Software

The role of card software technology

A smart card is a safe place to store valuable information such as private keys, account numbers, passwords, or personal information. It’s also a secure place to perform processes that one doesn’t want to be exposed to the world, for example, performing a public key or private key encryption. Data stored in the smart card’s microchip can be accessed only through the chip operating system (COS). Smart cards provide a secure, portable platform. So much of this is backed up by the software in place behind the cards.

The cost of the smart chip technology is significant and this is why it is also so advanced. This is due to the R & D in place behind the software. New technologies are opening the way for innovation in payments; to take full advantage, payments providers need to modernize three elements and this is where and how this technology is able to make a long-term difference. When it comes to it, smart cards are transformed into highly secure devices. Their establishment in the modern computer market can be considered certain.

Government ID Card Issuance Software

Government ID Card Issuance Software is one the major big areas in this offering. Identity software technology solutions are making a massive difference across all areas of the business landscape. When it comes to it, national IDs, passports, travel documents, driver’s licenses, secure IDs, healthcare IDs, and specific e-government applications are all examples than run off and depend on this software.

Credit card processing – what runs behind it

The technology behind credit card processing is really incredible, and has made our lives so much more convenient in the digital age. No cash on hand for a taxi? Add your credit card to a ride-sharing app like Grab or Uber. You don’t even need to carry your physical card anymore. So much of this is now run behind your iPhone or other applications. There are ways you need to upgrade and update the apps to make this work.

A bankcard network will conduct billions of transactions between customers, merchants, processors and banks, in mere seconds. The merchant’s terminal software (payment gateway) passes the transaction information to the processor, and the processor asks for authorization from the issuing bank. The bank grants the approval through the card network, back to the processor, which passes back to the merchant’s terminal. This is fairly similar to the process for the approval of online credit card applications.

Chip card technology and how it works

The future of electronic payments is changing. Financial institutions, card brand networks, merchants, payment processors and others continuously work to develop new technologies and best practices to create safer electronic payments to protect businesses and their customers. Much of this all comes back to the software it all runs on and how the software will work. EMV is a major buzz word in this area. In definition, EMV stands for Europay, Mastercard and Visa, the three organizations that created the original chip card specification that was unveiled in 1996. EMV was created to combat mounting losses related to the use of stolen and counterfeit credit cards.

Are chip cards safer than magnetic stripe?

Magnetic stripe (or “magstripe”) cards are an analog technology with roots in the 1960s. Using the same technology behind analog cassettes, magnetic stripe cards recorded contained all the data necessary to conduct a credit or debit card transaction. Magstripe came into widespread use in the 1980s and represented a significant security upgrade from paper-based credit card imprinters.

Another benefit is that the cardholder can retain possession of the card throughout the transaction. Basically their data becomes so much more safer as a result and as an end user. There is no opportunity for unscrupulous employees to pass the card around. The same can be said for the data to pass into the hands of any other people you don’t want it to pass to.

Smart cards

Cards with Contact technology are the most common you can find around the world, as you can find it in most credit, ATM and SIM cards. This method requires contact between the chip and an exterior machine to be able to exchange the information. This is required for the process it is used in. For example, when used in a payment situation, this type of card needs direct contact with the payment terminal to be able to process the transaction. Financial cards are the same as the ones used in SIM cards when it comes down to it. This is an aspect so many people tend to forget about.

With the current situation that our world is going through, Contactless smartcards became even more popular, as they help prevent unnecessary contact situations. Contactless technology allows access to data stored in the cards chip, as the name suggests, without any means of contact. Again, this too is where card software is so vital to the way the cards are able to work. This is also how it is able to operate for the end user. Like contact cards, contactless cards do not have batteries, so they use an inductor to capture some of the incident radio-frequency signal, rectify it and use it to power the card’s electronics.

Hardware

All data and passwords on a card are stored in the EEPROM (Electrically-Erasable Programmable Read-Only Memory) and can be erased or modified by an unusual voltage supply. Therefore, some security processors implemented sensors for environmental changes. However, since it is difficult to find the right level of sensitivity and there is a voltage fluctuation when the power is supplied to the card, this method is not widely used.

Other successful attack methods include heating the controller to a high temperature. The other is focusing the UV light on the EEPROM, thus removing the security lock. Invasive physical attacks are the most destructive when the card is cut and the processor removed. Then the layout of the chip can be reverse-engineered. Several technologies have already been developed to protect Smart Cards and keep the data that is stored in it safely.

Overall / conclusion

Overall, card software is vital for both credit cards and debit cards. Card Software producers also contribute to the smartcard security – they should provide their products with properly encrypted data and transfers. To help them achieve this goal, hardware-based or OS-based instructions and libraries supporting advanced cryptographic algorithms have been developed. As time goes on, card software will be key and will continue to develop as a major technology.

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