PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: AmiCOUR IP Group, LLC

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Pen-One Banking and Payment Security Portfolio to Include New Data Security System Patent - AmiCOUR IP Group announced a new data security system patent grant for its client Pen-One, Inc. The patent joins the Pen-One portfolio of patents used to secure credit card and mobile banking transactions
Pen-One Banking and Payment Security Portfolio to Include New Data Security System Patent

 

NewswireToday - /newswire/ - Denver, CO, United States, 2010/11/12 - AmiCOUR IP Group announced a new data security system patent grant for its client Pen-One, Inc. The patent joins the Pen-One portfolio of patents used to secure credit card and mobile banking transactions.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Telecom/Wireless/VoIP/IPTV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!

World needs to know about google malpractices - Share your Adsense publishers stories on Google tactics to steal your revenues

 

AmiCOUR IP Group today announced a new patent grant for its client, Pen-One, Inc, which relates to essential data security system technology. The USPTO issued patent number 7,822,232 for a Data Security System on October 26, 2010. The patent joins a larger Pen-One portfolio of patents for use securing credit card and mobile banking transactions, which is currently being offered for sale by AmiCOUR IP Group.

“This additional patent increases the value of Pen-One’s IP portfolio and directly compliments patent 7,047,419 which has broad claim coverage applicable to mobile phone based payment systems and other applications requiring secure data exchange,” stated Tony Escobar, Executive Vice President at AmiCOUR IP Group. “We are continuing to receive interest from traditional players in the payment card industry as well as companies who are clearly innovators. We’re watching the barriers to US deployment of phone wallet technology go away.”

“The trade press is following how the industry is moving smartphones into EMV payments, including Europay, MasterCard, and Visa transactions,” explained Escobar. “Many of these first movers in mobile payments, like the Square attachment and CreditCall, involve a third piece of hardware or external system. Pen-One pioneered integrated authentication to seamlessly merge security into the process. They can provide an instant solution at the point of sale where mobile payment service is needed.” The new ‘232 patent states, “The biometric authentication occurs in a seamless manner and is incidental to the data request enabling user identity authentication with each request to access secure data.” Trade publication Payments Cards & Mobile recently published Arthur D. Little’s prediction that “m-payments” (mobile payments) in Mexico, Brazil, Russia, India, and China will rise to $60 billion in the next 5 years.

Earlier this year, AmiCOUR announced plans by Pen-One and its parent company, Canadian security leader Verimetrics Canada Inc., to offer certain intellectual property assets for sale and assignment. Verimetrics’ management decided to focus on its leadership in data security and health care products in the Canadian market, recognizing that Pen-One’s US and international payment security patents would be strategic to leaders and innovators in the mobile banking and payment card industry. The company has successfully demonstrated its security products at the Cartes show in Paris and the MasterCard Global Risk Management Symposium. Many of the Pen-One patents have been cited in newer patents and applications by industry participants, including American Express and its Travel Services.

Escobar explained, “The Pen-One patents teach several approaches for delivering instant and secure identification of the owner of a mobile computing device by using local processor resources. Placing electronic fingerprint sensors on secure smart phones is an easy and reliable approach allowing customers to store their personal biometric data away from central servers. Other Pen-One art relates to a fingerprint sensing stylus for use at a credit card terminal. This portfolio is also broad enough to address many other types of biometrics.”

About AmiCOUR IP Group, LLC
AmiCOUR IP Group, (amicourip.com) a leading intellectual property consulting company providing IP asset management and consulting services, litigation support, royalty audits, and patent management software tools. The company’s brokerage sale team is exclusively managing this sale.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Telecom/Wireless/VoIP/IPTV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!

World needs to know about google malpractices - Share your Adsense publishers stories on Google tactics to steal your revenues

 

Written by / Agency / Source: AmiCOUR IP Group, LLC

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Telecom/Wireless/VoIP/IPTV articles,
CATCH Visitors via Your Competitors Announcements!


Pen-One Banking and Payment Security Portfolio to Include New Data Security System Patent

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: J. Scott Bechtel - AmiCOURIP.com 
312-725-3728 info[.]amicourip.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any AmiCOUR IP Group, LLC securities in any jurisdiction including any other companies listed or named in this release.

Telecom/Wireless/VoIP/IPTV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From AmiCOUR IP Group, LLC / Company Profile


Read Telecom/Wireless/VoIP/IPTV Most Recent Related Newswires:

Grandstream Releases a New WiFi Access Point for Beta Testing
IDC MarketScape Names HCL a Leader for Worldwide Internet of Things Consulting and Systems Integration Services
India’s First Payments Bank Goes LIVE-Airtel Payments Bank Starts Pilot Services in Rajasthan
Grandstream Introduces New Mid-Range IP Phones
Qualcomm and Samsung Collaborate on 10nm Process Technology for the Latest Snapdragon 835 Mobile Processor
Axiata Announces Completion of Bangladesh’s First Telecoms Merger with Bharti Airtel
NEC Develops 5G Massive-element Active Antenna System that Supports 28GHz Band
Grandstream Expands into WiFi Market with New Managed WiFi Access Point
Qualcomm and Tencent Announce Joint Innovation Center in China
Qualcomm Announces 5G NR Spectrum Sharing Prototype System
Verizon Acquires LQD WiFi to Humanize the Citizen Engagement Experience
Grandstream Announces New 4-Port ATA with Gigabit NAT Router
Qualcomm and Preh Sign Commercial Wireless Electric Vehicle Charging License Agreement
Frost & Sullivan Honors Grandstream with Global Enterprise IP Endpoints Market Company of the Year Award
Expway and Bittium Launch First LTE Broadcast Mobile Devices for Public Safety

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)