Renesas Debuts Trusted Reader Platform for FINREAD Card Readers

11/1/2004 - Renesas Technology Corp., the world's number-one supplier of microcontrollers and a leader in security IC products, announced the availability of a trusted reader platform for FINREAD card readers. This architecture is based on the Renesas ePOS (electronic point-of-sale) reference platform, a secure, scalable hardware and software reference design board that allows financial transaction terminals to be equipped with the most advanced security.

The new Renesas FINREAD trusted reader platform will be presented publicly for the first time in the Renesas booth (#3B1) at the Cartes show in Paris, France, November 2 to 4, 2004. The platform is based on an H8S/2215 microcontroller and an AE Series security IC. The platform is packaged in a compact form factor and is supported by middleware meeting the high level of security defined by the FINREAD guidelines for authenticating the device and the applets. This hardware/software combination comprises the best possible solution for developing highly secure PC-connected, USB-powered products.

The new FINREAD trusted reader platform is based on the Renesas' open-standard ePOS reference platform* which supports Visa Smart POS, the GlobalPlatform and EMV (Europay/Mastercard/Visa) standards, and the STIP, FINREAD and JEFF software and middleware. The Renesas ePOS platform provides a development environment that facilitates the creation and customisation of applications that work across a diverse range of payment and identification products, including classic payment (EFTPOS*), terminals, PC-connected payment terminals, PIN pads and embedded readers.

According to William Vanobberghen, FINREAD Coordinator, "FINREAD is pleased that the new secure card reader platform from Renesas Technology will share the spotlight at the Cartes show. This platform helps promote the forthcoming ISO/IEC JTC1/SC17 standard for a secure and interoperable IC card transaction device. The solid, secure and easy-to-implement solution will accelerate the adoption of FINREAD technology onto the global market."

Jim Lee, senior vice president, Product Technology and Standards, Visa International, says, "Visa has been leading initiatives to standardise and streamline the payment industry infrastructure's support of the EMV specifications for smart card technology. The Renesas ePOS platform being shown at Cartes in Paris is well-timed and brings a new level of uniformity in terminal system implementation."

FINREAD was created in 2001 to address the specifics of e-commerce and PC-connected devices. A consortium of European partners in the payment industry has developed a set of specifications for a card reader to secure transactions on the Internet. The FINREAD specifications have been drawn up and made available for free to the manufacturers through the CEN (European Standardization Committee).

About Visa Smart POS
Visa Smart POS is a cost-effective software solution that dramatically reduces EMV application development time. Visa Smart POS is an important and innovative component of the Visa Smart initiative, Visa's comprehensive chip migration program. The Visa Smart POS EMV Level-2 compliant software module is available royalty-free to acquirers, merchants, and vendors. The software module helps reduce time-to-market for EMV chip acceptance devices by up to 12 months.

About Renesas Technology Corp.
Renesas Technology Corp. designs and manufactures highly integrated semiconductor system solutions for mobile, automotive and PC/AV markets. Established on April 1, 2003 as a joint venture between Hitachi, Ltd. (TSE:6501, NYSE:HIT) and Mitsubishi Electric Corporation (TSE:6503) and headquartered in Tokyo, Japan, Renesas Technology is one of the largest semiconductor companies in the world and the world leading microcontroller supplier globally. Besides microcontrollers, Renesas Technology offers system-on-chip devices, Smart Card ICs, mixed-signal products, flash memories, SRAMs and more.

The Renesas ePOS reference platform combines an H8S/H8SX microcontroller with the AE Series security IC.

EFTPOS - electronic fund transfer point of sale terminals

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