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Product category: Intellectual Property Cores
News Release from: MIPS Technologies
Edited by the Electronicstalk Editorial Team on 20 November 2003

Core to tackle secure payment
applications

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Innova Card has taken a licence for the MIPS Technologies' MIPS32 4KSd core.

Innova Card has taken a licence for the MIPS Technologies' MIPS32 4KSd core The 4KSd core is the industry's most secure licensable processor technology and will form the basis for Innova Card's Universal Secure Integrated Platform (USIP) Consumer and Professional platforms, which will be available by the second quarter of 2004

The MIPS-based USIP platforms from Innova Card are EMV and Finread compliant and can be integrated into any smart card device for payment applications.

The USIP Professional platform offers POS terminal manufacturers the opportunity to smoothly migrate to the EMV standard by developing high-performance, cost-competitive products that meet the needs of banks and merchants.

The USIP Consumer platform is a ready-made solution for the deployment of mass-market applications for consumers to make secure transactions on the Internet.

The adoption of standards, like EMV, as well as the increasing deployment of banking smart cards worldwide, has led industry analyst Frost and Sullivan to estimate that 10 million smart card terminals and 11 million personal readers will be shipped worldwide by 2005.

"The EMV migration and the adoption of new standards like Finread will be accelerated thanks to more secure solutions based on high performance and low-cost hardware trusted devices", said Bruno Bernard, president of Innova Card.

"Innova Card's secure technology, utilising the MIPS32 4KSd core, gathers all these characteristics and relies on the smart card technology extended to open system on chips platforms".

"Whether it is via cellphone, the Internet or a vending machine, end-to-end security in the transaction chain of electronic commerce is of the utmost concern for both consumers and service providers", said Jack Browne, Vice President of Worldwide Sales at MIPS Technologies.

"The unique security attributes of our 4KSd core and SmartMIPS architecture are second to none within the embedded industry.

They enable customers, such as Innova Card, to develop ultrasecure platforms while leveraging the benefits of the industry-standard MIPS architecture.

This helps companies lower overall development costs and get to market quickly".

As the basis of the USIP platform, the MIPS32 4KSd core provides the performance required to execute cryptographic algorithms.

Additional security features of the fully synthesisable 4KSd core, such as random pipeline slips to disguise timing and power profile, its efficient virtual machines and support of multi-applications also contribute to the overall security of payment transactions based on the USIP platform.

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