The number of contactless smart cards shipping per annum is projected to break the one billion mark in 2014. The government and healthcare sector is the largest contactless application for smart cards, having been traditionally driven by shipments of contactless memory cards into China’s national ID programme.
However, the report, produced by IMS Research, forecasts that in the future it will comprise a growing number of smaller schemes employing microcontroller-based cards, such as driver’s licenses, healthcare, national ID and e-passports around the world.
According to the report analyst, Don Tait, “The market for contactless is set to nearly double between 2008 and 2014 as the three largest end-user sectors, government and healthcare ID, transportation and payment and banking cards, all see contactless gain more traction.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.