On Track Innovations Ltd. (OTIV)

[asp42001]

Chip-Embedded NFC Reader Demand?

Bigger and better things to come for those involved with NFC innovative payment solutions and reading devices:

"Target is committed to help drive an industry-wide move toward adopting chip-enabled smart cards that significantly enhance protection for card users. Since the data breach, we are accelerating our own $100 million investment to put chip-enabled technology in place. Our goal is to implement this technology in our stores and on our REDcards by early 2015, more than six months ahead of our previous plans."

OTI is "On-Track" when it comes to helping stymie cyber theft and hack attacks.

Billing, payment & security (BP&S) innovative solutions, privy to OTIV & others, helps keep the business of America [business] from being de-railed by hackers.

OTI NFC Pay-Pass solutions are diamonds-in-the-rough. And you can take that to the banks that must guard against theft of data.

ASP42001