Accuracy of Reports on Contactless Cards Questioned

The Smart Card Alliance said yesterday that a recent Associated Press story and subsequent news reports inaccurately linked security questions about an RF-enabled chip used primarily in transit applications with the contactless smart card technology used in financial payment cards.

PRINCETON JUNCTION, N.J. — The Smart Card Alliance here said yesterday that a recent Associated Press story and subsequent news reports inaccurately linked security questions about an RF-enabled chip used primarily in transit applications with the contactless smart card technology used in financial payment cards. The RF-enabled chip used in the transit applications, which was cited by University of Virginia research, is not the same product used in contactless credit/debit cards and electroni

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