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On Track Innovations
On Track Innovations Ltd. (OTI) founded in 1990, is a global company that develops contactless payment solutions. OTI uses Near-field communication, NFC technologies among other things. OTI’s products include telemetry, payment readers and terminals for unattended & self-service markets such as Vending machine, vending, entertainment, and other services. OTI is headquartered in Yokneam Illit, Yokneam Israel with offices in Americas, America, Europe and Africa. The company retains an R&D site in Rosh Pinna Israel. OTI is traded on the OTC Markets Group, QTCQX Global Market under the symbol OTIVF. History In 1990, a group of engineers founded OTI with the intention of developing contactless payment technologies. The first few years were spent on Processor (computing), chip design, specializing on contactless Antenna (radio), antenna interfaces, integrated as Radio-frequency identification, RFID products that worked with File system, files and ran security functionalities. ...
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On Track Innovations
On Track Innovations Ltd. (OTI) founded in 1990, is a global company that develops contactless payment solutions. OTI uses Near-field communication, NFC technologies among other things. OTI’s products include telemetry, payment readers and terminals for unattended & self-service markets such as Vending machine, vending, entertainment, and other services. OTI is headquartered in Yokneam Illit, Yokneam Israel with offices in Americas, America, Europe and Africa. The company retains an R&D site in Rosh Pinna Israel. OTI is traded on the OTC Markets Group, QTCQX Global Market under the symbol OTIVF. History In 1990, a group of engineers founded OTI with the intention of developing contactless payment technologies. The first few years were spent on Processor (computing), chip design, specializing on contactless Antenna (radio), antenna interfaces, integrated as Radio-frequency identification, RFID products that worked with File system, files and ran security functionalities. ...
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Radio-frequency Identification
Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder, a radio receiver and transmitter. When triggered by an electromagnetic interrogation pulse from a nearby RFID reader device, the tag transmits digital data, usually an identifying inventory number, back to the reader. This number can be used to track inventory goods. Passive tags are powered by energy from the RFID reader's interrogating radio waves. Active tags are powered by a battery and thus can be read at a greater range from the RFID reader, up to hundreds of meters. Unlike a barcode, the tag does not need to be within the line of sight of the reader, so it may be embedded in the tracked object. RFID is one method of automatic identification and data capture (AIDC). RFID tags are used in many industries. For example, an RFID tag attached to an automobile during production can be used to track ...
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Frost & Sullivan
Frost & Sullivan is an American business consulting firm. It offers market research and analysis, growth strategy consulting, and corporate training. It has about 45 offices in the Americas, Africa, Asia and Europe; the principal office is in Santa Clara, California. History Frost & Sullivan was started by Dan L. Sullivan and Lore A. Frost VQIR.com 14 April, 2017 in New York City in 1961. In the 1970s it started a corporate training division, began sponsoring conferences and industry meetings, and opened an office in London. In 1982, it was publicly traded, and had annual revenues of $9.1 million. By 1987 revenue had grown to around $17.5 million, with $290,000 in net earnings. Theodore Cross acquired 53% of the stock in the mid-1980s. In January 1988 the company was taken private by merger with a subsidiary of FAS Acquisition Co., a company formed by Cross and Warburg Pincus Capital. It was sold to David Frigstad in 1993. A sales office in New York was damaged in the Septemb ...
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American Express
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company's logo, adopted in 1958, is a gladiator or centurion whose image appears on the company's well-known traveler's cheques, charge cards, and credit cards. During the 1980s, Amex invested in the brokerage industry, acquiring what became, in increments, Shearson Lehman Hutton and then divesting these into what became Smith Barney Shearson (owned by Primerica) and a revived Lehman Brothers. By 2008 neither the Shearson nor the Lehman name existed. In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the United States. , the company had 121.7million cards in force, includ ...
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Visa Inc
Visa Inc. (; stylized as ''VISA'') is an American multinational financial services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world's most valuable companies. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion. This article is authored by a ''Forbes'' staff member. Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. Available through ...
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Microprocessor
A microprocessor is a computer processor where the data processing logic and control is included on a single integrated circuit, or a small number of integrated circuits. The microprocessor contains the arithmetic, logic, and control circuitry required to perform the functions of a computer's central processing unit. The integrated circuit is capable of interpreting and executing program instructions and performing arithmetic operations. The microprocessor is a multipurpose, clock-driven, register-based, digital integrated circuit that accepts binary data as input, processes it according to instructions stored in its memory, and provides results (also in binary form) as output. Microprocessors contain both combinational logic and sequential digital logic, and operate on numbers and symbols represented in the binary number system. The integration of a whole CPU onto a single or a few integrated circuits using Very-Large-Scale Integration (VLSI) greatly reduced the cost of ...
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Samsung
The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ''Samsung'' brand, and is the largest South Korean (business conglomerate). Samsung has the eighth highest global brand value. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into five business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group, and JoongAng Group. Notable Samsung industrial affiliates include Samsung Electronics (the wor ...
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ISO/IEC 15693
ISO/IEC 15693, is an ISO/ IEC standard for ''vicinity cards'', i.e. cards which can be read from a greater distance as compared with proximity cards. Such cards can normally be read out by a reader without being powered themselves, as the reader will supply the necessary power to the card over the air (wireless). ISO/IEC 15693 systems operate at the 13.56 MHz frequency, and offer maximum read distance of 1–1.5 meters. As the vicinity cards have to operate at a greater distance, the necessary magnetic field is less (0.15 to 5 A/m) than that for a proximity card (1.5 to 7.5 A/m). Example applications * Ski pass: each of those has a unique ID and the system knows for how long the pass is valid etc. Communication to the card Communication from the reader to the card uses an amplitude-shift keying with 10% or 100% modulation index. The data coding is: ;1 out of 4 pulse-position modulation: 2 bits are coded as the position of a 9.44 μs pause in a 75.52 μs symbol time ...
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ISO/IEC 14443
ISO/IEC 14443 ''Identification cards -- Contactless integrated circuit cards -- Proximity cards'' is an international standard that defines proximity cards used for identification, and the transmission protocols for communicating with it. Standard The standard is developed by ISO/IEC JTC 1 (Joint Technical Committee 1) / SC 17 (Subcommittee 17) / WG 8 (Working Group 8). Parts * ISO/IEC 14443-1:2018 Part 1: Physical characteristics * ISO/IEC 14443-2:2016 Part 2: Radio frequency power and signal interface * ISO/IEC 14443-3:2018 Part 3: Initialization and anticollision * ISO/IEC 14443-4:2018 Part 4: Transmission protocol Types Cards may be Type A and Type B, both of which communicate via radio at 13.56 MHz (RFID HF). The main differences between these types concern modulation methods, coding schemes (Part 2) and protocol initialization procedures (Part 3). Both Type A and Type B cards use the same transmission protocol (described in Part 4). The transmission protocol sp ...
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Mass Production
Mass production, also known as flow production or continuous production, is the production of substantial amounts of standardized products in a constant flow, including and especially on assembly lines. Together with job production and batch production, it is one of the three main production methods. The term ''mass production'' was popularized by a 1926 article in the ''Encyclopædia Britannica'' supplement that was written based on correspondence with Ford Motor Company. ''The New York Times'' used the term in the title of an article that appeared before publication of the ''Britannica'' article. The concepts of mass production are applied to various kinds of products: from fluids and particulates handled in bulk (food, fuel, chemicals and mined minerals), to parts and assemblies of parts (household appliances and automobiles). Some mass production techniques, such as standardized sizes and production lines, predate the Industrial Revolution by many centuries; however, ...
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Radio Frequency
Radio frequency (RF) is the oscillation rate of an alternating electric current or voltage or of a magnetic, electric or electromagnetic field or mechanical system in the frequency range from around to around . This is roughly between the upper limit of audio frequencies and the lower limit of infrared frequencies; these are the frequencies at which energy from an oscillating current can radiate off a conductor into space as radio waves. Different sources specify different upper and lower bounds for the frequency range. Electric current Electric currents that oscillate at radio frequencies (RF currents) have special properties not shared by direct current or lower audio frequency alternating current, such as the 50 or 60 Hz current used in electrical power distribution. * Energy from RF currents in conductors can radiate into space as electromagnetic waves ( radio waves). This is the basis of radio technology. * RF current does not penetrate deeply into electrical c ...
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