Mondex
Mondex was a smart card electronic cash system, implemented as a stored-value card and owned by Mastercard. Pioneered by two bankers from NatWest in 1990, it was spun-off to a separate consortium later on, then sold again to Mastercard. Mondex allowed users to use its electronic card as they would with cash, enabling peer-to-peer offline transfers between cards, which did not need any authorization, via Mondex ATMs, computer card readers, personal 'wallets' and specialized telephones. This offline nature of the system and other unique features made Mondex stand out from leading competitors at the time, such as Visa Cash, which was a closed system and was much closer in concept to a traditional payment cards' transactional operation. Mondex also allowed for a full-card locking mechanism, usage with multiple currencies within a single card, and a certain degree of user anonymity. Mondex cards were at some point common place in many universities at a certain point as they were ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mondex Logo
Mondex was a smart card electronic cash system, implemented as a stored-value card and owned by Mastercard. Pioneered by two bankers from NatWest in 1990, it was spun-off to a separate consortium later on, then sold again to Mastercard. Mondex allowed users to use its electronic card as they would with cash, enabling peer-to-peer offline transfers between cards, which did not need any authorization, via Mondex ATMs, computer card readers, personal 'wallets' and specialized telephones. This offline nature of the system and other unique features made Mondex stand out from leading competitors at the time, such as Visa Cash, which was a closed system and was much closer in concept to a traditional payment cards' transactional operation. Mondex also allowed for a full-card locking mechanism, usage with multiple currencies within a single card, and a certain degree of user anonymity. Mondex cards were at some point common place in many universities at a certain point as they were mos ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Visa Cash
Visa Cash is a smart card electronic cash system, implemented as a stored-value card owned by Visa. Trialled in various locations worldwide (including Leeds, UK in 1997), the system works via a 'chip' embedded in a bank card, and looks similar to the so-called 'Chip and PIN' cards issued, among other countries, in Europe. Another early trial was performed in conjunction with the World Ski Championship in Trondheim, Norway in late February 1997. Several different cards were issued, with loaded face values of 200, 250, 400 and 600 NOK. The cards expired Aug 97. The card is 'loaded' with cash via specialized ATMs, and the cash can later be 'spent' by inserting the card into the retailer's card-reader and pressing a button to confirm the amount. Neither PIN entry nor a signature is required, which makes for a speedy transaction for the card's owner. Other competing cashless payment systems for micro-payments (small amounts) include Mondex. A more successful smart card electronic cas ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Smart Card
A smart card, chip card, or integrated circuit card (ICC or IC card) is a physical electronic authentication device, used to control access to a resource. It is typically a plastic credit card-sized card with an embedded integrated circuit (IC) chip. Many smart cards include a pattern of metal contacts to electrically connect to the internal chip. Others are contactless, and some are both. Smart cards can provide personal identification, authentication, data storage, and application processing. Applications include identification, financial, mobile phones (SIM), public transit, computer security, schools, and healthcare. Smart cards may provide strong security authentication for single sign-on (SSO) within organizations. Numerous nations have deployed smart cards throughout their populations. The universal integrated circuit card, or SIM card, is also a type of smart card. , 10.5billion smart card IC chips are manufactured annually, including 5.44billion SIM card IC chips. Hist ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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ITSEC
The Information Technology Security Evaluation Criteria (ITSEC) is a structured set of criteria for evaluating computer security within products and systems. The ITSEC was first published in May 1990 in France, Germany, the Netherlands, and the United Kingdom based on existing work in their respective countries. Following extensive international review, Version 1.2 was subsequently published in June 1991 by the Commission of the European Communities for operational use within evaluation and certification schemes. Since the launch of the ITSEC in 1990, a number of other European countries have agreed to recognize the validity of ITSEC evaluations. The ITSEC has been largely replaced by Common Criteria, which provides similarly-defined evaluation levels and implements the target of evaluation concept and the Security Target document. Concepts The product or system being evaluated, called the ''target of evaluation'', is subjected to a detailed examination of its security features cul ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stored-value Card
A stored-value card (SVC) is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution. This means no network access is required by the payment collection terminals as funds can be withdrawn and deposited straight from the card. Like cash, payment cards can be used anonymously as the person holding the card can use the funds. They are an electronic development of token coins and are typically used in low-value payment systems or where network access is difficult or expensive to implement, such as parking machines, public transport systems, closed payment systems in locations such as ships or within companies. Stored-value cards differ from debit cards, where money is on deposit with the issuer, and credit cards which are subject to credit limits set by the issuer and are connected to accounts at financial institutions. Another difference between stored-value cards and debit and credit cards is that debit and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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TaiwanMoney Card
TaiwanMoney Card is a contactless Smart card in use in seven cities centred on the southern Taiwanese city of Kaohsiung. It is a combined credit card, electronic purse and public transport payment card being the first such card when it was rolled out by its providers ( MasterCard, Cathay United Bank and Acer e-Service) in June 2006. History The Kaohsiung City transit authority selected a consortium led by Acer to run the program in 2003, testing began in 2005 before roll out in 2006. Technology The technology used is based on the Mondex system. Network The TaiwanMoney card is widely accepted including the following: *Kaohsiung bus Management Service *Kaohsiung City shipping company *South East Bus Company (Operating 7 routes under contract to Kaohsiung City Buses) *Kaohsiung Bus (including Tainan City Buses) *Kuo-Kuang Motor Transport Company Ltd (Southern Highway Passenger Line) See also *List of smart cards * Octopus card *OnePulse OnePulse was the name given to a credi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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NatWest
National Westminster Bank, commonly known as NatWest, is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, it became part of The Royal Bank of Scotland Group, which was re-named NatWest Group in 2020. Following ringfencing of the group's core domestic business, the bank became a direct subsidiary of NatWest Holdings; NatWest Markets comprises the non-ringfenced investment banking arm. The British government currently owns around 48.1%, previously 54.7% of NatWest Group after spending £45 billion ($61.87 billion) bailing out the lender in 2008. NatWest is considered one of the Big Four clearing banks in the UK, and it has a large network of over 960 branches and 3,400 cash machines across Great Britain and offers 24-hour ''Actionline'' telephone and online banking services. Today, it has more than 7.5 million personal customers and 8 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous megacities, and over 58 million people live within of the city. New York City is a global cultural, financial, entertainment, and media center with a significant influence on commerce, health care and life sciences, research, technology, educa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Z Notation
The Z notation is a formal specification language used for describing and modelling computing systems. It is targeted at the clear specification of computer programs and computer-based systems in general. History In 1974, Jean-Raymond Abrial published "Data Semantics". He used a notation that would later be taught in the University of Grenoble until the end of the 1980s. While at EDF (Électricité de France), working with Bertrand Meyer, Abrial also worked on developing Z. The Z notation is used in the 1980 book ''Méthodes de programmation''. Z was originally proposed by Abrial in 1977 with the help of Steve Schuman and Bertrand Meyer. It was developed further at the Programming Research Group at Oxford University, where Abrial worked in the early 1980s, having arrived at Oxford in September 1979. Abrial has said that Z is so named "Because it is the ultimate language!" although the name " Zermelo" is also associated with the Z notation through its use of Zermelo–Fraenk ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sheffield Hallam University
Sheffield Hallam University (SHU) is a public research university in Sheffield, South Yorkshire, England. The university is based on two sites; the City Campus is located in the city centre near Sheffield railway station, while the Collegiate Crescent Campus is about two miles away in the Broomhall Estate off Ecclesall Road in south-west Sheffield. The university is the largest university in the UK (out of ) with students (of whom 4,400 are international students), 4,494 staff and 708 courses. History Foundation and growth In 1843, as the industrial revolution gathered pace and Sheffield was on the verge of becoming the steel, tool and cutlery making capital of the world, the Sheffield School of Design was founded following lobbying by artist Benjamin Haydon. The day-to-day running was controlled by the local council, whilst the Board of Trade in London appointed the head. Tuition began in a 60x40ft rented room off Glossop Road. In 1850, the School of Design was renamed Sh ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Aston University
Aston University (abbreviated as ''Aston''. for post-nominals) is a public university, public Research university, research university situated in the city centre of Birmingham, England. Aston began as the Birmingham Municipal Technical School in 1895, evolving into the UK's first College of advanced technology (United Kingdom), college of advanced technology in 1956. Aston University received its royal charter from Queen Elizabeth II on 22 April 1966. Aston pioneered the integrated placement year concept over 50 years ago, and more than 73% of Aston students take a placement year, the highest percentage in the UK. In 2020, Aston University was named "University of the Year" by ''The Guardian'', and the newspaper also awarded Aston Students' Union its "Buildings That Inspire" award. The Times Higher Education, Times Higher Education Awards named Aston University as its "Outstanding Entrepreneurial University" in 2020. In September 2021, Aston was shortlisted for University of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |