Giesecke+Devrient

SGP … what? 🤔 SGP.02, .22, .32, .42 … have you ever wondered what this combination of letters and numbers means? The short answer: they represent standards which define various scenarios and use cases for the remote management of eSIM profiles, called Remote SIM Provisioning (RSP). RSP is transforming how SIMs are managed across a range of devices – from cars to consumer electronics and industrial IoT solutions. With RSP, the SIM is digitalized, meaning you can seamlessly download and manage SIM profiles over the air, without needing to physically insert or replace SIM cards. The standards are developed by the GSMA, a global organization unifying the mobile ecosystem. In our new brochure, we shed light on the different GSMA standards, including their technological specifications and typical use cases. 💡 Take a look at the brochures on our AirOn360® IoT page to learn which solution best fits your needs: https://lnkd.in/dEhXQtfQ #RemoteSIMProvisioning #IoT #GSMA #eSIM #eSIMManagement

What could a potential retail CBDC look like for the Kingdom of Eswatini? Among the first African countries, the Central Bank of Eswatini explored a secure digital version of its fiat currency in a pilot project. The Digital Lilangeni could potentially serve as a general purpose CBDC for domestic payment transactions. It could be used by individuals for peer-to-peer payments and transactions with merchants or businesses, thus representing a digital version of the publicly accessible Lilangeni. As part of the Digital Lilangeni Project, #Eswatini has been testing G+D’s Filia CBDC technology. The recently published paper provides key design principles for a potential CBDC: 🔹Truly inclusive: Offline use cases have demonstrated in making digital payments more inclusive and enhancing access to financial services. 🔹Stability as legal tender: The non-interest-bearing nature of the Digital Lilangeni helped foster trust as a stable digital currency and preserve its value. 🔹Seamless interoperability: Domestic interoperability was proven to be effective, providing a foundation for exploring cross-border transaction. 🔹Technological framework: The effectiveness of a token-based, two-tier distribution model with financial intermediaries was demonstrated through the pilot. 🔹Stakeholder engagement: The success of the pilot was largely attributed to the close collaboration between the public and private sectors, and the early involvement of key stakeholders. According to the report, the motivations for a potential Digital Lilangeni could be to foster digitalisation, deepen financial inclusion, and catalyse innovation and new business opportunities. Explore the full report to find out: https://lnkd.in/dYm4yKHk #CBDC #pilotproject #innovation #finance #digitalpayments

Abandoned shopping carts due to complex checkouts and lack of trust? We may have a solution to this growing problem: #tokenization 🔑. E-commerce is booming, but as part of this growth, merchants face many challenges: from supporting new payment methods to fraud prevention, data security and customer expectations. Tokenization is a tool to overcome the challenge of friction in the payment process - it's like an invisible shield behind e-commerce transactions. But how does it work? By replacing sensitive card data with unique tokens, network tokenization increases security by protecting sensitive data such as account numbers and expiration dates at every step of the payment flow. Not only does it increase security, but it also simplifies transactions as customers no longer need to update their payment details when cards expire or are reissued. Tokens are updated automatically, reducing false declines, preventing lost sales and improving customer loyalty. Our goal at G+D is to optimize online payments at every step to make online shopping faster, more convenient and more secure. For more insights into how innovative payment solutions are shaping the future of financial platforms, read Jukka Yliuntinen's article for TechDay United Kingdom: https://lnkd.in/d9X8sNp5 #eCommerce #DigitalPayments #ClickToPay #Innovation #Datasecurity

Ever wonder why Hollywood’s most glamorous films often feature casinos? 🎲💰 For one, casinos handling a lot of cash. Almost 44 billion US dollars were taken in by commercial casinos in the USA in 2022. Cash plays an important role here: It keeps this energetic environment alive and guarantees high stakes. Behind all the glamour, casinos need absolutely secure and efficient cash handling solutions. Imagine a slot machine that is fed with a lot of cash over the course of an evening. The machine's cassette with the cash must be taken to the counting room, where the deposit is checked, counted and sorted. Casinos therefore depend on the right partner for all these processes: At G+D, we have a wide range of cash processing systems, software solutions and the know-how and experience to automate casino operations. How do we help to make casinos secure and efficient? Find out in our Spotlight video: https://lnkd.in/dqJzzq93 #Casino #Cash #CashCycle #Automation

Plastic pollution isn’t a new issue – it’s an ongoing crisis. 🌊 Each year, millions of tons of plastic flow into our oceans, threatening marine life and ecosystems. On Ocean Plastic Pollution Day, we’re reminded that raising awareness is important – but action is essential. At G+D, we are committed to being part of the solution. For example, by recycling plastic waste that pollutes our oceans and giving it a new meaningful purpose - as payment cards in our Convego Beyond range. Our goal is clear: We want to reduce the amount of virgin plastic in our payment cards to 0% by 2030. In doing so, we take the first step toward a future of circular economy. ♻️ As we continue to develop eco-friendly payment solutions, we aim to make more meaningful changes that protect our planet. Learn more about our efforts here: https://lnkd.in/dJGzw2Ka #OceanPlasticPollutionDay #Sustainability #InnovationForGood #CircularEconomy

Last week's Singapore FinTech Festival was a blast 😁 A week of exciting presentations, interesting and engaging exchanges and discussions on all aspects of the payments and banking world. With a focus on enhancing security without compromising user experience, digital innovations like Passkeys, Click to Pay took center stage. In partnership with Parley, we hosted a panel discussion focusing on sustainability, emphasizing our joint commitment to a plastic-free future This dialogue reinforced our #Pledge2030 to avoid the use of virgin plastic in our #paymentcards by 2030. At our booth, the series of fireside chats and panel discussions drew in a keen audience, eager to learn more about our sustainable payment solutions. One major insight we take away from #SFF2024: it is evident that the future of payment solutions lies in secure, personalized, and environmentally conscious practices. Thank you to everyone who came over to our booth to engage with us and also a big shoutout to our colleagues on site.

Your car tells you how to avoid the traffic jam ahead. Your house unlocks the door as you approach. And your living room starts your favorite playlist when you get home. 👀 Science fiction? No – just an ordinary day in a smart city, depicted in our endearing #Spotlight video series. Of course, smart cities are more than just convenience in daily life. Digital technologies are integral to infrastructures like transportation, energy, and public administration. Think of smart water meters or street lighting that adapts to traffic volume. 💡 The goal is clear: to enhance living standards, promote sustainability, streamline public administration, offer digital services, and optimize the use of resources. To make such smart cities work, one thing is essential – mobile connectivity. And this is where we come in: With our iSIM and eSIM solutions, we connect devices across zones, from smart vehicles to smartphones, making IoT networks in smart cities a reality. Curious about where smart cities are already thriving? Explore the real-world examples in our latest Spotlight video: https://lnkd.in/dxpfb2fi #Connectivity #iSIM #eSIM #IoT #SmartCities

When will automated #BorderCrossing become reality? ✈️ The soaring number of travelers worldwide is calling for solutions to make border crossings more efficient. Automated border crossing technologies can address issues such as long queues at #airport checkpoints, annoyed passengers, and stressed officials. Automation technologies, such as those developed by our joint venture Veridos, can streamline processes along the entire passenger journey – from the collection of personal data via Digital Travel Authorizations (DTAs) before the journey to #biometric verification, e.g. in eKiosks and #eGates. With biometric technology, a seamless traveler experience becomes possible. However, the implementation of a biometric corridor that allows for frictionless travel is still being tested globally. While some technological solutions, such as face recognition on the move, are already feasible, others, such as iris #verification, remain challenging. Frictionless border crossing is thus something we can expect in the future – but we are not quite there yet. It is also important to note that even with automated procedures, human supervision will always be required to ensure that the highest security demands are met. Dive into our Spotlight article to learn more about the future of travel with biometrics: https://lnkd.in/d3d4MJYN #SeamlessTravel #Identities

A beautiful patch that enhances any #banknote, no matter how stunning, and increases security at the same time - this is our #RollingStar patch. The indispensable role of cash in our world means that, as a global leader in security technology, we are committed to continuously improving its security. At the same time, we are passionate about banknotes: their aesthetics, beauty and fascination. With our security solution RollingStar Patch we merge our pioneering #ColourShift and micromirror technologies. Thanks to millions of reflective micromirrors combined with vibrant color shifts, these banknotes change color and project dynamic 3D images as they move. This feature isn't just a deterrent to counterfeiters; it's a spectacle of #security. The design possibilities of RollingStar #Patch are endless, as it can be positioned almost anywhere on the banknote. This provides flexibility and allows unique storytelling through various shapes, designs, and colors. Whether it's a national emblem, historical figure, or an iconic landmark, the RollingStar Patch can bring any motif to life with its striking visual effects. Find out more about the possibilities of this security feature: https://lnkd.in/ddSYea_p #Innovation #Currency #banknotes #cash

Where complexity meets innovation: Discover the #payment landscape of Latin America 🌎 The diverse nature of the Latin American region makes it hard to put its payment landscape in a nutshell. In our latest Spotlight article, we have taken on this challenge and shine a light on the region’s trends within the payments sector: 💵 #Cash remains important: All across Latin America, cash still dominates the payment landscape. Given that more than half of its population works in the informal sector and is paid in cash, it is expected to retain this predominant role. Many merchants also still only accept cash. 📳 #Digital payment is taking off: While large commercial banks have adopted digital-first strategies, local innovations are accelerating this trend. For example, the #instantpayment ecosystem Pix in Brazil allows different users to send or receive payment transfers at any time. Other countries in the region are already following suit. 🔁 Bridging the interoperability gap: Closed-loop wallets are still a challenge in the region, e.g. in Colombia and Peru. Bankers in these countries are increasingly pushing to enhance interoperability between different #wallets and platforms. 📨 CBDCs unlocking financial inclusion: Cross-border remittances from expatriate workers play an important part in Latin American cross-border transactions. Once retail #CBDC gains the necessary regulatory support, sending money home might soon become cheaper, quicker, and more secure. Discover the full insights into Latin America’s payment landscape in our latest #Spotlight article: https://lnkd.in/dpUXE7nS #LatinAmerica #PaymentTrends