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0 · natwest mondex
1 · mondex wikipedia
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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 to Mastercard. Mondex allowed users to use its electronic card as they would with cash, . See moreThe Mondex scheme was invented in 1990 by Tim Jones and Graham Higgins of NatWest in the United Kingdom. In March 1992 internal tests of the system, known at the time as 'Byte', . See moreAs a stored-value system, Mondex cards were designed as an electronic replacement for cash - they always held a certain value, . See more
mondex wikipedia
A number of devices allowed operation of Mondex cards (transferring value, viewing card balance, locking/unlocking cards, et cetera), to be used . See more
In many countries the electronic purse was issued on a dual-application card, implementing two or more uses within a single card.In some instances, . See more Mondex is a brand of smart card technology, not a type of biochip. A transponder is a radio or radar transmitter/receiver activated for .
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 to Mastercard. Mondex is a brand of smart card technology, not a type of biochip. A transponder is a radio or radar transmitter/receiver activated for transmission by the reception of a predetermined signal.
Invented in 1990 by Tim Jones and Graham Higgins of Natwest, Mondex was an attempt to create an electronic cash card as an alternative to coins and banknotes.MasterCard International's decision to take full ownership and control of Mondex, the London-based developer of smart card payment technology, is aimed at making smart cards a part of MasterCard's overall service offerings, thereby inducing member banks to issue them. This paper presents a formal specification of Mondex, an electronic purse, using SAM. Mondex is the first pilot project for the 6th Grand Challenge to develop an integrated, automated toolset that developers can use to establish the correctness of software.Originally developed in the 1990s and now part of MasterCard Worldwide, Mondex is a chipped smart card, that works in a similar way to cash. It allows for safe and immediate transfer of cash, without a signature, PIN or transaction authorization.
Mondex [MonURL] is an electronic purse hosted on a smart card and developed about ten years ago to the high-assurance standard ITSEC Level E6 [ITS91] by a consortium led by NatWest, a UK high-street bank.Mondex is an electronic purse - a smart card used to store electronic cash. It was originated by a small research team at the NatWest, and has since been developed into a major international finance project.The main feature offered is that a Mondex smart card stores digital cash in various currencies and may be used to pay for goods at merchants equipped with a Mondex retailer terminal, which transfers the payment from the customer Mondex card to the merchant Mondex card.Mondex is a specific smart card which was developed by England’s National Westminster Bank in 1990. Its design was intended to serve as electronic cash or a virtual electronic wallet. Any amount of money can be transferred to the Mondex smart card.
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 to Mastercard. Mondex is a brand of smart card technology, not a type of biochip. A transponder is a radio or radar transmitter/receiver activated for transmission by the reception of a predetermined signal. Invented in 1990 by Tim Jones and Graham Higgins of Natwest, Mondex was an attempt to create an electronic cash card as an alternative to coins and banknotes.MasterCard International's decision to take full ownership and control of Mondex, the London-based developer of smart card payment technology, is aimed at making smart cards a part of MasterCard's overall service offerings, thereby inducing member banks to issue them.
This paper presents a formal specification of Mondex, an electronic purse, using SAM. Mondex is the first pilot project for the 6th Grand Challenge to develop an integrated, automated toolset that developers can use to establish the correctness of software.
Originally developed in the 1990s and now part of MasterCard Worldwide, Mondex is a chipped smart card, that works in a similar way to cash. It allows for safe and immediate transfer of cash, without a signature, PIN or transaction authorization.Mondex [MonURL] is an electronic purse hosted on a smart card and developed about ten years ago to the high-assurance standard ITSEC Level E6 [ITS91] by a consortium led by NatWest, a UK high-street bank.
Mondex is an electronic purse - a smart card used to store electronic cash. It was originated by a small research team at the NatWest, and has since been developed into a major international finance project.The main feature offered is that a Mondex smart card stores digital cash in various currencies and may be used to pay for goods at merchants equipped with a Mondex retailer terminal, which transfers the payment from the customer Mondex card to the merchant Mondex card.
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The No. 1 seed in each conference will receive a bye while the other six teams play wild-card games. They will be between the Nos. 2 and 7 seeds, the Nos. 3. and 6 seeds and the Nos. 4 and 5 seeds.
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