|COOKIES: By using this website you agree that we can place Google Analytics Cookies on your device for performance monitoring.|
The Anti-Bank: the privatized delivery of social grants using biometric encrypted smart-cards in southern Africa
If you have a question about this talk, please contact Andrew Lewis.
The South African company Net1 / Aplitec has filled the space left by the collapse of the HANIS smart card. Currently some 13 million people receive monthly grants using biometrically authenticated smart-cards. Aplitec have also built up a system of point-of-sale, microlending and insurance products that deliberately challenge the EMV system. The Aplitec encryption system uses a biometric key to encrypt card data—it is strictly proprietary, and deliberately incompatible with the banking infrastructure. (Serge Belamont, the spirit behind Aplitec, designed the SASWITCH interbank switch in the early 1980s). The company is listed on the NASDAQ , with a current market capitalization of about R10 billion. All of its revenues are taken from the welfare system.
This talk is part of the Computer Laboratory Security Seminar series.
This talk is included in these lists:
Note that ex-directory lists are not shown.
Other listsCUSAS Forum Speaker Series Early Modern Economic and Social History Seminars Graduate Programme in Cognitive and Brain Sciences
Other talksSoqotra - Island of Dragons Day 2: Cambridge - Corporate Finance Theory Symposium 19-20 September 2014 Inferno XXIV, Purgatorio XXIV, Paradiso XXIV Illuminating the microanatomical positioning and function of dendritic cells in vivo Oncogenes and tumour suppressors (signalling and pathways) Bedford & Milton Keynes Waterway