Siemens Semiconductor Group said an advanced chip it makes has passed an important security test of the German Central Credit Control Committee of Banks, the payment association known as ZKA.

ZKA, which operates the Geldkarte smart card program, one of the largest in the world, said the Siemens 16-bit cryptocontroller, the SLE66CX160S, is the first to fully comply with its new security requirements. It can handle advanced cryptographic calculations, both the RSA and elliptic curve cryptography methods.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.