Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  SAFRAN    SAF   FR0000073272


News SummaryMost relevantAll newsSector newsTweets 

SAFRAN : MorphoTrust Launches Nation’s First Mobile Driver License Pilot

share with twitter share with LinkedIn share with facebook
share via e-mail
09/10/2015 | 02:55pm CET

Iowa Department of Transportation (DOT) employees are the first in the nation to use the MorphoTrust mobile driver license (mDL) software as part of a new pilot announced today by MorphoTrust USA (Safran). MorphoTrust, the identity solutions provider to more than 70% of U.S. motor vehicle agencies (MVAs), including Iowa, has delivered a test version of the secure mDL software to an appointed Iowa DOT user group who will assess and validate the solution for use in situations where physical licenses are typically presented. The pilot will also test record updates to the Iowa DOT's customer record system with the changes rendered on the phone in real-time. Information such as change of address, over/under 21-years-old status, organ donor status and change in driving status, endorsements, or restrictions, can be updated to the mDL immediately.

The MorphoTrust mDL software carries the same level of trust as its physical counterpart, the driver license/ID card. The mDL software includes both visible and covert security features that are linked and layered in the digital image seen on screen. These features not only ensure a high level of security, they also enable the mDL to be quickly and reliably authenticated when presented for identification purposes and protect against fraudulent reproduction. In addition to PIN and fingerprint-based security features already built into phones used in the pilot, the mDL app can be secured using MorphoTrust facial recognition unlock technologies which requires the user to take a selfie and a custom PIN.

"Iowa is first to take advantage of MorphoTrust's commercial mDL software - an innovation being used to develop the nation's first secure mobile driver license," said Bob Eckel, CEO of MorphoTrust. "And, just as the physical driver license is more than a picture on a card, so the mobile driver license must contain the same level of security and authentication ability for it to be useful and trusted."

"We were very encouraged by the interest generated by our first public announcement of Iowa's Mobile Identity Application," said Paul Trombino, director of the Iowa Department of Transportation. "Although we're not yet ready to release the mDL for customer use, the lessons learned in this pilot will demonstrate the use case for our mDL Application to be offered in the future as an option to all citizens across the state, and may help guide other states who want to launch similar digital identity programs. I firmly believe this is an important first step in creating a one person, one identity, one credential opportunity for our customers."

Speakers from Iowa DOT will present on the pilot at the 2015 AAMVA International Conference in Des Moines, August 25-27, 2015.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SAFRAN
02/22 SAFRAN : enhances its jet engine nacelle support capabilities with a new Center ..
02/22 SAFRAN : Epsilon One navigation systems chosen by a Middle-East country for comb..
02/22 SMITHS : to Divest Explosive Trace Detection Business of Morpho Detection
02/22 Airbus COO says Zodiac must not get distracted by Safran merger
02/21SAFRAN SA : annual earnings release
02/20 Paris CAC 40 index gains 0.59 pct on Wednesday
02/16 TESSERA : FotoNation and Safran Identity & Security Partnering to Deliver Advanc..
02/16 SAFRAN : Hedge fund TCI says has support in battle against Safran-Zodiac deal
02/16 SAFRAN : CFM International a engrangé 2.677 commandes en 2016
02/15 SAFRAN : Presolicitation Notice - Safran TR40 Turbine Engines
More news
Sector news : Aircraft Parts Manufacturing
02/22DJAIRBUS : Profit Hit by Charge on Troubled Military Plane Program -- 3rd Update
02/22 AIRBUS : Germany says important Airbus resolves problems with A400M
02/22DJAIRBUS : Appeal for A400 Million Talks Gets Muted Response -- Market Talk
02/22DJBAE : Appoints Charles Woodburn as New CEO -- Update
02/22DJAIRBUS : Correction to Airbus Profit Story
More sector news : Aircraft Parts Manufacturing
News from SeekingAlpha
02/08 Tracking Tweedy Browne Portfolio - Q4 2016 Update
01/23 Zodiac Will Head Even Higher
01/19 Safran (SAFRY) Acquires Zodiac Aerospace (ZODFF)
01/19 Safran's Purchase Of Zodiac Leaves Money On The Table For M&A Arbitrageurs
01/19 WALL STREET BREAKFAST : First ECB Meeting Of The Year
Financials (€)
Sales 2016 17 038 M
EBIT 2016 2 410 M
Net income 2016 1 864 M
Debt 2016 1 094 M
Yield 2016 2,36%
P/E ratio 2016 15,23
P/E ratio 2017 16,62
EV / Sales 2016 1,66x
EV / Sales 2017 1,52x
Capitalization 27 178 M
More Financials
Duration : Period :
SAFRAN Technical Analysis Chart | SAF | FR0000073272 | 4-Traders
Full-screen chart
Technical analysis trends SAFRAN
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 21
Average target price 67,5 €
Spread / Average Target 3,5%
Consensus details
EPS Revisions
More Estimates Revisions
Philippe Petitcolin Chief Executive Officer & Director
Bernard-Pierre Jacques Delpit Chief Financial Officer
Jean-Marc Forneri Independent Director
Patrick Gandil Director
Xavier Lagarde Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SAFRAN-5.39%28 607
More Results