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LUXEMBOURG - Saturday, November 12th 2016 [ME NewsWire]

(BUSINESS WIRE)-- The Luxembourg Government has just adopted a draft law ensuring that private operators working in space can be confident about their rights to the resources they extract in outer space. The legal and regulatory framework is a key action of an overall strategy to be implemented progressively within the SpaceResources.lu initiative for the exploration and commercial use of resources from Near Earth Objects (NEOs), such as asteroids.

Article 1 of the draft law provides that space resources are capable of being appropriated in accordance with international law. Luxembourg is thus the first European country to provide legal certainty as to the ownership of minerals, water and other space resources identified in particular on asteroids. The law is based on the findings of a study on legal and regulatory aspects for the utilization of space resources conducted by the University of Luxembourg under the ... Read more »

COLOMBES, France - Tuesday, November 8th 2016 [ME NewsWire]

(BUSINESS WIRE)-- OT (Oberthur Technologies), a leading global provider of embedded security software products, services and solutions, today announces that it has received certification from the Cartes Bancaires group (CB), a French Economic Interest Group (EIG) bringing together nearly 120 payment services establishments, for its dynamic security code payment card MOTION CODETM, a world first.

Functional and security tests applied to OT MOTION CODETM were deemed fully compliant with the requirements of CB group, thereby allowing it to receive CB certification.

As a world exclusive, in May 2015, OT had announced OT MOTION CODETM, the new standard in dynamic security code payment cards. This 3-digit code displayed on the back of the card near the signature panel is used to validate online payments. It now changes every hour automatically and randomly thanks to cutting edge technology making it possib ... Read more »