Latest news with #MatthewFoxton
Time of India
18-06-2025
- Business
- Time of India
Inside Idemia's Noida nerve centre
Photo/TNN Typical global capability centres (GCCs) focus on delivering services to support global operations. Here's one with a difference. French identity and security solutions provider Idemia's India operations not only support services, but also manufactures payment and connectivity products including payment cards, subscriber identity module (SIM) cards for smartphones, and chips that go into security and payment devices globally. These are chips embedded on credit, debit and other payment cards, and even driving licences. The GCC supports internal operations such as HR and finance, it plays a crucial role in R&D, and delivers comprehensive support to global customers across banking, fintech, telecom, utilities, public services, security agencies, and more. Matthew Foxton, regional president at Idemia, says they established the GCC at Noida in 2004, when there were no similar centres focused on chip card development. 'We created an indigenous operating system for SIM cards, driving licenses and vehicle registration certificates. This has now matured and India is a global hub for us for services, R&D and manufacturing,' he says. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Memperdagangkan CFD Emas dengan salah satu spread terendah? IC Markets Mendaftar Undo There are around 5,000 employees in India, and the centre is the company's largest hub outside Europe. Around 1,500 of the employees are in three manufacturing units in Noida, located at the Noida Special Economic Zone (SEZ). Idemia also has a service centre in Mumbai. Within the Noida SEZ, three facilities churn out SIM cards, chips embedded in payment cards, biometric devices and handheld scanners that are used across global markets – by global telcos, airports, banks, fintech companies and even gover nment agencies. Customers include the likes of Westpac Banking Corporation, Amex, HSBC, Boeing, SK Telecom, Deutsche Telecom, and KT Corporation. Noida also has a unit that's into packaging chips directly from wafers. Quantum cryptography research The GCC is also a global research hub, driving innovation in post-quantum cryptography or PQC, facial recognition, eSIMs, and more. PQC is the development of cryptographic algorithms that are resistant to attacks by quantum computers. In 2024, Idemia entered into a collaboration with IIT Hyderabad to develop solutions to future-proof digital security against quantum-enabled cyber threats. 'Post-quantum cryptography is about developing encryption standards that can withstand quantum computing attacks. And India is at the centre of this effort,' says Foxton. The team here is also working to perfect AI-driven security solutions like face recognition algorithms. The effort is to recognise faces even if the person is wearing a mask. This ability to integrate both high-tech research and handson production has made Idemia India indispensable to the company's global ambitions. The India GCC, Foxton says, plays a strategic role in powering global innovation and product roadmap. 'Our India centre contributes across our entire product portfolio – from mobile SIMs and green payment cards (ecofriendly, made from recycled materials) to biometric access devices and border control systems,' he says. At least 10 innovators from the India team have been granted patents for their work in security and identity domains. Foxton says that as AI and quantum computing reshape digital security, the India team is expected to play a pivotal role in defining what's next in security. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hans India
06-06-2025
- Business
- Hans India
Accelerating Climate Action: How Indian Innovators Are Driving Sustainability on World Environment Day
Bengaluru: As the world comes together to mark World Environment Day, a wave of climate-conscious leadership is rising in India. Visionary entrepreneurs and businesses across sectors are stepping up—not just with promises, but with action. Whether it's backing climate-tech innovation, embedding sustainability in manufacturing, or revolutionizing urban mobility, leaders are reimagining how business can be a force for environmental good. Their message is clear: real progress toward a net-zero future demands collaboration, innovation, and purpose-driven investment. Vasudha Madhavan, Founder & CEO of Ostara Advisors, emphasizes the role of climate-tech in driving systemic change. 'On this World Environment Day, we reaffirm our commitment to driving sustainable change by supporting innovative climate-tech companies. Our mission is to connect visionary entrepreneurs with the capital they need to build a greener, cleaner future for India and beyond, helping accelerate the journey to net zero. Together, through collaboration and conscious investment, we can speed up the transition to a low-carbon economy and create lasting environmental impact. Let's use this day to inspire action and embrace sustainability in small day-to-day choices we make in our lives.' For IDEMIA Secure Transactions (IST), sustainability is embedded into product design and operational processes. Matthew Foxton, India Regional President and Executive Vice President of Branding & Communications at IDEMIA Group, shares, 'At IDEMIA Secure Transactions (IST), environmental sustainability is thought into everything we do. On World Environment Day, we reaffirm our commitment to reducing environmental impact across our operations, from eco-designed products to improved manufacturing and service processes. Initiatives like GREENPAY and GREENCONNECT reflect how IST incorporates environmental considerations into secure payment and connectivity solutions. We follow a clear path: reduce, reuse and recycle, while partnering with responsible suppliers and driving resource efficiency across our value chain. At IST India, this commitment comes alive through energy-efficient practices, waste reduction, and community-driven initiatives.' In the mobility space, Routematic is leading efforts to reduce emissions through smarter corporate transport. Sriram Kannan, Founder & CEO of Routematic, notes, 'This World Environment Day, as the global focus sharpens on curbing pollution, we're reminded that sustainability must be embedded in every layer of business operations, including how we move people. With ESG goals reshaping corporate strategies, businesses are rethinking employee transport and Routematic is proud to lead this shift. As India's leading AI-driven Corporate Transport-as-a-Service provider, we combine AI-powered route optimization, shared mobility, and EV integration to reduce emissions and resource use. Serving 300,000+ users across 23 cities, and targeting 30% EV fleet adoption, we're building a corporate mobility ecosystem that's smart, responsible, and truly sustainable.' Together, these voices signal a transformative shift in how Indian businesses are approaching sustainability—through bold leadership, collaborative action, and innovative solutions that serve both planet and people.
