www.design-reuse-embedded.com
Find Top SoC Solutions
for AI, Automotive, IoT, Security, Audio & Video...

INSIDE Secure Introduces HCE Payment Security Updates at Mobile World Congress 2015

Proxama to license INSIDE's award winning Matrix HCE SDK to provide "off-the-shelf" solutions for banks who want to offer HCE cloud-based payments

Aix-en-Provence, France, Feb. 26, 2015 – 

INSIDE Secure (Euronext Paris: INSD), a leader in embedded security solutions for mobile and connected devices, today announced it will be revealing updates around its award winning products for Host Card Emulation (HCE) payments at Mobile World Congress 2015. As part of this announcement, Proxama will leverage INSIDE's technology to release a new product for banks that are looking for "off the shelf" solutions to offer HCE cloud-based payments for leading payment schemes. In addition, INSIDE will present some key updates to its robust HCE payment solution to help solve the problem of integrating multiple technologies, including cloud systems, mobile applications, mobile application security, credential management and certification.

INSIDE now boasts the industry's most secure - and easy to deploy - HCE payment solutions on the market, by utilizing a unique combination of technologies and is now being leveraged by innovative companies like Proxama to bring highly secure, ready to use HCE solutions to the market quickly.

"We are thrilled to be leveraging INSIDE Secure's proven technology and expertise around HCE payment to support Proxama's Digital Enablement Platform for HCE," said Mike Woods, Payments CEO of Proxama. The combination of INSIDE Secure's vast knowledge of payment and software security with Proxama's recognized competencies on platform management is a powerful combination for the HCE payment market."

Although Google adopted HCE in 2013, payment apps based on this model were immediately scrutinized as vulnerable to attack because software security and new payment innovations allow secure data to be stored in a software application. As a result of the acquisition of Metaforic, INSIDE Secure has brought together the necessary technologies and expertise to provide the first commercial security tools for application security and critical customer data protection.

When licensed by companies like Proxama, the solution gives issuers and banks greater flexibility in deployment by leveraging cloud and software technology to work with all potential players for secure mobile payments using Near Field Communication (NFC), QR code and other technologies.

Benefits of INSIDE Secure's comprehensive HCE payment solution include:

As an industry first, INSIDE's MatrixHCE product implements Dynamic White-box cryptography (WBC), a new advance on legacy techniques against attacks on white box environments. INSIDE's WBC technology clearly leapfrogs competition by automating Whitebox customization, and enables life-cycle & dynamic key management functionality.

"With a full range of embedded security solutions and unmatched expertise, INSIDE Secure is uniquely positioned to help card schemes, issuers and app developers secure their business models, whether using newer software-based secure element solutions," said Remy de Tonnac, CEO of INSIDE Secure. "It's satisfying to see real world deployments of highly secure HCE payments beginning to roll out, knowing this is just a starting point for the broader adoption of secure mobile payments."

Visit INSIDE at Mobile World Congress to learn and see how INSIDE Secure has taken the lead in HCE payment development and is fulfilling consumer demands for mobile payment options by bringing easy, secure payments to market throughout the world.

INSIDE Secure ( recently named 2014 European Frost & Sullivan Company of the Year) is the only market player simultaneously offering hardware-only-based solutions (based on secure microcontrollers), software-only-based solutions, and a combination of both hardware and software, in addition to a broad intellectual property solutions portfolio, thereby addressing a full range of security solutions.

About Mobile World Congress 2015

The mobile communications revolution is driving the world's major technology breakthroughs. From wearable devices to connected cars and homes, mobile technology is at the heart of worldwide innovation. As an industry, we are connecting billions of people to the transformative power of the Internet and mobilising every device we use in our daily lives.

In short, we're on The Edge of Innovation, and the possibilities are endless. The 2015 GSMA Mobile World Congress will convene industry leaders, visionaries and innovators to explore the trends that will shape mobile in the years ahead.

About Proxama

Proxama PLC (LSE: PROX) is an International mobile proximity commerce and payment solutions company.

Proxama provides end to end digital solutions to banks and card issuers to securely transition their card portfolio onto mobile for Near Field Communication (NFC) contactless payments as well as solutions for EMV enablement, Electronic PIN Delivery, tokenization and card issuance management.

Our award-winning mobile proximity marketing platform, TapPoint®, also help brands to connect physical and digital assets via mobile to increase consumer engagement, retail sales and loyalty across a network of high footfall locations. For more information, visit: http://www.proxama.com

About INSIDE Secure

Mobility, cloud computing, and increasing connections between systems, information and people are radically changing the way we live and work. The electronic connections we rely on have become critical, which means that securing these connections has become more challenging. Simple add-on security measures are no longer enough. Security measures must be built into every device, connection, and information flow from the start. They must be well integrated. And they must be convenient-not burdensome to deploy or use.

With decades of security innovation and expertise, INSIDE has become the leader in complete solutions for embedded security applications. Our hardware, firmware, middleware, software, and intellectual property work together, enabling customers to secure everything from mobile devices and transactions to payment, access, content protection and the Internet of Things. Our security expertise and innovation provide 360-degree coverage of customers security challenges, enabling us to bring the right level of security to the right challenge and add value to customers solutions.

INSIDE mobile security solutions help customers meet the challenges of mobile markets, such as providing secure Bring Your Own Device (BYOD) strategies and securing transactions across converging computing and cloud environments. INSIDE secure transaction solutions also protect payments, access, identity and assets. With INSIDE security systems on silicon, customers can embed the optimum level of security needed to deliver trusted products.

INSIDE Secure is a member of major industry standards organizations and global payment and mobility organizations. It has won numerous awards and recognition for innovation from around the world. INSIDE is publicly listed on the NYSE Euronext Paris with headquarters in Meyreuil, France and locations in 11 countries.

 Back

Partner with us

List your Products

Suppliers, list and add your products for free.

More about D&R Privacy Policy

© 2024 Design And Reuse

All Rights Reserved.

No portion of this site may be copied, retransmitted, reposted, duplicated or otherwise used without the express written permission of Design And Reuse.