Tag: isis

INSIDE Secure introduces VaultSecure platform

| October 29, 2012

VaultSecure aims to transform mobile commerce

INSIDE Secure, a  mobile security firm, has launched a new platform called VaultSecure that will help consumers manage multiple mobile wallet applications on their smart phone or tablet. The company believes that the VaultSecure platform will help transform the mobile commerce industry. INSIDE Secure suggests that this will be the first time that smart phone makers, network operators, and others in the telecommunications industry will be able to share a secure element on a single mobile device.

Days of clashing mobile commerce applications may be history

Before VaultSecure, smart phones were only capable of supporting a single mobile commerce application without trouble. Multiple applications on a single device would often cause problems due to the clashing security features they have in place. In some cases, multiple mobile commerce applications could actually make financial information more vulnerable, thus leading many mobile network operators to favor a particular platform over others. This has led to severe fragmentation within the mobile commerce market.

Platform allows various appliVaultSecure Mobile Securitycations to coexist on a single device

This fragmentation can be seen all over the world. In the U.S., Google, Isis, and the newly formed Merchant Customer Exchange, are all vying for the affection of consumers and businesses interested in mobile commerce. Through SecureVault, the applications coming from these groups can coexist on a single mobile device, each able to access a consumer’s financial information independently. The platform will also encrypt this information for each of the mobile commerce applications, adding an extra layer of protection against malicious attacks.

Competition may prove to fierce for VaultSecure to find traction

INSIDE Secure will be selling VaultSecure to makers of smart phones and tablets. These companies will then have to work with the various companies involved in mobile commerce to incorporate the platform. Given the highly competitive nature of the burgeoning mobile commerce industry, it may be difficult to convince companies that having their platform exist alongside that of their competitors as a sound business move.

Google Wallet wins support from MetroPCS

| October 24, 2012

 MetroPCS now supports Google Wallet

Google Wallet has finally won the support of MetroPCS, a mobile service provider in the U.S. The company is one of many service providers that offers the new Samsung Galaxy S III. Like others in its industry, however, MetroPCS did not support Google Wallet, meaning that consumers with the powerful new smart phone were unable to make use of Google’s mobile commerce platform. That has changed, now that Google has struck a deal with one of the few companies that still do not support its platform.

Google continues work to improve mobile commerce platform

Google is keen to get as much support for the Google Wallet as possible. The mobile commerce platform has been available for little more than a year now, but has not yet entered the mainstream. Google has been working to resolve many of the issues that plagued Google Wallet when it was first launched last year, going so far as to introduce a new cloud computing structure that provides more security for the platform.

More Galaxy S III users now get access to Google WalletMobile Commerce News on Google Wallet

Google Wallet has proven somewhat popular amongst consumers and fans of the technology company, but many have been unable to use the platform because of two big problems. The first is the fact that many network operators do not support Google Wallet, thus making the platform unavailable to consumers in these networks. The second, and perhaps most serious problem is the limited availability of NFC-enabled mobile devices. The Galaxy S III was expected to bring NFC technology to more consumers around the world and help expose them to mobile commerce. The smart phone accounts for only one NFC-enabled device, however, in a market that is thriving due to diversity.

Google to clash with Isis

The support of MetroPCS is considered a significant victory for Google’s mobile commerce plans. Google Wallet will soon clash with Isis, an as yet unreleased mobile commerce platform that has already garnered a great deal of support from financial institutes. Isis is backed by AT&T, Verizon Wireless, and T-Mobile, giving the platform immediate access to a wide range of consumers.