Tag: mobile commerce security

Secure Element Manager has been approved by Visa for the BlackBerry 10

Leading technology company, and creator of the BlackBerry platform, Research In Motion has received approval from Visa for its NFC-based mobile commerce platform, known as Secure Element Manager. The platform is designed to be used with the company’s next generation BlackBerry 10 device. Thus, owners of the BlackBerry 10 will be able to make mobile payments for products thanks to the device’s support of NFC technology and the approval for the system granted by Visa.

Platform may help with security concerns

Visa has shown a great deal of interest in mobile commerce in recent months. The company has become one of the major players in this emerging industry through its various partnerships and the services it provides mobile consumers. The Secure Element Manager helps address one of Visa’s most significant concerns when it comes to mobile commerce: Security. As such, the platform has won the support of Visa, which will allow its customers with BlackBerry 10 devices to use their accounts to make mobile payments.

Security continues to be a problem for mobile commerce

Security has long been an issue that has made mobile commerce somewhat unpopular. NFC technology itself does not boast of any latent security features. As such, many believe that the technology can be easily exploited. If NFC technology is exploited, a consumer’s financial information may be at risk of theft, creating a serious problem for those involved in mobile commerce. Until recently, there have been few efforts to bolster the security of mobile commerce.

Secure Element Manage meets Visa expectations

The Secure Element Manager not only helps keep the financial information of consumers safe, it also acts as a management platform for various mobile commerce systems. The platform meets the strict requirements that Visa has adopted concerning mobile commerce systems, making it one of the few systems that Visa is willing to support. Moreover, it is the only mobile commerce platform for the BlackBerry that has the full support of Research In Motion.

Tyfone to bring mobile security solutions to US government

Tyfone, developer of mobile software and NFC technology, has entered into an agreement with In-Q-Tel (IQT), a non-profit group that promotes innovative technologies for the U.S. government. Together, the two companies plan to promote mobile security and NFC technology solutions for use by the federal government. IQT notes that Tyfone boasts of an impressive portfolio of these solutions, as well as a long history of leveraging these solutions to the benefit of its customers in numerous industries.

Mobile security continues to grow in importance

Mobile security is becoming an increasingly important issue, especially for the federal government. Government officials, especially those working in agencies such as the Federal Bureau of Investigation, rely heavily on mobile devices such as smart phones in daily operations. Important information is often trafficked through these mobile devices, which make them a prime target for hackers and parties interested in stealing such information. IQT believes that the mobile security solutions developed by Tyfone have the capability to address the long standing security problems that exist in the mobile space.

NFC platform could secure financial transactions

Beyond the federal government, Tyfone offers a mobile commerce platform that makes use of NFC technology. This technology is capable of turning a mobile device into a digital wallet or payment platform, allowing consumers to purchase products with nothing but their smart phone. Tyfone notes that its NFC platform has been used to process more than 7 million secure financial transactions. IQT believes that the platform could be of some use to the federal government, as Tyfone’s cloud computing network, which operates the NFC platform, could help secure transactions made by federal officials.

IQT promotes the use of Tyfone solutions

The Tyfone network is capable of securing a wide variety of mobile channels. IQT believes that incorporating the company’s platform could help secure highly sensitive information, financial data, and government networks. Tyfone’s solutions may help boost mobile security in the U.S. government, if federal agencies and government officials are keen to adopt and make use of the platform extensively.