Mahindra Comviva has inked a strategic agreement with the Pole SCS for HCE (Host Card Emulation) solutions and development. Among the companies participating in the SCS cluster are Gemalto, ST Microelectronics, Inside Secure, Orange, Telecom Italia and a large number of innovative startups in these fields.
The two companies have established a collaborative framework to work on various initiatives for enabling trust technologies ecosystem including both remote (e.g Digital Identity) and proximity technologies (e.g. Near Field Communication). The framework will focus on products, solutions and services as well as the potential development and deployment of new initiatives based on such innovative trust and security solutions.
A key part of this collaboration will be a full assessment to new cloud-based trust technologies such as HCE Hybrid and Smart Tokenization. HCE Hybrid is the innovative way to improve the security of Hosted Card Emulation, adding hardware, network and contextual parameters. Smart tokenization is the innovative way to enable P2P (person-to-person) and P2M (person-to-machine) money and other titles transactions. It will also focus on innovation for mobile point of sale solutions for merchants using tokenization and cloud.
Pole SCS (Secured Communicating Solutions) of Provence Alpes Côte d’Azur region, France, is a worldwide recognized technology cluster dedicated to the development of contactless, mobile-wireless and secured proximity solutions.
For data, background and forecasts on HCE: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).