Paris-based INSIDE Secure says its award-winning mobile payments security solution is now functionally Visa Ready approved by Visa Inc., for use in Visa Inc. territories.
MatrixHCE, a software-based banking and payment solution, protects sensitive data on mobile devices while allowing banks to prominently market their brands. It permits mobile phones to be used as payment cards (credit, debit or prepaid) in the retail environment and supports key features such as transaction logging, receipts, biometric authentication and token processing.
The Company says MatrixHCE not only meets the latest HCE standard, but it also incorporates potential future requirements including updatable whitebox cryptography to protect tokens, code and data.
Additional features of MatrixHCE include:
• Interlocking security that protects the application and account data
• Tamper-proofing that ensures protection against malware attacks
• Dynamic White-box Cryptography (WBC) that enables full token processing by protecting all encryption keys
• Easy deployment across the Android eco-system
• Support for other leading payment networks
For data, background and forecasts on INSIDE Secure: 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).