Tieto & SBAB

Tieto announced its latest contract for the continued modernization and improved efficiency with new capacity and cloud solutions. The agreement, with SBAB processing, is valid for five years. In addition to offering cloud services, Tieto will provide IT operations. The Tieto services were ultimately enlisted to provide more cost efficiency while becoming faster and more agile. Additional benefits include increased customer communication and continuous streamlining of operations.

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MeaWallet MBC

MeaWallet launches Mobile Business Components (MBC) that handle the complexity of securing contactless integrated services and APIs. The contactless mobile payment service can be used at NFC-enabled POS-terminals in the stores and at the vending machines that support the existing global payment schemes for contactless payments. MeaWallet already supports other pairing methods like BLE, QR- and barcodes and Wifi. The contactless payment service is based on licenses for existing and emerging cloud based payment schemes. It uses Host Card Emulation (HCE) and tokenization to increase security, deliver flexibility and improve availability on most of the available smartphones. The new set of tools enables services on smartphones using Android 4.4 and newer operating system releases. MeaWallet is planning to support additional mobile platforms next year.

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