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Technology / Networks

Thales releases new application for mobile payment issuers

Information systems and communications security provider Thales has released a new card and phone personalization software for Hardware Security Modules (HSMs) which allows mobile payment issuers to deliver applications to mobile handsets over-the-air (OTA).

The new offering is based on the industry standard specifications for secure messaging developed and published by GlobalPlatform.

Thales HSMs now provide for the first time the ability to create a secure message to personalize a payment application hosted in a GlobalPlatform Secure Element, resident in a mobile phone using a single dedicated cryptographic HSM call.

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GlobalPlatform executive director Kevin Gillick said Thales’s implementation of the company’s Specifications greatly simplifies the process required by mobile issuers to securely load mobile payment applications onto mobile devices.

Aconite Sales and Marketing EVP Patrick Regester said using the specific card issuing and personalization cryptographic functions provided by Thales HSMs they will be able to respond rapidly to customers’ needs with secure and efficient applications.

Thales Information Technology Security Activities VP in charge Franck Greverie said their new dedicated cryptographic functions for mobile payment issuers have come at exactly the right time, enabling card personalisation providers, including Trusted Service Managers (TSMs), to simplify the secure implementation of payment applications and take advantage of the huge growth in mobile-based payments that is being widely predicted.

Thales Mobile payments application issuing functions are available on its latest generation of HSMs, payShield 9000.

This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.