MatrixHCE Virtual Card Application is enabling mobile payment solution providers overcome deployment challenges by Main Payment Systems Suppliers
CARTES SECURE CONNEXIONS 2014, Paris, France, November 4, 2014 - INSIDE Secure (Euronext Paris: INSD), a leader in embedded security solutions for mobile and connected devices, announced the company has won the prestigious SESAMES award for its MatrixHCE product in the category of Mobile Communications. INSIDE’s MatrixHCEproduct is a great example of how the company is helping mobile payment solution providers overcome deployment challenges and take advantage of new opportunities in emerging payment markets. MatrixHCE adds very strong security capabilities to software HCE payments so banks and application providers can deploy products with the highest level of protection for their customers.
As part of the CARTES SECURE CONNEXIONS exhibition since 1995, the SESAMES Awards have highlighted the best 11 technological innovations in the smartcard, digital security, identification, secure and contactless transactions sectors. The award was announced yesterday on the eve of the opening exhibition day of the Cartes, an event that draws 20,000+ attendees from the Financial, Retail, Government, Identity and Access, Telecommunications and Transportation sectors, coming from 140 countries, to explore how our digital society is evolving.
“It is a great honor to win a SESAMES award for our innovative MatrixHCE product,” said INSIDE Secure CEO,Remy de Tonnac. “INSIDE Secure is uniquely positioned to provide security solutions for enterprise secure access, digital entertainment and financial services markets, the three key market drivers for mobile security in anycombination of hardware and/or software and/or IP blocks form.”
SESAMES award winner MatrixHCE is built upon the trusted foundation of Inside’s MatrixSSE, INSIDE’s software secure element, a tamper proof, secure processing container and data storage that protects payment tokens stored and processed on devices. MatrixHCE adds HCE payment specific security mechanisms and cryptogram generation, providing device token management and complete device transaction capabilities. With this level of functionality and security, banks and financial applications providers who plan to deploy secure mobile apps can insure the highest level of protection and innovation for HCE payment transactions.
INSIDE Secure is demonstrating MatrixHCE at Booth 3E130 at CARTES SECURE CONNEXIONS from November 2 to 4, 2014. In addition, Douglas Kinloch, INSIDE Secure’s VP of Business Development, will be a featured speaker at the CARTES conference and will be discussing some of the hottest trends around HCE payment solutions and how companies can solve related deployment challenges.
Date:Thursday, November 6 - 09:40-10:10am
Title: Why Customers are Adopting Software Secure Element?
Description:This presentation will discuss the rise of the Software Secure Element, and the business opportunities offered by this proven Software Security
To discuss MatrixHCE or MatrixSSE, please send your request to HCE@insidesecure.com. To learn more about INSIDE Secure’s industry leading products, including Matrix SSE, please visit http://www.insidesecure.com/
About Host Card Emulation
Introduced on Android 4.4 and being supported by major payment brands, HCE technology allows for contactless payments (and other services) to be made directly between consumers’ banks mobile applications and retailers’ point-of-sale terminals using NFC technology. It allows sensitive data used to facilitate transactions to be securely stored on, and accessed from, cloud servers rather than a mobile device and without the use or a secure element or a SIM card.
About INSIDE Secure
INSIDE Secure (NYSE Euronext Paris FR0010291245 – INSD) providescomprehensive embeddedsecurity solutions. World-leading companies rely on INSIDE Secure’s mobile security and secure transaction offerings to protect critical assets including connected devices, content, services, identity and transactions. Unmatched security expertise combined witha comprehensive range of IP, semiconductors, software and associated services gives INSIDE Secure customers a single source for advanced solutions and superior investment protection.
For more information, visit http://www.insidesecure.com.
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