CS

European Firms Form JV to Develop Trusted Environment for Mobile Devices 

April 10, 2012

British chipmaker ARM, Dutch smart card manufacturer Gemalto and German security firm Giesecke & Devrient recently created a joint venture that will develop “a secure, accessible environment for advanced services,” including payments, on smartphones, tablets, smart-TVs and game consoles. The JV will allow third-party application providers to develop trusted apps that will be able to tap into ARM’s TrustZone architecture and the MobiCore trusted environment developed by G&D, to secure data as it moves from mobile device to mobile device.

“The integration of the hardware, software and services necessary for system-wide security has been slow,” said Warren East, CEO of ARM. “I am confident that this new joint venture will accelerate the adoption of a common security standard, enabling a vibrant ecosystem of secure service providers to emerge.”

The companies note that ARM will own 40 percent of the joint venture, with Gemalto and Giesecke & Devrient each owning 30 percent.




      Adyen


  • 3 Million Cards Affected in Michael’s Breach - April 21, 2014
    More details of the security breach at arts-and-crafts retailer Michael’s, first reported by Brian Krebs at KrebsonSecurity.com, emerged before the weekend when the company disclosed the payment information of 3 million customers was compromised in the attack.
  • Payvision Expands into Canada - April 14, 2014
    Payvision Expands into CanadaDutch PSP Payvision is enabling cross-border e-commerce for its clients in a growing number of countries. The most recent region into which the Amsterdam-based company has expanded its operations is Canada.
  • Heartbleed Fallout Continues - April 14, 2014
    Heartbleed Fallout ContinuesSince last week, e-commerce, payments and security companies have been reacting to the news of the security vulnerability—dubbed the Heartbleed Bug—uncovered in the OpenSSL encryption standard.
  • Forte Unveils Online Payment Platform - April 10, 2014
    Forte Unveils Online Payment Platform Forte Payment Systems, a provider of online and mobile payment technology, yesterday unveiled an online payment platform that enables e-commerce merchants to accept eCheck payments in addition to traditional card payments.
  • APC Adds minFraud to Product Hub - April 3, 2014
    APC Adds minFraud to Product HubAlpha Payments Cloud this week added minFraud from MaxMind to its APC Product Hub. minFraud is an antifraud software product that offers fraud risk scoring based on IP address, email and device reputation.
  • Colo. ISO Files for IPO - March 31, 2014
    Colo. ISO Files for IPOOn Friday, Mercury Payment Systems announced it has filed registration papers with the Securities and Exchange Commission proposing an initial public offering that could net the company $100 million.
  • Klarna Closes on SOFORT Deal - March 13, 2014
    Klarna Closes on SOFORT DealSwedish online payment provider Klarna said its acquisition of German competitor SOFORT, which was first announced in December, has cleared all regulatory hurdles and is now complete.
  • Congressional Hearings on Breaches Continue - March 10, 2014
    Congressional Hearings on Breaches ContinueCongressional hearings in the wake of the massive security breaches uncovered last December (and the ones still emerging) continued on Thursday as the House Subcommittees on Oversight and Research and Technology had their say on the matter.
  • Sears: No Indication of Breach - Mar. 3, 2014
    Sears: No Indication of BreachChicago-based Sears issued a statement on Friday that said while an internal investigation of its security systems is in progress, “we have found no information based on our review of our systems to date indicating a breach.”


      BlueSnap

 


    CNP Expo

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

* Category:

Company:

 
Captcha
Answer:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here