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TheStreet Open House

INSIDE Secure NFC Solution Awarded New EMV Certification For Payment And High Security

Stocks in this article: INSD

INSIDE Secure, a leader in semiconductor solutions for secure transactions and digital identity, today announced that its SecuRead® NFC platform is the first product in the industry to pass the new EMVCo Platform Security Evaluation Process and receive certification. This certification provides assurance to mobile device manufacturers, mobile network operators and software developers that the SecuRead secure element and operating system have undergone and passed extensive security testing and will provide a robust security platform that is ready to accept major payment brands and other secure NFC applications. EMV is a global standard for credit and debit cards, and more than 1.3 billion EMV-compliant cards are in use today.

“We had encouraged EMVCo to establish this new Platform Security Evaluation Process as a way to streamline the certification process and are pleased to be awarded the first certification of this kind,” said Bernard Vian, executive vice president of NFC and payment solutions at INSIDE Secure. “We are also thankful to our technology partners, Infineon Technologies and Giesecke & Devrient, for their help in providing the embedded secure element and secure operating system used in the SecuRead module, and enabling us to deliver greater value by providing an NFC security platform with the highest level of trust.”

SecuRead integrates a highly secure SLE 97-family embedded Secure Element from Infineon powered by a GlobalPlatform-compliant Java Card™ operating system from Giesecke & Devrient with the award-winning INSIDE MicroRead NFC controller, and is complemented with the Open NFC™ protocol stack. This complete, single-package NFC solution makes it easier for manufacturers of NFC mobile phones, tablets and other devices to integrate all of the contactless, security and application functions required for a broad range of payment, identity, transport and access control applications, including virtual credit and debit cards, national or employee identity cards, healthcare program cards, boarding system and registered traveler programs, among others.

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