Gemalto has added new options to its Allynis Trusted Services Hub which enables tokenization based payment services.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
To enable more choice and simplicity for available security models, the hub service will now offer management of credentials on Secure Elements, Trusted Execution Environment (TEE) and HCE-enabled handsets, or a combination.
Gemalto senior vice president of mobile financial services Jean-Claude Deturche said: "We envision that mobile payment technology will come in many flavours and deployments will vary from country to country with combinations of embedded secure elements, multitenant SIM and HCE.
"By converting sensitive card credentials into limited-use digital data, tokenization simplifies mobile services on-boarding process, addresses the real-time provisioning needs that banks have been asking for, and offers more choices towards delivering a better mobile payment experience.
"Drawing on our in-depth mobile security experience, we designed a future-proof and versatile solution to maximize the reach and performance of our Trusted Services Hub on all available devices. Our role is to advise and support our customers through their choice, implementation roadmaps and risk management needs."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
