Mobile device and app security provider Trustonic announces that its Trusted Execution Environment (TEE) solution is the first hardware-backed TEE to complete the EMVCo Software-Based Mobile Payments security evaluation process. EMVCo is the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions. As such, this evaluation process confirms that the Trustonic TEE provides a robust security foundation that meets the requirements of software-based mobile payment (SBMP) and acceptance solutions.
“This technology is already protecting payment apps from small startups through to some of the largest OEMs and mobile payment providers in the world; all via a simple SDK,” comments Dan Rawlings, CCO, Trustonic.