Gemalto’s mobile financial services runs on TI’s OMAP execution environment, which includes Trusted Logic’s Trusted Foundations software. The environment provides protection for financial based applications stored and used on smartphones built with the TI OMAP processor equipped with M-Shield security technology.
Moreover, applications can be secured with two-factor authentication verifying the user and the phone which requires the user to enter a personal identification number (PIN) prior to gaining access to financial services applications.
Fred Cohen, director of wireless OMAP ecosystem at TI, said: “TI’s OMAP platform and Trusted Logic’s Trusted Foundation software together provide a strong balance of security and functionality for manufacturers and operators to increase security, instill confidence in their offerings and protect customers’ assets. This allows end users to experience rich mobile user interfaces in the secure application environment provided by our combined offering.”
Philippe Vallee, executive vice president of telecommunications business unit at Gemalto, said: “This partnership with an industry leader like TI to place secure software within an OMAP platform provides the end customer of our combined offering the ability to enjoy the convenience of banking from their mobile device while resting assured that the application they are using is secure.”
Dominique Bolignano, president of Trusted Logic, said: “This combined effort enables to now demonstrate a complete and immediately operational solution for m-banking, with a strong level of integration and end-to-end security.”
