Feeds

ISIS signs Gemalto, aims to scoff Google Wallet's lunch

Two thirds of American bonk-banking goes Dutchy

Boost IT visibility and business value

The ISIS Consortium has awarded the contract for running its NFC platform to Dutch specialist Gemalto, claiming that two thirds of proximity transactions will end up being routed through the company's service.

ISIS can make that claim as it counts AT&T, T-Mobile USA and Verizon as its members, and will be managing the deployment of secure applications using Near Field Communications, including proximity payment systems from the likes of Visa and MasterCard. That puts ISIS in competition with Google Wallet, and while ISIS may come late to the table it still plans on eating the biggest portion.

Near Field Communications is a short-range radio technology being built into high-end smartphones, amongst other things, and once it's linked to a secure element then it can be used to make payments with a tap of the phone. The location of that secure element is still open to debate - Google Wallet embeds it in the telephone, while ISIS would (unsurprisingly) prefer to see it embedded in the (operator-owned) SIM.

Gemalto makes SIMs capable of supporting an NFC secure element, but that's not part of this deal. This announcement is that the company will be providing management software, capable of securely communicating with applications (including payment applications) running within a secure element of any kind, and relaying that communications to a payment provider or similar.

So MasterCard might, for example, create an ISIS-compatible version of it's PayPass (proximity payment) application. MasterCard won't distribute that application, it will be the banks which offer it to their customers (just as credit cards are offered today). That application will be distributed to ISIS-compatible wallets, from when all communications will (for as long as this contract lasts) fall to Gemalto's Allynis Trusted Service Manager software.

No one is saying how much the deal is worth to Gemalto, or how long ISIS has committed to using the company's software, but Gemalto did tell us it's investing considerable resources into the USA to support the expected avalanche of users and that the contract is long enough for it to recoup that investment. ISIS expects the first users to come on line next year, but mass deployment will follow as the technology gets more support from handsets, and the general public.

But it is a big win for Gemalto: ISIS will probably be the world's biggest Trusted Service Manager for some time to come, so Gemalto is now in a very strong position to mop up a decent proportion of other NFC platforms as they launch around the world. ®

Build a business case: developing custom apps

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.