Feeds

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

Two thirds of American bonk-banking goes Dutchy

Remote control for virtualized desktops

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. ®

Top 5 reasons to deploy VMware with Tegile

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.