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Intel, ARM Developing Payment Platforms for Mobile Transactions

Intel, ARM Developing Payment Platforms for Mobile Transactions - top government contractors - best government contracting event
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IntelLogoSemiconductor manufacturers Intel Corp. and ARM Holdings have begun building mobile transaction platforms to boost their presence in the mobile device market, according to a DigiTimes article.

Intel is leveraging a partnership forged with Visa in 2012 to enable Intel-based smartphones to support mobile payments and ARM is developing a trusted execution environment (TEE) security standard for mobile devices, Monica Chen and Joseph Chai write.

Intel-based mobile devices will get Visa’s mobile service support only after a Visa PayWave certification and ARM has established the Trustonic venture with security software designers Gemalto and Giesecke & Devrient.

ARM integrated its Trustzone security technology with Giesecke & Devrient‘s smart card technologies and Gemalto‘s near field communication technologies to create TEE, which allows mobile devices to conduct online transactions.

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Written by David J. Barton

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