Ericsson partners with Aconite to deliver a banking app to NFC handsets

Delivering a secure banking app to NFC handsets

Ericsson is partnering with software and consulting services provider Aconite, with the aim of delivering a secure banking app to NFC handsets with banks wishing to issue contactless mobile payments applications as their primary market (view press release). Other markets include organizations issuing access, ID, loyalty, ticketing and proximity marketing applications.
Together, Ericsson and Aconite will offer application issuers a turnkey solution for distributing mobile-based products to their customers. They aim to offer a route with much lower risk and capital-investment than an in-house solution. It is based on the integration of the Aconite Mobile Application Manager with the Ericsson Trusted Service Manager (TSM) service, through GlobalPlatform standard interfaces. This collaborative solution enables an issuer to create a security domain within the secure element in the NFC handset and to load, personalize, update or delete applets on that domain. The Ericsson-Aconite collaboration also aims to enable issuers to transfer data between their security domains within secure elements and Aconite Mobile Application Manager, in order to manage payment transactions, EMV scripts, prepaid top-ups and other transactions.

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