Lars Sandtorv news https://www.nfcw.com/technology/lars-sandtorv/ At the heart of the contactless ecosystem since 2008 Fri, 04 Nov 2022 10:26:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://www.nfcw.com/wp-content/uploads/2020/02/cropped-nfcw-favicon-white-32x32.png Lars Sandtorv news https://www.nfcw.com/technology/lars-sandtorv/ 32 32 37289602 The Bancorp to offer HCE prepaid cards to European issuers https://www.nfcw.com/2015/06/10/335912/the-bancorp-to-offer-hce-prepaid-cards-to-european-issuers/ Wed, 10 Jun 2015 14:21:29 +0000 http://www.nfcw.com/?p=35912 Financial products and services provider The Bancorp will offer open loop mobile prepaid cards that make use of host card emulation (HCE) to its European issuers in the fourth quarter of this year, through a partnership with mobile payment provider MeaWallet. “The partnership provides existing and new customers of The Bancorp the ability to add […]

The Bancorp to offer HCE prepaid cards to European issuers was written by Rian Boden and published by NFCW.

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Financial products and services provider The Bancorp will offer open loop mobile prepaid cards that make use of host card emulation (HCE) to its European issuers in the fourth quarter of this year, through a partnership with mobile payment provider MeaWallet.

The Bancorp“The partnership provides existing and new customers of The Bancorp the ability to add branded mobile wallets and cloud-based digital mobile prepaid cards to their portfolio of card products,” MeaWallet explains.

“The digital mobile payment cards use cloud-based security and HCE technology. The end users just tap their smartphone at the merchant NFC-enabled POS terminal to complete the payment. The service will work at all merchants that accept MasterCard PayPass and Visa payWave transactions.”

“In the future, the solution may be expanded into the use of tokenization and using the smartphone for other digital mobile payment instruments like vouchers and gift cards,” the company adds.

“This partnership means that our customers will have a faster route to mobile payments, using new innovative products such as customer-branded digital mobile prepaid cards and mobile wallets,” says Kriya Patel, managing director at The Bancorp.

“We look forward to enabling new and interesting mobile payment projects together with our customers in Europe.”

“As the growing prepaid market now goes mobile, this partnership is strategically important for MeaWallet, enabling us to offer our solutions to new customer segments,” adds Lars Sandtorv, MeaWallet CEO.

MeaWallet offers a white-label solution that supports mobile payments via NFC, Bluetooth Low Energy (BLE), HCE, QR and more to enable retailers, banks, MNOs and service providers to offer a wide range of options for making in-store mobile payments.

The Bancorp to offer HCE prepaid cards to European issuers was written by Rian Boden and published by NFCW.

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NXP tool helps developers access secure elements https://www.nfcw.com/2015/03/02/334414/nxp-tool-helps-developers-access-secure-elements/ Mon, 02 Mar 2015 13:41:52 +0000 http://www.nfcw.com/?p=34414 PARTNER NEWS: Chip maker NXP has produced a new tool to help developers quickly build apps that utilise the embedded secure element in the company’s PN66T NFC module. The Secure Service Development Platform (SSDP) allows devs to test and validate their secure applications on a commercial phone, and can be used to create applications ranging […]

NXP tool helps developers access secure elements was written by Mike Clark and published by NFCW.

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PARTNER NEWS: Chip maker NXP has produced a new tool to help developers quickly build apps that utilise the embedded secure element in the company’s PN66T NFC module.

NXP

The Secure Service Development Platform (SSDP) allows devs to test and validate their secure applications on a commercial phone, and can be used to create applications ranging through secure banking, transit, access control, authentication, automotive and more, says the company.

“The SSDP supports partners wanting to create new secure applications by removing the technical challenges they face in getting credentials on to the secure element in phones and wearable devices,” says NXP’s Jeff Miles. “Now, instead of taking months, new applications can be created and validated in a matter of weeks.”

The full press release is below:

NXP Launches New Secure Service Development Platform for Secure Mobile Transactions

Platform Facilitates the Rapid Introduction of Secure NFC Applications

Eindhoven, Netherlands, March 02, 2015 — NXP Semiconductors N.V. (NASDAQ:NXPI) today announced the availability of its Secure Service Development Platform (SSDP) developed to facilitate the rapid introduction of applications that utilize NXP’s NFC and embedded Secure Element (eSE) module, PN66T. The SSDP provides a turnkey approach for the loader service on the PN66T enabling a faster time-to-market for secure mobile applications. Secure NFC applications can now be realized quickly and easily, reducing design effort and resources while maintaining quality levels expected in a commercially available mobile or wearable device.

The SSDP is a set of hardware tools and software blocks that enable application developers to quickly start building apps that leverage the eSE in the PN66T. With the platform developers are able to test and validate their secure applications on a commercial phone. As well as providing real-world phone solutions, the development platform also contains example industry use-cases from companies such as Hyatt, 7Eleven and TransportKiosk. The SSDP can be used to create many different applications ranging from secure banking, transit, access control, authentication, automotive, and much more.

“The SSDP supports partners wanting to create new secure applications by removing the technical challenges they face in getting credentials on to the secure element in phones and wearable devices. Now, instead of taking months, new applications can be created and validated in a matter of weeks,” said Jeff Miles, VP Business Development, NXP Semiconductors. “The SSDP will streamline the process for the development community therefore enabling phone and wearable technology manufacturers to bring these new apps to market faster.”

Customer Quotes

“NXP’s SSDP makes the rock-solid trust of secure elements much easier for Sequent’s Trusted Services products to manage and leverage in security-sensitive applications like payments, transit, access control, and identity. The SSDP complements Sequent’s Open Wallet Platform, Digital Issuance, and Trust Authority products in dramatically reducing the complexity, time-to-market, and cost of enabling trusted services on connected, mobile devices,” said Hans Reisgies, SVP of Market Development of Sequent.

As a leading operator of Secure Mobile Wallet Platforms, TORO unifies through the wallet access to all available security options to offer an mCommerce technical and business one-stop-shop for Banks, Retailers, Transit, ticketing, etc. “NXP’s SSDP offers an access to the high level of security that some service providers need, and at the same time a much simplified user enrolment to new services. As the key focus of our platform is user adoption, we welcome this initiative as it supports our objective to reach all end-users and it improves the on-boarding of service providers to generate a much stronger user adoption,” said Laurent Renard, CEO of TORO.

“MeaWallet is a leader in cloud based mobile solutions and has quickly developed a deep competence and understanding of the Secure Element through our work with the SSDP. Being able to validate our solutions on the development platform means that we can support our customers and partners in the enabling of next generation solutions for access, transit and ticketing, further expanding the use of smartphones instead of plastic cards,” said Lars Sandtorv, CEO of MeaWallet.

“We are integrating our SP TSM with NXP’s SSDP loader service to enable all service providers — like banks and mass transit companies operating on the Cardtek SP TSM platform — to easily deploy NFC-based services on devices with NXP’s new chip set. This new platform will not only simplify the technology adaptation for vendors like us but also will increase the interoperability and compatibility with smart devices like smart phones, tablets and wearable gadgets,” said Ali Salcı, EVP of Cardtek Group.

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ: NXPI) creates solutions that enable Secure Connections for a Smarter World. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the application areas Connected Car, Security, Portable & Wearable and Internet of Things. NXP has operations in more than 25 countries, and posted revenue of $5.65 billion in 2014. Find out more at nxp.com.

NXP tool helps developers access secure elements was written by Mike Clark and published by NFCW.

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MeaWallet to launch mobile payments platform that supports NFC, BLE and QR https://www.nfcw.com/2014/03/06/328203/meawallet-launch-mobile-payments-platform-supports-nfc-ble-qr/ Thu, 06 Mar 2014 13:26:09 +0000 http://www.nfcw.com/?p=28203 MeaWallet, a white label solution that supports mobile payments via NFC, Bluetooth LE, host card emulation (HCE), QR and more, is to be launched in May this year, enabling retailers, banks, MNOs and service providers to support a wide range of options for making mobile purchases in stores . The Norway-based company is working with […]

MeaWallet to launch mobile payments platform that supports NFC, BLE and QR was written by Rian Boden and published by NFCW.

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MeaWallet, a white label solution that supports mobile payments via NFC, Bluetooth LE, host card emulation (HCE), QR and more, is to be launched in May this year, enabling retailers, banks, MNOs and service providers to support a wide range of options for making mobile purchases in stores .

MeaWallet CEO Lars Sandtorv
SANDTORV: “It’s not the bank’s wallet, it’s not the MNO’s wallet, it’s your wallet”

The Norway-based company is working with worldwide partners including IBM, Tieto, Elavon, PayEx, Retain24, Bell ID, C-Sam, Visa and MasterCard to deliver a solution that supports access cards, coupons, loyalty cards, ID cards, tickets and mobile receipts as well as payments. “All types of smart devices and secure elements” will be supported, the company says.

“We have built a secure framework for a mobile wallet which is independent of the MNOs, retailers, operating systems and even the mobile device,” Lars Sandtorv, CEO of MeaWallet, told NFC World.

“The whole idea with what we’re doing is that we are trying to help open up the market so it can grow faster and cheaper. What we have done is make the solution support a variety of different technologies, such as NFC, QR codes and BLE; this means that this is really, really flexible.”

“Our strategy is that this is your wallet — it’s not the bank’s wallet, it’s not the MNO’s wallet, it’s your wallet, the consumer’s, and what you have in your wallet is what you have decided on,” Sandtorv continued.

“How you and how your wallet communicate with the point of sale is up to the point of sale to decide, but we have decided to deliver a complete turnkey solution so that it can support any kind of communication. This is only technology, and this can easily be solved.

“There are also several ways for consumers to fund their payments; they can either store a bank card, credit card, debit card or prepaid card and additionally, they can choose to do a top-up of their wallet from their debit or credit card. This is made really flexible so the user can choose how they want to pay and the retailer can choose what to accept or not.”

“The first public release will be in May this year and the second release will be in June and then you will see a lot of new stuff coming out,” Sandtorv added. “It will be an international solution; we have now done pilots for a while and we will, in May, go to full production.”

MeaWallet to launch mobile payments platform that supports NFC, BLE and QR was written by Rian Boden and published by NFCW.

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