Nokia joint venture to secure electronic payments

Tuesday, 27 June 2006, 3:52 PM EST

Nokia has formed a joint venture with a smart card manufacturer to secure electronic payments made using a short-range wireless technology called near-field communication (NFC) useful in financial transactions such as credit card purchasing or public transportation ticketing.

The new company, formed with Germany's Giesecke & Devrient, will create and operate a service platform that can be used by banks or mobile phone network operators to securely manage transactions made using cell phones equipped with NFC technology. Users simply wave an NFC-equipped device in front of a reader to make a payment.

At InfoWorld.

[ Read more ]




Spotlight

Operation Pawn Storm: Varied targets and attack vectors, next-level spear-phishing tactics

Posted on 23 October 2014.  |  Targets of the spear phishing emails included staff at the Ministry of Defense in France, in the Vatican Embassy in Iraq, military officials from a number of countries, and more.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Fri, Oct 24th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //