Mobile devices to get security standard
The mobile phone industry has moved forward in its efforts to agree to a global standard for delivering secure services such as credit-card payments on handheld devices, according to an industry executive.
"Thereís momentum," said Nav Bains, projects director at the GSM Association (GSMA). "Everyone wants to move ahead." Debate has been raging in the industry about where to locate the "secure element," or system for storing private data, in phones equipped with near field communications (NFC) technology.
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