Banking is undergoing radical changes brought by contactless technology and m-commerce. New possibilities, but also new challenges: how to adapt to market requirements while ensuring security?
Enter contactless and m-commerce... while staying secure
Trusted Labs helps financial institutions seize new opportunities, without giving up on security.
Our clients benefit from:
- expertise in security and interoperability of open embedded systems, encompassing all sorts of consumer devices: smart cards, handsets, payment terminals, etc;
- understanding of cross-industry security requirements (banking/finance, telecom, media, transportation, e-government).
Throughout the device’s and service’s life cycle
Trusted Labs’ services cover the whole life cycle:
- Innovation support: from defining state of the art to developing m-commerce pilot projects;
- Security consulting: from risk analyses to security policy specifications;
- Security evaluation: for smart cards, payment terminals, and handsets - according to standard and proprietary schemes (e.g. MasterCard CAST).
Examples of recent contributions
Defining new standards for mobile payment evaluation
Trusted Labs has participated in the set-up and technical implementation of the MasterCard security requirements for payment solutions on mobile phones.
Mobile banking and payment services: getting creative!
On behalf of MasterCard, Trusted Labs conducted a market survey on new use cases for mobile banking and mobile payment services, and evolutions of current credit-card based services. This resulted in an overview of the assets to be protected, identifying the risks and possible solutions to mitigate them.
Evaluating payment cards for MasterCard CAST
Within both the MasterCard CAST program and proprietary schemes, Trusted Labs’ evaluation laboratory has exercised its security expertise on more than 20 different products for around 10 different customers - evaluating Java Card™ platforms with MasterCard M/Chip4.
Developing new security guidelines for Visa Inc.
Trusted Labs participated in the Visa VSDC implementation guidelines, which mark the evolution of the VSDC risk assessment process; then helped Visa build a new set of security implementation guidelines for Java Card™ a nd native multi-application platforms.
Our Services: Banking
Trusted Labs has been evaluating smart cards since 2001 - for the banking, telecom, pay TV, and signature/authentication markets.
Trusted Labs is accredited by MasterCard to perform CAST evaluations.
Trusted Labs also helps you prepare for an evaluation - making it easy for you to pass the certification, by providing support from the early stages of your development life cycle.
Trusted Labs helps you evaluate your device against PCI PED requirements - and gives you advice on how to improve.
Getting to know a new application field, technology, or certification process can be hard and time-consuming.
Trusted Labs shares its in-depth knowledge with you so you can jump-start your innovations.