Karl J. Weaver invited by SecureWorld Seattle to present on Embedded Smartphone Payment Security

BELLEVUE, Wash. - Nov. 13, 2014 - PRLog -- Consumers are finally feeling Mobile payment euphoria after Apple announced inclusion of a Near Field Communications chip during their September launch of iPhone 6 & 6+ Smartphones, enabling proximity payment services called Apple “Pay” with Passbook mobile wallet.   As the flood gates start to open for Apple Pay, their use of biometrics, embedded secure element (SE) and tokenization of credit card details has been hailed as genius by many industry analysts for delivering the confidence that payments are secure and cool!.  Two other payment methods in the USA had been launched to enable your Smartphone for mobile payments:  Google Wallet with HCE (Host Cost Emulation on KitKat ver. 4.4 OS) and Softcard (Formerly known as ISIS) a joint venture of three MNOs (AT&T, Verizon & T-Mobile) using the SWP (Single Wire Protocol) NFC USIM card and MNO driven Trusted Service Manager (TSM) payment platform to scale nationwide.  For sure, all these mobile proximity payment solutions require payment provisioning & management of Smartphones to locate, lock and swipe clean important data from lost/stolen devices. Peer-to-Peer encryption is essential!

It’s important that all three methods tackle mobile device security and mobile payment Smartphone/Tablet PCs need this level of “Tamper resistant” security.  If payment applications and credentials are not stored in a tamper resistant storage called a Secure Doman within the Secure Element, they are just inviting hackers to come and jailbreak their operating system and attack open system applications.  Both Apple Pay and Google Android have employed the use of Tokenization in their protection of mobile wallet payment data.  Mobile devices running on an open operating system are hacked for many reasons using Malware and other nasty malicious software tools, hence security has become priority number one.  And, in order to give confidence for mobile payment processing, both software/hardware level globally accepted device security standards (from Global Platform) are required.  In addition to the Secure Element in USIM cards,  ARM’s Trustzone & the TEE – Trusted Execution Environment (from Trustonic) are security soft/hardware standards accepted by major ecosystem players, including the Smart Card Alliance, MasterCard, Trusted Computing Group, and most Smart Card manufacturers.  Expect to see the TEE used for HCE based mobile payments, especially to the Banking sectors as Tokens, to avoid delivery into open mobile wallet applications on Android version 4.4 KitKat OS Smartphones.

Secure and simple Mobile (NFC) payments from Smartphones and Tablet PCs are well overdue from mobile operators, Banks, Handset OEMs, Software OS developers and the entire payments ecosystem. We’ll see big changes to the landscape, as all three mobile payment methods have launched and migration to EMV from Banks continues.  “The American consumer is primed to see the advantages of using Contactless Mobile Near Field Communications for retail payments, loyalty, ticketing, couponing, transportation, access control and many other use cases. Security used to be a show stopper, however, we are now witnessing a tidal wave as Floodgates are open wide!”, according to Karl J. Weaver.

Karl J. Weaver is an OEM/ODM mobile device ecosystem and business development executive/rainmaker for Near Field Communications, mobile (wallet) payments and TEE embedded mobile device security ecosystems with his own meet-up group.  He is a Globally-trained, bilingual Mandarin Chinese speaking senior mobility executive with vast experience selling wireless & mobile device technologies from both sides of the Pacific Rim to the global OEM/ODM handset/tablet PC ecosystem supply chain. He recently spent 5 years working in China for Gemalto as Rainmaker for design in of embedded Mobile NFC Payments & TEE security technologies to the OEM Smartphone/Tablet PC ecosystem.   Newport Technologies is his private vehicle to evangelize public speaking and social networking for customer engagement in Greater China and the rest of Asia. He possess a B.S degree in Business Management from Salve Regina University, Certification in Mandarin Chinese Language, Customs and Culture from National Taiwan Normal University – Mandarin Training Center and Certification in Broadband wireless communications from University of Washington (Seattle).  Many presentations on Smartphone technologies can be viewed on You Tube, Youku and Tudou video streaming web sites.   Mobile: 1-425-260-4378 |  Email: karljweaver@gmail.com