Inside Secure chosen to secure mobile contactless payments

Inside Secure (Paris:INSD), at the heart of security solutions for mobile and connected devices, has announced that Vipps AS, the provider of Norway´s national payment system BankAxept, has chosen Inside Secure to protect its mobile contactless payments, the company said.

Owned by Norwegian banks and relied upon to process eight out of 10 store purchases made by card, Vipps prioritizes its anti-fraud technology to protect its vast market share for BankAxept. Now, BankAxept´s latest contactless payment capability for cards and mobile phones will offer added convenience and the highest possible security — all supported by Inside Secure´s market-leading Code Protection and Whitebox solutions.

Delivering the national payment system in Norway, Vipps is tasked with developing new payment solutions for a world that is constantly changing. In order to respond to the challenges posed by new operators and new payment solutions, Vipps manages and develops payment solutions in new channels on a commercial basis. This includes the development of contactless payments by card and mobile, online payment solutions, p2p-payments, immediate payments, electronic invoices (EBPP) and digital authentification solutions.

Inside Secure is at the heart of security solutions for mobile and connected devices, providing software, silicon IP, services and the know-how needed to protect customers´ transactions, identity, content, applications and communications. With its deep security expertise, the company delivers products that span the entire range of security requirement levels to serve the demanding markets of network security, IoT, System-on-Chip security, video content and entertainment, mobile payment and banking, enterprise and telecom. Visit www.insidesecure.com