Intertrust, the pioneer in Digital Rights Management (DRM) technology and provider of application security solutions, has announced a partnership to safeguard the Felix payment system with Intertrust´s whiteCryption® application shielding technology which will protect the platform from third-party tampering, the company said.
Felix, developed by Gentek Global, is designed to make it easier for small and medium-sized businesses to get paid by transforming smartphones into payment terminals.
The Felix system can be easily integrated into transactions including online shopping, bill settlement, airline tickets, hotel stays, and other purchases. It is the first payment system that allows users with an NFC-enabled Android phone and a contactless payment method to complete purchases by tapping their contactless payment cards against their smartphones while shopping, both online and face to face. Felix can be delivered as either a standalone mPOS application or as an SDK to be integrated into third-party apps.
Independent testing lab Riscure will provide product evaluation services for the Felix platform as it undergoes Payment Card Industry Data Security Standard (PCI DSS) compliance certification, which ensures all sellers safely and securely accept, store, process, and transmit cardholder data during credit card transactions. Full PCI security evaluation of Felix is expected to finalize before Christmas 2019. These partnerships will play a critical role as Felix is field-tested in imminent Visa (NYSE:V) and Mastercard (NYSE:MA) pilots.
Intertrust´s whiteCryption provides a bulwark against reverse engineering and tampering via cutting-edge obfuscation, self-defense, and key protection techniques to safeguard software application code, proprietary data, and company information across platforms including Android, iOS, Windows, macOS, and Linux embedded. With Felix, customer payments are processed both in-person and online by holding contactless bank cards against Android smartphones. The system uses the built-in Near Field Communication (NFC) technology to read the card data and send it through Felix for payment processing.
Typically, to address strict security requirements Mobile Point of Sale (mPOS) technologies require external hardware to facilitate card acceptance and PIN processing. Felix is the first commercial solution to enable both card acceptance and PIN entry on the same device in a secure manner, without additional hardware.
Felix payment technology has been designed and developed by Gentek Global, a product development team operating out of Montreal, Canada and Melbourne, Australia, and specializing in cyber security, mobile payments and contactless NFC technologies.
Intertrust provides trusted computing products and services to global corporations — from mobile, CE and IoT manufacturers, to service providers and enterprise software platform companies. Additional information is available at intertrust.com
Founded in 2001, Riscure is a global advisor on the security of connected and IoT devices, as well as a recognized vendor of advanced security testing tools and security training. Riscure helps customers around the world to build robust hardware and software solutions and to speed up the process of secure development and certification.