COLOMBES, France - Thursday, August 25th 2016 [ME NewsWire]
(BUSINESS WIRE)-- OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announces that its embedded Secure Element, PEARL by OT®, is the first eSE worldwide to be certified by Visa, MasterCard and Amex for biometric-compliant payment applets (VISA VMPA v1.4, MasterCard MCM v1.1 and AMEX v2.0), as well as by OSPT Alliance (CIPURSE™ V2) for urban transport applications and value added services. With these new certifications granted to PEARL 800K Classic v4, OT confirms the position of PEARL by OT® as the most advanced multi-application eSE on the market.
Launched in January 2016, PEARL 800K Classic v4 adds to the family of PEARL by OT® already deployed worldwide in 225Mu+ flagship smartphones. PEARL by OT® offers an unattained level of biometric-compliant certified applications, the largest memory on the market and the latest NFC application for urban mobility services: CIPURSE V2. It enables smarphone makers to deploy new contactless services certified by key payment schemes worldwide and transport authorities of the largest cities in the world. This unique multi-application platform also supports access control, biometrics, secure storage use-cases and value added services.
With the growing trend of smartphones being used as payment devices, storing and processing sensitive biometric data, or improving the urban mobility experience, increasing concerns regarding users’ authentication, data protection and privacy are arising. And smartphones are only the first wave of connected objects to be secured. To be effective, security systems must be embedded within connected objects and equipment. PEARL by OT® is designed to protect credentials and data applications against software and hardware attacks and is continuously upgraded to answer the needs of Original Equipment Manufacturers and their service partners.
All the newly certified applications are now being deployed in currently issued PEARL 800K Classic v4 and can also be remotely downloaded to PEARL 800K Classic v4 eSE already on the field. The latest Visa, MasterCard and Amex applets allow the replacement of PIN by fingerprint verification, which provides a more convenient user-experience for contactless payments. For urban transport use cases, the CIPURSETM-certified stamp ensures the interoperability with the infrastructures which have already adopted CIPURSETM in major cities.
“These 4 new certifications confirm the advanced security level of the PEARL by OT® eSE and OT’s capabilities in issuing new innovative products matching the stringent requirements of worldwide payment schemes and transport operators required to deploy user-friendly NFC services. OT has longstanding relationships with the schemes and has developed a strong expertise in such secure applets.” said Marek Juda, Managing Director of the Connected Device Makers activity at OT.
ABOUT OBERTHUR TECHNOLOGIES
OT is a world leader in embedded digital security that protects you when you connect, authenticate or pay.
OT is strategically positioned in high growth markets and offers embedded security software solutions for “end-point” devices as well as associated remote management solutions to a huge portfolio of international clients, including banks and financial institutions, mobile operators, authorities and governments, as well as manufacturers of connected objects and equipment.
OT employs over 6 500 employees worldwide, including almost 700 R&D people. With a global footprint of 4 regional secure manufacturing hubs and 39 secure service centers, OT’s international network serves clients in 140 countries. For more information: www.oberthur.com
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