Tyfone has received a patent for technology enabling smart card secure elements to be provisioned over the network to enable secure NFC mobile payments.
According to Tyfone, the patent covers the use of wired or wireless networks for provisioning financial identities and information into a smart card in an add-on slot of mobile devices. One example of this technology is Tyfone’s SideTap MicroSD card; other examples may include add-on form factors such as SIM cards or mobile device sleeves.
Tyfone says this technology enables programming of add-on cards in intelligent electronic devices used by plastic credit, debit and pre-paid card manufacturers, and personalization bureaus either within their secure facilities or in an instant personalization environment such as kiosks.
“We recognized early on the benefits of supporting over-the-air and over-the-wire programming of add-on secure elements in electronic devices, especially for financial transactions,” comments Siva Narendra, president at Tyfone-North America. “The issuance of this patent is evidence of Tyfone’s thought leadership with respect to technologies that Trusted Service Managers (TSMs) will require to scale and manage mobile handsets for use in secure ID and NFC applications.”
The patent, US 7,954,717, entitled “Provisioning Electronic Transaction Card in Mobile Device,” has an effective filing date of February 22, 2005 and was issued on June 7, 2011.