FIME is a trusted provider of consulting services, certification and tools. It enables customers to bring seamless card and mobile transactions services to market effectively and confidently using secure chip or cloud-based solutions.
FIME and Trustonic – formed by ARM, Gemalto and Giesecke & Devrient (G&D) – have announced the qualification of the first GlobalPlatform-compliant trusted execution environment (TEE) product. Trustonic is the first company to successfully release a TEE product with the functional requirements outlined by GlobalPlatform to manage applications on TEE technology.
Near field communications (NFC) is widely tipped to be the future of electronic payments (e-payments) in India. With over 1.17 billion mobile users in the country, and nearly half the population (40 percent) without bank accounts, does NFC have the technical capability and end-user accessibility to bring e-payments to the mass market?
FIME has provided consultancy and testing services to Posiflex Technology Inc. – a global leading manufacturer in point of sale (POS) hardware solutions – which has resulted in the Posiflex CC-1000 Contactless Card Payment Reader achieving certifications for EMVCo (Level 1 and Level 2), MasterCard (PayPass M/Chip v2.1) and Visa payWave (VCPS v2.1.1).
FIME is supporting eftpos Payments Australia Limited migrate from mag stripe-based cards to an improved chip, contact and contactless, technology which enables multiple applications to sit on one card. eftpos started development of the new eftpos Chip in February 2011, releasing the first pilot card in October 2011.
FIME has provided consultancy services to Net1 UEPS Technologies – a leading provider of secure and affordable transaction channels to developing countries – which has resulted in a MasterCard® Compliance Assessment and Security Testing (CAST) certification for its South African e-purse payment solution.As a global leader in consulting and market integration testing services for smart devices and secure chip application, FIME worked with Net1 during its CAST project to ensure the product would be successfully certified at the Thales IT Security Evaluation Facility (Thales ITSEF), which is a MasterCard approved security evaluation centre.
FIME has tested Qatar National Bank's contactless mobile payments solution for its compliance to Mobile MasterCard® PayPass™ Specifications. The pilot project, which began roll-out in March 2012, is Qatar's first near field communication (NFC) payments initiative.
The Russian Migration Service is now issuing biometric e-passports with fingerprint data included, which are tested and certified by FIME. The physical flexibility and durability of the documents were verified across a range of climatic environments, while the electrical functionality of the MRTDs was tested to ensure protocol conformity with the relevant standards and specifications.