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 America has become the first laboratory to achieve test bench qualification for EMVCo Contactless Card Level 1 in North America, authorizing the advanced testing provider to offer contactless card level 1 testing services for EMVCo members.
FIME America has expanded its regional network with the opening of an office in San Francisco, California. As the United States (U.S.) EMV migration deadline gets closer and the deployment of secure mobile services gathers momentum, the new location will provide U.S. payments and near-field-communication (NFC) stakeholders with local access to FIME’s global secure-chip testing and certification expertise.
FIME is the first global laboratory and secure chip test tool provider to be accredited by EMVCo, to verify that a secure element (SE) has the required security and functionality to enable an end-user to select their preferred payment application in a contactless environment. The ability to release products with this feature, which also ensures that the application chosen will be accepted by the point-of-sale terminal, represents a key milestone in bringing contactless mobile payments to market.
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?