INSIDE Secure's Award-winning HCE Payment Solution Achieves Visa Ready Approval

INSIDE Secure MatrixHCE eases mobile payment app development for banks and card issuers, reducing their time-to-market

Aix-en-Provence, France, Aug. 25, 2015 – 

INSIDE Secure (Euronext Paris: INSD), a leader in embedded security solutions for mobile and connected devices, today announced that its award-winning mobile payments security solution is now functionally Visa Ready approved by Visa Inc., for use in Visa Inc. territories. MatrixHCE, a software-based banking and payment solution, protects sensitive data on mobile devices while allowing banks to prominently market their brands. It permits mobile phones to be used as payment cards (credit, debit or prepaid) in the retail environment and supports key features such as transaction logging, receipts, biometric authentication and token processing.

"INSIDE Secure is extremely pleased to receive functional Visa Ready approval for MatrixHCE, one of the first mobile payment solutions for financial institutions," said Martin Bergenwall, EVP of INSIDE Secure's Mobile Security Division. "MatrixHCE not only meets the latest HCE standard, but it also incorporates potential future requirements including updatable whitebox cryptography to protect tokens, code and data."

Additional features of MatrixHCE include:

• Interlocking security that protects the application and account data
• Tamper-proofing that ensures protection against malware attacks
• Dynamic White-box Cryptography (WBC) that enables full token processing by protecting all encryption keys
• Easy deployment across the Android eco-system
• Support for other leading payment networks

To learn more about MatrixHCE and its benefits, please visit: http://www.insidesecure.com/Products-Technologies/Mobile-Payment-and-Banking/Matrix-HCE

About INSIDE Secure

Mobility, cloud computing, and increasing connections between systems, information and people are radically changing the way we live and work. The electronic connections we rely on have become critical, which means that securing these connections has become more challenging. Simple add-on security measures are no longer enough. Security measures must be built into every device, connection, and information flow from the start. They must be well integrated. And they must be convenient-not burdensome to deploy or use.

With decades of security innovation and expertise, INSIDE has become the leader in complete solutions for embedded security applications. Our hardware, firmware, middleware, software, and intellectual property work together, enabling customers to secure everything from mobile devices and transactions to payment, access, content protection and the Internet of Things. Our security expertise and innovation provide 360-degree coverage of customers security challenges, enabling us to bring the right level of security to the right challenge and add value to customers solutions.

INSIDE mobile security solutions help customers meet the challenges of mobile markets, such as providing secure Bring Your Own Device (BYOD) strategies and securing transactions across converging computing and cloud environments. INSIDE secure transaction solutions also protect payments, access, identity and assets. With INSIDE security systems on silicon, customers can embed the optimum level of security needed to deliver trusted products.

INSIDE Secure is a member of major industry standards organizations and global payment and mobility organizations. It has won numerous awards and recognition for innovation from around the world. INSIDE is publicly listed on the NYSE Euronext Paris with headquarters in Meyreuil, France and locations in 11 countries.

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