C-SAM and TrustNordics Partner for NFC-Enabled Turnkey Mobile Wallets

More than half a billion mobile phones worldwide will have Near Field Communication (NFC) technology by 2014, ABI Research predicts. A new partnership between C-SAM and TrustNordics enables organizations of all types to target that installed base by developing and launching NFC-enabled wallets quickly and cost-effectively. The partnership’s initial solution is a turnkey wallet platform featuring C-SAM's pioneering, NFC-based transactions technology and TrustNordics’ Service of a Trusted Execution Environment Service to enable mobile applications for the latest smartphones such as Android, BlackBerry, iOS and Windows Phone. TrustNordics will serve as the wallet’s Trusted Service Manager and offer the wallet under its own brand or on a white-label basis to merchants, financial institutions, non-payment service providers and other organizations.