FIME to Provide Mobile Wallet Certification

Isis has authorized FIME, a consulting and testing services firm for near-field communication, to certify hardware for its mobile wallet initiative.

FIME will work with device manufacturers to evaluate Isis mobile handsets and secure elements to certify their compliance with Isis technical specifications, FIME said Thursday. The firm's North American laboratory was the first to achieve this qualification from Isis, FIME said.

"As we see more and more NFC applications being deployed, not only in the U.S. but globally, third-party testing is essential in establishing a fully interoperable infrastructure that allows end-users to successfully, securely and conveniently pay, all with a tap of their phone," Xavier Giandominici, director at FIME America, said in a news release.

NCF transactions are predicted to reach $74 billion by 2015, Giandominici said. Isis is a joint venture by AT&T Mobility, T-Mobile USA and Verizon Wireless focused on creating a secure NFC environment to deliver mobile services in the U.S.

For reprint and licensing requests for this article, click here.
Bank technology
MORE FROM AMERICAN BANKER