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Rampant data breaches have taught consumers that it is not always wise to store payment data with a third party, but soon such behavior may become the safer way to transact.
November 14
Intel Corp. is using an authentication system from SecureKey Technologies Inc. in its Ultrabook computers.
SecureKey provides a system that allows contactless cards or mobile devices to be used with regular computers, preserving the one-time-use data that such devices produce for added security. One application of this technology is to allow contactless cards to make payments on e-commerce sites.
"The solutions we are deploying, including 'tap-to-pay' and 'tap-to-authenticate', use real-world payment and identity credentials which people know and understand to enhance online security and payments," said Greg Wolfond, SecureKey's chief executive, in a press release Tuesday.
SecureKey, of Toronto, offers its technology in a USB stick for use with regular computers. Its pact with Intel allows its technology to instead be built into Intel machines.
In November, Intel said it is working with MasterCard Inc. for a secure authentication system that would be built into its Ultrabook computers. Intel and MasterCard
