GlobalPlatform: Simplifies Secure User Authentication with Standardized API

  • Released a new specification to simplify and bring greater trust to the authentication of digital services on smartphones
  • Originally developed within EMVCo, the global technical body that facilitates the worldwide interoperability
  • The Secure Element Broker Interface defines a standard to make end-user authentication simpler for all applications running in a GlobalPlatform-certified Secure Element
  • It enables service providers to easily develop secure apps that utilize the authentication mechanisms available in the device
  • The specification means developers no longer need multiple app versions for different device operating systems or models
  • EMVCo welcomes this initiative to support the use of external mobile services within the device, including CDCVM use-cases
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Visa Strengthens Presence with Acquisition of Prisma Medios de Pago

Visa enhances its Latin American footprint by acquiring Prisma and NewPay.Highlights: Visa acquires Prisma Medios de Pago and...

Bank of Ireland UK Fined $3.7 Million for Delayed Anti-Fraud Tool Implementation

Regulator penalizes the bank for missing critical compliance deadlines.Highlights: Bank of Ireland UK fined $3.7 million by PRA.Penalty...

eBay Invests in TrueLayer, Strengthening Pay By Bank Initiative

The partnership aims to enhance direct bank transfers for eBay users.Highlights: eBay invests in TrueLayer to enhance payment...

Vestwell Doubles Valuation After $385 Million Series E Funding

U.S. savings platform Vestwell gains significant investment, boosting growth potential.Highlights: Vestwell raises $385 million in Series E funding.Valuation...