Gemalto and Texas Instruments collaborate to deliver Secure Mobile Financial Services

Gemalto has announced collaboration with Texas Instruments Incorporated (TI) to enable Gemalto Mobile Financial Services on TI's OMAP platform and M-Shield security technology for mobile devices. The solution provides an integrated security platform for handset manufacturers and carriers to create a rich user experience for customers to securely conduct mobile financial transactions.

Gemalto's Mobile Financial Services runs on TI's OMAP platform trusted execution environment, which includes Trusted Logic's Trusted Foundations. This secure environment provides protection for financial based applications stored and used on leading smartphones built with the TI OMAP processor equipped with M-Shield security technology. Applications can be secured with strong two-factor authentication -- verifying the user and the phone -- which requires the user to enter securely a personal identification number (PIN) prior to gaining access to financial services applications.