Sequent acquires software division of ViVOtech
With the acquisition of ViVOtech's software division, Sequent’s trusted service manager (TSM) product portfolio now includes SP-TSM solutions for issuers and application service providers in addition to SE-TSM solutions for MNOs and OEMs. Sequent can now integrate credentials more efficiently into the secure element of a mobile device.
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Sequent manages secure credentials on mobile devices
Consumers are comfortable using the cards in their wallet – payment cards, loyalty cards, ID cards, and more. Sequent puts those same cards into a secure chip on the mobile phone, providing a level of security that consumers can trust. Consumers can use the cards they already trust with the mobile apps they already know.
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Sequent turns every app into a wallet that can use all cards
Sequent’s technology helps consumers safely move the cards and coupons in their wallet to a secure chip in their mobile device, where they will work in all the apps they already have. So every app can now be a wallet, and every wallet can access every card.
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Sequent brings trust to mobile
Sequent provides trusted, secure storage of consumer data on mobile devices. Secure element owners and card issuers specify which apps can access each credential stored on the phone. They trust Sequent to manage access to the credentials according to the business rules they specify.
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Sequent brings new economics to the mobile ecosystem
Sequent brings new value and new revenues to the mobile ecosystem. MNOs can add revenue by authorizing mobile apps to access cards in the secure element. Banks can increase revenue by enabling their cards to work in their mobile apps. App developers can increase the value of their apps by enabling them to use the credentials in the secure element.
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