Press Releases

Sequent launches technology to bring NFC to all apps

Houten, The Netherlands, January 26, 2012, Telecompaper

--Software services provider for NFC payments Sequent Software launched a new technology called Core Card Services (CCS). CCS enables app developers to build new apps with rich NFC experiences and also makes it possible to integrate NFC within apps that consumers already use and trust. Sequent's CCS unlocks NFC innovation for app developers, making it possible for any mobile app to integrate NFC payments, ticketing, coupons, ID badge access and more. Sequent developed CCS with a consumer first mindset to help app developers create more trust, loyalty and richer branded experiences. According to app research firm, Flurry Analytics, during the holiday week of 25-31 December, more than 1 billion apps were downloaded to Apple and Android devices, yet fewer than five mobile wallet applications included NFC payment capabilities. By using CCS, banks can integrate NFC payments within their existing mobile banking app, merchants can incorporate NFC payment, loyalty programmes and coupon redemption within their existing branded mobile apps, and transit or theatre apps can add NFC tickets and payment to their schedule-centric apps. Sequent never handles, stores or can view consumer card data or personal information. CCS protects the physical and digital security of a mobile device's secure element, where payments and other personal data are stored, by creating a trusted software layer between the secure element and mobile apps. CCS enables only authorised apps access to a consumer's protected data and makes sure a consumer's personal information remains private.

Telecompaper Entry