Toronto-based SecureKey Technologies has recently inked a contract with a mobile payment solution company called EnStream. The latest agreement between the two Canadian companies will facilitate the authentication technology from SecureKey over smartphones in Canada. The usage of contactless cards that are NFC-based is not only increasing in Canada but it is also increasing in other parts of the world too. Therefore, by making its technology available on tablets and mobile phones, SecureKey will look to offer businesses and consumers secure access to online services, as all a user needs to do is to use his or her mobile device, so they can have enhanced authentication and security.
On this occasion the CEO of SecureKey Technologies Inc, Charles Walton said that, “We are excited to be working with EnStream and its mobile service provider partners to greatly expand the number of devices that will support SecureKey’s authentication, identity and online payment solutions. Our solutions allow people to use real-world payment and identity cards with their mobile phones to enhance online security and payments in a simple and convenient manner.”
While, the COO of EnStream, Almis Ledas said that, “EnStream’s mandate is to accelerate the adoption of secure, SIM-based NFC mobile payments in Canada through common platforms. Our partnership with SecureKey gives Canadians an innovative and valuable solution that can be used with services from government, healthcare providers and financial institutions. SecureKey is the first credential issuer to announce that it will make use of our ability to deploy secure credentials on SIM-based secure elements for mobile carriers in Canada.”
EnStream is basically a joint venture of three Canadian telecom companies TELUS, Rogers and Bell. The main aim of this joint venture is to introduce mobile payment solutions to the market. And to do so EnStream develops mobile services, which makes it easy for consumers to carry out their mobile transactions without facing any problems.
On the other hand, “SecureKey Concierge is an authentication service for the government that enables Canadians to use their bank authentication credentials to obtain access to online government services like pension, tax, and benefits. It’s part of the Canadian government’s Federated Identity Management strategy,” according to TechVibes.
With the assistance of SecureKey not only card issuers, but merchants, financial institutions, government organizations and health care providers can now provide their online customers both security and convenience.
Source: TechVibes
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