Security company Giesecke & Devrient is bringing its trusted service manager (TSM) service to the Great White North. The company announced that it has been selected Canadian Imperial Bank of Commerce (CIBC) to provide TSM services as the FI implements NFC credit card payment services.

A TSM service provides the secure link between the mobile device, or at least the secure element within the device, and the financial partner in an NFC payment scheme. With G&D’s TSM service, users will be able to download, provision and pay using the newly released CIBC Mobile Payment Application on their mobile devices.

“Given our well-established relationships with Canadian banks and mobile network operators, G&D is uniquely positioned to fulfill the required role within the Canadian mobile NFC ecosystem as the trusted third party required to securely provision consumer credentials and payment applications,” said Michael Kuemmerle, group executive for mobile security and a member of G&D’s Management Board.

G&D said its TSM service will be managed from its TSM data center in Toronto.

CIBC recently launched its NFC-enabled mobile payment app with Canadian wireless carrier Rogers Communications.

For more stories on this topic, visit the Contactless/NFC research center.

Related Content

User Comments – Give us your opinion!
Products & Services

Cardholder Present

http://global.networldalliance.com/new/images/products/6745.png

6745/Cardholder-Present

Cellum Top-Up

http://global.networldalliance.com/new/images/products/6741.png

6741/Cellum-Top-Up

Unified Payment API

http://global.networldalliance.com/new/images/products/6119.png

6119/Unified-Payment-API

Total-Customer Service

http://global.networldalliance.com/new/images/products/6205.png

6205/Total-Customer-Service

Mobile Money Cash Solution

http://global.networldalliance.com/new/images/products/6415.png

6415/Mobile-Money-Cash-Solution

JunglePay - Mobile Payment and Online Billing Solution

http://global.networldalliance.com/new/images/products/4534.png

4534/JunglePay-Mobile-Payment-and-Online-Billing-Solution

Infobip Push Notifications

http://global.networldalliance.com/new/images/products/6127.png

6127/Infobip-Push-Notifications

Cellum M-Commerce

http://global.networldalliance.com/new/images/products/6735.png

6735/Cellum-M-Commerce

iDynamo Secure Card Reader Authenticator

http://global.networldalliance.com/new/images/products/4295.png

4295/iDynamo-Secure-Card-Reader-Authenticator

Total-Mobile Swipe

http://global.networldalliance.com/new/images/products/6203.png

6203/Total-Mobile-Swipe

VAS Show London 2014
ATM & Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.