Inside Secure, a provider of embedded security products for mobile and connected devices, Monday announced that a company called HCE Service will use its technology to offer banks in the U.K. and India the ability to add cloud-based mobile payments. 

"We are thrilled to be leveraging Inside Secure's proven technology and expertise in delivering HCE payment technology to support HCE Service's SWIM mobile payments platform," Dr. Chandra Patni, CEO of HCE Service, said in a statement. "The combination of Inside Secure's knowledge of payment and advanced software security with HCE Service's unique SWIM WPKI architecture brings a new standard to the HCE payment market."

HCE Service said it has has brought its Wireless Public Key Infrastructure technology to deliver a dual token-based, end-to-end HCE tokenization and authorization cloud service.

"With a full range of embedded security solutions and unmatched expertise, Inside Secure is uniquely positioned to help card schemes, issuers and app developers secure their business models, even when using newer software-based secure element solutions," said Amedeo D'Angelo, president and CEO of Inside Secure. "It's satisfying to see real-world deployments of highly secure HCE payments beginning to roll out, knowing this is just a starting point for the broader adoption of secure mobile payments."