Sequent Software joins with Global Platform to improve mobile security
Security has proven to be a serious issue for NFC technology. This is especially true when the technology is used in mobile commerce. NFC has been the driving force behind the mobile commerce industry because the technology is capable of turning smart phones and other devices into mobile payment platforms. This is usually accomplished through a chip installed in mobile devices that stores financial information. Concerns regarding the safety of this information have been raised by consumers. Companies investing in mobile commerce often note the supposed safety of NFC technology, but these claims have done little to placate the masses.