Why securing NFC mobile payments requires a comprehensive approach

Obtaining Mastercard and Visa security compliance and keeping in line with the payment ecosystem’s best practices will help to “reinforce” host card emulation (HCE) security levels and minimise the success rates of hacking attempts, says HCE and tokenization provider Antelop Solutions. Moving from chip-based physical card security to software-based digitised card security means that the risks associated with mobile payments should not be underestimated, the company writes in a white paper now available to download from the NFC World Knowledge Centre.