Sequent Software, a provider of near field communication
(NFC) software and services, has launched an NFC services platform that lets
any mobile operator, card issuer, or application developer deliver a rich
mobile payment consumer experience.
The platform accelerates NFC commercialization that
seamlessly integrates consumer transactional capabilities, such as payments,
with mobile devices.
“Our platform was built from the ground up to
capitalize on the evolution of the physical world to the mobile world. We don’t
have to play by the same rules as the legacy providers and our technical
innovation and business model reflect this,” said Drew Weinstein,
Sequent‘s
Chief Executive Officer.
The center of the platform is Sequent’s Secure Element
Management platform that provides secure element owners, often mobile
operators, the ability to onboard and manage a consumer’s accounts into a
mobile device.
Sequent focuses on the management of those accounts, not
the issuance of the account level data. Sequent makes NFC more valuable to
mobile operators by supporting any secure element form factor, and flexibility
by supporting all issuer types; payment, transit, loyalty, and more.
Sequent’s Issuer Plug-in works in tandem with the
platform to expedite a card issuer’s ability to use NFC. The Plug-in is
standards-based, giving issuers the ability to maintain their existing issuing
systems, while provisioning account data over the air to mobile devices.
The combination of the Secure Element Management platform
and the Issuer Plug-in allows Sequent to offer a truly neutral solution to the
market — allowing mobile and issuing parties to focus on their core
businesses.
The Sequent platform is enhanced with a mobile wallet,
understanding that both mobile operators and issuers are equally concerned with
a positive consumer experience. The Sequent Wallet provides a discrete branding
environment for issuers and mobile operators, as well as integrated application
functionality so the consumer enjoys a richer experience than their physical
wallet.
By Telecomlead.com Team
editor@telecomlead.com
