As the world becomes one big information system influenced by IoT, more and more organizations are opting for cloud storage, which often raises issues on data security. According to a recent Gartner' research, the world will see 25 billion internet connected devices by 2020. In this scenario, Tyfone offers secure transactions and identity solutions, enabled by over 100 patents and over 700 issued invention claims.
Investment will fund the scaling of Tyfone’s patent rich digital security platform, targeting the $80 billion cybersecurity market with a focus on Banking, Government and Enterprise.
[vc_row][vc_column width="1/1"][vc_column_text]As customers are looking for faster and more efficient means of performing transactions on-the-go, banks are turning towards newer and innovative technologies. Financial institutions are adopting mobility to achieve quicker and secure transactions, and deliver on-demand banking services.[/vc_column_text][/vc_column][/vc_row]
The Web Crypto v.Next Workshop focused on improving secure authentication in the Open Web Platform. We reviewed the possible integration of hardware tokens as well as other forms of authentication, with the aim of being able to replace the password with more phishing-resistant cryptographic credentials. The workshop attracted more than 70 participants, including representatives from major browser vendors, hardware token vendors, mobile phone operators, payment technologists, government eID experts, and other bodies such as GlobalPlatform, SmartCard Alliance, FIDO Alliance, and SIM Alliance.
W3C’s Web Payments Interest Group is gaining momentum in its pursuit of the integration of payments into the Open Web Platform. As part of building understanding security, and the role of the Web, I am organizing a series of interviews on Web payments. In this first interview with Tom Poole and Drew Jacobs of Capital One, and Siva Narendra of Tyfone, we open with the broad question of what the Web needs to facilitate eCommerce.
Tyfone announced that it was given an award for “Widest Handset Coverage and Contactless Compliance” at the Asia Pacific Smart Card Alliance’s APSCA first forum on alternative NFC mobile payment solutions, recently held in Taiwan.
Tyfone’s next generation mobile banking solution, apart from standard features that consumers demand, will include bill payment, security analytics, mobile remote deposit capture (mRDC) and a host of other unique features, including the iCashe Mobile Wallet on all phones and [...]