Press Releases

Consumers use payment cards with merchants in the real world and in the virtual world. The real world, of course, existed before payment cards were invented, and so had to fit within the expectation of merchants transacting based on physical proof of the consumer’s money, be it paper or plastic. These ‘what you have’ factors of authentication are carried by the consumer in his or her physical wallet.

Tyfone (tyfone.com), a mobile financial and security solutions provider, today announced the issuance of two U.S. Patents supporting a breakthrough design solution that is required to miniaturize a NFC antenna for use in mobile environments, including, but not limited to MicroSD cards, such as Tyfone’s next generation SideTap™ NFC card. This latest design works with any smartcard secure element, across multiple mobile devices and on any NFC reader without the need for cumbersome external booster antennas or after-market battery covers.

Security Service Federal Credit Union (SSFCU), the eighth largest credit union in the United States with more than 875,000 members, today announced it has chosen Tyfone to serve its members’ mobile needs for today and into the future. SSFCU partnered with Tyfone to bring industry leading mobile services,

Tyfone (tyfone.com), a mobile financial and security solutions provider, today announced a partnership with PT Number One (www.no1.co.id), a specialized company within Bauma Group (www.bauma.com), with a consolidated track record of more than 20 years in the secure ID card and card personalization solutions business in Indonesia for the country’s leading banks. This strategic partnership with PT Number One will bring the entire suite of Tyfone mobility solutions to the Indonesian market, starting with the financial services industry. Tyfone’s robust, carrier neutral and device independent, mobile financial solutions suite branded iCashe™ includes: mobile banking; patented smartcard based identity management for mobile security; and mobile payments, with and without NFC.

Star One Credit Union, the ninth largest credit union in the U.S. with more than $6.0 billion in assets, today announced the availability of its Tyfone powered mobile services to its more than 89,000 members worldwide. Star One partnered with Tyfone to bring industry leading mobile banking services to its members, including Fiserv XP2 core integrated mobile banking, enhanced strong ID authentication mobile security and a seamless path to NFC contactless payment technology.

Communication Federal Credit Union (CFCU), serving more than 50,000 members across Oklahoma and Kansas, will provide its members a comprehensive suite of mobile financial services powered by Tyfone’s next generation mobile banking solution.

TWe are at the threshold of a strategic inflection point when it comes to associating one’s assigned identities with one’s mobile phone. There are 7 billion people on the planet and 5.2 billion of us are over the age of 15.1 There are at least 5.6 billion active mobile phones across the globe, which means there is at least one mobile phone in use for every person over the age of 15.2 With an annual mobile phone growth rate ten times higher than the population growth rate, mobile phones are about to become as universal as our wallets.

Tyfone (tyfone.com), a global innovator in mobility, providing software, security and Near Field Communication (NFC) solutions, today announced a strategic investment and technology development agreement with In-Q-Tel (IQT). IQT is an independent, nonprofit organization that identifies innovative technology solutions to support the U.S. government.“Tyfone has an impressive patent portfolio and history of innovation in mobile financial, secure ID management, and NFC solutions,” said Jay Emmanuel, Technology VP at IQT. “We believe that Tyfone’s technology has the potential to address a wide range of complex government and commercial secure identity challenges.” Read more

Tyfone (tyfone.com), a cyber and mobile secure ID and secure transaction solutions provider, today announces the appointment of retired Rear Admiral Nicholas Kalathas as a consulting advisor. As a flag officer, Rear Admiral Kalathas served as the senior logistician for Naval Sea Systems Command (NAVSEA), and commanded the CENTCOM-Joint Theater Support Contracting Command where he oversaw $20 billion of contracts for services, construction and supplies in Iraq and Afghanistan.