Tyfone shaping mobile payments at FSTC 2008
Tyfone is attending FSTC (Financial Services Technology Consortium) 2008 Annual Conference, which starts today and runs through June 19th in Santa Rosa, California.
Throughout the show, Tyfone will demonstrate its Mobile Financial Services Platform consisting of a mobile banking software suite along with the company’s mobile payments technology.
The company has come up with a different way of enabling mobile payments. Instead of waiting for the handset manufacturers to release devices, Tyfone enables memory card-enabled phones to become capable of contactless payments. With security features implemented directly on the memory card, financial institutions and their customers are not tied to a mobile payments model that relies on a single carrier and a limited selection of handset models.
At 9:30 a.m. on the 19th, Siva Narendra, Tyfone’s CTO and Co-Founder, will address conference attendees on a panel entitled “Getting to Integrated and Interoperable Mobile Payments.” The session will be moderated by FSTC Managing Executive Jim Pitts. Narendra will outline Tyfone’s perspectives on the future outlook for mobile payments and the technologies, technical standards and industry cooperation needed to drive growth and adoption. ![[end]](/resources/bullet/nfcnews-4.gif)
