Morpho (Safran) has finalized its acquisition of AirTag, a French startup specialized in innovative mobile payment solutions. This latest acquisition further reinforces Morpho's growth strategy in the digital security market. AirTag develops secure mobile transaction solutions for banks, payment networks and retail. The company developed AirPass, a "virtual bank card" solution using HCE (Host Card Emulation) technology and based on a proprietary Tokenization platform (involving a single-use payment token), now being deployed by major players in the e-payment sector. AirTag also offers retail customers an innovative e-wallet service called AirShop, providing payment, loyalty and other smartphone-based services.
Gemalto announced the availability of its SafeNet MobilePKI solution, designed to enable the particularly strong PKI-based authentication and security applications on any device, including those without a USB port or internal reader. SafeNet MobilePKI uses Bluetooth® Smart technology to enable mobile devices to communicate securely with PKI smartcards. As a result, organizations can more fully realize the benefits and opportunities afforded by their mobile applications, and at the same time consistently safeguard integrity and trust with their strong Public Key Infrastructure (PKI) environments.