27 May 2017
Visit cib.db.com

NFC Forum outlines position on Host Card Emulation

20 March 2014  |  1445 views  |  0 Source: NFC Forum

With 500 million NFC devices in the market this year, and annual shipments expected to exceed one billion by 2018, the momentum for NFC continues to build at a rapid pace.

As more and more NFC devices enter the market, it is vital that consumers have immediate opportunities to experience the ease and convenience of NFC for a wide range of daily uses.

We view Host Card Emulation (HCE) as an exciting development for the NFC market because it provides an additional means by which to perform NFC transactions. With HCE, transactions take place using credentials stored in the cloud or on the host processor of the NFC-enabled mobile device rather than a tamper resistant secure element, such as an embedded security chip, SIM, or microSD card.

As the industry consortium dedicated to the global deployment and adoption of NFC services, the NFC Forum sees HCE as a promising addition to the portfolio of NFC solutions that could potentially accelerate market growth.

HCE is supported by NFC Forum specifications, including the NFC Controller Interface (NCI) specification, which in combination with other standards, such as ISO 14443 and JIS X 6319-4, enables HCE implementations.

Service providers need to evaluate and determine the best place to store credentials for their solutions, keeping in mind the trade-off between security risks and convenience. Each model has its merits depending on the use case. For instance, use cases that rely today upon bar codes could immediately benefit from HCE without raising new security concerns. However, transactions currently relying upon tamper resistant secure storage of assets would need more thorough consideration. We're encouraged by the steps being taken by providers of HCE-based solutions to ensure that their offerings meet consumer and business demands for latency and security.

The NFC Forum will continue to monitor new developments and maintain our policy of being responsive to marketplace needs in our specification development work.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Download the paper nowvisit dh.comVisit www.capgemini.com/worldreports

Top topics

Most viewed Most shared
BBVA launches Open API marketplaceBBVA launches Open API marketplace
12418 views comments | 49 tweets | 78 linkedin
Bank/fintech collaboration can take transaction banking to new heightsBank/fintech collaboration can take transa...
7464 views comments | 12 tweets | 24 linkedin
R3 raises $107mR3 raises $107m
6332 views comments | 16 tweets | 16 linkedin
TransferWise launches multi-currency business bank accountsTransferWise launches multi-currency busin...
6285 views comments | 12 tweets | 20 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job