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Fime enables quantum-resistant migration with Mastercard Ecos qualification

Source: Fime

Fime has been recognized by Mastercard to test solutions in line with the Mastercard’s Enhanced Contactless specifications.

The Ecos specifications look to future-proof contactless solutions against new technologies such as quantum computing. This allows consumers, merchants and financial institutions to benefit from enhanced convenience, trust and privacy.

Contactless payments are showing no signs of slowing down. Providing flexibility to merchants, convenience and security to consumers is key to the continuation of this trend. Fime is offering, consulting, tools and testing expertise, to device manufacturers, acquirers and merchants, to enable fast, secure and effortless contactless payments.

Lionel Grosclaude, CEO at Fime comments: “As contactless use cases continue to grow, it’s fundamental that we protect the whole value chain. Security, trust and privacy are key as the digital payments landscape evolves. Fime is dedicated to supporting the roll out of quantum-resistant technology to deliver next-generation contactless solutions.”

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