Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Top Stories

Posted By Gbaf News

Posted on April 3, 2017

WHAT’S NEW IN THE AIR ?

Can you use your contactless payment card or smartphone to pay when you are cosily seated in an air plane ?

Of course, you can.

IFPL and Alcineo have strengthened their partnership to provide a unique solution for aircraft payment.

IFPL has designed an EMV contactless reader whilst Alcinéo has provided the payment capability. The reader is not only compliant with all the major payment schemes but it is also built according the most advanced PCI security standard.

Today, we go a step beyond by introducing a PIN on Screen solution in order to accept the contactless high value payment. Contactless kernels are located into the NFCm whilst the PIN entry is achieved through the Trusted User Interface or TUI on the secure part of the seat back screen – running in the Trusted Executed Environment (TEE). The Trusted User Interface enables to enter securely a PIN and encrypt the digit to be used for the payment processing.

The Trusted Executed Environment is a secure Operating System that runs into the Trust Zone of the ARM core. It is protected by responsive tamper and specific secure donwload that prevent unsuitable utilization.

This product has been designed to enhance travellers payment experience, offering additional means of payment during their trip.

The solution will be displayed at Aircraft Interiors Expo held in Hamburg, April 4 -6, 2017.

Aircraft Interiors Expois themust attend eventto see the latest ideas and innovations in aircraft interiors.

For more information, visit IFPL booth 2C10 or contact Alcineo representative.

Recommended for you

  • Bridging Distances: The 2025 Global Telecom Award

  • Inflation Dynamics and Economic Cycles in the European Union

  • Economic Growth and Development Trends in African Countries