Description

Banks and financial institutions are progressing from a contact-based to a contactless mobile-centred secured authorisation of payments for their customers, while the TSM projects are making a mark in providing the trust infrastructure with a third party operator handling everything from customer credentials lifecycle management to card provisioning in an increasingly mobile-centric world. This study helps make a case for TSM while acknowledging the cloud as a powerful opponent to TSM and why FSPs are giving qualified nod of approval while giving full access to confidential customer data.