ARM Gets Into The Secure Mobile Payments Business

ARM Holdings, the British company that is famous for its ARM architecture and computer processors, has co-created a new company called Trustonic. ARM owns 40 percent of the company while Gemalto, a Dutch security company, and German payment systems company Giesecke & Devrient own 30 percent each. Trustonic aims to be the “new standard security provider to address the increasing need for trust built into smart connected devices.” Key industry partners include Samsung, NVIDIA, Cisco, Sprint, 20th Century Fox Home Entertainment, MasterCard, and Symantec.

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