Licel

The Licel vTEE has been evaluated and approved by EMVCo for the iOS platform. That means that, in less than a year, our groundbreaking Virtual Trusted Execution Environment has been EMVCo-approved for both major mobile platforms - Android and iOS. It is currently the only TEE of any kind to hold this EMVCo approval. The upshot of this dual-platform approval is that developers can now confidently use Trusted Applications (TA) for both Android and iOS. Companies in innovative payment verticals like mobile wallets and SoftPOS are already using the Licel vTEE to protect the most sensitive operations their apps carry out. We'd like to acknowledge and thank Applus+ Laboratories - the laboratory responsible for evaluating the Licel vTEE for both platforms this year - for their great work. 🙏 Find out more (from us and from Applus+ Laboratories) in our press release: #mobilepayments #iOS #Android #mobilesecurity https://lnkd.in/eEDAHpmp

The more sensitive that our digital transactions and operations have become, the more it makes sense for us to think of the mobile ecosystem as being split into two worlds: The trusted world, and the untrusted world. In our latest article, we explain how Trusted Applications (and the wider concept of trusted execution) can help bring security to untrusted devices. #mobilesecurity #Android #iOS https://lnkd.in/eDRdjR6x

Licel CEO, Ivan Kinash, looks back on some of the key mobile trends of 2024 and explores what they mean for the future of mobile channel security:

We've been pretty busy these last few months - there's lots to update you on. Find out more about the stories below in the latest edition of the Layers newsletter: We have some exciting news about our groundbreaking virtual TEE; we explain what a Trusted Application is; we explore how a malware variant spread rapidly across India; and we highlight the key security trends from this year and look ahead to 2025. #ai #malware #mobiletrends #2025trends

📱 We have been part of Licel remarkable journey in securing EMVCo approval for their pioneering Virtual Trusted Execution Environment (vTEE) on iOS. This achievement follows the successful evaluation of their vTEE on Android earlier this year, marking the second collaboration between our teams. Licel’s dual-platform approval is a testament to their commitment to pushing the boundaries of security in mobile payments, SoftPOS and beyond. 💡 It’s always inspiring to work alongside visionary companies like Licel, driving innovation and delivering efficient solutions to the market. #Innovation #MobileSecurity #Partnership #ApplusLaboratories 

How does malware spread across a country in a matter of days? Our threat and device intelligence solution, Alice, was put to work to answer that question. In the article below, we explain how we detected the netflixmirror malware, how it was able to spread rapidly across India, and how both Alice and DexProtector are mitigating the growing malware threat. https://lnkd.in/efd_QRA7 #malware #mobilesecurity #threatintelligence

Find out why we think Virtual Trusted Execution Environments (vTEEs) are the ideal solutions to enhance mobile channel protection and future-proof innovative mobile payment solutions. https://lnkd.in/e-h3FXKa #vTEE #mobilepayments #wallets #SoftPOS

Mobile banking fraud is on the rise, with eKYC fraud fast becoming one of the biggest security risks for banks. AI and deepfake technology is making it easier for fraudsters to pretend they are somebody they are not - sometimes someone who doesn't even exist. And if this fake user slips through the net and is onboarded, it can result in money lost to bogus credit card payments as well as regulatory punishments. The stakes are high. But eKYC fraud can be stopped with the right security strategy. In our latest article, we explain how: #FraudPrevention #eKYC #CyberThreats #MobileAppSecurity https://lnkd.in/euM8j72a

The mobile banking industry is evolving rapidly. And so are the attacks that are targeting it. Here at Licel we secure the mobile channel between banks and over 310 million end users. Our solutions are already helping to stop account takeovers, eKYC fraud, automatic transfer system malware, and authorized push payment fraud, among other threats. Read our mobile banking use case and find out why our products are tailor-made to stop mobile banking fraud. #banking #mobilebanking #fraud https://lnkd.in/dH2uQz8D

The mobile banking industry is evolving rapidly. And so are the attacks that are targeting it. Here at Licel we secure the mobile channel between banks and over 310 million end users. Our solutions are already helping to stop account takeovers, eKYC fraud, automatic transfer system malware, and authorized push payment fraud, among other threats. Read our mobile banking use case and find out why our products are tailor-made to stop mobile banking fraud. #banking #mobilebanking #fraud https://lnkd.in/dH2uQz8D