Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & 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.

    1. Home
    2. >Technology
    3. >NFC, IOT AND SECURITY – THE BIG THREE AT MWC
    Technology

    Nfc, Iot and Security – the Big Three at Mwc

    Published by Gbaf News

    Posted on February 24, 2017

    7 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    Image of Kim Leadbeater addressing the media about proposed changes to the UK's assisted dying law, emphasizing the removal of High Court judge sign-off to enhance the legislative process.
    Lawmaker Kim Leadbeater discusses UK's assisted dying law changes - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Oleg Kosine, Market Manager- Vendors, FIME

    Mobile World Congress brings together the biggest names in mobile, and the build up to Barcelona is always dominated by talk of ‘big-ticket’ product launches.

    To be successful, however, mobile technology must be both secure and interoperable. It may be less glamorous, but hacks and failures can have a catastrophic impact on a brands’ image, reputation and, ultimately, their bottom-line.

    So, behind the attraction of the latest VR solution and mobile handset launches, what will be the hot topics critical to achieving deployment success?

    • NFC – here to stay

     No one can argue that near field communication (NFC) is gaining traction and is being adopted by consumers. The market is predicted to top $21 billion by 2021, driven in part by the ever-increasing availability of NFC-enabled smartphones, the launch of the big name ‘Giant Pay’ mobile payments platforms and an expanding global contactless infrastructure.

    Wearable payments also represent a huge growth opportunity for NFC technology. The current success of wearables has undoubtedly been built on health and fitness. But with 50% user abandonment after 12 months, device manufacturers are looking to expand functionality beyond health and fitness to drive long-term adoption. And the ability of wearables to streamline the transaction process means that NFC payments are central to this strategy.

    Yet to ensure a consistent and secure experience across all form factors, products need to undergo functional and security testing in a manner that is commercially feasible. ‘Integration’ is key to control investment without limiting advances.

    • eSIM – securing the future of IoT

    From connected cars to smart toasters, it is clear that the age of IoT is upon us. The industry is now faced with the unprecedented challenge of deploying and securing billions (potentially trillions) of connected devices.

    For many, the embedded SIM (eSIM) is essential to stabilizing the ecosystem. eSIM is a non-removable component that supports remote provisioning capability. This means that IoT solutions can be updated to ensure continued security, functionality and convenience, without having to change the SIM.

    As so many players are converging in this space, the future of IoT is dependent on the industry’s ability to establish and implement a robust testing framework to ensure the conformance and interoperability of the eSIM across multiple stakeholders and use-cases. 

    • TEE – ensuring device security

    Don’t underestimate the role of consumer confidence in technical innovations. Security fears can become a barrier to using an application. Yet to be over secure can restrict functionality and performance. The mobile industry is walking a constant tightrope to balance these two elements.

    The Trusted Execution Environment (TEE) is a secure area of the main processor of connected devices that ensures sensitive data is stored, processed and protected in an isolated, trusted environment. While it offers protection against software attacks, assists in the control of access rights and houses sensitive applications, it also delivers a good level of functionality.

    The TEE is not new, but it is becoming recognized as a security basis for mass market mobile service deployments.

    Time to market

    All these conversations have one key element in common: how to get products to market effectively and successfully, while avoiding risks.

    Evolving the testing landscape to accommodate new features, while ensuring backward compatibility with the existing infrastructure is vital in any new product launch strategy. When a new disruptive feature is added, everyone is looking to understand the impact.

    Creating an agile testing process that can reflect market trends is fundamental if the mobile industry wants to continue its dynamic evolution within a sustainable and secure infrastructure.

    To find out more and discuss your testing and certification requirements, meet FIME at Business France, Hall 5B 61.

    FIME’s offer

     FIME has over 20 years’ experience in bringing innovative technologies to market quickly and efficiently.

     It has developed a comprehensive offer of consulting services, technical training, technology design, test tools and certification testing. Its experts support projects from start to finish, resolving the technical challenges posed by implementing a complete portfolio of specifications, standards and multi-brand industry requirements.

    Oleg Kosine, Market Manager- Vendors, FIME

    Mobile World Congress brings together the biggest names in mobile, and the build up to Barcelona is always dominated by talk of ‘big-ticket’ product launches.

    To be successful, however, mobile technology must be both secure and interoperable. It may be less glamorous, but hacks and failures can have a catastrophic impact on a brands’ image, reputation and, ultimately, their bottom-line.

    So, behind the attraction of the latest VR solution and mobile handset launches, what will be the hot topics critical to achieving deployment success?

    • NFC – here to stay

     No one can argue that near field communication (NFC) is gaining traction and is being adopted by consumers. The market is predicted to top $21 billion by 2021, driven in part by the ever-increasing availability of NFC-enabled smartphones, the launch of the big name ‘Giant Pay’ mobile payments platforms and an expanding global contactless infrastructure.

    Wearable payments also represent a huge growth opportunity for NFC technology. The current success of wearables has undoubtedly been built on health and fitness. But with 50% user abandonment after 12 months, device manufacturers are looking to expand functionality beyond health and fitness to drive long-term adoption. And the ability of wearables to streamline the transaction process means that NFC payments are central to this strategy.

    Yet to ensure a consistent and secure experience across all form factors, products need to undergo functional and security testing in a manner that is commercially feasible. ‘Integration’ is key to control investment without limiting advances.

    • eSIM – securing the future of IoT

    From connected cars to smart toasters, it is clear that the age of IoT is upon us. The industry is now faced with the unprecedented challenge of deploying and securing billions (potentially trillions) of connected devices.

    For many, the embedded SIM (eSIM) is essential to stabilizing the ecosystem. eSIM is a non-removable component that supports remote provisioning capability. This means that IoT solutions can be updated to ensure continued security, functionality and convenience, without having to change the SIM.

    As so many players are converging in this space, the future of IoT is dependent on the industry’s ability to establish and implement a robust testing framework to ensure the conformance and interoperability of the eSIM across multiple stakeholders and use-cases. 

    • TEE – ensuring device security

    Don’t underestimate the role of consumer confidence in technical innovations. Security fears can become a barrier to using an application. Yet to be over secure can restrict functionality and performance. The mobile industry is walking a constant tightrope to balance these two elements.

    The Trusted Execution Environment (TEE) is a secure area of the main processor of connected devices that ensures sensitive data is stored, processed and protected in an isolated, trusted environment. While it offers protection against software attacks, assists in the control of access rights and houses sensitive applications, it also delivers a good level of functionality.

    The TEE is not new, but it is becoming recognized as a security basis for mass market mobile service deployments.

    Time to market

    All these conversations have one key element in common: how to get products to market effectively and successfully, while avoiding risks.

    Evolving the testing landscape to accommodate new features, while ensuring backward compatibility with the existing infrastructure is vital in any new product launch strategy. When a new disruptive feature is added, everyone is looking to understand the impact.

    Creating an agile testing process that can reflect market trends is fundamental if the mobile industry wants to continue its dynamic evolution within a sustainable and secure infrastructure.

    To find out more and discuss your testing and certification requirements, meet FIME at Business France, Hall 5B 61.

    FIME’s offer

     FIME has over 20 years’ experience in bringing innovative technologies to market quickly and efficiently.

     It has developed a comprehensive offer of consulting services, technical training, technology design, test tools and certification testing. Its experts support projects from start to finish, resolving the technical challenges posed by implementing a complete portfolio of specifications, standards and multi-brand industry requirements.

    More from Technology

    Explore more articles in the Technology category

    Image for Nominations Open for Technology Awards 2026
    Nominations Open for Technology Awards 2026
    Image for Nominations Open for Innovation Awards 2026
    Nominations Open for Innovation Awards 2026
    Image for Archie earns industry recognition across G2, Capterra, and SoftwareReviews
    Archie Earns Industry Recognition Across G2, Capterra, and SoftwareReviews
    Image for The Bankaool Transformation: How a Regional Mexican Bank Became a Fintech Disruptor
    The Bankaool Transformation: How a Regional Mexican Bank Became a FinTech Disruptor
    Image for Submit Your Entry Today for Digital Banking Awards 2026
    Submit Your Entry Today for Digital Banking Awards 2026
    Image for Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Image for Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Image for Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Image for Entrepreneurial Discipline in the AI Economy: Insights from Dmytro Lavryniuk
    Entrepreneurial Discipline in the AI Economy: Insights From Dmytro Lavryniuk
    Image for Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Image for Call for Entries: Best Digital Wallet 2026
    Call for Entries: Best Digital Wallet 2026
    Image for Nominations Open for Brand of the Year Technology 2026
    Nominations Open for Brand of the Year Technology 2026
    View All Technology Posts
    Previous Technology PostThe Intelligence Disconnect
    Next Technology PostMwc Predictions: 5g, B2B FinTech & M&as to Top the Agenda This Year