Licel vTEE Achieves Second Consecutive EMVCo Security Certification for iOS

Licel vTEE Receives Renewed EMVCo Security Approval for iOS

In a significant milestone for mobile application security, Licel has announced that it has successfully renewed the EMVCo security evaluation and approval for its Licel vTEE (Virtual Trusted Execution Environment) focused primarily on the iOS platform. This achievement marks the second consecutive approval by EMVCo, a globally recognized technical body that upholds rigorous standards for mobile payment security.

The Licel vTEE serves as a software secure element embedded within mobile applications, providing a secure and isolated environment for executing sensitive operations without the need for hardware secure elements. This system not only enhances the security of mobile transactions but also integrates seamlessly with Licel's comprehensive suite of protective measures, including DexProtector, which protects apps and runtime, and Alice Threat Intelligence, ensuring real-time risk assessments.

EMVCo's recognition of the Licel vTEE emphasizes Licel's unwavering commitment to safeguarding mobile payment systems against emerging threats and vulnerabilities. In an era where mobile transactions are rapidly becoming the norm, trust and security play a pivotal role in user adoption. Licel's vTEE aims to instill this trust by providing solution providers and developers a solid foundation for secure cryptographic operations, secure execution, and safe storage, all without necessitating additional hardware.

Licel’s CEO, Ivan Kinash, highlighted that the renewed approval serves as a testament to the company's continued collaboration with clients and their dedication to staying ahead of evolving compliance requirements. As developers of mobile payment systems, digital identity solutions, and other high-security applications grapple with maintaining diverse security toolsets across multiple platforms, Licel's vTEE emerges as a game changer.

The versatile Licel vTEE acts as a hardware-agnostic secure enclave, allowing developers to deploy a unified set of security protocols across various mobile operating systems. This streamlined approach reduces complexity, accelerates compliance, and facilitates the launch of secure mobile services by enabling developers to write sensitive code just once and utilize it consistently across platforms.

The renewed EMVCo approval not only reaffirms the Licel vTEE's compliance with the highest international standards for mobile payment security but also positions Licel as a leader in the mobile application protection landscape. As consumer reliance on mobile wallets and digital payment solutions continues to grow, Licel's commitment to innovation in security technology serves to reinforce consumer confidence in safe transactions.

Licel continues to provide advanced protection solutions that secure billions of app installations worldwide. Their offerings are particularly beneficial for mobile banking, digital wallets, and SoftPOS applications, ensuring that security remains paramount as the world embraces a mobile-first approach to payments.

For additional information on the Licel vTEE, you can explore more resources available on their official website. Inquiries can be directed to Tom Cross, Head of Content and Communications at Licel, who is available for media questions.

As mobile payment solutions become integral to everyday transactions, Licel stands at the forefront, ready to arm developers with the necessary tools to deliver not just functional but secure applications.