INSIDE Secure  a leader in software security solutions for mobile and connected devices, today announced that financial institutions can now select INSIDE Secure’s MatrixHCE, a VisaReady, approved mobile banking and payment solution, to easily and confidently roll out mobile wallet applications within a few weeks.

MatrixHCE is a proven software solution that effectively protects sensitive data on mobile devices and allows mobile phones to be used as payment cards (credit, debit or prepaid) in the retail environment and supports key features such as transaction logging, receipts, biometric authentication and token processing.

“INSIDE Secure is thrilled to extend our relationship with Visa to deploy issuer wallets based on MatrixHCE, one of the first mobile payment solutions for banks,” said Andrew McLennan, executive vice-president of INSIDE Secure’s Mobile Security Division. “MatrixHCE future proofs investment into payment solutions by meeting the latest HCE standard and anticipating future requirements including updatable whitebox cryptography to protect tokens, code and data.”

Banks that choose to partner with INSIDE Secure benefit from a streamlined engagement and deployment process; a secure and comprehensive SDK to meet wide range of issuer needs; pre-approved and integrated with Visa token servers; and support for other leading payment networks.

To learn more about MatrixHCE and its benefits, please visit: http://www.insidesecure.com/Products-Technologies/Mobile-Payment-and-Banking/Matrix-HCE