Global Banking and Finance Review: MagicCube Introduces MC-Screen Shield for securing next-gen point-of-sale systems
Breakthrough Capability Secures Mobile- and IoT-Secure Devices, Allowing Consumers’ Mobile Devices to Turn into Full-Fledged PoS Systems
With new PCI standards set to come out at the end of the year, MagicCube, the creator of the world’s only Software Trusted Execution Environment platform (sTEE™), today introduced MC-Screen Shield™ as part of its growing product line.
MagicCube’s addition to its Shield product line paves the way for enabling displays of a regular consumer mobile device to be accepted as a PIN entry device (PED) by the payment networks.
MC-Screen Shield works in conjunction with MagicCube’s current product, MC-Token Shield™, which is gaining global adoption by innovative token service providers like Sequent and YellowPepper to secure token-based payments. MC-Token Shield is already capable of replacing the need for hardware-secure elements to build, deploy and remotely provision and manage point-of-sale systems and other IoT devices. With the addition of MC-Screen Shield, a regular consumer mobile device transforms into a full-featured point-of-sale system capable of securely accepting sensitive data, such as a payment card PIN, onto the touchscreen.