BARCELONA--(BUSINESS WIRE)--Valimo, a leading software solution provider for mobile authentication and digital signature, has been chosen to provide its strong mobile electronic identity solution to leading Finnish operator Elisa. Valimo’s Mobile ID will ensure enhanced security for service providers and end users alike, offering the ability to sign legally binding agreements and contracts via mobile phone. It also opens the door to a host of additional benefits, such as access to eGovernment services.
Elisa’s innovative Elisa Lompakko service is the first large scale mobile wallet initiative in Finland. Valimo’s security-proven Mobile ID software will be embedded in all Elisa’s UICC as they contain the SIM and other NFC applications to provide seamless user authentication. Furthermore, it allows users to create a legally binding electronic signature by using a self-select PIN code. As a result, Elisa’s Lompakko customers will be able to use their phones for any transaction including ones with amounts above the €25 limit commonly observed in some contactless payment services in other countries.
Henri Korpi, Executive Vice President, Subscription Business, Private Customers, Elisa Corporation, said: “We needed strong security and signature capabilities for our first mobile financial product and we needed a scalable solution that could be used by all our service providers. The Valimo Mobile ID did just that, as well as offering our customers complete peace of mind. Valimo’ solutions are highly secure, fully scalable, available from all UICC vendors and integrate easily into our innovative new service Elisa Lompakko.”
Yousaf Ghous, Managing Director for Valimo, added: “Security and convenience are linked and undoubtedly the first concerns for mobile operators looking to offer contactless electronic wallet services. Valimo’s Mobile ID products provide a comprehensive answer, and unlock the full potential of NFC mobile phones to deliver ticketing, insurance and eGovernment services. Once a Mobile ID is created on a UICC, end users are only a tap of the phone away from signing up to new services and contracts.”
1 Public Key Infrastructure
Valimo turns mobile phones into digital identification cards. The new breed of Mobile ID replaces the need for a multitude of passwords and tokens. With Valimo technology, mobile phone users can securely authenticate themselves and legally sign documents, just by using their mobile phone and a simple PIN code. Based on Public Key Infrastructure (PKI) technology, Valimo Mobile ID works in every mobile phone with a SIM card inside.
Valimo's mobile signature solutions are global market leaders in terms of installation base and number of active users. Valimo solutions are used by mobile operators, banks, corporations, governments, public sector and other service providers. Founded in 2000, Valimo Wireless is headquartered in Vantaa, Finland. For further information, please visit www.valimo.com.