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The intertwining of telecom, banking, and M2M/IoT produce a new degree of complexity. We hope our COMPRION glossary helps you to get a good overview of all the connected terms, technologies, and concepts.
Sequential bidirectional data flow.
Virtual and exact representation of a smart card using only software. Prior to the HCE architecture, NFC transactions were mainly carried out using the Secure Element (SE). HCE enables the following: merchants to offer payment cards solutions more easily through mobile, closed-loop contactless payment solutions, real-time distribution of payment cards and, more tactically, allows for an easy deployment scenario that does not require to change the software inside the terminal.
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