The hardware-backed trusted execution environment (TEE) technology hardware of mobile device and app security company Trustonic has become the first to complete the EMVCo Software-Based Mobile Payments security evaluation process. The TEE is a hardware-based security enclave of the main processor in a smartphone (or any connected device) that ensures sensitive data is stored, processed, and protected in an isolated, trusted environment. The TEE’s ability to offer isolated safe execution of authorized security software, known as trusted applications, enables it to provide end-to-end security ...