Paymotech and Palmtree Alliance for Secure Mobile Transactions
16/06/10
Paymotech has entered into a joint venture with UK based Palm Tree Technologies to implement the privacy enhancing technologies to protect their global mobile users when they use the comprehensive line of telecommunication and payment services . These solutions are offered worldwide in both emerging and developed markets. The company offers services that include money transfer services, mobile wallet, mobile payment solutions, low cost mobile phone solutions and VoIP all integrated into a single product offering.
Commenting, Michel Poignant, CEO of Paymotech, says:
"Working alongside the leader in the development and deployment of privacy enhancing technology will build confidence and trust in our services. Paymotech is growing rapidly, which reinforces our commitment to deliver brand innovation to an ever-growing mobile community. This initiative will build customer loyalty and trust in some of the world’s most competitive mobile marketplaces. We look forward to a long and prosperous relationship.”
Key Points around this partnership:
• Customers will benefit from a protected environment on their mobile devices.
• Both companies will focus on building trust around the new mobile medium.
• Palm Tree Technology PLC is the leading pioneer in bringing privacy enhancing technology to the mobile transactions space.
Mr. Christian Hessler, Chief Technology Officer, of Palm Tree Technology quoted:
“Implementing LiveEnsure™ into Paymotech services will provide safe and secure mobile authentication for their users when they top up and use their phones. Their users will rest assured that they can use the broad spectrum of Paymotech services safely and without fear of fraud or Identity theft."
Currently 2.7bn people living in the developing world do not have access to any sort of financial service. We see increasing use of Mobile payments transforming the way people in the developing world transfer money and Paymotech is poised to offer more sophisticated mobile payments and banking services which could make a real difference to people's lives.
To read the entire press release, click below.
Paymotech_Press
For further information, contact:
Palm Tree Technology PLC:
Louise Robertson
Marketing and Corporate Communications,
Palm Tree Technlogy PLC
louise@palmtreetechnology.com
Global Transaction Handbook Features LiveEnsure™
19/05/10
To quote:
“Today security is cumbersome, often expensive, reliant on third parties and difficult to scale. For take up to achieve critical mass and thereby mass acceptance of the use of the mobile for financial transactions – a security solution needs to incorporate the following attributes:
• Stateless (no physical manifestation – either a dongle or software download);
• Secure against all known threats (validated by third parties);
• Simple (easy to use with minimal user training /education);
• Readily available (self serve registration on-line/SaaS solution);
• Easy to integrate into mobile applications; ␣ Not be reliant on third parties for
• authentication.
“...Working in this space is PalmTree Technology, with their Live Ensure™ service capability, which takes a different approach to security that is non- nvasive and significantly easier to implement and operate than techniques dependent on peripherals. Palmtree Technology take a market approach to security – the issue is cross-function and geographic – not case by case based on individual transaction types. Taking identity at market level, cloud thinking is a key construct for Live Ensure™ for tying access and usage policies to provisioning/monitoring systems that span external and internal processes. A multi-factor authentication process sets the stage for transactional security that assumes the bright lines of traditional security technology are approaching obsolescence....”
To read the entire handbook, download here:
Cash and Liquidity Handbook 2010
HP Global Security Challenge Finalist
14/05/10
LiveEnsure™ Beta Registration
21/04/10
HP Labs Security Challenge
24/01/10
ID Insure™ Mobile Agents
03/12/09
Palm Tree & Petra Announce HSBC Mobile Banking Solution
15/09/09
Petra Financial has successfully completed the integration of Palm Tree Technology's ID Insure™ into their Touchstone and Touchstone Mobile applications. HSBC's Mobile Payments Solution is one of their first customers. The combined solution provided by Palm and Petra has been adapted for use on most mobile devices to ensure its rapid and wide adoptions.
Click below to read the entire press release:
Palm, Petra and HSBC
Click below to read the entire press release:
Palm, Petra and HSBC
Palm Tree & Petra Release Intel Prototype
15/09/09
Petra Financial and Palm Tree Technology reveal at SIBOS secure Mobile Banking prototyped on an Intel Mobile Internet Device
Petra Financial and Palm Tree Technology have collaborated to demonstrate how the next generation of Mobile financial services will be able to use high powered Mobile Internet Devices and tablets that are ‘always on’ and will open up new markets for devices between smart phones and notebook computers. Read the entire press release here.
Press Release:
Palm, Petra and Intel
Petra Financial and Palm Tree Technology have collaborated to demonstrate how the next generation of Mobile financial services will be able to use high powered Mobile Internet Devices and tablets that are ‘always on’ and will open up new markets for devices between smart phones and notebook computers. Read the entire press release here.
Press Release:
Palm, Petra and Intel
Palm Tree Announces LiveEnsure™
09/09/09
Click to learn more and register for the Live Ensure™ beta program in fall 2009.
Palm Tree is Going to Sibos!
09/09/09
ID Insure™ Partnership with Petra Financial
14/05/09
LIke: http://www.petrafinancial.net
New Corporate Site
21/11/08
Palm Tree Partners with Verari, SGI
22/08/08
Palm Tree Technology has partnered with Verari Systems (www.verari.com) and SGI (www.sgi.com) to provide global hardware and software platforms, support and service around the globe. These strategic partnerships will provide offer world-class pre-sales and post-sales ID Insure™ technical support in every language/territory as well as a cutting-edge hardware platform appliance for both the flagship ID Insure™ and volume ID Ensure™ technologies.
Verari Systems of San Diego, CA is one of the world’s leading server hardware vendors with clients ranging from Industrial Light and Magic, Pixar, NASA, and Microsoft to Intel, nVidia and Goldman Sachs. Their FOREST technology is leading the way to green data centers and computing operations around the globe.
Silicon Graphics Inc. (SGI) is a leader in high-performance computing. SGI delivers a complete range of high-performance server and storage solutions along with industry-leading professional services and support that enable its customers to overcome the challenges of complex data-intensive workflows and accelerate breakthrough discoveries, innovation and information transformation.
Palm Partners with MAST Labs USA
15/06/08
Palm Announces New CEO
01/06/08
Palm Tree Technology PLC announces a change in leadership in the form of newly minted CEO, Ross Macdonald. 
Ross is an international business developer and entrepreneur in the IT and Telecommunications sectors. He was a part of the MTN start-up team in 1993 and served as Group Executive for International Business Development thereafter. In this role Ross was the architect of the international expansion strategy and he led the Groups successful bids for numerous mobile licenses across the African Continent. After leaving MTN in 2002, he relocated to the UK where he continued his work in Telecommunications by operating a specialist Telecoms advisory and consulting business. He was a founder of the Adage Group of Companies which plays advisory roles in Telecoms and IT businesses in the UK , Africa and the Middle East. He is a founder and director of ConvergeNet Holdings Limited an ICT services and solutions company listed on the JSE. He holds other directorships. A University of Cape Town graduate, Ross holds a B.Sc. degree in Engineering as well as an MBA. Ross succeeds Founder and former CEO, Delon Dotson. Dotson will remain on the board of directors as he pursues other operational endeavors and creative startup opportunities in the US. The company is grateful to Delon for his guidance, wisdom and leadership in creating and shepherding Palm Tree the last 4 years.
ID Insure™ 2.0 GA Release
12/05/08
ID Insure™ 2.0 features the following:
- Scalable Message-Queue Architecture
- Native Factor Implementation
- Digimetrics™ LSB
- Client Skins
- Full i18n/l10n Support
- Full, Mobile and LE agents
- Java/Java-less Operation
- Enhanced Host API
- Phone Banking API
- and much more.
For more information on the ID Insure™ technology licensing or demonstration, contact info@palmtreetechnology.com.
Palm Tree Markets in Brazil, UAE
14/06/07
Palm Tree in Financial Times UK
15/04/07
Successful ID Insure™ Security Audit
13/05/06
"The ID Ensure™ client was found to be a secure means of authentication. The current level of encryption offered by ID Ensure™ exceeded the current levels of [that] offered by HTTPS, commonly used by majority of web-based banking and online transaction services."
David Van Spall
DVS Systems Security Ltd.
Lloyds of London selected Security/Audit Firm
David Van Spall
DVS Systems Security Ltd.
Lloyds of London selected Security/Audit Firm
ID Insure™ 1.0 Debut
06/05/06
Sun Architect Joins Palm Tree Team
22/05/05
Dan Moore Reviews Fullwave™ Prototype
05/02/05
"The FullWave I audio file compared to the standard .mp3 file is...well, not even a comparison."
"From working with some of the early audio compression codecs, I have witnessed a gradual improvement of audio quality coupled with decreasing audio file sizes as the years have passed. Because audio files are really just a collection of samples that re-create the sound, maintaining the original characteristics of those samples is directly proportionate to the resulting sound quality. But the popular existing audio codecs, such as the ones that create .mp3 files and others, have introduced aliasing and artifacts as basic side effects of audio file compression. This has been viewed by the marketplace as an acceptable trade off for the convenience of the newer music playback products, such as computer jukeboxes and personal audio file players.
Now, that sacrifice is no longer required. The FullWave audio file format is the ultimate breakthrough of this technology trend. When I first heard the FullWave audio file compared to a standard .mp3 (converted at 128Mb/sec), I immediately noticed a wider depth to the sound, more precise overall frequency response, and clear high-end tonality and crispness. In comparison, the .mp3 file had a damped, blanketed sound that resembled listening to a song from another room with the door closed. The FullWave audio file opened that door and made me believe that I was no longer listening to an audio file, but rather the original master recording. It was almost as if someone had cross-faded the audio coming out of my computer to the sound coming from my home stereo. And the best part is the size of a FullWave audio file is about one-third the size of an .mp3 equivalent. So, not only can I now get full resolution sound quality out of my audio files, but I can get three times more music into the same data storage medium(s). This is truly a win-win for both the digital audio industry as well as music consumers utilizing these products and/or services.
The art of recording and audio production is to "capture a moment in history", and maintain the original essence exuded by the artist throughout the production process. But over the last decade, music enthusiasts have come to accept sub-standard audio quality in exchange for convenience and portability. With the new FullWave audio compression utility, that sacrifice is no longer a requirement. Music consumers and enthusiasts can now enjoy the accuracy and detail that was originally intended by the great producers and engineers of the world - without the hindrance of unwanted artifacts and other side effects of the existing audio file compression codecs."
If the music truly matters, then there's no question that FullWave is the next wave. Catch it."
- Dan Moore
Product Manager
Mackie Corp.
Now, that sacrifice is no longer required. The FullWave audio file format is the ultimate breakthrough of this technology trend. When I first heard the FullWave audio file compared to a standard .mp3 (converted at 128Mb/sec), I immediately noticed a wider depth to the sound, more precise overall frequency response, and clear high-end tonality and crispness. In comparison, the .mp3 file had a damped, blanketed sound that resembled listening to a song from another room with the door closed. The FullWave audio file opened that door and made me believe that I was no longer listening to an audio file, but rather the original master recording. It was almost as if someone had cross-faded the audio coming out of my computer to the sound coming from my home stereo. And the best part is the size of a FullWave audio file is about one-third the size of an .mp3 equivalent. So, not only can I now get full resolution sound quality out of my audio files, but I can get three times more music into the same data storage medium(s). This is truly a win-win for both the digital audio industry as well as music consumers utilizing these products and/or services.
The art of recording and audio production is to "capture a moment in history", and maintain the original essence exuded by the artist throughout the production process. But over the last decade, music enthusiasts have come to accept sub-standard audio quality in exchange for convenience and portability. With the new FullWave audio compression utility, that sacrifice is no longer a requirement. Music consumers and enthusiasts can now enjoy the accuracy and detail that was originally intended by the great producers and engineers of the world - without the hindrance of unwanted artifacts and other side effects of the existing audio file compression codecs."
If the music truly matters, then there's no question that FullWave is the next wave. Catch it."
- Dan Moore
Product Manager
Mackie Corp.
Dr. Berkovski Reviews PTT IP
15/09/04
ID Insure is an encryption technique and protocol designed to secure the transmission of information between a trusted provider such as a financial institution or e-commerce website and their customer. Its design requires the cooperation of both the content provider and the consumer. Using machine specific information, the system delivers a file which can be opened only on the specific machine for which it is intended. Unlike other encryption techniques, each ID Insure file is unique. A machine is identified by a signature created in the combination of numericised data from physical attributes of a specific machine and personalized consumer data. These machine signatures are stored in thousands of templates and delivered randomly at the time of transmission to both the client and server. This technique leaves only milliseconds for an interceptor to attempt to decode the system.
MiniMP3 is designed to reduce the overall size of existing mp3 or AAC files by more 60%. The system identifies redundant frames in small blocks and stores them only once. This technique is called Frame Redundancy Elimination. These blocks are then replayed in the proper sequential order of the music through a series of mathematic pointers. MiniMP3 is not an audio codec but is rather a programmatic application used to process the result of other well known and standardized codecs.
FullWave I is a new audio codec designed to deliver an audio file at CD quality which is 1/3 the size of the current standard files like mp3 and AAC. FullWave I uses separate techniques for encoding and decoding and Uses mathematic pointers to reconstruct the sequentially of the music thereby avoiding the bloat of an encapsulated file. The codec uses two major techniques to achieve file size reduction. The first is stated in the description of miniMP3 above. It is called Frame Redundancy Elimination.
After scanning the digital audio footprint, the system identifies small blocks of redundant frames. Rather than storing these frames multiple times in an encapsulated file as do other codecs, FullWave I stores them only once and replays them in the proper sequence using mathematic pointers. The second is a unique approach to audio storage which uses the spectrum itself as a storage medium. Digital Audio is divided into sections and stored as multiples of the original values. These waveform blocks are separated well enough to avoid aliasing or harmonic bleed.
FullWave II is advancement upon the work of FullWave I. It delivers a far smaller file at a higher bit rate. Using a fresh approach this codec will deliver the first wirelessly transmittable audio file at 24 bits. Although FullWave II uses the same techniques mentioned above in FullWave I, it does so in a unique way. All codecs of this type apply their algorithms to the finished stereo pair. FullWave II is applied by the audio engineer in the recording studio. It is applies to each of the many tracks used in a modern studio. These tracks can number well above 200. The file size reduction is greatly increased by working with individual tracks using the Frame Redundancy Elimination and audio storage techniques employed by the FullWave codecs.
- Prof. Boris Berkovski