The new tags are based upon the SECORA Pay security solution.
Infineon claims that the Type 4B Tag is the first product worldwide certified by the NFC Forum that supports the contactless Type B protocol. It will be introduced during the NFC Forum Member Meeting to be held in Stuttgart, Germany, between 25 and 28 June 2019.
So far, NFC tags have been generally limited to use cases where security is not deemed to be critical – such as sharing URLs or exchanging business cards. However, they offer a host of benefits beyond general information sharing, and can also be combined with security critical payment applications. Their appeal is further increased by native support among a growing number of smartphone operating systems. Users can activate services via NFC connectivity without having to open an app, and thus instantly connect their mobile handset to e.g. smart devices like wearables or access shared services such as street scooters. This intuitive connectivity makes everyday digital transactions easier for consumers – without compromising on security.