Mobile credit card authentication reports that Arcot Systems and Diversinet have agreed to develop and co-market systems for mobile authentication of online credit card transactions.

Under the terms of the agreement, Diversinet will integrate its Passport SMS Messenger product into Arcot’s TransFort e-payments authentication product suite, thereby extending the TransFort platform further in terms of support for SMS wireless access. The combined solution will provide banks and other card Issuers with a new mobile device channel for delivering Verified by Visa and MasterCard SecureCode online credit card transactions.

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