FinDEVr Live: Hypori’s VMI Moves Fintech Mobile Apps to a Secure, Virtualized Cloud

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hypori.com | @Hypori_Inc

Hypori_FinDEVr2015_logoHypori’s virtual mobile infrastructure platform—VMI—shields enterprises from the risks of BYOD while providing a rich, responsive end-user experience, and a more secure, cost-effective, compliant solution for any organization. The highly scalable and flexible infrastructure helps commercial and public sector organizations bridge the gap between mobile productivity and mobile security.

Hypori’s platform can deliver any unmodified mobile application as a secure service on iOS and Android devices. It’s the only approved solution for accessing mobile apps on the NSA’s Commercial Solutions for Classified (CSFC) and can enable access to any mobile app as the ACE platform takes responsibility for all Common Criteria-mandated security capabilities, absolving the mobile app of these requirements. Hypori’s Virtual Mobile Infrastructure (VMI) platform allows enterprises to keep data and applications in the data center, while providing end-users with a secure and rich, mobile-first experience.

VISA Corp. and Hypori recently demonstrated a Point of Sale as a Service solution leveraging the ACE Platform at FinovateFall in New York City, including a remote access to Bluetooth PoS peripherals.

Key takeaways:

  • Hypori’s architecture for virtual mobile infrastructure
  • VISA case study for leveraging Hypori’s platform for securing mobile point-of-sale terminals
  • Overview of how Hypori’s platform can be used to secure other banking and finance applications on mobile devices

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Presenter: Sanjay Challa, Product Manager
LinkedIn | sanjay.challa@hypori.com

Challa is a senior product manager with 6+ years’ experience. Previously at National Instruments, Challa has had the opportunity to work with a diverse set of technologies and explore a variety of different markets globally.

Brian Kuwahara, Senior Director, Visa

 

Hypori Launches Android Cloud Environment with Remote Bluetooth Extension

HyporiThis post is part of our live coverage of FinovateFall 2015.

Making their way to the stage next is the team from Hypori.

In conjunction with a Fortune 100 financial services company, Hypori has added support for remote access to Bluetooth peripherals such as barcode scanners, card readers, and receipt printers. The use case is point of sale (POS), and the goal is to improve security for credit-card transactions from mobile devices by moving the POS app off the mobile end-point to a locked-down, instrumented operating system running in a secure data center: POS as a Service. Hypori is demonstrating a mobile credit-card transaction leveraging remote Bluetooth peripherals for the first time on the Finovate stage.

Presenters: CEO Justin Marston; Joel Schopp, senior software developer; Phil Kumnick, SVP, global acquirer processing

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Product launch: September 2015

Metrics: $13.9 million raised; 48 employees
Product distribution strategy: Licensed

HQ: Austin, Texas
Founded: August 2012
Website: hypori.com
Twitter: @Hypori_Inc

FinovateFall Sneak Peek: Hypori

HyporiHomepage

FF2015_logo_dateThe Sneak Peek series looks at the innovators demoing live onstage in front of 1,500 execs at FinovateFall. Get your tickets today and we’ll see you in NYC!

HyporiLogoHypori’s VMI provides remote access to Android virtual machines running in the cloud, solving BYOD challenges with a secure and separate OS.

Features:

  • Security: Separate OS in the cloud
  • Support: Single gold disk of Android to manage
  • Privacy: Like any other mobile app, avoids managing the personal device

Why it’s great
VMI: a mobile-first solution for a security-first mindset. Providing a virtual mobile device running in the cloud, enterprise-owned and -secured.

HyporiPresenter1Presenters

Justin Marston, CEO, Co-founder
Marston is a seasoned entrepreneur and holds multiple patents. He is a published author and a frequent speaker at international conferences.
LinkedIn

HyporiPresenter2Joel Schopp, Senior Software Developer
Schopp has 14 years of experience in virtualization; he previously was a virtualization architect at IBM and AMD.
LinkedIn

Phil Kumnick, SVP of Global Acquirer Processing, Visa
Kumnick is responsible for acquiring products and services, processing strategies for mobile POS, and for partnerships that drive acceptance.
LinkedIn

 

Finovate Alumni News

On Finovate.com

  • “FinovateFall 2015: Mapping Fintech’s International Neighborhood”

Around the web

  • Feedzai teams up with Socure to combine social biometrics with fraud-risk scoring. See Socure at FinovateFall 2015 in New York City next week.
  • Moven CEO Brett King joins the advisory board for Jumio.
  • Fiserv joins Visa, Citi, Nasdaq, and Capital One in $30 million funding of blockchain startup, Chain. Join Fiserv in New York City next week for FinovateFall 2015.
  • iSignthis confirms the adequacy of its KYC services for use by financial institutions in the U.S.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Hypori Introduces Seamless App Mode in Latest ACE Product Suite Release

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With version 3.1 announced this week, virtual mobile infrastructure innovator Hypori is unveiling the new “Seamless app” mode of its Android Cloud Environment (ACE). The technology gives users secure, on-demand access to hosted Android apps, while allowing icon shortcuts to be presented as they ordinarily would be. This ensures that users of other platforms and operating systems remain in a familiar environment.

“Users enjoy the same look and feel they are accustomed to and see only the hosted apps, regardless of the OS they have chosen,” says Brian Vetter, Hypori CTO. He called the technology “another example of our dedication to user experience.”

“We want to make it easy for any IT admin to dynamically provision seamless apps to users,” added company CEO Justin Marston.

See Hypori’s ACE Product Suite 3.1 interface in the video below.

Seamless apps have the same security reliabilities as a full virtual device, including two-factor authentication, FIPS compliant TLS 1.2 encryption, and no data-at-rest on the end point. The platform also keeps the apps and its back-end services protected by keeping everything behind the enterprise network’s firewall.

Developed in cooperation with the U.S. Department of Defense, Hypori’s Virtual Mobile Infrastructure helps enterprises accommodate mobile devices and BYOD policies by separating physical devices from potentially sensitive apps and data. The platform gives users access from their iPhone, iPad, or Android mobile device to a secure, virtual mobile device in the cloud.

Hypori raised more than $7 million early this year, and more than $6 million in March, for a total capital of more than $14 million. In April 2015, Hypori announced that its ACE Client had been approved for use with classified data by the National Security Agency (NSA). In May, Hypori earned the 2015 Mobility Tech Zone Product of the Year Award from TMC, and in June, the company announced that its VMI supported Red Hat Enterprise Linux.

The Austin, Texas-based company formerly known as DroidCloud was founded in 2012. Hypori will demo its technology live in New York at FinovateFall 2015. Early-bird savings are still available, so visit our registration section today.

Finovate Alumni News

On Finovate.com

  • “New Investment for Dealstruck Boosts Lending Capital to More Than $100 Million”
  • “Hypori Introduces Seamless App Mode in Latest ACE Product Suite Release”; see Hypori live in New York at FinovateFall 2015.

Around the web

  • DoubleNetPay co-founder and CEO weighs in on retirement planning in Employee Benefit News.
  • Bank Innovation: CurrencyTransfer is preparing for a “major funding round.”
  • TransferWise announces support for Apple Pay.
  • PayPal unveils six new features for its invoicing service.
  • ThetaRay opens up its first office in the U.S. See ThetaRay at FinovateFall 2015 in New York.
  • Expensify introduces new travel-and-expense platform with new integrations and partnerships.
  • TransferTo and PayPal partner to enable mobile top-up in Canada.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.