Innovation at the Mobile World Congress part 2
by Paul Ruppert
NFC using the phone’s audio channel to transmit secure data signing transactions.
Translation: How to use the phone’s voice channel as an NFC (Near Filed Communication) device enabling mobile payments transactions. Really? What are you making a call to use the channel? No.
Like GestureTek, Tagattitude shows combinatorial innovation where a set of seemingly unrelated component technologies can be combined for new innovative applications. It uses NSDT (Near Sound Data Transfer). Consequently any existing or future mobile phone can make a secure mobile payment transaction similar to those of specialized NFC services requiring embedded handset software, clients or other more complicated and costly NFC solutions. Time saver, money saver, means faster to market in the NFC world. 
I like Tagattitude since it fills technology gaps and provides interoperability which are key factors in harvesting revenue from mobile technology. It provides a technical bridge until the complete, more robust deployment of NFC solutions hits the marketplace. It offers low cost contact-less services for non-NFC phones. It can be a backup for NFC services in case of temporary unavailability. It offers immediate contact-less payment solutions to begin educating the market. Great value proposition.
All these leapfrogs the need and necessity for hardware medication or software injections while awaiting for mobile phones with new technology. It uses a previously otherwise used audio channel as a cryptographic pipe to transmit secure transaction data. Very clever. This simple use of “current pipes” is ideal for established and emerging markets.
Imagine you’re a street agent for a carrier in an emerging economy country and would like to have a transfer from your phone account to a subscriber’s. With Tagattitude, the agent’s “point of sale terminal” can be his mobile phone, and he can readily accept and make transactions. This is significant to the operators as well since they can transform all their prepaid accounts to essentially pre-paid money accounts thus offering mobile payments to all their customers. An FI (Financial Institution) can also launch mobile payment solutions independently of all telecom operators.
Founded by three French smart card and telecoms execs, Yves Eonnet, Loic Eonnet and Herve Manceron, the company is based in France and funded by Innovacom, Orange France Telecom’s venture arm.
