Alea
Ok, So I was off base on my TNC example and we are back to the Secure Element discussion and who controls it and which one will prevail.
I think you said elsewhere and I agree with you, that Wave delaying their entry point in the mobile space is not necessarily a bad thing. Let the MNO's, Device OEM's, Banks figure out what they want and then Wave can build their TAN (Trust Area Network) around it.
As long as it has a MTM and Trusted Execution Environment somewhere on the device it's good for Wave.
If it takes an "age" to sort out, well there is Golf, cards and the PC space.
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