20 October 2017
visit www.avoka.com

Giesecke & Devrient earns Amex accreditation for HCE

12 February 2016  |  3115 views  |  0 Source: Giesecke & Devrient

Giesecke & Devrient (G&D) is pleased to announce that its Convego CloudPay solution has achieved AMEX Enabled accreditation for cloud-based specifications.

The AMEX Enabled accreditation covers core services, including digital credential management, payment card provisioning and lifecycle management, as well as online data generation and related key management.

With Convego CloudPay, G&D is offering a mobile, cloud-based payment service, which meets the specifications of the leading international payment schemes. The solution comprises two main components: the CloudPay Server for mobile card provision and life cycle management, and the CloudPay Client software offering functions for digitalized payment transactions. The CloudPay Server enables banks' customers to automatically download their payment card credentials onto their smartphones via Host Card Emulation (HCE) technology by using their bank's mobile app. Thereafter, consumers can begin to use their mobile payment function.

“With this certification and licensing agreement, the Convego CloudPay solution can now be used globally by any bank wanting to issue American Express compliant HCE payment cards”, said Edgar Salib, Group Senior Vice President Financial Institutions division at G&D. “Consumers with an HCE enabled Android smart device can now apply for American Express services and branded payment cards. G&D becoming an AMEX Enabled partner further expands the options available for financial service providers with Convego CloudPay. Not only is our solution secure and complies with the payment scheme’s requirements, it is also highly performant, enabling instant provisioning and fast payment, resulting in an excellent consumer experience.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.fivedegrees.nlRegister now

Top topics

Most viewed Most shared
satelliteGates Foundation backs Ripple collaboratio...
8379 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8159 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7361 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6733 views comments | 10 tweets | 21 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6395 views comments | 14 tweets | 23 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job