BALTIMORE, Oct. 26, 2015 /PRNewswire/ -- International EMV-ready payment enabler N&TS GROUP Corporation today announced a secure turnkey payment solution designed to seamlessly integrate existing financial institution systems with next-generation EMV card technologies. The N&TS GROUP Financial System Suite is fully PCI-compliant and features best-in-class native point-to-point (P2P) encryption.
The N&TS GROUP Financial System Suite leverages its 20 years of industry experience to give banks, credit unions and other financial institutions the tools they need to provide consumers with secure next-generation payment solutions. In addition to EMV cards and card management, the secure, turnkey Financial System Suite includes ATM and Web ATM management, home banking, and mobile banking — all with seamless activation, built-in disaster recovery, and limited infrastructure expense.
"New payment technologies, while essential to reduce payment fraud and scale with global consumer behavior, are often costly and time-consuming for financial institutions to adopt," said Alexander M Orlando, DBA Managing Director of N&TS GROUP. "The N&TS GROUP Financial System Suite modules greatly reduce operational costs for financial institutions and even turn e-payment technology into a secure source of revenue while allowing our clients to focus on their core business and keep up with the rapid pace of an evolving market."
N&TS GROUP was the first payment processor in the world to certify for P2P encryption. Our modular solution architecture allows financial institutions to transition away from legacy systems and take an a-la-carte approach to implement the features and solutions they need. All N&TS GROUP solutions, including the turnkey Financial System Suite, are available for a one-time perpetual licensing fee.
Financial institutions that are ready to transition to cutting-edge payment technologies can choose from a wide range of solutions in the N&TS GROUP Financial System Suite, including card management (ACFS®), terminal management (FTFS®), and the e-commerce payment gateway (IGFS®). ACFS® modules include international switching, clearing, settlement, acquiring, authorization, statements, ACS enrollment, issuing, and fraud prevention. FTFS® modules include dealer stations, point-of-sale management, ATM management, payment tokenization, and fraud prevention. IGFS® modules include a merchant plug-in, an e-commerce gateway, Buy Now functionality, payment tokenization, and fraud prevention. All modules can be implemented as stand-alone solutions or in the combination that is most appropriate for a financial institution's needs.
About N&TS GROUP
N&TS GROUP is a leader in enabling payment solutions and the first provider in the world to certify for Point-to-Point Encryption (P2PE). N&TS GROUP software solutions leverage more than two decades of experience in the payment ecosystem with a firm commitment to security and compliance. Today, N&TS GROUP is actively managing transactions in card-present and card-not-present environments and in multiple currencies, countries and circuits. With general headquarters in Europe and regional headquarters in London and Baltimore, N&TS GROUP is the trusted partner of financial institutions and large enterprises that need to process multi-channel transactions with simplicity and security. Learn more at http://www.netsgroup.co.
SOURCE N&TS GROUP Corporation