Minneapolis, MN (PRWEB) April 19, 2013
NBS Technologies, a leading software provider for financial card personalization, announces MasterCard has evaluated Xpressi Trusted Service Manager (TSM) and added the product to its list of approved products.
Trusted Service Manager is a critical component in mobile payments. The TSM works behind the scenes to make the entire process of downloading payment account information onto a mobile device or payment device seamless. The TSM integrates both banking and mobile phone security systems to ensure that consumer credit card information is completely secure.
“NBS is pleased that the Xpressi TSM has passed MasterCard’s evaluation criteria,” Mike Fisher, NBS Software General Manager noted. “As financial institutions, mobile network operators, and service providers prepare to launch mobile services, we now have an accredited installation base to reference.”
“The mobile payment market is an exciting area of growth and NBS is uniquely positioned to provide a TSM that is a low cost alternative to other options,” Fisher added. “We have received orders for a number of TSM solutions that will be implemented this year.” NBS has several years of experience working with Near Field Communication (NFC), and the TSM is an extension of that expertise.
About NBS Technologies
For nearly 40 years, NBS Technologies has continued to be a leading developer and provider of equipment for card personalization, EMV compliance/migration, smart card manufacturing and semiconductor handling equipment.
NBS Technologies is a wholly-owned subsidiary of Brookfield Asset Management (http://www.brookfield.com), a global alternative asset manager. Focused on property, renewable power, infrastructure and private equity, Brookfield has over US$175 billion of assets under management and is co-listed on the New York (BAM) and Toronto (BAM.A) stock exchanges. NBS Technologies' head office is located in Canada with locations in USA, France and the UK, along with a worldwide dealer network. Please visit http://www.nbstech.com for more information.
NBS Technologies' head office is located in Canada with locations in USA, France and the UK, along with a worldwide dealer network. Please visit http://www.nbstech.com for more information.