Prime Factors Adds Instant Issuance Support to BCSS – Paving The Way For Mobile Issuance Through a Single Key Management Platform

Share Article

Prime Factors, a technology leader in the payments ecosystem has expanded its BCSS Key Management EMV Data Preparation platform to include instant issuance of EMV smart cards at branch banks.

"The most effective means for an issuer to mitigate risk from a data breach is to maintain control of their most valuable assets, card holder data and their master keys.” says Patrick Riley, Prime Factors President.

A key benefit of EMV card issuance in a bank branch is “training” and “education” of a cardholder as to the differences in use at POS, ATM’s or wallet applications. Research shows when cardholders are educated on how to use new technology cards, they are more inclined to keep the card “top of wallet”. Traditional processes of centralized batch issuance can take days, even weeks to produce and deliver the same card. Expediting the card-time-to-market can have a direct impact to an issuer's bottom line.    

As mobile wallets gain traction, issuers want to be sure that any investments in their card issuance infrastructure is not wasted. Prime Factors instant issuance solution operates from the same platform as its mobile provisioning system. An investment in its instant issuance platform can be expanded to mobile provisioning when needed. Both issuance of companion cards and provisioning of mobile wallets can be conducted at the same time in a branch bank.

Issuers who perform EMV data preparation in-house using BCSS have gained control over the security of their most valuable asset – sensitive cardholder data and associated keys - thus reducing the risk of a breach. Initially, many have outsourced EMV issuance due to the perceived complexity. "The most effective means for an issuer to mitigate risk from a data breach is to maintain control of their most valuable assets, card holder data and their master keys. Generating EMV data preparation files in-house instead of outsourcing to third parties reduces the risk of the master keys becoming compromised, thus removing a potential breach in the issuer’s population of EMV cards in circulation, " says Patrick Riley, Prime Factors President.

Prime Factors’ BCSS is an application development accelerator and highly-specialized middleware that cuts costs by reducing the amount of programming required to develop and maintain a secure card issuance platform. Issuers now have the ability to leverage their investment through a single key management platform to support batch, instant and mobile issuance.

Issuers performing in-house EMV data preparation can now benefit from competitive pricing when selecting a service bureau for card production. The issuer is not locked into any one service bureau and can be selective based on cost and productivity.

For more information, contact the company at (888) 963-6358.

About Prime Factors,

Prime Factors has focused solely on the cryptographic needs of data centers for over thirty years. It creates solutions that make information security professionals' jobs easier while anticipating the market's next data security challenges. Prime Factors' encryption, tokenization, and key management products reflect those decades of experience, ensuring that their cryptographic integrity is fully complemented by simplified integration interfaces that reduce development cost and time-to-market. Customers can align a solution to their specific data protection goals, address regulatory compliance, and implement in less time than alternatives.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Tamie Millis

Jennifer Ayyad
Follow >
Prime Factors, Inc.

Visit website