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United States : IDEALINVENT, PRIME FACTORS® enter strategic partnership

July 3, 2014

A provider of Next Generation banking systems, IDEALINVENT, and has entered a strategic partnership with Prime Factors®, a company that provides cryptographic data protection platforms, to integrate the latter's Bank Card Security System® (BCSS) and its Card Security and Personalization capabilities into the former's ConnectCore Card Management offering.

The integration assures ConnectCore customers globally that key cryptographic payment card issuance functions are fully secure and sufficiently broad to fulfill their needs.

IDEALINVENT's head of Alliances and Partner strategy, Mridul Kumar Nath, said : "This partnership is one of the key steps we have undertaken to bring to market an end-to-and Card Management offering. Prime Factors is an ideal choice to provide the Card security functionality in our ConnectCore - Card Management offering as they are cryptographic data protection experts and a leader in the payment card security market."

Prime Factors' head of Product Management & Marketing, Jeff Cherrington, added : "We are delighted to join with IDEALINVENT as they work to address their customers' critical revenue generation and data protection needs. Our platform is designed for just such purposes, to quickly & easily integrate needed magnetic stripe and EMV-compliant card issuance capabilities, particularly the PCI required integration with complex hardware security module (HSM) interfaces, into existing applications."

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Source: TendersInfo (India)

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