CSI Enhances Mobile Payment Security with Tokenization Support
September 11 2014 - 2:51PM
Business Wire
With more payment providers offering comprehensive mobile
wallets that allow consumers to store multiple card accounts and
conduct transactions via mobile devices, the need for security
increases exponentially. To deliver these additional security
features, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider
of end-to-end technology solutions that empower financial
institutions to remain competitive, compliant and profitable,
supports tokenization capabilities for all CSI debit and credit
issuers.
Tokenization enables CSI customers to fully participate with all
leading mobile wallet providers, including the recently announced
Apple Pay™ service, by creating a digital payment token to replace
the consumer’s personal account number (PAN). CSI customers also
can provide their cardholders with enhanced security through the
tokenization of the payment credentials.
“Ensuring that consumer data remains confidential and secure
remains at the forefront of our mobile development priorities,”
said Steve Powless, CSI’s chief executive officer. “This is just
another step in our mobile payments strategy to bring advanced
payment capabilities to banks of all sizes. We’ve recently launched
enhanced mobile banking applications and several mobile services,
including CSI’s Social Payments Instant Network (SPIN), which
provides person-to-person payments via mobile channels.”
CSI’s fully integrated payment and mobile banking services
empower financial institutions to deliver a secure mobile commerce
experience to consumers. Additional mobile card services include
CSI’s Card On/Off functionality, giving consumers greater control
over their cards, and mobile remote deposit capture (RDC).
Tokenization further complements the bank’s security and risk
management practices. CSI supplements tokenization with strong
authentication programs, advanced card monitoring services and
enterprisewide risk management services to provide comprehensive
security on all CSI platforms.
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core processing, managed
services, mobile and Internet solutions, payments processing, print
and electronic distribution, and regulatory compliance solutions to
financial institutions and corporate customers across the nation.
Exceptional service, dynamic solutions and superior results are the
foundation of CSI’s reputation and have resulted in the company’s
inclusion in such top industry-wide rankings as the FinTech 100,
Talkin’ Cloud 100 and MSPmentor Top 501 Global Managed Service
Providers List. CSI’s stock is traded on OTCQX under the symbol
CSVI. For more information about CSI, visit www.csiweb.com.
For CSIBrandon Dyce, 615-545-1675orDavid Jones,
678-781-7238orStephen Sprayberry, 678-781-7207
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