Token Service Provider (TSP)
News about Token Service Provider (TSP).
October 26th, 2016
PARTNER NEWS: Rambus Bell ID’s token service provider (TSP) service is being used by IBM Japan to support Japanese banks’ integration with Apple Pay, which went live in the country this week. Issuing banks can now work with IBM Japan to manage real-time enrollment, provisioning and tokenization, while Bell ID’s TSP solution also allows customers the option to authenticate themselves using existing credentials in their mobile banking app.
July 22nd, 2016
A 16-page white paper designed to help banks make informed decisions about bringing an Android-based mobile payments service to market is now available to download from the NFC World Knowledge Centre.
May 13th, 2016
NFC World’s ‘Case study — Lessons learned from selecting and implementing a tokenization solution able to serve 200 banks’ webinar is now available to view online. 271 people signed up to take part in the…
May 10th, 2016
PARTNER NEWS: Canadian national debit network Interac is using its Interac Token Service Provider (TSP) platform to support Apple Pay transactions made using its debit cards in Canada. The TSP solution was developed in partnership with tokenization and mobile payment specialist Bell ID in February 2016 and “[allows] Interac to support Apple Pay integration with secure tokenisation services,” Bell ID says. Support for Interac debit cards through Apple Pay went live on May 10.
April 20th, 2016
A 26-page white paper that explores tokenization, how it is implemented and the role of token service providers (TSPs), token vaults and token domains is now available to download from the NFC World+ Knowledge Centre. ‘Tokenization — Everything You Need to Know’ has been produced by Bell ID with the aim of educating issuers about the technology, with a specific focus on how tokens can be used to protect payments.
April 20th, 2016
PARTNER NEWS: Digital security giant Gemalto is working alongside European payment and transactional services provider Wordline to enable the “seamless onboarding” of banks and card issuers to mobile payment wallets provided by device manufacturers. “With this…
March 9th, 2016
PARTNER NEWS: A blog post by mobile commerce provider Proxama discusses the implications of Visa’s updated cloud-based payments specifications which include a requirement for issuers to migrate from alternate PANs to tokenization. “The new requirements from Visa could be met by using tokenization services from Visa or a third party TSP, but they also could be met by implementing an in-house tokenization solution — enabling the issuer to maintain control and reduce cost,” Proxama’s Rob Macmillan explains.
March 4th, 2016
Visa has updated its cloud-based payments specifications to include a requirement for issuers to migrate from alternate PANs to tokenization, NFC World has learned. Alternate PANs are used by most of the issuers that have…
February 23rd, 2016
Customers of four Canadian credit unions will be able to make host card emulation (HCE) based mobile payments at Interac Flash contactless terminals across the country from this spring. The service will be the first…
February 22nd, 2016
Canadian debit network Interac has unveiled its own token generation and management service that will enable financial institutions, merchants and its partners to build and manage secure digital payment experiences with support for tokenized digital…
February 18th, 2016
PARTNER NEWS: Bell ID has added support for Android Pay to its Token Service Provider (TSP) solution, allowing its customers at issuing banks, payment schemes and processors to keep tokenization and detokenization in-house when they offer secure NFC payments on Android phones using Google’s payment system.
February 16th, 2016
NFC World partners Giesecke & Devrient, Bell ID, Mahindra Comviva, NXP, Carta Worldwide, Gemalto and AMS will be exhibiting at Mobile World Congress in Barcelona from 22-25 February. Here’s what you can expect to see from these industry leaders and where you can find them during the show.
January 26th, 2016
PARTNER NEWS: Tokenization and mobile payments specialist Bell ID has been acquired by chip maker Rambus. Bell ID will form part of Rambus’ Cryptography Research division, which specialises in embedded security solutions including tamper resistance,…
January 8th, 2016
A white paper that clarifies the role of the token service provider (TSP) for banks and proposes five key features that financial institutions should look out for in a TSP is now available to download from the NFC World+ Knowledge Centre. ‘Five key features to look for in a token service provider solution’ has been produced by Bell ID and aims to help banks decide on the most appropriate tokenization solution for their needs.
December 16th, 2015
A 12-page white paper that identifies the benefits of becoming a token service provider (TSP) is now available to download from the NFC World+ Knowledge Centre. Bell ID’s ‘Quick guide: Token service provider’ explains the tokenization process, describes the specific roles and responsibilities of a TSP in a tokenized payment system and sets out the key advantages to service providers of hosting their own token vault.
November 16th, 2015
PARTNER NEWS: Bell ID’s Host Card Emulation: NFC’s Missing Link white paper, which has been downloaded more than 800 times from the NFC World+ Knowledge Centre since it was published in late 2014, has been updated to include an exploration of the tokenization process and an overview of prevailing deployment models for issuers. “The revised ebook addresses new topics such as tokenization, token service providers, Android Pay and Samsung Pay, in order to provide relevant answers to today’s questions,” explains Bell ID’s André Stoorvogel. Readers can download the updated white paper free of charge here.
October 19th, 2015
PARTNER NEWS: Debit card payment network Eftpos is to use Bell ID’s Token Service Provider platform to provide secure tokenization services to the Australian payments industry. The deal will see Bell ID’s tokenization platform being integrated…
October 15th, 2015
PARTNER NEWS: Transaction technology provider Carta Worldwide has introduced an appliance-based turnkey solution that aims to dramatically reduce the time it takes for large banks, processors and domestic networks to bring tokenized HCE mobile payment…
May 6th, 2015
PARTNER NEWS: Tokenization solutions specialist Bell ID has drawn on experience gained from multiple live projects around the world to make the case for why a bank would become a token service provider (TSP) and manage its own token vault. In a detailed blog post, the company’s Hugo Crawford outlines the challenges, the solutions and the outcomes for a hypothetical European bank.
March 24th, 2015
PARTNER NEWS: Orders are up 75% year-on-year at HCE and tokenization specialist Bell ID, the company reports, “with 90% of all new orders and requests for proposals focusing on mobile solutions.” The growth in sales…