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 agreement, the two industry leaders will be able to offer banks an end-to-end ready to use and customisable service,” Gemalto says. “As a result, issuers will benefit from quick time-to-market, flexibility and control of their customers’ data.
“Worldline will provide tokenization thanks to its Token Service Provider platform, while Gemalto will ensure the highly secured credential delivery services to embed these tokens into smartphone mobile wallets using its Allynis Trusted Services Hub.”
Full details can be found in the press release:
Gemalto and Worldline join forces to make mobile payment deployment fast and easy for bank card issuers
Bezons and Amsterdam, 6 April 2016 Worldline [Euronext: WLN], a European payment and transactional services market leader and Gemalto [Euronext NL0000400653 GTO], the world leader in digital security, are working together to enable seamless onboarding of banks and card issuers to mobile payment wallets provided by device manufacturers.
With this agreement, the two industry leaders will be able to offer banks an end-to-end ready-to-use and customizable service. As a result, issuers will benefit from quick time-to-market, flexibility and control of their customers’ data.
Worldline will provide tokenization, a key element of mobile payments which transforms a physical card into a digital token, thanks to its Token Service Provider platform, while Gemalto will ensure the highly secured credential delivery services to embed these tokens into smartphone mobile wallets using its Allynis Trusted Services Hub. Worldline will also provide additional identity verification and other issuing-related services. With this partnership, Worldline and Gemalto continue to actively contribute to a faster deployment of mobile payments with a bank-centric solution.
“Gemalto’s wide smartphone reach brought by our Allynis Trusted Services Hub along with Worldline’s strong presence in the processing business result in a scalable service which complies with scheme certifications,” said Philippe Cambriel, president for Europe, Mediterranean and CIS at Gemalto. “It will help Worldline clients to deploy third party wallets quickly and more easily.”
Wolf Kunisch, head of the global business line financial processing & software licensing and managing director of Germany & CEE at Worldline, says: “In this time of significant payment innovation, Worldline is the banks’ partner, helping them to offer new services to their customers. Our agreement with Gemalto will allow banks to get fast access, through existing connections, to many third party wallet platforms, thanks to our joint expertise’s and Allynis Trusted Services Hub, while keeping control and flexibility on the use of the payment data.”
Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2015 annual revenues of €3.1 billion and customers in over 180 countries. We bring trust to an increasingly connected world.
Our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.
Gemalto’s solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software – enabling our clients to deliver secure digital services for billions of individuals and things.
Our 14,000+ employees operate out of 118 offices, 45 personalization and data centers, and 27 research and software development centers located in 52 countries.