Strategic Alliance Provides Enhanced Fraud Prevention in Payment Environments; Nexus Software and Ingenico Deliver XFS-Compliant Payment Products.RALEIGH, N.C. -- Nexus Software, Inc., the world leader in integration middleware A redundant term for "middleware." The concept of middleware is integration. See middleware. and services for retail financial systems, announced a strategic alliance with Ingenico UK, the world's leader in secure payment transaction solutions. The strategic alliance enables Ingenico to offer its clients an eXtensions for Financial Service (XFS XFS X Font Server (Sun) XFS Extended File System XFS X-Fleet Sentinels (gaming clan) XFS Extensions for Financial Services (software interface specification) )-compliant interface into its hardware, such as personal identification number (PIN) pads, which facilitate transactions in retail and banking environments. In turn, Nexus Software will offer its customers support for Ingenico hardware that can be easily integrated into any banking payment environment. Ingenico PIN pads are used to enable EMV EMV Elektromagnetische Verträglichkeit (German: Electromagnetic Compatibility) EMV EuroPay, MasterCard, Visa (Smart debit cards) EMV Europay, Mastercard and Visa EMV Eftermiddagsverksamhet (Europay, Mastercard and Visa) chip and magnetic stripe A small length of magnetic tape adhered to credit cards, badges, permits, passes and tokens. The tape is read by magnetic stripe readers incorporated into ATMs, identification readers and payment terminals. transactions. By adding XFS capabilities through the Nexus INvolve product family, customers can utilize the functionality available in the Ingenico devices through open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced that are widely accepted in the market. "More and more banks are leveraging their investment in EMV cards and the PIN functionality they offer to enable secure identification of customers in the branch environment," said Nick Parsons Parsons, city (1990 pop. 11,924), Labette co., SE Kans.; inc. 1871. It is a shipping point for dairy products, grain, and livestock. Manufactures include ammunition, wire and paper products, plastics, and appliances. , Ingenico managing director, Northern Europe. "ID theft is a significant security threat, and our partnership with Nexus Software closes another door to criminals and - at the same time - improves the overall bank customer experience." "As fraud numbers continue to increase and identity thieves adapt to changing technology barriers, it is vital that financial institutions be able to easily integrate secure payment and transaction solutions regardless of core processing vendor or bank management architecture," said Skip Williams Ralph Williams, almost always referred to as Skip Williams, is an American game designer. He is married to Penny Williams, who is also involved with the games industry. , general manager for Nexus Software. "Our mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" alliance not only extends XFS capabilities and open standards to Ingenico customers and adds the choice of Ingenico products for all current and future Nexus INvolve customers." Nexus Software's INvolve family of products is multi-channel middleware, which simplifies the development, deployment and evolution of Windows(R) solutions that run on any major self-service ATM. INvolve also supports kiosk and branch teller environments - one API (Application Programming Interface) A language and message format used by an application program to communicate with the operating system or some other control program such as a database management system (DBMS) or communications protocol. for all financial devices regardless of delivery channel, vendor or device. About Ingenico Throughout the world businesses rely on Ingenico for secure and expedient electronic transaction acceptance. Ingenico products leverage proven technology, established standards and unparalleled ergonomics ergonomics, the engineering science concerned with the physical and psychological relationship between machines and the people who use them. The ergonomicist takes an empirical approach to the study of human-machine interactions. to provide optimal reliability, versatility and usability. This comprehensive range of products is complimented by a global array of services and partnerships; enabling businesses in a number of vertical sectors to accept transactions anywhere their business takes them. For more information about Ingenico, a leading supplier of electronic acceptance technology, please visit www.ingenico.co.uk. About Nexus Software Founded in 1985, Nexus Software is a world leader in integration middleware and services for retail financial front-end and mid-tier systems that connect devices to solutions and applications to delivery channels. The company's standards-based, vendor neutral solutions are installed in more than 150,000 ATMs, kiosks and branch teller stations at more than 900 financial institutions around the world. Nexus Software is headquartered in Raleigh, N.C., USA, with development offices in Portsmouth, England and Edinburgh, Scotland. For more information on Nexus Software infrastructure for the integrated bank, visit the company's Web site at www.nexussoft.com. |
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