CPI Card Group has unveiled CPIMobile, a new solution to deliver secure digital credentials to mobile phones for NFC mobile payments using Sequent technology.
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The new solution enables bank issuers to participate in all mobile wallet deployments by provisioning credit and debit cards to both cloud-based Host Card Emulation (HCE) capabilities with tokenization as well as UICC and embedded secure element technologies.
CPI will utilize Sequent’s patented and commercially deployed Digital Issuance (SP-TSM) solution, a PCI and EMV compliant platform for over the air provisioning of cards to mobile devices.
Steve Montross, president and CEO of CPI Card Group, said: "Banks globally want to be ready to provide secure mobile payment services that cover 100% of their customer base, regardless of the underlying technology, and to participate or launch mobile wallets with any partner in any geography.
"Over the past years, CPI has worked with Sequent on defining a value proposition and product vision to meet these needs. We are confident that we now have a flexible and adaptable solution to provide our customers the choice for any card, any technology and any app through Sequent."
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