N&TS Group, an EMV-ready payment enabler, has introduced a secure turnkey payment solution that will help integrate existing financial institution systems with next-generation EMV card technologies.
The turnkey Financial System Suite, which is PCI-compliant and incorporates native point-to-point (P2P) encryption, has been designed to facilitate EMV cards and card management.
The solution will also help ATM and Web ATM management, home banking, as well as mobile banking with seamless activation, built-in disaster recovery, and limited infrastructure expense.
The new turnkey solution, similar to other solutions of N&TS Group, will have a one-time perpetual licensing fee.
N&TS Group DBA managing director Alexander Orlando said: "New payment technologies, while essential to reduce payment fraud and scale with global consumer behavior, are often costly and time-consuming for financial institutions to adopt.

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By GlobalData"The N&TS Group Financial System Suite modules greatly reduce operational costs for financial institutions and even turn e-payment technology into a secure source of revenue while allowing our clients to focus on their core business and keep up with the rapid pace of an evolving market."