FIME receives latest nexo standards accreditation

FIME receives latest nexo standards accreditation
23.09.2019 10:36 am

FIME receives latest nexo standards accreditation

Risk Management

FIME has been authorized by PayCert to evaluate payment solution implementations against the latest nexo standards Acquirer Protocol v6.0. This completes FIME’s end-to-end portfolio of nexo standards services. It can now support nexo standards implementations with training and consultancy services, right through to the testing and the certification processes.

The nexo standards Acquirer Protocol standardizes the communication between the POI device and the acquirer hosts. It is utilized by banks, merchants, device manufacturers and payments processors. The protocol helps stakeholders significantly reduce implementation and system management costs, and deliver seamless interoperability across borders.

“Adoption of nexo standards protocols has gathered significant momentum. For our goal to bring interoperability to the acceptance ecosystem to be successful and sustainable, testing is fundamental,” comments Claude Brun, Chairman at nexo standards. “International testing labs like FIME support the expansion of nexo standards, foster innovation and speed up deployment of quality implementations. But this is just the beginning – we’re committed to delivering testing support across all protocols and look forward to FIME’s continued support.”

“It’s an exciting and pivotal time for nexo standards,” comments Arnaud Crouzet, Vice President, Security and Consulting at FIME, “European retailers are driving adoption, pushing global acquirers and POI vendors to keep up. We’re committed to supporting all stakeholders with the industry’s most extensive nexo standards offering. We’re offering dedicated end-to-end support with training and business consultancy, through to testing and certification. As champions of payments innovation and standardization, we look forward to contributing to the continued success of nexo standards.”

To learn more about the importance of nexo standards and how FIME can help ensure a smooth migration project, see our blog “What is nexo standards?”, download our eBook or visit the FIME website.

Related News

Wolters Kluwer and Vizor Software Announce Regulatory Reporting Partnership for Singapore Market

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business and Vizor Software, today announced a partnership for the Singapore market that will increase the quality of... Read more »

Eventus Systems rapidly expands market coverage, now actively surveilling 100+ venues globally

Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform... Read more »

Aire opens up insight service to help lenders keep pace with financial uncertainty

Aire, the credit insight service, today announced that it is offering free access to its range of real-time credit information... Read more »

BITA Risk wins Best Compliance Solution at Family Wealth Report Award in New York

BITA Risk part of corfinancial, a leading provider of specialist software and services to the financial services sector, announces today that it has triumphed at the Seventh... Read more »

Wolters Kluwer Grows Minnesota Staff by 25%

Global technology solutions provider Wolters Kluwer has been quietly expanding its Minnesotan HQ for its award winning Compliance Solutions business and other businesses that... Read more »

Washington Trust Bank Expands Partnership to Baker Hill NextGen

Baker Hill, the leading financial technology provider in delivering solutions for common loan origination, risk and relationship management, CECL, and smart data analytics,... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel