-- Trüb Launches its Service Provider TSM Service for Swiss Card Issuers
REDWOOD CITY, California, Sept.10, 2013 /PRNewswire/ -- Sequent Software (www.sequent.com) and Trüb AG (www.trueb.ch) today announced to have entered a technology partnership in which Trüb will use Sequent's mobile payments platform to provide over-the-air provisioning and lifecycle-management services for EMV-compliant bank cards, customer loyalty cards, access cards and transit cards on secure elements used in NFC mobile devices. For example, using the Trüb SP-TSM service, bank card issuers and other service providers can instantly provision their cards into customers' NFC mobile devices like Samsung Galaxy S4 operating on the Swisscom network.
"Using the Trüb service, Swisscom subscribers will soon be able to download their credit or prepaid cards into their SIM cards and together with NFC smartphones use them to make purchases from NFC-enabled merchants," said Sachin Mittal, Group Product Manager Mobile Payment at Swisscom. "Trüb and Sequent delivered a full set of capabilities while requiring the shortest time to integrate and complete user acceptance testing of their SP-TSM solution with Swisscom's MNO-TSM, part of NFC service platform, making them an easy choice for our future mobile payment programs."
Using Sequent's platform, the Trüb SP-TSM service offers a secure, over-the-air (OTA) channel for a broad set of card issuers to provision and manage the lifecycle of credit, prepaid, loyalty, reward, access, transit and other cards on the secure elements of mobile devices.
"Trüb has chosen the Sequent SP-TSM suite of products over five other technology vendors after a thorough evaluation process," said Fernando Dal Zotto, CEO of Trüb. "We found Sequent's solution to be complete, configurable and expandable, and over the past year we have established strong working relationships with Sequent's technical and management teams."
Trüb's provisioning service enables OTA card management on multiple mobile devices from Swisscom today, and other Mobile Network Operators in future. It works with multiple form factors, including secure element embedded in mobile devices, UICC/USIM-based NFC-enabled devices and microSD-based NFC devices. Trüb's SP-TSM is located in its High Security Area and currently undergoing certification approvals from Visa and MasterCard.
"We are delighted to partner with Trüb to deliver a compelling, capable solution for its client bank card issuers and for Swisscom," said Robb Duffield, CEO of Sequent. "Our partnership demonstrates how existing ecosystem players can easily and securely add powerful mobile channels that generate new, significant revenue streams."
About Sequent Software
Sequent provides a leading Trusted Service Manager (TSM) software and services platform. Sequent's comprehensive SE-TSM Secure Element Management service supports diverse contactless security technologies while rapidly onboarding issuers and application providers. Sequent's SP-TSM software enables banks and other service providers to provision and manage their own credentials on the secure elements of mobile phones. Sequent's Wallet Enablement Platform makes it easy to add Near Field Communication (NFC) payments and other credentials into rich, branded consumer mobile apps. For more information, see www.sequent.com.
PR Contact: Kirsten Strain, Sequent, +1-650-419-2713
About Trüb AG
Trüb AG is an international leader in the production and personalization of secure and high quality identity solutions. Trüb supplies national identity documents such as identity cards, datapages for passports and drivers' licenses, as well as EMV compliant banking cards. Solutions from Trüb are in use in more than 70 countries. For more information, see www.trueb.com.
PR Contact: Stephan Lips, Trüb, +41-62-832-00-00
About Swisscom Group
Swisscom is Switzerland's leading telecoms provider, with 6.3 million mobile customers, 902,000 Swisscom TV customers and around 1.7 million broadband connections (retail). In the first half-year 2013, the company's 19,859 employees (full-time equivalents) generated revenues of CHF 5,6 billion. Swisscom has a presence throughout Switzerland and offers a full range of products and services for mobile, landline and IP-based voice and data communication. Massive investments in network infrastructure ensure that this will remain the case in the future.
SOURCE Sequent Software