Transaction Banking
The requirements of efficient transaction processing can only be met by industrial automation using highly standardized processes. The European market for monetary transactions will increase in volume by double-digit percentage rates in the forthcoming years. At the same time products are becoming more diverse and complex because of numerous innovations, regulatory requirements and standardisations (e.g. SEPA or Target II).
NOVOSEC offers consulting for the implementation of IT platforms for processing domestic and foreign monetary payments. Our consultants have in-depth knowledge of the process chain from order inflow through clearing to investigation and handling of returns.
Customer-specific Banking Access
For mass payment transactions there are countless banking systems using various banking standards such as BCS, EBICS, FIN/TS etc. for transferring monetary payment files and verifying their signature.
We support you in selecting and customizing the system for the optimal fulfillment of your requirements.
Cards: Acquiring, Issuing, Processing, Network Operation
The number of card-based payment transactions is steadily increasing and their processing is facing many challenges especially due to harmonization in Europe. Local card schemes (e.g. Girocard in Germany) are interconnected to other country-specific systems via EAPS and offer their own processing of international transactions by means of co-branding (maestro, vPay).
NOVOSEC's service offerings comprise the complete range of services. Our experts have detailed know-how in all aspects of card-based monetary transactions from issuing and acquiring all the way to processing and integration in the bank's backend systems. We support you in setting up your PCI-compliant payment service provider platform and integrate security standards such as MasterCard Secure Code and Verified by VISA.