News

CSI supports tokenization for mobile payment security

Tokenization allows CSI customers to participate fully with leading mobile wallet providers, including the recently announced Apple Pay service.

September 11, 2014

Computer Services Inc., a provider of end-to-end technology solutions for financial institutions, has announced support of tokenization capabilities for all CSI debit and credit issuers, according to a press release from the company.

Tokenization allows CSI customers to participate fully with leading mobile wallet providers, including the recently announced Apple Pay service, by creating a digital payment token to replace the consumer's personal account number.

CSI customers also can provide their cardholders with enhanced security through the tokenization of the payment credentials.

"Ensuring that consumer data remains confidential and secure remains at the forefront of our mobile development priorities," said CSI CEO Steve Powless in the release. "This is just another step in our mobile payments strategy to bring advanced payment capabilities to banks of all sizes."

CSI's integrated payment and mobile banking services deliver a secure mobile commerce experience, as well as card on-off functionality and remote deposit capture, the release said.

CSI supplements tokenization with strong authentication programs, advanced card monitoring services and enterprise-wide risk management services.