Home Page ContentPress Releases Giesecke & Devrient Showcases Digital Banking Portfolio at Money20/20 Europe

Giesecke & Devrient Showcases Digital Banking Portfolio at Money20/20 Europe

by david.nunes

Giesecke & Devrient Showcases Digital Banking Portfolio at Money20/20 Europe

Munich, April 1, 2016 – At the Money20/20 Europe in Copenhagen, Giesecke & Devrient (G&D) will showcase its Digital Banking Services including Convego Hub and CloudPay, its consumer-centric services such as instant issuance, its mobile application platform Convego AppWorld, and its digital identity services.

“Money 20/20 Europe is the perfect platform for us to showcase our omni-channel solutions for banks,” said Edgar Salib, Group Senior Vice President Financial Institutions division at G&D Mobile Security. “The continuous growth of mobile payment and banking requires a combination of instant services and the highest security in all channels. We have been among the first providers of omni-channel solutions for banks, speeding up the digitalization of banking services and empowering financial institutions to enhance their customers’ experience.”

Salib went on to point out that the high growth figures both in mobile and contactless card deployments, evidenced by several market studies, have proven the benefits of contactless payment that make the everyday life of consumers more convenient. “G&D’s solutions for contactless payment, such as Convego CloudPay, have a proven track record by now as those have been implemented at several banks already. We provide the leading solution for mobile payment and HCE-enabled Android devices, with MasterCard, Visa as well as AMEX accreditation. Our solutions make payment really easy for the consumer, with fast provisioning in under 10 seconds and immediate payment execution. All consumers have to do to pay is to tap their payment card or phone.”

The Head of the Financial Institutions division at G&D sees another area of growth for G&D in remote payments: “Connectivity is available in every corner of the world. Consumers, once they have their payment credentials securely and conveniently stored on their phone, can easily pay through apps or alternatively via mobile web browsers. This will most likely change the payment landscape even more fundamentally than any contactless way of payment before.”

About Giesecke & Devrient

Giesecke & Devrient (G&D) is a leading international technology provider headquartered in Munich, Germany. Founded in 1852, the Group has a workforce of over 11,450 employees and generated sales of approximately EUR 1.83 billion in the 2014 fiscal year. 58 subsidiaries and joint ventures in 31 countries ensure customer proximity worldwide.

G&D develops, produces, and distributes products and solutions in the payment, secure communication, and identity management sectors. G&D is a technology leader in these markets and holds a strong competitive position. The Group’s customer base mainly comprises central and commercial banks, mobile network operators, business enterprises, governments, and public authorities. For more information, please visit: www.gi-de.com

Related Articles

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More