Tag Archive for: Payment traffic

20 years SRC

20 years SRC

20 years ago, on 27 November 2000, the founding meeting of the share­holders of SRC took place. That is a long time, but in retro­spect it does not seem to be the case for the acting persons. This perception is of course subjective, but a decisive factor will certainly be the rapid devel­opment in the field of infor­mation technology.
The complexity of digital­i­sation and the constantly growing need to create trust in new solutions is the business basis of SRC, the essential reason why SRC exists. At the same time this is also a big oblig­ation — namely to ensure that new digital solutions are really trustworthy.
SRC’s work on such things that many people experience in their daily life can be explained vividly. These are, above all, contactless payment by card and mobile phone, secure access to bank accounts by third parties, electronic patient files, secure commu­ni­cation in connection with the Galileo system and in the Bundeswehr, or even quite “mundane” things such as bottle deposit machines or tamper-proof cash registers — all topics of digiti­sation with which millions of people come into contact in one way or another every day. The devel­opment does not end there, with Open Finance, IoT and the increased use of AI methods there are still many exciting topics to be addressed.
None of these solutions has been produced or is operated by SRC itself, but we have made a decisive contri­bution to all of them: We provide confi­dence in these digital solutions — for relia­bility, security and future-proofness. We create “a good feeling” in dealing with digitalisation:
— Standards for new technologies create investment security,
— Reliable function­ality of new solutions through testing,
— Technical safety of new solutions through safety concepts and tests.
In fact, this “good feeling”, the trust, is something like the lubricant of digital­i­sation. For many people, the digiti­sation and mecha­ni­sation of everyday life means that processes are no longer manageable and the truth content of infor­mation is sometimes unclear. Trust makes it possible to reduce this complexity and often opens the door to accep­tance of the new ways of experi­encing and acting that digiti­sation aims to create.
The complexity of digital­i­sation and the constantly growing need to create trust in new solutions is the business basis of SRC, the essential reason why SRC exists. At the same time this is also a big oblig­ation — namely to ensure that new digital solutions are really trustworthy.
In the 20 years of SRC’s existence we have carried out more than 20,000 projects. Every year there have been more and also SRC has grown year by year — not only in terms of the number of employees, but especially in terms of the expansion of expertise, partly in areas that did not exist at the time of the foundation of SRC.
The current pandemic situation does not allow us to adequately celebrate our 20th anniversary, which we would have liked to do together with our customers. We are thinking about making up for this at a suitable time. But even without a party, we would be pleased if you, our customers, continue to place your trust in us.

EPayStandards Consortium

Frenchsys, Elitt and SRC found the EPay Standards Consortium

Together with the French partners Frenchsys and Elitt, SRC founds the EPayStan­dards Consortium, a cooper­ation to expand the consulting and support of inter­na­tional customers in the European payment traffic.

As a subsidiary of Cartes Bancaires, Frenchsys signif­i­cantly supports the technical and functional speci­fi­ca­tions as well as the integration in the French acquirer market.

Elitt focuses its activ­ities on the devel­opment of test case catalogs and test tools for terminals. Elitt also stands for innov­ative payment solutions.

SRC supports devel­opment and mainte­nance of the German girocard system. This includes the creation of functional and security speci­fi­ca­tions for all system compo­nents involved. Also the conception of innov­ative solutions for mobile payment is part of SRC’s service spectrum.

All three companies know the world of payment trans­ac­tions as essential carriers of European standard­ization initia­tives such as nexo, CPACE and the Berlin Group.

The EPayStan­dards consortium gives the inter­na­tional market for payment trans­ac­tions access to bundled technical and strategic consulting services. The corner­stone of the cooper­ation is laid with workshops for customers with cross-border opera­tions such as terminal manufac­turers and processing service providers.

In recent years, the European standards for payment trans­action terminals have developed further. This offers oppor­tu­nities especially for inter­na­tionally active acceptors to harmonize their terminal infra­struc­tures across borders. SRC and Frenchsys contribute detailed knowledge of these new standards and the two largest European payment trans­action markets and systems. Elitt completes the cooper­ation with its expertise in the technical prepa­ration of imple­men­ta­tions and certi­fi­ca­tions. Thus, the inter­na­tional market for payment trans­ac­tions benefits from the combi­nation of the strengths of the consortium partners.

Workshop concept eMail an: mailto:contact@epec-experts.eu

 

Tag Archive for: Payment traffic