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Paysys Selects NewNet Communication Technologies Secure Payment Transaction Solutions

Posted on: March 25th, 2015 by NewNet

 

Paysys deploys NewNet’s AccessGuard 1000 (AG1000) Secure Transaction Solution to offer new, secure payment routing options within the Malaysian market.

Lombard, IL March 25, 2015 — Paysys (M) Sdn Bhd, Malaysia’s home-grown information communication technology expert in the payment card industry, recently selected NewNet Communication Technologies AccessGuard 1000 (AG1000) for secure transaction transport within the Malaysian market. This system will enable the ability to offer new payment routing options with emerging smart devices for e-commerce/m-commerce transactions.
The AG1000 Mobile and Broadband IP Payment Transaction Transport and Routing system provides the highest degree of security to ensure transaction data confidentiality and safety, and improves the efficiency of transaction switching. The solution transports high volumes of IP-based payment requests and authorizations generated from IP POS, Web clients, mobile POS, smart terminal device, and internet based payment terminal devices.

“NewNet’s Secure Transaction Solutions will transport Paysys SSL based IP transactions with load balancing utilizing an integrated system solution delivering the highest levels of security as required by the payment industry,” said T.K. Cheung, President of NewNet’s Secure Transactions Division. “The AG1000 uniquely consolidates HTTPS & SSL transaction routing, SSL acceleration, and load balancing within a single system, providing exceptional scalability within a footprint that optimizes reliability and efficiency.”

As a partner of NewNet Communication Technologies, Paysys will offer NewNet’s Dial, IP transaction transport systems consisting of Total Control STG and AG1000 along with the latest TransKrypt™ Point-to-Point Encryption (P2PE) payment security for terminal line encryption and tokenization.
“The solution from NewNet Communication Technologies makes our Payment Processing Gateway PCI Compliant and provides better throughput & reliability for our customers” says Indran Candiah, Managing Director, Paysys (M) Sdn Bhd.

Interested in learning more about NewNet’s Secure Transaction solutions? Book a meeting with our team at ETA’s Transact 15 in San Francisco, California March 31 – April 5, 2015.

About NewNet Communication Technologies
NewNet is a premier global provider of next generation mobile technology solutions offering over 25 years of expertise across four businesses: Mobile Messaging, Secure Transactions, Interactive Voice Communications and Broadband Wireless. Dedicated to innovation, NewNet provides operators and enterprises with a broad range of solutions that optimize global communication opportunities. NewNet solutions are available in a variety of applications including on-site, hosted, cloud and managed solutions. For more information about NewNet and its businesses, visithttp://www.newnet.com

About Paysys (M) Sdn Bhd
Paysys (M) Sdn Bhd is a Malaysian Company involved in supply, maintenance and software development regionally for electronic draft capture and related Banking terminals. It is primarily involved with software implementations for the Credit Card industry and Wireless Gateway connectivity.

NewNet Launches New Payment Security Solution – TransKrypt™ P2PE with Tokenization

Posted on: November 3rd, 2014 by NewNet

 

NewNet’s TransKrypt™ Point-to-Point Encryption (P2PE) security solution allows merchants to limit their PCI compliance scope and reduce risk liabilities.

Arlington Heights, IL November 3, 2014 — NewNet Communication Technologies, a global provider of next generation technology with expertise in secure transaction solutions, announced today the launch of its new payment security solution TransKrypt™; a comprehensive point-to-point and tokenization solution that ensures complete payment data security for P2PE environments.
TransKrypt™ Point-to-Point Encryption (P2PE) security solution for Terminal Line Encryption and Tokenization allows merchants to limit their PCI compliance scope and reduce risk liabilities. TransKrypt™ P2PE provides acquirers, processors, financial institutions and network service providers with high-speed encryption and decryption capabilities to ensure the protection of customers’ sensitive transaction data.

“TransKrypt™ is another shining example of the NewNet Secure Transaction Business Unit’s commitment to providing our global customers with innovative payment security solutions as payment technology evolves” said T.K. Cheung, President of NewNet’s Secure Transaction Processing Division. “With multiple data breaches reported annually, a comprehensive P2PE and Tokenization security solution is vital for securing card sensitive data and significantly reducing the risk of multi-million dollar skimming data breaches”

With TransKrypt™ P2PE capabilities for Terminal Line Encryption and Tokenization, organizations can ensure protection from transaction security threats by streamlining the end-to-end payment security process.

Based on ANSI X9.24 standards and specified DUKPT mechanisms, TransKrypt™ P2PE security solution offers complete support for strong encryption such as AES and 3DES. TransKrypt™ P2PE utilizes FIPS 140-2 Level 3 certified HSM solution to securely store sensitive data and provide high speed encryption and decryption capabilities.

TransKrypt™ P2PE works seamlessly with NewNet’s existing Secure Transaction Portfolio solutions, processing 20% of all global payment transactions, including the AccessGuard (AG1000) and Total Control STG. The PCI compliant AG1000 and Total Control STG solutions enable fast transaction processing of transaction authorizations and process millions of IP-based transactions per hour.

Want to discuss more about TransKrypt™ P2PE with Tokenization Security Solution and see a live demonstration of AccessGuard and Total Control STG system ? Visit us at CARTES SECURE CONNEXIONS 2014 in Paris, November 4-6 in Booth 4H019.

About NewNet Communication Technologies
NewNet is a premier global provider of next generation mobile technology solutions offering over 25 years of expertise across four businesses: Mobile Messaging, Payment Security, Interactive Voice Communications and Broadband Wireless. Dedicated to innovation, NewNet provides operators and enterprises with a broad range of solutions that optimize global communication opportunities. NewNet solutions are available in a variety of applications including on-site, hosted, cloud and managed solutions.

For more information about NewNet and its businesses, visit www.newnet.com. Keep up with NewNet news by following NewNet’s Twitter feed at www.twitter.com/NNCT

Kineto Added to Growing List of Partners

Posted on: September 24th, 2014 by NewNet

My blogging has grown a little scarce over these last few weeks as our team has been working around the clock signing partners and finalizing the new additions to our rcsConnect infrastructure., and I have been globe-trotting to meet with operators.

Today I’m pleased to announce our most recent partnership with California-based Kineto Wireless. NewPace’s rcsCloudConnect, our hosted RCS solution, is now powering Kineto’s Smart Comms Application (www.kineto.com/ – insert exact URL to product). You can read their announcement here:

Kineto is a key innovator and leading supplier of smart offload solutions for smartphones. Their solutions enable mobile operators to use existing Wi-Fi in subscriber’s homes and offices to offload mobile voice and data services, improve mobile coverage and offer competitive mobile VoIP services, as well as enable voice over LTE. Kineto’s Smart Wi-Fi Application and hosted Smart Offload-as-a-Service, based on the 3GPP UMA/GAN standard, have been deployed by mobile operators around the world.

Kineto also provides Voice over LTE based on the VoLGA Forum specification which leverages the operator’s existing voice infrastructure to deliver a full-feature, cost-effective voice solution for LTE handsets. VoLGA lets operators protect their investment in the proven and expansive voice infrastructure while laying the foundation for a migration to IMS telephony.
Adding Kineto, to our growing list of partners is a testament to the interoperability of the NewPace rcsConnect infrastructure and the interest of operators in RCS. Our persistent goal is to provide mobile operators with the ability to integrate the rcsConnect infrastructure with a wide selection of technology providers satisfying needs of mobile operator, handset manufacturer and consumer simultaneously.

This partnership with Kineto further increases our customer outreach and business growth opportunities for NewPace. In addition, the seamless client integration we are able to provide with a growing list of partners continues to validate our solution.

The upcoming weeks at NewPace will be very exciting as we have many anticipated announcements regarding partnerships and product announcements to share.

–Brent

PAX Technology, Inc. Signs OEM Agreement With NewNet Communication Technologies

Posted on: March 28th, 2014 by NewNet

 

NewNet Communication Technologies has signed a North American OEM agreement for NewNet’s Secure Transaction products and solutions.

Arlington Heights, IL March 28, 2014 – NewNet Communication Technologies LLC, a leading global provider of innovative solutions for next generation mobile, fixed line networks, messaging and transaction processing, announced that PAX Technology , Inc. has signed a North American OEM agreement for NewNet’s Secure Transaction products and solutions.

PAX Technology Inc. (PAX), a leading global provider of electronic payment terminals, will begin to expand their already impressive North American portfolio through NewNet’s Secure Transaction Transport AccessGuard 1000 and the Total Control Secure Transaction Gateway solutions.
“NewNet Secure Transactions is pleased to be a partner of PAX Technology in providing secure transaction transport networking products to PAX’s expanding portfolio in North America” says TK Cheung, President of NewNet Secure Transactions unit. “This will enable PAX’s customers to deploy a complete end-to-end and secure payment solution”.

“NewNet’s extensive network product portfolio provides the same security and reliability that PAX values in its products,” said Andy Chau, president and CEO of PAX Technology, Inc. “Keeping payment transactions secure is the top priority for both PAX and NewNet making our companies a perfect fit to be working together.”
Security is handled with paramount importance on all NewNet Secure Transaction products, services and applications. The NewNet AccessGuard 1000 and Total Control Secure Transaction Gateway solutions provide the highest level of security needed for encrypting sensitive data and enabling safe, reliable transaction transport over several network types. “NewNet Secure Transaction products and solutions are fully compliant to PCI DSS guidelines and ensure the highest level of security for transactions” stated TK.

PAX will be showcasing POS terminals and solutions at the ETA Transact 14 in Las Vegas, Nevada. Visit booth #436 from April 8-10th to learn more about PAX payment solutions.

About PAX (www.pax.us) 
PAX is one of the fastest growing POS terminal manufacturers in the world. PAX has been serving the global retail marketplace for over ten years and has distribution in over fifty countries shipping over 6 million terminals worldwide in recent years. PAX offers a complete line of products and services supported by extensive R&D capabilities. In addition to a most competitive pricing model, quality assurance is the company’s top priority which enables PAX to have a strong advantage in the marketplace.

About NewNet Communication Technologies
NewNet is a recognized leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transaction processing. NewNet Communication Technologies is a part of the Skyview Capital LLC, portfolio of companies. For further information, please visit https://newnet.com/business-units/secure-transactions/ or skyviewcapital.com.

Spire Payments signs worldwide master distribution agreement with NewNet Communication Technologies

Posted on: November 26th, 2013 by NewNet

 

The NewNet Secure Transaction partnership will enable Spire Payments to offer a complete end-to-end solution for all payment transactions including mobile, EMV, contact and contactless.

 

Arlington Heights, IL November 26, 2013 – NewNet Communication Technologies LLC and Spire Payments have entered a distribution agreement for NewNet’s Traxcom Secure Solutions products and services enabling Spire to offer these products and services in all geographies except North America. NewNet is a global leader in mobility technologies with a primary focus in messaging, signalling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transactions, Interactive Voice Response (IVR), and mobile real- time charging and rating.

As Spire Payments continues its geographical expansion it is often asked by prospects and customers to advise on or recommend third party network and routing solutions that are compatible with Spire Payments devices. The TraxcomSecure network lends itself perfectly to the integration of next generation payment solutions such as mobile POS, where a number of different devices such as smartphones and tablets need to be integrated into the existing trusted and secure payments processing environment. This networking functionality provides a good strategic match for Spire Payments’ entire range of POS devices – including the PosMate SmartTM mobile POS unit.

NewNet also delivers the fundamental security capabilities needed to enable safe and reliable transport of financial transactions, security verification, or any data which requires high levels of industry standard data encryption over many network types. Besides traditional payments the Secure Transaction products opens up new opportunities for Spire Payments, especially in the area of MNOs, hospitality and healthcare verticals.

“Given the breadth of our experience in the electronics payment space, our customers have been looking to Spire to build a strong portfolio of payment solutions and to recommend third party secure payment routing and processing platforms. NewNet has a well-deserved reputation for quality and reliability, so we are extremely pleased to be able to offer the Traxcom Total Control and Access Guard products to our customers as part of a complete offering” stated Kazem Aminaee, CEO of Spire Payments.

TK Cheung, President of NewNet Traxcom Secure Transactions unit, stated, “The NewNet Secure Transaction partnership will enable Spire Payments to offer to its customers a complete end-to-end solution for all payment transactions including mobile, EMV, contact and contactless, and represents a win-win opportunity for both parties.”

The NewNet Traxcom Secure solution is being demonstrated at the industry leading Cartes Secure Connections Event during November 19-21 2013 show in Paris, France.

 

About Spire Payments

Transaction.Interaction.Convergence
In a world of converging technologies in which e-commerce, mobile commerce, and social networks cross over into traditional electronic payment, Spire Payments applies its thirty years of expertise to bring to market innovative, highly secure and future proof devices and solutions that promote seamless payment transactions to all end-points around a user experience that is both interactive and rewarding. Spire Payments, the fastest growing European POS solutions provider, is one of the original pioneers to develop world-class secure electronic payment solutions – from fixed, portable and mobile payment solutions to PIN pads and unattended terminals for integration with cash register systems and self-service kiosks

Serving market segments ranging from the financial and retail to hospitality and transportation and with offices in Spain, the UK, the Czech Republic, Dubai and Hong Kong, Spire Payments is a forward-looking alternative to traditional payment terminal suppliers. With some of the world’s top financial and retail organisations among its customers, the Spire Payments team will always be at the forefront of progress in electronic payments.

About NewNet Communication Technologies
NewNet is a recognized leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transaction processing. NewNet Communication Technologies is a part of the Skyview Capital LLC, portfolio of companies. For further information, please visit https://newnet.com/business-units/secure-transactions/ or skyviewcapital.com.

NewNet’s AccessGuard 1000 Enables Mobile and Broadband Payments for Middle Eastern Mobile Network Operator, Mobily

Posted on: October 21st, 2013 by NewNet

 

Mobily implemented NewNet’s AccessGuard to fulfill transactions for Mobile and Broadband payments with PCI DSS standards compliance for security.

 

Arlington Heights, IL October 21, 2013 — NewNet Communication Technologies LLC along with their reseller, Innovative Solutions, today announced that Mobily has implemented NewNet’s AccessGuard secure broadband and mobile payment platform to fulfill payment transactions for mobile and broadband payments. A wholly-owned portfolio Company of Skyview Capital, NewNet is a global leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transactions, Interactive Voice Response (IVR), and mobile real-time charging and rating.

NewNet’s AccessGuard system provides a solid solution for Mobily to offer Point Of Sale (POS) payment services, SSL IP services for HTTP and internet payment devices. The Access Guard solution provides Mobily with the highest level of performance reliability and PCI DSS standards compliance for security.

Mobily, a major mobile service provider in the Kingdom of Saudi Arabia, will be able to maintain their growth while meeting the unique data communications needs of high volume transaction customers through NewNet’s AccessGuard secure broadband and mobile payment platform. With the NewNet AccessGuard platform, Mobily can now provide enhanced mobile payment services with the highest levels of security and reliability to meet the growing demand for mobile payment services.

PJ Louis, CEO of NewNet, stated, “Our reseller, Innovative Solutions was a key partner in delivering our AccessGuard secure broadband and mobile payment platform to Mobily. Our AccessGuard solution provides Mobily with the advanced mobile payment solutions necessary to implement first rate next-generation wireless services, and carry out high volume, secure transactions for their customer base.” The implementation of the AccessGuard solution was quick, and simple, enhancing Mobily’s existing mobile network with improved service deployment and security from NewNet.

 

About NewNet Communication Technologies
NewNet is a recognized leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transaction processing. NewNet Communication Technologies is a part of the Skyview Capital LLC, portfolio of companies. For further information, please visit https://newnet.com/business-units/secure-transactions/ or skyviewcapital.com.

Skyview Capital Builds Portfolio to Enable Telecom and Software Growth

Posted on: August 27th, 2013 by NewNet

 

By Rachel Ramsey, TMCnet Web Editor

 

Despite the gloomy economy for the past few years, there are some industries that have seen immense growth, innovation and development. Take telecom, for example. More than $80 billion in telecommunications and cable transactions have been completed this year, including ones from DISH, SoftBank, Vodafone andVerizon (News – Alert).

“Companies are looking to grow through acquisition as demand slows for wireless and Internet services, and they’re seeking scale so they can afford to build the high-speed networks necessary for the latest mobile and video offerings,” a recentBloomberg (News – Alert) article said.

Skyview Capital, a privately held investment firm that specializes in the acquisition and continuous management of mission-critical enterprises, has built an expertise in carve-out transactions, particularly in the telecom and software sectors, and is actively looking for additional businesses to invest in.

This year, Skyview has definitely kept itself busy. In July it acquired the Mimio online education business from Newell Rubbermaid, which offers interactive teaching technologies to increase effectiveness and engagement in K–12 classrooms. It also acquired Interact Inc. earlier this year, a provider of interactive voices response (IVR) platforms and hosted IVR systems to help improve global communications, and the Tekelec (News – Alert) Mobile Messaging business.
Alex Soltani, chairman of Skyview Capital, said, “Skyview Capital has built up a strong reputation, performing carve out and buyout transactions. We have a team of operating professionals, who work with the management teams to stabilize and grow the acquired businesses.”

In addition to 2013’s acquisitions, Skyview’s current and previous portfolio includes Aserdiv, Collins Communications, Fastech Integrated Solutions (News – Alert), NewNet Communication Technologies, Ixilix, Solvport, PAS Technologies and Transcend Communications (News – Alert).  Skyview was recently honored by The Los Angeles Business Journal as one of the Top-25 LA-based private equity firms.

“At Skyview, we strive to create long-term sustainable value within the enterprises we acquire, by providing them the highest level of financial resources and operational acumen necessary to realize and achieve their full business potential. Our investment principles are driven strictly by growth – organic growth, growth through acquisition, and specifically growth through our partnerships with talented executives,” Soltani said.

For more information, visit www.skyviewcapital.com

NewNet Communication Technologies Traxcom Products Ensure Security in Transaction Processes

Posted on: July 27th, 2013 by NewNet

 

By Rachel Ramsey, TMCnet Web Editor

 

The proliferation of mobile devices has led to improved app development, features and capabilities. Think about how many different things you can accomplish from your smartphone or tablet alone – using GPS, sharing via social media, checking e-mail and making banking transactions or purchasing something online are not impossible feats. In fact, a recent U.S. Federal Reserve study found nearly 21 percent of mobile phone users have used mobile banking in the past year, and a Juniper Research (News–Alert) report predicts mobile commerce transactions to exceed $3.2 trillion by 2017. The rise in payment transactions means mobile device and network providers need to be prepared to offer high levels of security, safety and data confidentiality.

NewNet (News – Alert) Communications, a provider of solutions for next-generation mobile, fixed line networks, messaging and transaction processing, offers Traxcomsecure transaction processing solutions to provide a high degree of security to ensure data confidentiality and safety, and improve the efficiency of operations.

TMC (News – Alert) recently caught up with NewNet’s T.K. Cheung, SVP and GM of Secure Transaction Processing Division, to discuss the solutions, how they help set NewNet apart in the industry from competitors, what prompted NewNet to offerPCI (News – Alert) compliance with Traxcom and what’s in store for NewNet in the future.

The Traxcom solutions have facilitated secure, high-speed payments transaction aggregation from millions of POS/ATM/payment terminals and switching and routing of these transactions with high security to backend Financial Authorization Servers for more than 24 years. They target a variety of customers, including transaction acquirers, payment processors, banks, retailers, financial institutions, payment service providers, payment aggregators, transaction network service providers, fixed and mobile telecommunication network providers, Independent Sales Organizations (ISOs).

“We deliver secure payment transaction routing services for the legacy Dial POS terminals, now popular broadband and mobile payment terminals and fast emerging mobile smart POS and NFC Mobile Wallet transactions,” Cheung explained.

The Traxcom product portfolio includes the Total Control Secure Transaction Gateway (STG) Dial Payment processing system, which delivers a specialized suite that enables fast transaction processing of credit card authorizations, debit card fund transfers and health benefit authorizations, and AccessGuard 1000 Mobile and Broadband IP Payment Processing gateways, which are designed to process high volumes of IP-based authorization and payment queries generated from a “smart card” terminal device, and internet based payment terminal devices.

“Speed, security, stability and system availability are the key requirements of payment transaction systems and these hold the key parameters of NewNet Traxcom products as proven in the industry with our deployments with Tier 1 Acquirers, Processors, Wireline Carriers, MNOs (Mobile Network Operators) etc.,” said Cheung. “Security is the most critical aspect of payment transactions and having been in this business and working with some of the largest Tier 1 Acquirers, processor and carriers globally, we have remained in the forefront of offering most advance security for payment routing solutions with latest cryptographic methodologies.”

“NewNet’s Secure Transactions Business Unit provides mission-critical solutions to allow carriers and financial institutions to securely process electronic payment Transactions globally. As new point of sale (POS) payment platforms arise, there will be increased opportunities for NewNet’s Secure Transactions products and services. We are seeing traction domestically as these new digital payment platforms proliferate and as acquirers and ISOs seek innovative, customer-focused suppliers. We also see enormous growth in demand in emerging markets, which are experiencing rapid increases in credit card penetration and volumes,” said Matt Thompson, SVP corporate development, NewNet Communication Technologies
NewNet has integrated transaction processing, security handling, load balancing and network routing into a single system, thereby enabling customers to avoid the need for separate systems for each of the different functions.

“Our systems enable the customers to offer new payment solutions on emerging client/terminal devices by still connecting to existing authorization servers, thus bridging the future with present day systems,” said Cheung.

Traxcom and PCI Compliance

The Payment Card Industry (PCI) Data Security Standard represents a common set of industry standards to ensure the safe handling of sensitive payment card data information. These standards are founded by global payment brands – American Express, Discover Financial Services, JCB International, MasterCard (News – Alert)Worldwide and Visa Inc. – and have industry-wide participation from the payment industry ecosystem players comprising of banks, acquirers, processors, merchants, system providers, application developers and more. The PCI Security Standard council is responsible for the development, management, education and awareness of the PCI Security Standards, which cover the security requirements associated with multiple aspects of the payment industry.

NewNet serves a major role in the payment ecosystem. NewNet delivers market payment solutions that offer a true understanding of core payment functionalities, technology edge and far sighted vision which attempts to meet the following:

  • Enables the masses to make seamless payment transactions from mobile devices for card and non-card alternative payments
  • Offer integrated solutions for tokenization, data encryption, certificate management solutions for enhanced security of transactions
  • Advance commerce solutions for content streaming to POS devices which are touch points to consumers while in the middle of transaction authorization process
  • Provide innovative payment routing solution that avoids the need to store credit/debit card data or customer information on mobile devices for payment purposes
  • Work with financial institutions to offer payment processing systems that prevents the transfer of sensitive card data across public networks benefiting acquirers, processors, carrier and banks
  • Offer multicurrency and dynamic currency conversion solutions coupled with payment switching and routing
  • Ensure increased revenues for all entities in payment ecosystem by enabling faster, secure and reliable means of payment handling for e-commerce and m-commerce transactions

Putting Traxcom to Use
Point-of-sale (POS) acquirers and processors deploy NewNet’s Traxcom solutions for aggregating dial, broadband/mobile IP POS transaction from the merchant locations, utilize the multiple protocols supported on TC STG and AG1000 systems to handle a variety of transaction types, routes the transactions to the specific hosts depending on the transactions with high speed and security. They also collect transaction session data records for statistics, traffic reporting etc. to enhance their transaction management capabilities.

The solutions empower MNOs or wireline/broadband telcos to derive new sources of revenue and have a major role in the payment ecosystem, including one or more of the several possible services of mobile/broadband/dial transaction acquiring, mobile/broadband/dial POS transaction transport as a VAS and mobile NFC wallet payment transaction routing.

“We have a clear vision for the payment industry for today and tomorrow as we stay ahead of the technology curve and move along the path breaking changes in the areas for new payment options, new devices with advanced service capabilities and security enhancements and strive to bring those benefits in our products to the market as quick as the market can adopt,” Cheung said.

NewNet Communication Technologies Expands Sales Team to Grow Secure Transaction Solutions

Posted on: July 27th, 2013 by NewNet

 

By Rachel Ramsey, TMCnet Web Editor

Every day, the number of features, functions and capabilities on mobile devices continues to expand. One of the most common uses of these mobile devices, whether it’s a smartphone, tablet or laptop, is for financial purposes. Mobile banking, wallets and payments have become prominent-use cases in today’s on-the-go world, which require very secure solutions.

NewNet (News – Alert) Communication Technologies is a provider of mobility technologies focusing on messaging, signaling, wireless broadband, consumer Internet, multimedia content delivery, mobile advertising, secure transactions, interactive voice response (IVR) and mobile real-time charging and rating. The company hired four additional regional sales directors to its global sales team in the past six months in an effort to grow its secure transaction solutions for mobile payments, e-banking, transaction acquirers, payment processing, retailers, educational networks, NFC, mobile wallets and service providers.

“The NewNet Secure Transactions division offers a highly secure IP, dial, and mobile payment transaction switching router utilizing the latest technologies with high-performance dual crypto processors, extensive network management features, CDR analysis and reporting,” said TK Cheung, SVP and general manager, in a statement.
NewNet’s Traxcom AccessGuard portfolio is a suite of secure, high-performance, carrier-grade transaction processing gateway solutions. It enables mobile carriers, payment processors and acquirers, and financial application providers to expand traditional payment transaction services into the mobile universe and deliver new innovative services on smartphones, Bluetooth-enabled devices and apps.

Matt Thompson, NewNet SVP of marketing, said, “We are very excited to supplement our Secure Transactions’ division Regional Sales team. We have compelling products which can uniquely serve the growing needs of telecom and financial services providers in established and emerging markets. NewNet is able to leverage its deep knowledge of financial processing routers to deliver innovative solutions to our customers. The global electronic payments business is evolving rapidly and NewNet is at the forefront.”

NewNet also provides cloud-based voice broadcasting and outbound IVR solutions that offer flexibility in providing high-quality customer service, lower costs and a vehicle for alternative marketing campaigns to gain customer retention. It acquired hosted IVR platform Nimblevox by Interact earlier this year.

NewNet Communication Technologies Expands Global Sales Team to Grow Secure Transaction Router Business

Posted on: July 8th, 2013 by NewNet

 

Arlington Heights, IL July 8, 2013 -­ NewNet Communication Technologies, LLC, a wholly-owned Portfolio Company of Skyview Capital, and a global leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer Internet, multimedia content delivery, mobile advertising, secure transactions, Interactive Voice Response (IVR), and mobile real-time charging and rating, is pleased to announce the hire of four additional regional Sales Directors to their Global Sales team.

The addition of the Total Control compact IP transaction accelerator and Total Control Gateway to NewNet’s robust secure transaction portfolio provide enhanced transaction processing and security, and currently processes billions of transactions worldwide. TK Cheung, SVP and General Manager, says, “The NewNet Secure Transactions division offers a highly secure IP, dial, and mobile payment transaction switching router utilizing the latest technologies with high-performance dual crypto processors, extensive network management features, CDR analysis and reporting.” NewNet looks to expand their global reach of providing proven secure transaction solutions for Mobile payments, e-banking, transaction acquirers, payment processing, retailers, educational networks, NFC, mobile wallets and service providers. The latest enhancements to NewNet’s secure transaction portfolio provide unparalleled transaction routing, direct forwarding, enhanced encryption, and integrated payments, all on a PCI DSS industry standard security compliant system. Matt Thompson, NewNet SVP of Marketing, says “We are very excited to supplement our Secure Transactions’ division Regional Sales team. We have compelling products which can uniquely serve the growing needs of telecom and financial services providers in established and emerging markets. NewNet is able to leverage its deep knowledge of financial processing routers to deliver innovative solutions to our customers. The global electronic payments business is evolving rapidly and NewNet is at the forefront.”

As part of their global expansion goals, NewNet has added four new Regional Sales Directors to their team over the past 6 months. Edison Lima joined the NewNet team as the Regional Sales Director for Latin America after previous roles at Getnet and Hypercom. Mr. Lima brings over 20 years’ experience in corporate sales specializing in large contracts in the area of transaction processing and means of payment.
Dave Holman joined NewNet as the Regional Sales Director for North America after previous roles as the VP of Sales and Business Development for PayCommerce and EZIC, VP of Sales and Operations at Fast Transact, VP of Sales at Century Payments, and President of Foundation Merchant Services. Mr. Holman brings over 35 years of Sales Management experience at a senior level, and has brokered deals with the World’s two largest IBO companies as well as the largest professional sports brand in the World.

Tony Timpano joined NewNet as the Regional Sales Director for the EMEA region after previous roles at Hypercom and Ingenico. Mr. Timpano brings over 30 years of experience in computing and telecommunication sales and service, providing transaction process systems for fortune 500 companies as well as ISO’s throughout North America and abroad.

David Neo joined NewNet as the Regional Sales Director for APAC after previous roles at Verifone, Hypercom, and Vivotech. Mr. Neo brings over 30 years of experience, along with an extensive background in electronic funds transfer or transaction processing, mobile payments, smart cards, contactless RFID/ NFC payments, debit and credit cards.

“The continued growth of our secure transactions business, along with the addition of our Total Control, and Total Control Gateway solutions demonstrate our unrelenting commitment to excellence, as well as make us an attractive Network Access Control solution for financial services companies, processors, acquirers, and electronic payments companies.” said P.J. Louis, CEO of NewNet. “By adding experienced and highly respected professionals to our Global Sales team, we will remain well-positioned to handle the fast-pace growth we expect throughout 2013 and beyond.”

About NewNet Communication Technologies
NewNet is a recognized leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transaction processing. NewNet Communication Technologies is a part of the Skyview Capital LLC, portfolio of companies. For further information, please visit newnet.com or skyviewcapital.com, or send an inquiry to traxcominfo@newnet.com.

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