NewNet Communication unwraps Traxcom AccessGuard portfolio
NewNet Communication Technologies, a Skyview Capital portfolio
company and a recognized leader in mobile multimedia content
delivery, secure transaction processing and wireless network
infrastructure, has launched its Traxcom AccessGuard portfolio, a
suite of extremely secure, high performance, carrier grade
transaction processing gateway solutions. The AccessGuard product
suite 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 smart phones, Bluetooth enabled devices,
and with smart phone applications such as Smart Checks, e-Wallet,
Smart Cash and mobile
money transfers.
The AccessGuard platforms are fully compliant with Payment Card
Interconnect Digital Security Standards (PCI-DSS) and the Derived
Unique Key Payment Transaction (DUKPT) cryptography standards.
They are designed to deliver the required end-to-end security
features including SSL acceleration and offloading, digital
certificates, and state-of-the-art DUKPT powered encryption and
decryption for client applications. Secure connectivity to host
processor systems is provided using IPsec.
The AccessGuard portfolio of products support a broad variety of
industry standards and vendor proprietary payment protocols
including Visa I/II, ISO 8583 and TPDU, enabling interoperability
between client protocols and host processor protocols. It provides
intelligent routing of transactions to host processing platforms,
and supports load balancing and geo-redundant operations.
"The launch of the AccessGuard platforms demonstrates our strong
support and commitment to the recently acquired Traxcom business,"
said Ron Pyles, President and CEO of NewNet. "Mobile carriers are
exploring new services and applications to drive revenue and
growth. Our Traxcom product family and our innovative Mercury
mobile multimedia content delivery platform are very well
positioned to help our customers achieve their financial goals."
"Globally, mobile payment transactions will exceed $1 trillion by
2014," said Prasad Kallur, NewNet's Executive Vice President for
Business Development. "Ubiquitous availability of mobile
connectivity and the advent of a broad range of smart devices and
advanced feature phones will enable customers to deliver new
secure transaction services for mobile applications such as
payments, banking, money transfers and document exchange by
utilizing the versatile feature sets offered by the AccessGuard
platforms."
NewNet is presenting comprehensive demonstrations of the Traxcom
product suite at the Mobile World Congress in Barcelona, Spain.
