FIME is a trusted provider of consulting services, certification and tools. It enables customers to bring seamless card and mobile transactions services to market effectively and confidently using secure chip or cloud-based solutions.
FIME has performed the first automated Mastercard Test Equipment Interface (TEI) Level 2 payment terminal compliance test. Point of sale (POS) terminal provider PAX Technology fast-tracked commercial launch using FIME’s test tool and laboratory services. The automated process helped PAX Technology to reduce costs, development and compliance times by up to 50% for this and future projects.
FIME has joined the Berlin Group’s NextGenPSD2 Advisory Board, a pan-European technical standardization body. Additionally, FIME is participating in NISP, which supports the implementation of the NextGenPSD2 XS2A interface, as defined by Berlin Group and in compliance with PSD2. FIME’s expertise will guide the stakeholders of the group’s open banking API standard in defining and testing efficient implementation solutions.
FIME has been authorized by PayCert to evaluate payment solution implementations against the latest nexo standards Acquirer Protocol v6.0. This completes FIME’s end-to-end portfolio of nexo standards services. It can now support nexo standards implementations with training and consultancy services, right through to the testing and the certification processes.
FIME’s EMV®* 3-D Secure (3DS) test platform and laboratory have been qualified by EMVCo for ACS component testing, protocol 2.1. The combination of an automated test platform and the expertise of FIME 3DS experts brings agility and efficiency for payment solution providers (PSPs), EMV 3DS vendors and banks while ensuring the compliance of new authentication implementations. With the platform, they can accelerate the testing and certification of their 3DS ACS solutions according to the EMV® 3-D Secure Specification.
To support India’s EMV® migration, FIME is launching the country’s first Level 1 contactless testing laboratory and certification services. Payment terminal manufacturers will benefit from local support for their EMV projects, optimizing time to market and costs.
FIME has supported the Taiwan Association of Information and Communication Standards (TAICS) to standardize contactless transit fare collection and micro retail payments. To address the challenges presented by varying standards across different devices, FIME was tasked with defining specifications and establishing certification requirements.
FIME has announced the availability of TrustAPI, a fully automated test tool for open banking APIs. Banks and Third-Party Providers (TPPs) can now quickly verify APIs against PSD2-compliant standards, fast-tracking the launch of open banking services.
ID TECH has received the industry’s first EMV®* Contactless Interface v3.0 approval for its ViVOpay line of contactless payment devices. FIME’s services were instrumental in certifying ID TECH’s contactless product with EMVCo’s updated EMV Level 1 Specification.
FIME has enhanced its support for the payment acceptance ecosystem’s migration to nexo standards. Now a Board Member of the organization, its expanded services offer unrivalled end-to-end support for nexo standards projects to payments acceptance stakeholders.