Realsec certified the compliance of the EPP-002 model of GRGBanking with their Cryptosec Remote Key Loading (RKL) which based on cryptographic HSM last November.
Remote Key Loading is the process of distributing the Terminal Master Key from a central administration point to the EPP (Encrypted PIN Pad)/PED (PIN Entry Device).
With the introduction of new regulations and the need to comply with the emerging security requirements stipulated by the various credit card organizations and international standard bodies e.g. Visa, MasterCard etc., banks are finding themselves having to allocate an ever increasing amount of their administration budget in terminal key distribution and administration.
Using an automated key distribution solution, terminal operators have the opportunity to drive down operating efficiency ratios by the introduction of a fully automated process while establishing improved security policies.
GRGBanking is a leading provider of currency recognition and cash processing solutions in the global market with great potential and rapid development. GRG specializes in the development/ manufacturing of Automatic Teller Machine (ATM) for financial institutions and retailers, Automatic Fare Collection (AFC) devices for railway or underground systems, as well as other currency recognition and cash processing equipment, modules and systems for over 20 years. Besides, GRG’s various Multi-Channel Software Solutions and Services cover the needs of the financial industry, retail, transportation, payment, self-service, cash automation, cash management outsourcing and managed services, customized for different customers around the world.
Realsec is a technology company with international presence that develops systems and security solutions to protect the information of public and private companies. The company focuses on systems for encryption and electronic signature (hardware + software) with functional solutions already pre-installed that help clients to reduce costs and implementation time.