BNL, BNP Paribas Group announced on Monday (Sept. 19) the availability of a fully electronic PIN code distribution for its cards.
According to a press release, the electronic PIN code service is called cl SecurPin and is being provided by TAS Group, which is a company that provides software for eMoney and cashless payments.
BNL said it adopted the new service on Hello Mat! debit cards from Hello Bank!, the BNP Paribas Group’s digital bank active in Italy. According to the release, the customer gets the PIN for the card in the restricted area of the Hello Bank! site using the security codes generated from the Hello! app, which is downloadable for free on smartphones from all major app stores. In this way, cl SecurPin allows quick delivery of the PIN and is much more secure than a code issued on paper, which is generally subject to the risk of theft or loss.
“BNL continues investing in innovation and technology to make its service and offering model more and more competitive,” stated Marco Tarantola, deputy general manager in charge of the retail and private division of BNL, in the press release. “We believe that innovation, especially in an evolving industry such as banking, primarily means knowing how to propose solutions that bring concrete benefits for the customers in terms of simplicity, speed and safety for their daily professional and personal needs.”
In addition to electronic PIN management, TAS Group’s cl SecurPin service allows for more applications related to the use of tokens. Cl SecurPin integrates with the existing BNL core systems, is fully compliant to the standards set by PCI (Payment Card Industry sector regulations) and is applied to all methodologies and technologies employed by TAS Group for the implementation of solutions for the digital payments of the future as part of their cashless 3.0 platform, TAS noted.