Creating its own ITSO Ltd and EMVCo kernel would bring several benefits for The Hub:
Enhanced Control
Developing and managing an in-house ITSO and EMV kernel allows The Hub to have better control over its processes and technological advancements, ensuring seamless integration and adaptability to various payment platforms.
Comprehensive Solutions
By integrating ITSO (commonly used in the UK's public transportation networks) and EMV (using the global L3 standard for chip-based payment cards), The Hub can offer powerful, combined solutions that address operational efficiencies, security, reliability, and system integration challenges, ultimately benefiting the end-users.
Future-proofing
Developing its own ITSO and EMV kernel can position The Hub as a leader in technological advancements, ensuring that it remains at the forefront of transport infrastructure and digital payment solutions.
Customisation
With our own ITSO and EMV kernel, The Hub can easily tailor its solutions to meet our clients specific needs and industry requirements .
Efficient Updates
Owning the ITSO and EMV kernels lets The Hub expedite updates and maintenance, keeping solutions aligned with industry standards and consumer expectations.
Cost-Savings
The Hub is not reliant on 3rd parties, and their costs, to supply services. Whilst we have recently had the validation functionality both cEMV & ITSO certified - there is still a long way to go as we develop external API’d version of our Kernel for clients to acquire.
However, we’ll share updates here on LInked In as we progress towards our goal of creating ITSO and EMV kernel. Let us know if you want to know anything in particular about the process in the comments below.