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ACI Worldwide Introduces "Red-e" Platform for Multiple Smart Card Applications.


Business Editors

OMAHA Omaha, city, United States
Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857.
, Neb.--(BUSINESS WIRE)--Sept. 7, 2000

ACI ACI American Concrete Institute
ACI Arch Coal Inc
ACI Airports Council International (formerly Airport Associations Coordinating Council)
ACI Automobile Club d'Italia
ACI American Competitiveness Initiative
 Worldwide (Nasdaq:TSAI TSAI Transaction Systems Architects Inc ), a leading international provider of enterprise e-payment solutions, today introduced Red-e(TM)--a standard platform for multiple smart card applications. The Red-e smart card platform was unveiled today at a press show for the upcoming Cartes CARTES Computer Arts Centre at Espoo  2000 international forum on card technologies and security in Paris.

ACI's Red-e provides the first standard platform capable of supporting multiple smart card applications including credit cards, access/membership cards, electronic wallets and health records.

"Incompatibility of terminals, applications and management systems is no longer an issue," said Graeme Ward, chief strategy officer for ACI Worldwide's Commerce business unit. "Red-e sits above the operating system operating system (OS)

Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs.
 and binds these applications together in a secure environment. By providing a seamless method to manage cards, terminals and applications, ACI hopes to open the door to the smart card becoming a crucial part of everyone's lives.

"In the future, both businesses and their customers will know that when they see the Red-e logo on a card or terminal that they are using the safest, securest, most advanced technology available," Ward added.

The main benefit to Red-e cardholders is convenience--multiple cards and functions can reside on one card, and the cardholder card·hold·er  
n.
One who holds a card, especially a credit card.



cardhold
 can add or delete any applications. For example, when a family moves, they can use the multipurpose mul·ti·pur·pose  
adj.
Designed or used for several purposes: a multipurpose room; multipurpose software.


multipurpose
Adjective
 Red-e card to add loyalty programs for participating grocery stores in their new city.

For card issuers, Red-e offers the ability to provide multiple applications on one card, opening a gateway to a wide range of services.

About ACI Worldwide

ACI Worldwide (Nasdaq:TSAI) is helping customers change the way the world works with solutions designed to improve the way we live, work and shop. Every minute of every day, financial institutions, retailers and networking industries rely on ACI e-payment solutions to smoothly move money and information. As a leading international provider of e-commerce and e-payment solutions, ACI maintains operations in the Americas, Europe/Middle East/Africa and Asia/Pacific. More than 2,300 customers in 79 countries use ACI distributed solutions. Visit ACI Worldwide on the Internet at www.aciworldwide.com.
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Publication:Business Wire
Date:Sep 7, 2000
Words:354
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