Bull, Europay and the Slovenska Sporitelna Bank Announce the World's First Deployment Of EMV Off-the-Shelf Cards; More Than 100,000 Cards Will be Distributed in Slovakia.PARIS--(BUSINESS WIRE)--Feb. 25, 1999--Bull, Europay and the Slovakian bank Slovenska Sporitelna are delighted to announce the world's first deployment of 100,000 microprocessor cards complying with EMV EMV Elektromagnetische Verträglichkeit (German: Electromagnetic Compatibility) EMV EuroPay, MasterCard, Visa (Smart debit cards) EMV Europay, Mastercard and Visa EMV Eftermiddagsverksamhet (Europay-Mastercard-VISA) international standard and Europay's "off-the-shelf" specifications. This deployment - carried out in less than six months - is the fruit of close cooperation between Europay, European leader in payment systems, and Bull, world leader in microprocessor cards for the banking sector. EMV standard compatible, "off-the-shelf" cards will help banks migrate quickly and easily from magnetic strip to microprocessor cards. Slovenska Sporitelna, Europay member, is one of the major distributors of Maestro (1) (Maestro NT) An earlier name for scheduling software for Windows NT from Tivoli Systems, Inc. When IBM acquired Tivoli in 1996, the program was renamed IBM Tivoli Workload Scheduler. , one of Europay's debit/credit cards. Slovakia is the second country in the world to migrate to EMV standard microprocessor cards. More than 100,000 will be distributed. "Migrating from a magnetic strip cards to an EMV smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. is a major issue for banks. It will mean interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. , improve security and reduce fraud whilst providing a multi-application platform at the best price. This is why Bull is delighted to lend its experience gained over more than twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. in security to the operation" said David Levy David Levy may refer to:
Karoly Hodossy, vice president, Information Technology, Slovenska Sporitelna added, "In order to achieve such a rapid launch, we chose the Europay program because it provides a safe and long term solution whilst at the same time reducing investments and risks. This rapid and successful operation is the result of fruitful fruit·ful adj. 1. a. Producing fruit. b. Conducive to productivity; causing to bear in abundance: fruitful soil. 2. cooperation between us, Europay and Bull." Olivier Gyorffy from Europay, said "Our success illustrates the Europay's position as an "active partner for industry" in the interest of its members. We welcome this first operation with Slovenska Sporitelna and Bull, particularly considering the increasing demand for such products" CP8 is a trademark of Bull S.A. All trademarks, service marks and company names are the property of their respective owners. |
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