Datacard Group Announces Relationship with Aconite.Card issuers will benefit from one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. for EMV EMV Elektromagnetische Verträglichkeit (German: Electromagnetic Compatibility) EMV EuroPay, MasterCard, Visa (Smart debit cards) EMV Europay, Mastercard and Visa EMV Eftermiddagsverksamhet migration and smart card solutions MINNETONKA, Minn. -- Datacard Group, the world leader in secure ID and card personalization solutions, and Aconite aconite (ăk`ənīt), monkshood, or wolfsbane, any of several species of the genus Aconitum Technology, a leading provider of EMV and smart card software and consulting, today announced they have joined forces to offer customers complete EMV migration and smart pre-paid card solutions, including transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , scripting, key generation, key storage and clearing data validation In computer science, data validation is the process of ensuring that a program operates on clean, correct and useful data. It uses routines, often called validation rules, that check for correctness or meaningfulness of data that are input to the system. . These solutions bring together both companies best-in-class products: Datacard[R] Affina[R] Issuance and Affina[R] Enterprise software solutions and Aconite's EMV Script Processor (ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. ), EMV Transaction Enabler (TRxE) and Pre-Paid Value Manager (PPVM PPVM Pay Prevalidation Module PPVM Paying Prevalidation Module ). Together Datacard Group and Aconite will deliver solutions and expertise in the following three areas: EMV Migration, Smart Pre-Paid and Enterprise card management. "Combining our expertise in these key solutions supports our global commitment to innovation and our strategy to provide our customers with turn-key, market leading solutions," said Bob Beer, director of smart card marketing from Datacard Group. "Aconite's expertise in scripting, authorization and pre-paid solutions will complement and strengthen our market position in both EMV migration and the development of smart card solutions for our customers," concluded Beer. "This relationship reflects the synergy between our respective product offerings and positions us to respond to the strong demand for integrated and comprehensive EMV and smart card solutions," said Patrick Regester, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition of Sales & Marketing at Aconite. "Together, we provide all the pieces of the puzzle that card issuers need to facilitate EMV migration and enable them to enter the pre-paid smart card market quickly and cost effectively." At whatever stage a card issuer maybe with their EMV migration, be it early stage functionality or advanced development of their smart card offerings, the combined solutions are designed to integrate easily with existing host systems. With enhanced business solutions such as EMV scripting offline risk management and support for pre-paid cards, card issuers will be able to maximize their existing investments, and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. new market opportunities with minimum disruption and risk to their business. The companies will jointly market these EMV migration and smart card solutions; firstly in the UK and mainland Europe with plans to roll out to Asia Pacific and the Americas in the second half of 2007. About Datacard Group Datacard Group offers the world's best-selling secure ID and card personalization solutions. The company's portfolio includes systems for high-volume card issuance, card delivery, secure ID issuance and passport production, plus extensive service and supply offerings. Datacard Group serves customers in more than 120 countries (www.datacard.com). About Aconite Aconite delivers smart card payment solutions and consulting expertise to card issuers and processors around the world, providing a rapid and cost-effective route to smart card deployment and the delivery of innovative card payment solutions to new and existing markets. (www.aconite.net) |
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