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Bell ID and Aconite deliver joint EMV solution to major Saudi Arabian bank
London, 17th May 2006
Bell ID, worldwide technology leader in the field of smart card management solutions, and Aconite, the leading provider of EMV technology and consultancy, today announced that they have joined forces to provide a full EMV migration solution to one of the top banks in Saudi Arabia.
The solution completes the link between traditional card management systems and authorisation hosts, facilitating the issuance of millions of EMV-compliant MULTOS cards and providing a platform for post-issuance EMV scripting as well as the issuance and management of multi-application smart cards.
The joint solution combines Bell ID's ANDiS4EMV Card, Application and Key Management Systems (a powerful, dynamic solution for the management of card life-cycles, from data preparation to post-issuance) with Aconite's EMV Transaction Enabler (a cost-effective EMV transaction processing solution and upgrade path for legacy authorisation systems). Aconite's EMV Script Processor (ESP) completes the offering, allowing the generation, management and delivery of scripts to update cards dynamically after issuance and manage offline risk securely.
This advanced integrated EMV migration solution has been designed to support the recent Saudi Payment Network (SPAN 2) upgrade, meeting the requirements for Dynamic Data Authentication (DDA), Combined Data Authentication (CDA) and offline authorisation limits.
Andre Kievit, regional manager Middle East at Bell ID: "We are delighted to work with this client on current and future phases of their smart card strategy. The contract constitutes yet another significant milestone for Bell ID in the Middle East and we are proud that this major issuer has endorsed Bell ID and Aconite's joint EMV solution as best-of-breed technology."
Jan Dart, Head of Technology at Aconite: "This is yet another example as to how Aconite and Bell ID's joint EMV migration solution is meeting with considerable success in global markets. From early-stage basic EMV functionality to advanced post-issuance personalisation, in branch-issuance and scripting for EMV and non-EMV applications, this is a superior solution which will enable our client to truly maximize its EMV investments well into the future."
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