• Solutions
• By Industry
• By Business Need
• By Function
• Application Parameter Management
• Chip & Application Life-Cycle Management
• Chip & Application Personalisation
• Chip & PIN (EMV) Risk Management
• Chip & PIN (EMV) Transaction Processing
• Data Preparation
• Multi-application Management
• Post-issuance Updates
• Script Management
• Pre-authorised Spending Balance Management
• Prepaid Balance Management

Aconite’s EMV Risk Management Solution

The main benefit of migrating to chip and PIN (EMV) from magnetic stripe cards is generally seen as the reduction in fraud achieved through the better security of the cards. However, EMV has much greater potential for reducing costs, by improving credit and fraud risk management through use of the EMV risk management parameters. Losses due to bad debt are typically significantly greater than fraud losses. Issuers have been hampered in using EMV parameters effectively by the difficulties and cost of setting appropriate limits for individual cards. Issuers can overcome these obstacles with Aconite’s EMV Risk Management solution.

Aconite’s EMV Risk Management solution comprises of award winning components of our proven EMV FastTrack solution and our award winning Risk Status Translator product, allied with the experience and expertise of our consultants. Risk Status Translator enables you to automate EMV parameter setting for individual cards by linking your credit and fraud risk scoring systems with EMV script generation and delivery.

The key benefits of Aconite’s EMV Risk Management solution are:

• improved customer service, through the ability to set limits appropriate to the individual;
• reduced bad debt losses and provisions;
• reduced fraud losses; and
• lower operating costs, due to obviating the need for manual intervention.

Please contact us for further information about how our EMV FastTrack solution can meet your specific needs

• Site map
• Legal & Privacy

Capital Tower, 91 Waterloo Road, London, SE1 8RT, United Kingdom

Company number 3929079 - © 2012 Aconite