Aconite, a developer of chip lifecycle management solutions for EMV cards, has said that its Smart EMV Manager solution has gone into production at Fiserv.
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Aconite’s Smart EMV Manager solution preserves the investment made by issuers and processors in their authorization platforms by providing fully-featured EMV capability in a plug-in solution.
The Smart EMV Manager will allow existing card authorization systems to process EMV card transactions.
The Smart EMV Manager will enable Fiserv to process EMV transactions across multiple card products and establish the foundation for enhanced chip capabilities as these are introduced in the marketplace, claims Aconite.
Bruce Hopkins, Fiserv general manager of credit and debit solutions, said: "We chose Aconite because of its record for delivering EMV processing into complex environments without the need for multifaceted changes.
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By GlobalData"Using Aconite’s solution provides the ability to process EMV transactions from credit and debit chip cards across multiple brands and networks. Aconite’s proven solution delivery capabilities and the quality of their products were critical to achieving our goals."
