Debit Network Alliance selects Gemalto to guide EMV deployment strategy for U.S. debit card issuers
(Thomson Reuters ONE) -
Amsterdam, August 13, 2015 - Gemalto (Euronext NL0000400653 GTO), the world
leader in digital security, has been selected by the Debit Network Alliance[1]
(DNA), a consortium of leading U.S. debit network providers, to deliver EMV
consulting services. Gemalto's EMV Allynis Consulting Services are designed to
accelerate the deployment of EMV, significantly reducing time between DNA's
business plan and go-to-market. Gemalto's consultants recommended and executed a
strategy that details card, terminal and personalization requirements.
"Gemalto provided us with a comprehensive consulting program to validate our DNA
AID specification for market readiness," said Paul Tomasofsky, executive
director of the Debit Network Alliance. "Gemalto's EMV expert review of our
specification enabled us to confidently move forward in our deployment efforts."
With annual costs of card fraud in the U.S. alone estimated at $8.6 billion per
year[2], EMV will bring a substantial reduction in fraud from point-of-sale
(POS) to counterfeit cards. Gemalto consulting experts work with financial
institutions to determine the debit or credit chip card profile that meets their
current needs. To simplify the transition process, Gemalto also provides EMV
card issuance and fulfilment services thanks to its large EMV footprint in the
U.S.
"Our consulting experts have provided their services to over 150 institutions in
54 countries and are able to go beyond card migration, working with customers to
outline their business and technology considerations for other forms of payment
such as contactless and mobile," said Bertrand Knopf, Senior Vice President of
Secure Transactions for North America at Gemalto. "Based on our experience in
hundreds of global chip deployments and issuance of over three billion EMV
cards, we were able to provide DNA with a validation that their solution is
market ready."
[1] The founding networks of DNA, AFFN®, ATH®, CO-OP Financial Services ®,
Jeanie®, NETS®, NYCE®, Presto!®, PULSE®, SHAZAM®, and STAR® joined together in
a collaborative effort to provide interoperable adoption of chip technology for
debit payments, while supporting security, innovation, and optimal technology
choice.
[2] http://www.paymentsleader.com/will-retailers-be-ready-for-emv-by-oct-2015/
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security,
with 2014 annual revenues of ?2.5 billion and blue-chip customers in over 180
countries.
Gemalto helps people trust one another in an increasingly connected digital
world. Billions of people want better lifestyles, smarter living environments,
and the freedom to communicate, shop, travel, bank, entertain and work -
anytime, everywhere - in ways that are enjoyable and safe. In this fast moving
mobile and digital environment, we enable companies and administrations to offer
a wide range of trusted and convenient services by securing financial
transactions, mobile services, public and private clouds, eHealthcare systems,
access to eGovernment services, the Internet and internet-of-things and
transport ticketing systems.
Gemalto's unique technology portfolio - from advanced cryptographic software
embedded in a variety of familiar objects, to highly robust and scalable back-
office platforms for authentication, encryption and digital credential
management - is delivered by our world-class service teams. Our 14,000 employees
operate out of 99 offices, 34 personalization and data centers, and 24 research
and software development centers located in 46 countries.
For more information visit www.gemalto.com, www.justaskgemalto.com,
blog.gemalto.com, or follow (at)gemalto on Twitter.
Gemalto media contacts:
Nicole Williams Peggy Edoire Vivian Liang
North America Europe & CIS Greater China
+1 512 758 8921 +33 4 42 36 45 40 +86 1059373046
nicole.williams(at)gemalto.com peggy.edoire(at)gemalto.com vivian.liang(at)gemalto.com
Ernesto Haikewitsch Kristel Teyras Pierre Lelievre
Latin America Middle East & Africa Asia Pacific
+55 11 5105 9220 +33 1 55 01 57 89 +65 6317 3802
ernesto.haikewitsch(at)gemalto.com kristel.teyras(at)gemalto.com pierre.lelievre(at)gemalto.com
Press release (PDF):
http://hugin.info/159293/R/1945252/705178.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Gemalto via GlobeNewswire
[HUG#1945252]
Unternehmensinformation / Kurzprofil:
Datum: 13.08.2015 - 07:01 Uhr
Sprache: Deutsch
News-ID 413366
Anzahl Zeichen: 5573
contact information:
Town:
Meudon
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 148 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Debit Network Alliance selects Gemalto to guide EMV deployment strategy for U.S. debit card issuers"
steht unter der journalistisch-redaktionellen Verantwortung von
Gemalto (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
