ACI Worldwide, a leading international provider of enterprise e-payment solutions, announces the licensing of its MONAD multi-application smart card management system to Bank of America, the largest bank in the U.S. Bank of America will use MONAD to build the necessary infrastructure to manage multi-application smart cards. The MONAD product suite enables Bank of America to manage the complete life cycle of smart cards and smart card applications including full enrollment, application management, card issuing, personalization, post-issuance of multi-application smart cards and security.
“ACI is committed to provide the solutions required to integrate the multiple entities involved during the life cycle of a smart card,” said Marlin Howley, general manager of ACIs Electronic Commerce business unit. “MONAD provides a fully integrated end-to-end solution that is designed for high volume smart card issuing and life cycle management. With it, Bank of America can maintain a unique identity through its issued cards and deliver the services it wants–in the way the bank wants them delivered–securely and reliably.” ACIs MONAD smart card management solution currently supports more than 20 million multi-application cards on different operating systems/smart card platforms worldwide.
ACI Worldwide (Nasdaq: TSAI) is helping customers change the way the world works with solutions designed to improve the way we live, work and shop. Every minute of every day, financial institutions, retailers and networking industries rely on ACI e-payment solutions to smoothly move money and information. As a leading international provider of e-commerce and e-payment solutions, ACI maintains operations in the Americas, Europe/Middle East/Africa and Asia/Pacific. More than 2,300 customers in 79 countries use ACI distributed solutions. Visit ACI Worldwide on the Internet at www.aciworldwide.com.