Sagem Orga and Sheltering, ICT Security Solutions Italian company, have
signed a distribution agreement beginning in January 2007 to deliver
Sagem Orga’s banking smart cards solutions to the Italian market.*
The alliance will focus on Italian Banks and European large scale
issuers with operations in Italy.
Sagem Orga and Sheltering have formed an alliance to deliver a combined
European service infrastructure for EMV banking cards to service the
banking market in Italy. As a specialist in smart card technology for
the German, French and European debit and credit markets, Sagem Orga
strengthening its position in Europe for the migration into a Single
European Payment Area. In September of last year, Italy – with
PagoBancomat and Bancomat – has joined the Euro Alliance of Payment
Schemes to become pan-European.
With Italian banks buying assets in Germany, France and Eastern Europe,
the alliance will provide best-of-breed service and support to Italian
financial institutions by offering a complete EMV product and service
portfolio in a broader European service delivery model:
– Contact EMV cards adhering to the latest CPS standards
– Online authentication solutions (CAP)
– Contactless smart cards (Paypass, Visa contactless)
– Comprehensive personalization package
– Consultancy, training and professional project management
underpinning the technology
“The alliance with Sheltering is a further milestone for Sagem Orga. We
are already leading providers of EMV card technologies in the markets of
France, Turkey and Germany, and this agreement gives us greater access
to Italy and the opportunity to support the expansion of our rapidly
growing customers in Europe,” commented Silvio Stockmann, Vice President
and Head of Business Unit Banking. “We understand that issuers need
increased flexibility from their suppliers; innovative card products,
digital security solutions, and simple delivery models. The alliance has
the experience and agility to meet and exceed these needs with the most
attractive commercial terms,” Stockmann added.
Sheltering, which last year achieved leadership on the Italian market
for EMV cards and solution supplies, services Italian companies and
financial institutions with integrated electronic security for payment
transactions and identification and has a teamed with Sagem Orga to
provide avant-garde technologies and comprehensive service.
“We are extremely pleased to be part of Sagem Orga’s European service
delivery model. I strongly believe that with our lasting experience, our
Italian production site and service center combined with Sagem Orga’s
EMV and SEPA solutions expertise, we bring to the Italian banking arena
a truly credible alternative matching the dynamic needs of our national
financial institutions,” notes Maurizio Berti, General Manager of
Sheltering.