Following its acquisition last year of Aconite Technology, London-based Proxama is looking to take NFC to a new level in 2015. The Digital Payments Division will be led by the team from Aconite and will enable card issuers and financial institutions to implement services such as tokenization and mobile NFC.
UK-based Proxama is in the process of acquiring San Francisco-based Aconite Technology. The deal will create an end-to-end solution for card issuers to migrate from magnetic stripe credit cards to both EMV-compliant chip-based cards and contactless payment-enabled mobile devices.
Aconite’s Smart EMV Manager system been interfaced to the Visa Mobile Gateway to enable the first mobile phone application for contactless payments in the Greek market. First Data Hellas selected Aconite’s Smart EMV Manager, which includes an EMV Scripting engine, to enable remote over-the-air management of the settings within the Visa mobile payWave EMV application installed in a custom SIM. Aconite solutions insulate banks and service providers from the complexity of the transition to mobile payments by making it a natural extension of their existing card issuing and management capabilities.
Aconite’s Smart EMV Manager system been interfaced to the Visa Mobile Gateway to enable remote management of the EMV application at the heart of the Tap n Pay service – the first mobile phone application for contactless payments in the Greek market, introduced by one of Greece’s leading banks together with one of the world’s leading mobile network operators in partnership with Visa Europe and First Data.
Aconite EMV transaction processing has interfaced its Smart EMV Manager technolog to the Visa Mobile Gateway to enable remote management of the EMV application at the heart of the Tap n Pay service – the first mobile phone application for contactless payments. Introduced in partnership with Visa Europe and First Data, First Data Hellas selected Aconite’s Smart EMV Manager, which includes an EMV Scripting engine, to enable remote over-the-air management of the settings within the Visa mobile payWave EMV application installed in a custom SIM. The Aconite solution has been deployed alongside the First Data host system and linked into the Visa Mobile Gateway in order to provide this remote management capability.Aconite’s flexible and configurable scripting capability makes it an obvious choice for issuers and processors who need to ensure that their systems are capable of quickly changing to meet new and future scripting requirements.
Aconite announces support for the new mobile payment infrastructure based on Host Card Emulation (HCE) and Tokenization. New features in smartphone operating systems coupled with announcements from card brands and EMVCo have breathed new life into mobile payment using NFC at the Point of Sale – the idea that a phone has to have an EMV-like payment application installed in a Secure Element to support mobile payment has been overtaken. The new direction the mobile payments proposition is taking is being defined by HCE and Tokenization.
Aconite smart card issuing and processing solutions is deploying its “Aconite” PIN Manager at Nets card payments processor. Nets needed a PIN management solution that would deliver improved customer service and cost savings to their card-issuing clients. Aconite PIN Manager enables competitive differentiation by moving away from the more expensive and risk-prone paper PIN mailers to secure electronic PIN delivery methods. Nets also wanted to simplify operational management, ease compliance and reduce complexity. Aconite PIN Manager is a highly secure PIN management system that delivers a range of features that can be combined or implemented individually to meet specific organisational requirements and priorities. The features of Aconite PIN Manager include electronic PIN delivery, PIN generation, secure PIN storage, PIN verification and synchronisation of EMV Offline PIN across cards and hosts.
Aconite EMV transaction processing and chip card issuing solutions, is proud to announce that a solution enabling the real-time provisioning of EMV applets onto NFC-enabled mobile phones has been implemented at International Card Services (ICS), the largest credit card issuing business in the Netherlands. ICS is already a customer for Aconite’s Affina® Enterprise smart card lifecycle management system for issuing and maintaining their extensive cardbase of MasterCard and Visa credit cards. As a part of this program, Aconite have enhanced Affina Enterprise to allow ICS to generate mobile EMV applet data and to deliver it in real-time to NFC handsets via a TSM service. The solution has the advantage of enabling ICS to manage both card and mobile issuance from a single system.
Aconite is proud to announce that its Smart EMV Manager EMV card authorization systems is under production through Fiserv Inc. Aconite’s Smart EMV Manager preserves the investment made by issuers and processors in their authorization platforms by providing fully-featured EMV capability in an easy-to-integrate plug-in solution. Fiserv is utilizing Smart EMV Manager to bring advanced EMV processing to its already sophisticated environment. With Smart EMV Manager, Fiserv can process EMV transactions across multiple card products and establish the foundation for enhanced chip capabilities as these are introduced in the marketplace.
Aconite chip and mobile software first commercial deployment of our mobile EMV scripting solution. Maintaining and updating the settings in mobile applications after being provisioned to handsets is a critical part of the end-to-end management of a mobile payment program, and is not something that is typically provided by an application provisioning system or Trusted Service Manager (TSM). Now a major European processor has selected Aconite’s Mobile Application Manager (MoAM) to support their mobile scripting needs, providing a low-cost, fast-track enhancement of their existing authorization systems to support the broad range of EMV scripts needed to manage EMV applications on a mobile NFC handset. Aconite’s Mobile Application Manager will support counter-resets, passcode changes and other scripts required to fully implement EMV in a mobile environment. The EMV Scripting features delivered by Aconite’s Mobile Application Manager are based on Aconite’s award winning Smart EMV Manager product which provides a wide range of capabilities out-of-the-box, and can be rapidly configured to support new functions, applications and script types without requiring complex integration or expensive customization.
Aconite, the leading provider of chip and mobile software solutions, is pleased to announce that Tutuka, a South African third party processor, has selected Aconite’s Smart EMV Manager solution to deliver full EMV compliance in their card processing platform. Tutuka provides a national prepaid card service for clients issuing Visa and MasterCard prepaid products. The upgrade of this service to full EMV capability will ensure that clients, who include Standard Bank, Vodacom and MasterCard, can benefit from the enhanced security that EMV brings.
Fiserv implemented Aconite’s Smart EMV Manager solution to further enhance its EMV card processing systems with advanced capability. This provides Fiserv a single solution that could be deployed in a standard way to provide a consistent EMV migration experience for their thousands of card issuing clients in the U.S. Smart EMV Manager will help Fiserv lead the field in EMV capability and introduce value-added EMV services in future. Smart EMV Manager is one component of Aconite’s integrated solution family that encompasses chip card and token lifecycle management, NFC Mobile management and advanced PIN management.