Saudi bank deploys instant EMV issuance
15 November, 2010
category: Contactless, Digital ID, Financial, NFC
Bell ID announced the deployment of a end-to-end EMV issuance solution for one of Saudi Arabia’s banks, one of the first in-Kingdom operational platforms for both central and instant issuance.
In 2009 the bank had already deployed Bell ID’s software for its central issuance operations at its headquarters. Now, Bell ID’s instant issuance solution will be deployed at the institution’s branch in Riyadh and will be rolled out to over one hundred branches throughout the country.
The new features will enable the bank to directly issue EMV debit cards to customers while at the branch. This not only enhances customer service but also reduces delay, cost and risk. Both the instant and central issuing solutions are certified by MasterCard and the Saudi domestic debit card scheme.
In addition to EMV data preparation and both central and instant issuance for contact-based smart cards, Bell ID offers also offers support for contactless (PayPass and PayWave), full card/application lifecycle management, EMV parameter management and EMV PIN change capabilities via the Internet.
Furthermore, the combination of banking services with mobile phones for providing contactless applications using Near Field Communication technology is also supported.