The major development in card markets today is the push to replace magnetic stripe cards with smart cards. In the financial world, this development is driven primarily by the EMV mandates from MasterCard and Visa. Smart cards are also being increasingly introduced in other market sectors like government, transportation and healthcare.
To help issuers migrating to smart cards, ACI offers the modular ACI Smart Chip Manager™ to issue smart cards and manage their life cycles, update application parameters including EMV risk parameters in the field, personalize any type of smart card and post issue new applications to multiple application card schemes.
ACI Smart Chip Manager for Card and Application Management
The issuance of smart cards is a new challenge for most issuers. Their current card management systems are not smart card enabled and lack the processes that are required to issue smart cards. To issue, manage and handle the data preparation for smart cards, ACI offers ACI Smart Chip Manager for Card and Application Management.
ACI Smart Chip Manager for Application Parameter Management
EMV can significantly decrease online card-present fraud and help reduce bad debt. Additionally, EMV will make low-value payments economic since offline transactions have lower transaction costs than transactions authorized online. ACI Smart Chip Manager for Application Parameter Management provides the ability to define risk profiles per card product, facilitate loading cardholder financial risk profiles during card issuance and change these profiles in the field.
ACI Smart Chip Manager for Card Personalization Management
The personalization process for smart cards is very different from magnetic stripe cards. To ensure economic, flexible operation for both issuers who personalize cards in-house and personalization bureaus, ACI Smart Chip Manager for Card and Personalization Management will make smart card personalization transparent and easy to operate.
ACI Smart Chip Manager for Smart ID Card Management
The groundswell of governmental activity to secure and verify citizen identity and counteract identity fraud is a global phenomenon. For the past 10 years, governments have begun to leverage chip technology to secure and authenticate citizens as well as achieve other benefits, such as improved efficiency and border throughput.
The ICAO e-passport standard, European Union (EU) directives, FIPS-201 and other standards for secure ID documents have been defined, and aggressive timetables for compliance established.
ACI’s Smart Chip Manager™, can hasten compliance, and can enhance existing processes with smart card capabilities and provide a foundation for future extensions.
ACI Smart Chip Manager for EMV Card Issuance
ACI Smart Chip Manager™ is the platform of choice for financial institutions looking for flexible solutions to support EMV card issuance. At its core, Smart Chip Manager acts as a broker that actively identifies, verifies, pulls together and manages the parameters and data elements needed to issue EMV cards. The solution’s design is modular, so issuers can implement components of the solution when needed, with the assurance that each component can be leveraged as a strategic building block for future implementations.
ACI Smart Chip Manager for In-Branch Chip Card Issuance
The ability to instantly issue cards in branches improves customer service levels and circumvents unreliable postal services. In some countries in-branch issuance of magnetic stripe cards is the norm today; in others, issuers are examining ways of transforming traditional central issuance processes to in-branch models.
The advent of smart card technology and its associated demands on existing systems stimulate many issuers to examine ways of migrating traditional magnetic stripe issuance processes to accommodate this new card technology.
ACI Worldwide offers a comprehensive solution to migrate to smart card technology, as well as transform the personalization domain and issuance process from a centralized, batch-driven concept to a service that can be instantly performed in customer-facing environments.
DataPrep Plus Package
ACI’s DataPrep Plus package is a chip card issuance solution that provides issuers with a simple way to implement EMV-compliant payment cards, eID cards and ePassports. With DataPrep Plus, issuers can perform chip card data preparation using the power of the ACI Data Preparation System in combination with the card and application management components of ACI Smart Chip Manager.
Contact us today to learn more about ACI's smart chip capabilities.