Card personalization solution
In order to meet the requirements of Visa and MasterCard for bankcards worldwide, X InfoTech delivered and implemented an in-house personalization solution, capable of issuing DDA cards.
Visa and MasterCard have issued a mandate for European banks that all offline-capable cards issued after 01.01.2011 should use the DDA standard, which is more secure than SDA. This mandate is also in line with SEPA requirements. To perform these requirements, and to implement an in-house personalization solution capable of issuing DDA cards, Rietumu Bank has chosen X InfoTech company. X InfoTech’s team’s experience in the payment solution for banking is 19 years.
“Rietumu bank is always among leading banks in providing the best products and services to our customers. The security of our customers is among the top priorities for the bank, and therefore we constantly invest in the best and proven technological solutions”, stated Mark Andreev, head of the Payment Cards Department - “and we are keen that our decision to select X InfoTech as technological partner for data preparation and personalization solution implementation proved to be correct”.
“Protecting transaction data and cardholder information is a main driver in introducing smart cards and especially in adoption of DDA standards,” said Maris Birgelis, member of the Board at X InfoTech, “and we are delighted to introduce worldwide best personalization solution from Datacard, at premium class bank such as Rietumu bank.”
The in-house personalization solution project was successfully completed in August, 2010.
Rietumu Bank is one of the largest banks in the Baltic States, specializing in corporate banking and affluent individuals. The Bank is well-represented in the global market, working with customers all over Europe, the Baltic States, Russia, Ukraine, Belarus, and other regions. More information can be found at the web page: www.rietumu.lv.
X InfoTech is a system integrator working within the finance and government sectors focusing on smart cards and uniting IT professionals and top-level business consultants. X InfoTech’s mission is to provide their clients with access to superior knowledge, experience and solutions that will allow them successfully move towards leading positions within their respective fields. More information can be found at the web page: www.x-infotech.com.
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