Verisoft has been awarded an order from one of the top banks in Greece, Eurobank EFG for both the PowerEMV and InstantEMV products. This is so as to be able to start producing EMV cards in house using 10 local smartcard couplers. The Gemalto eGalleon G2 cards will be used with 250 different credit and debit products issued by the bank.
An interesting aspect of this project is the implementation of an inline EMV-Magstripe-Optical quality control check using a special camera and image recognition systems and Verisoft’s inline EMV verification system to achieve very high level of reliability and the elimination of embarrassing distribution mistakes.
Eurobank EFG was selected as “Best Bank in Greece” in the 2008 Euromoney Awards for Excellence. EFG Eurobank Ergasias is the third largest bank in Greece with more than 300 branches throughout the country.
It is part of Spiro Latsis group of companies. EFG Eurobank Ergasias is based in Athens, Greece.

Verisoft received a land mark order from the leading Kuwaiti bank BKME for both the InstantEMV and PowerEMV products.

BKME wished to start producing EMV cards in house, within 25 branches, providing Instantly Issued personalised bank cards to all new customers.
Oberthur cards will be used for the various credit and debit products issued by the bank.
An interesting aspect of this project is the implementation of distributed issuance at the branches. The customer will visit the branch, make a card request and within seconds a new card will be issued which can be used immediately.

ererer

Headquartered in Dubai, MASHREQBANK is the best bank of the UAE according to EUROMONEY.

Verisoft is contracted to provide the software for EMV card migration for this innovative bank in Dubai, UAE. Verisoft PowerEMV will be driving CIM COMBI 1000 and MF 6000 card personalisation machines to produce VISA VSDC and MASTERCARD MCHIP cards with Welcome Realtime XLS Loyalty software.

eXtended Loyalty System : XLS from WRT is also used by AKBANK for the AXESS product in Turkey is an advanced loyalty solution and in this implementation Verisoft will be merging state of the art EMV payment functions VISA VSDC and MASTERCARD MCHIP into the same card to handle both secure payment transactions while earning bonus points.

Verisoft have taken the challenge of this project to be completed in a short time frame with certification from VISA for EMV and from WRT for XLS.

Verisoft matched this challenge by completing the certification with the prescribed tight deadlines and the bank has been licensed by Visa to become the first issuer in UAE to produce in house its own EMV chip cards.

In the second phase of this project MASTERCARD MCHIP will be certified the same way and this project have also started.

Project includes partners in UK, BELGIUM, DENMARK, GERMANY and FRANCE; and local Verisoft partner in UAE provides in house customer support during implementation and certification phase. A truly multinational standards based software development and qualification project.

It is also one of the first multiapplication chip card project in the world including best of breed components from Visa and Welcome Realtime.

Power EMV works seamlessly with de-facto industry standard THALES P3 software which has been chosen by 80% of the EMV issuing banks and processing centers around the world.

It is designed as a natural extension of the P3 system which works with a specially designed hardware crypto module P3CMX00 to generate EMV data structures that are subsequently injected into the cards. In this regard P3 generates a universal EMV data agnostic of the embosser and card to be used and Power EMV which takes this data set and moves it into the card using the embosser.

Verisoft Power EMV software can be used for issuance of EMV cards in full mode handling all necessary fields and verifications required for authorisation with Datacard, NBS, CIM and Matica embossers.

Verisoft PowerEMV provides two major EMV issuance requirements of EMV card personalisation process and consultancy for card management system software modifications.

EMV card personalisation process is solved in a modular approach using EMV personalisation preparation system from Thales P3 using Thales P3CM-200 host security modules. This system is placed in embosser/encoders and bank’s card management system (CMS) on a Windows 2000 Server.

The input file for this system is expected to come from the issuer bank’s card management system and fed into the Thales P3 software which will generate a standardised EMV card personalisation data output file according to the profile selected by the bank.

Verisoft PowerEMV module takes this output file generated by Thales P3 and chip personalisation process by direct communication with the embosser.

Blank EMV cards taken by the embosser under the control of the PowerEMV module running on a Windows 2000 Workstation produces the finished card. All of these procedures are running as easy to use graphical Windows GUI processes.

Power EMV – Central card issuance solution

Power Loyalty – EMV & loyalty card solution

P-CARD will personalize MULTOS and GP credit and debit cards with VSDC, MCHIP4 and SPAN applications.

The project has been completed in less than 7 weeks.

In Pakistan, ABN AMRO was established in 1948 and was the first foreign bank to be granted a license by the Government of Pakistan.

ABN AMRO is placed and well positioned as one of the larger foreign banks in Pakistan. It has posted pre-tax profits of nearly PKR 1.3 Billion in 2003, and the ROE of almost 44% is amongst the highest in its peer group.

PowerEMV is a network oriented platform solution for EMV data generation, key management and CA certificate management based on THALES P3 and THALES HSM and TCP/IP sockets driven embosser/encoder driver. PowerEMV runs on a Windows 2003 Server with MS SQL Server 2000.

All card scheme key and CA certificate exchanges, IPK and MDKs generation or injection are managed by this system in conjunction with an HSM using different algorithms required for EMV cards. Along with these functions on THALES P3 and EMV application editor, you can design your bank EMV VSDC chipcards from VISA or MCHIP EMV cards from MASTERCARD.

Verisoft PowerEMV integration also provides the support of non-EMV applications like Loyalty, e-Purse, Healthcare, ID, etc.

Verisoft provides many solutions for these multi aplication EMV cards in house or for popular products such Welcome Realtime XLS. Smartcard couplers are driven directly by the Windows 2003 Server in the PowerEMV system and this provides unsurpassed speed, flexibility and efficiency in smartcard electrical programming. No limits on data size ! No limits in card type ! No limits in application !

PowerEMV is a MULTI-COUPLER system capable of programming simultaneously multiple machines and multiple cards at the same time. You can even mix cards from different producers in the same batch !

All popular EMV VSDC and MCHIP cards from Gemplus, Schlumberger, Austria Card, G&D, Oberthur, Orga, etc. can be personalized with PowerEMV platform system.

Cryptofunctions can be made with either Crypto Keycards or HSMs. Verisoft provides drivers for THALES, IBM and VERISOFT HSM devices. Special Crypto Smartcards with advanced functions can be also custom prepared for your bank.

PowerEMV is a compact and easy to implement end to end solution for large and small issuer banks.