PCI Compliant Secure EMV Card Issuance Chip Card Personalization
Solution
Business Considerations:
Cost Reduction:
SmartOne platform significantly reduces the cost of branches which
are by and large losing money. While it varies by country and
region, industry research indicates that every transaction carried
out in a branch costs the bank between significantly more than the
very same transaction on internet or other self-service device such
as an terminal or online payment.
Solution Flexibility:
Wisecard’s business is focused on offering leading-edge delivery
channel solutions to the world market and has proven technology
solutions on all the areas that Bank are seeking to enhance.
User Friendly/Easy to Implement:
The solution is delivered to the bank pre-configured with:
Bank specific branding Bank operational settings and financial
information
Technical Considerations:
Flexibility/Expandable:
The proposed solution forms one part of Wisecard’s multi-channel
banking system and can be complemented with the additional modules
and channels from the SmartOne platform product range. Implementing
the channel manager as part of the solution forms the basis of
integrating the system with new delivery channels, Wisecard
channels or third party channels.
Security:
SmartOne platform provides a number of secure authentication
methodologies that can be selected by Banks prior to deployment. In
addition to the authentication method the product contains a rich
set of security components that combined with firewall technologies
and recommended procedures ensures Banks will have full security
protection.
All Wisecard software solutions are PCI compliant and meet the
security requirements from the related standards.
There is no sensitive data will be stored into the software or
cache, and the data will be encrypted as well.
Scalability:
SmartOne platform incorporates fully scalable architecture that
enables high transaction volumes and organizational growth.
Wisecard recognizes the importance of designing a scalable solution
as many of our customers start by deploying traditional channels
and then expand by deploying additional channels like e-banking,
branch banking etc.
SmartOne platform’s proven strength, mission-critical availability,
and highly scalable support for business growth make it the ideal
foundation for an integrated channel banking strategy.
High Performance:
The performance of the system is governed by a number of factors
including the database configuration, number of processors,
available memory, disk configuration, and how the system is
distribution across multiple servers. Wisecard’s professional
services division will conduct a sizing exercise to determine that
exact hardware configuration required to operate the SmartOne
platform solution within an effective multi- server environment.
The recommended environment will be based on the volume of
transactions and number of user’s modelled against the
recommendations resulting from Wisecard's Quality Assurance and
ongoing stress testing.
Customized Training Plan:
All staff that will participate in the project from the bank will
need to be trained by our trainer. There are two parts to training:
• Foundation Training
• End User Training
Solid Implementation Methodology:
Professional Service:
The Wisecard Professional Services division will work closely with
the Bank’s project team to manage and implement the various stages
of migration from the Bank’s existing infrastructure onto the
SmartOne platform. The division has an important role throughout
each project, from pre-implementation through to final sign-off of
the new system in a production environment.
By using Wisecard’s highly skilled and experienced personnel, Banks
can ensure that they realize the maximum potential of the new
technology and ensure the following:
Reduction of risk;
Cost effective and timely implementation;
Modular and Web-based platform;
Knowledge and skills acquisition;
Best technological and business fit;
Return on investment.
Project Management:
The Wisecard project methodology consists of both management and
implementation processes that comprise:
• The PM approach to implementation
• The PM means of ensuring that the approach is applied (the
project audit function)
• PM proactive management, reporting, and timely action on issues,
concerns, problems and opportunities that arise during the project.
The management processes are focused on ensuring timely delivery
while the implementation processes define the approach and
deliverables for each activity needed to deliver the solution.
Company Information:
Wisecard (a WiseGroup company) is a global solution provider that
has been providing innovative payment and secure solutions to
financial institutions, government entities and telco operators
worldwide.
Wisecard have been providing EMV smart card, EMV biometric card,
EMV perso software, card issuance, EMV embossers, Smart POS
machine, Android POS, POS terminals, smart banking, smart teller
machine, kiosk, vending machine, biometric POS, Hardware Secure
Module, mobile payment platform, private label card solution,
prepaid card solution, card management system to partners in more
than 60 countries worldwide. Wisecard’s product suite empower large
global financial institutions and government sectors as well as
small to medium sized retail banks.
Wisecard solutions are adapting to the highest and latest secure
standard, and the solutions have been fully tested and certified by
international test labs, like FBI, STQC, EMV, PCI DSS, PA DSS,
VISA, MasterCard, China UnionPay, JCB, AmEx, Discover, RuPay and
etc.
Notes: FBI, STQC, EMV, PCIDSS, PADSS, Visa, MasterCard, China
UnionPay, JCB, AmEx, Discover, RuPay is a registered trademark. All
trademarks referenced here are the property of the respective
owners.
