Aconite’s Smart EMV Manager – which allows existing card authorisation systems to process EMV card transactions – has gone into production at Fiserv.
The product preserves the investment made by issuers and processors in their authorisation platforms by providing fully featured EMV capability in a plug-in solution.
With Smart EMV Manager, Fiserv can process EMV transactions across multiple card products and establish the foundation for enhanced chip capabilities as these are introduced in the marketplace.
Despite being behind the likes of Europe and China, the US payments industry is now rapidly advancing, said Anish Kapoor, CEO of AccessPay told GTNews in an exclusive interview.
Treasurers are more interested in cross-border payments and automation than real-time payments, as they are consistently asked to do more with less, argues Rick Burke, head of corporate payments at TD Bank in an exclusive interview.
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