As part of the deal, CUP Data has revealed plans to provide multi-application and post-issuance smart card management services to its 120 client issuers. This deployment represents the first step in building a service which will enable the banks to provide additional smart applications to their customers, to be installed post-issuance on their existing CUP payment cards.
Aconite helps card issuers, processors, retailers, payments service providers and transit authorities minimize their EMV migration risks and maximize the return on their EMV investment. The company operates in Europe, Middle East, Africa, Asia and the Americas.
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