Tuesday, February 21, 2012 — 17:16:13 (EST)
Oberthur shipped over 2.5 million EMV cards to U.S. in 2011
Nanterre, France, Feb. 20, 2012 -- Oberthur Technologies, the world’s second largest provider of security and identification solutions and services based on smart card technologies, announced today that it shipped over 2.5 million EMV cards to US banks and credit unions, which made it the largest EMV provider in the U.S. for 2011. Oberthur Technologies additionally noted that it currently has fifteen active EMV programs in the US – more than doubling its EMV programs in just six months.
“In 2010 less than 100,000 EMV cards were issued in the United States,” said Martin Ferenczi, Managing Director of the Americas Region of Oberthur Technologies. “In 2011, Oberthur Technologies alone shipped over 2.5 million EMV cards for SECU, US Bank and other institutions- representing unprecedented growth from just a year ago, showing an increased demand for EMV. Our expanding list of partner customers is a testament to our global expertise, highly skilled local teams and rapid time-to-market.”
Oberthur Technologies offers a comprehensive range of EMV payment solutions to meet clients’ needs, including contact, contactless and dual interface payment cards and prepaid cards. To lessen the technical hurdle associated with an EMV migration, Oberthur Technologies offers EMV-in-a-Box, a fully integrated EMV migration solution and management program based on best practices gained by Oberthur Technologies’ experience from hundreds of EMV projects worldwide. The EMV-in-a-Box program includes on-site consultation, EMV training, project management and technical support. The migration plan enables EMV cards to be issued within 12 weeks from project initiation.
Oberthur Technologies offers seamless EMV migration with the use of its Common Personalization System (CPS), a single, global personalization engine which has been developed over the past ten years and deployed across Oberthur Technologies’ network of 30+ service centers, incorporating worldwide EMV best practices. CPS provides a comprehensive solution, including the Bank Card Configurator (BCC), which enables efficient card profile creation and management.
Present since 1996 in the United States, Oberthur Technologies’ has two bi-coastal service centers to personalize EMV Cards, one in Los Angeles, California and the other in Chantilly, Virginia. Oberthur Technologies manufactures all its EMV cards in the United States at its ISO 9001 certified manufacturing facility, in southeast Pennsylvania, which has the capacity to produce over 20 million cards a month.
“In 2012 Oberthur Technologies stands ready to meet the growing demand for EMV migration in the U.S.” said Ferenczi.
About Oberthur Technologies
Oberthur Technologies is a world leader in the field of secure technologies: systems development, solutions and services for smart cards (payment cards, SIM cards, access cards, NFC…) and for secure identity documents, traditional and electronic (identity card, passport, health care card). Created in 1984, Oberthur Technologies employs 5,700 employees. With 50 sales offices across 5 continents, Oberthur Technologies’ international network serves clients in 140 countries. For more information: www.oberthur.com .
Source: Company press release.
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