Aconite and Jware Technologies announce partnership to deliver turn-key EMV card solutions

Joint offering will provide Card Issuers with an integrated, turn-key solution for EMV card programmes including transaction processing, prepaid and risk management.

London and Paris, 17th November, 2008: Jware Technologies, a leading provider of solutions for innovative and service-oriented card processing management, and Aconite, a leading provider of smart payment software solutions and consulting services, today announced a partnership to provide integrated, turn-key solutions for the issuance and management of EMV and prepaid card programmes.

Under the partnership, the two companies will make available fully packaged and integrated solutions for EMV and prepaid card issuers. Jware Technologies will provide their turn-key LPay frontend and backend card solution, including Authorisations, Fraud Detection, Clearing, Online prepaid Management, Security and Card Management System modules. Aconite will provide their EMV migration, post-issuance scripting, risk management, prepaid and contactless solutions as well as their Affina Enterprise smart product management solution.

“Our combined package of solutions for EMV and prepaid cards will help to address many of the challenges card issuers face such as the rapid, low-cost implementation of the EMV standard and new business applications post EMV, while at the same time maintaining investment made in legacy systems and business processes”, said Patrick Regester, EVP Sales and Marketing at Aconite. “With our common payments and smart cards expertise, we can respond to the high demand for solutions that enable issuers to rapidly deploy and manage new services”.

Gérard Compain, CEO of Jware Technologies, said: “The potential benefits of using innovative smart card solutions are enormous. The advantage of this partnership is that issuers are provided with a one-stop approach which facilitates the rapid and economical launch of new programmes in this fast growing and attractive market segment for banks and private label card issuers.”

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About Aconite
Aconite delivers software solutions and provides consulting expertise for managing business applications on chips in smart cards, tokens or mobiles to issuers around the world. Incorporating a unique blend of proven software and professional services, Aconite solutions can be tailored to meet individual business requirements without the need to replace legacy systems and with minimal impact on staff and processes. Based in the UK, Aconite operates across the globe, with a local presence in many markets.

About Jware Technologies
Jware Technologies is a leading software house specialized in secured electronic payment transactions. The Jware solutions are available worldwide directly from Jware or through a network of strategic partners who add value to the Jware solutions. They cover all the needs for the entire payment sector, from the issuing payment means to the acquiring of point of sale, and fulfil all of the functional and technical requirements of secure transaction processing.

Contact details:
Aconite:
Katrina Dixon
+44 (0) 20 7812 7155
katrina.dixon@aconite.net
www.aconite.net

Jware Technologies:
Arnaud Crouzet
+33 (0) 1 45 22 23 87
Arnaud.Crouzet@JwareTechnologies.com
www.JwareTechnologies.com