ACI Smart Chip Manager To Enable Royal Bank's Migration To Chip
ACI Worldwide has announced that Royal Bank of Canada has selected ACI’s Smart Chip Manager "to provide the foundation for its planned migration to chip technology for debit and credit cards. RBC chose Smart Chip Manager as its foundation for initial chip card issuance for market trials, beginning with internal trials in late 2007 and as a future platform for launching innovative payment card products using chip technology."
ACI will work with RBC to migrate to chip technology gradually and support its existing and future business goals for chip cards. Smart Chip Manager will provide RBC with the control and management necessary for early phases of chip card migration as well as the flexibility to offer new products in the coming years. As RBC plans for chip develop, ACI will work with RBC to ensure that the solution supports new strategies and plans effectively.“RBC is a long-time customer of ACI’s, and we are very pleased to expand our relationship with Royal Bank of Canada by enabling smart card management through our Smart Chip Manager solution,” said Mark Vipond, Chief Operating Officer, ACI Worldwide. “ACI and RBC are collaborating to provide the bank with a solution that offers it the degree of control it needs at the beginning of a market trial through to the launch of innovative card products to meet future customer needs.”
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