Arab National Bank is using technology from Postilion and Dynamic Card Solutions to upgrade its card management and issuance systems to meet EMV compliance demands and local Span2 payment processing regulations.
In addition to meeting the bank's compliance needs, the Postilion card issuance software will provide ANB with complete lifecycle management for debit cards, including the secure preparation of production files, PIN generation, and account status management.
As part of the upgrade, the bank will also introduce instant card issuance at its branches using DCS' CardWizard instant issue software to personalise the chip, encode the magnetic stripe, and print cardholder details on each EMV debit card. The software also enables cardholders to select their own PINs, increasing card activation rates and eliminating the expense of PIN mailers.
John Loomis, CIO, Arab National Bank, says the deployment is part of an overall retail banking technology refresh and the introduction of a service-oriented architecture.
"In addition to meeting compliancy requirements, we also wanted to have a single view of customer activity across all interaction points, including cards," he says. "We felt that the time and expense required to achieve this on our current platforms was not worth the investment."