As a result of the implementation, the bank will benefit from increased control of credit and debit card-related risk.

As a new operation, the bank needed to quickly establish a card payments infrastructure and were looking for an integrated system for credit and debit chip card issuing and transaction processing. Following a RFP process, Aconite's ESP solution was selected as the system was quick to deploy and could be easily integrated with the bank's chosen switch and existing Smart Card Management System and Card Management System.

ESP enables the generation and delivery of updates or 'scripts' to an EMV card base. Operating alongside risk, fraud and card management systems, scripts are automatically delivered at the point-of-sale and other service points by responding to cardholder behaviour and other risk parameters held on the card. Not only does this reduce risk, but it will allow the bank to maximize their credit lines and increase the profitability of their card business.

Patrick Regester, EVP Sales and Marketing at Aconite said "The beauty of the ESP solution is that it bolts-on to existing systems, providing banks with a rapid solution for minimizing card risk. We are pleased to be working with this new bank in Doha and are glad that our solution will enable them to continue to expand their card revenues in the knowledge that any potential card risk will be significantly minimised."