Today Bell ID announced that it will be providing its smart card management software to ICICI Bank, India's largest private sector bank, to manage globally issued EMV cards and multi-application cards.
With the implementation of ANDiS4EMV, Bell ID's software solution for smart card management in the financial sector, ICICI Bank will benefit from a system that covers all processes and security for the worldwide issuance of EMV banking smart cards. e-Smart Systems Pvt. Ltd, Bell ID's partner in India, will provide the implementation and offer support services locally.
Bell ID's ANDiS4EMV solution comprises of a fully web-based multi-application card management and key management system. The flexibility of the GlobalPlatform compliant system allows configurations for multiple card issuers with different card application and chip technology requirements. Due to the system's scalability it is a suitable solution for banks that issue many millions of smart cards.
ICICI Bank will be able to make use of the powerful system functions that ANDiS4EMV provides. These include the issuance of multi-application cards, post issuance personalisation, loading of added value card applications and dynamic EMV risk management on cards (EMV scripting).
A senior ICICI Bank spokesperson commented, "As an innovative and leading bank, ICICI Bank is one of the first movers towards EMV cards in India. Smart card technology offers a variety of features for banks as well as for the cardholder. After an in-depth evaluation of available systems, we selected Bell ID's ANDiS system as it provides us with all needed features for our global card strategy. ICICI Bank is therefore glad to work with Bell ID and its card management system."
Michael Westermann, Sales Manager at Bell ID stated, "We are very pleased with this prestigious project. This win will not only reinforce Bell ID's position as the leading provider of EMV card management solutions, but will also strengthen our position in the Indian market."