Aconite, a leading provider of software and consulting services for managing business applications on chips in smart cards, tokens or mobiles, today announced the appointment of Richard Launder to its Board.
Richard joins Aconite from ACI Worldwide where he served as President of Global Operations.
Richard brings a wealth of industry expertise to Aconite following a 20-year tenure at ACI Worldwide, where he was responsible, while Managing Director for Europe, for helping to grow revenues from a couple of million dollars to in excess of150 million dollars annually.
Mike Woods, CEO at Aconite said "We are delighted to welcome Richard to the Aconite Board. At a time when the banking sector is facing serious challenges, Richard's extensive knowledge of the industry will help to guide Aconite successfully through this difficult time, helping us to identify new growth opportunities and to continue to drive the business forward."
Richard added "I have followed Aconite's progress for many years and have been impressed with their evolution from a local EMV consultancy to an international, award winning, smart card solution provider and acclaimed consulting practice. Along with national EMV-migration mandates in regions such as Europe, the Middle East, Canada and Africa, the prepaid and contactless cards markets are currently witnessing substantial growth internationally across all sectors and my intention is to help Aconite take advantage of these emerging market opportunities."