Gemalto wins two-year international EMV contract with BNP Paribas

Source: Gemalto

BNP Paribas announced today that it has selected Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, as part of first global tender covering fifteen countries. The contract will involve the supply of EMV banking cards and personalization services for a two-year period. Gemalto's global footprint is a key asset to support the BNP Paribas Group in its international development.

As part of this contract, Gemalto notably becomes BNP Paribas' first supplier in France and gains a new presence in Belgium through BNP Paribas Fortis*. In these two countries, Gemalto will provide banking cards compliant to EMV Dynamic Data Authentication (DDA), a standard that ensures the highest levels of security by detecting counterfeit and duplicated cards.

Bolstered by its local personalization capability, Gemalto guarantees a very high quality of service and excellent responsiveness across the world to BNP Paribas.

As BNP Paribas looks to deliver electronic banking cost synergies globally, the bank wishes to strengthen its relationships with suppliers able to offer global solutions and the widest geographic coverage. Regarding the supply of banking cards, Gemalto meets these two criteria perfectly.

In 2009, Gemalto won the Challenge Cristal award BNP Paribas presents to its best supplier.

"This first joint tender with BNP Paribas Fortis has enabled our international entities to benefit from preferred partnerships that had already been established, amongst which our partnership with Gemalto is ranked first," commented Gilbert Arira, Head of Customer Banking Solutions of BNP Paribas.

"Gemalto is proud to reinforce its industrial and business relationship with BNP Paribas Group," added Philippe Cambriel, Executive Vice-President of Gemalto's Secure Transactions Business Unit. "Our latest innovations in terms of products and services were a key decision factor."

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