18 October 2017
visit www.response.ncr.com

Luottokunta selects Aconite Affina Enterprise

13 October 2010  |  2649 views  |  0 Source: Aconite

Aconite, a leading provider of software and consulting services for managing business applications on chips in smart cards, tokens or mobiles, today announced that Luottokunta has selected the Aconite Affina Enterprise smart product management system to support a major increase in its smart card personalisation, issuance and management business.

Luottokunta is one of the leading card payment service providers in Nordic countries, serving banking, merchant and corporate customers.

Luottokunta's strategy is to be "the best partner in card payments in the Baltic Rim". In implementing that strategy, Luottokunta has relied upon the Aconite Affina Enterprise system for many years. Consequently, when Luottokunta needed to scale up its processing capability by a factor of four to meet increased business demand in the Nordic region, the company was well aware of Aconite's abilities. EVP Mikko Pilkama of Luottokunta commented: "Based on our long standing relationship, we were fully confident that Aconite's software solution, combined with their deep smart card expertise and vision, would enable us to meet our smart card issuance needs both now and in the future".

Patrick Regester, EVP Sales and Marketing at Aconite, said "I am very pleased and proud that Luottokunta has decided to extend its use of Aconite Affina Enterprise to support this significant expansion of its business. Aconite Affina Enterprise's proven ability to issue and manage portfolios of millions of cards and support multiple issuers makes it a safe choice for trusted service providers like Luottokunta. Moreover, as well as smart cards, the product supports business applications on smart tokens and smart phones, which is important with the growth of mobile services."

Luottokunta will be extending its operation by linking its existing Aconite Affina Enterprise implementation in Finland to multiple sites in the 3 other Nordic countries (Denmark, Norway and Sweden). Currently, having completed an in-depth study of the business requirements, the service provider is engaged in implementing the service in Finland. The Finnish service aims to go live in November 2010 with the others following in 2011 and 2012.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15269 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8465 views comments | 16 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7958 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7430 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6585 views comments | 8 tweets | 16 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job