Barnes and FIME’s joint personalization validation tool achieves latest Mastercard® qualification
Barnes International and FIME today announce that their jointly-developed personalization validation tool (PVT) has been qualified by Mastercard® against its latest requirements, version 9.2. The test tool enables issuers, card manufacturers and personalization bureaus to accelerate the certification and launch of secure chip products. These include contact, contactless and dual interface EMV® cards, as well as near field communication (NFC) and contactless-enabled solutions.
“With EMV adoption and demand for mobile and contactless payments soaring worldwide, issuers must be able to deliver fast, secure and convenient payment solutions to consumers,” comments Xavier Giandominici, Vice President – Financial Services at FIME. “By ensuring product compliance with the EMV and Mastercard requirements throughout development, this tool enables issuers to avoid costly delays and bring their solutions to market quickly.”
Brian Summerhayes, Managing Director at Barnes International, adds: “Barnes’ test tools are now used in over 95 countries and our continued growth is due in part to our close partnership with Mastercard to ensure our clients are protected from fraud in an increasingly complex ecosystem. By utilizing this tool, users can overcome these new challenges and validate their solutions quickly, efficiently and cost-effectively.”
Barnes and FIME have combined their expertise since 2011 to effectively meet the requirements of Mastercard with FIME PersevalPro Issuer, their co-developed Personalization Validation Tool.