Sunday, April 14, 2013

OMA Emirates commences in-premise managed services for centralized card issuance

OMA Emirates commences in-premise managed services for centralized card issuance
OMA Emirates, a provider of cutting edge technology for the payment industry has announced an end-to-end service which provides banks an in-premise team to manage centralized issuance of EMV cards. The new service includes the supply and maintenance of cards, personalization system, manpower and ongoing developments with no ownership costs that will have a positive impact on cost efficiency and smoother card production for banks. 
OMA Emirates’ team of in-premise specialists will support daily operations as well as guide the banks towards planning for future requirements. Complying with strict EMV security and design standards, the new service is tailor-made to enable banks to have full control of the card issuance operations. This also addresses the need for the enormous requirements of personalized card supply for multiple branches of the banks through the centralized card issuance system.
 “There is an international trend by small, medium and large financial and banking institutions to move away from bureau services and work towards outsourcing in-premise managed services for centralized card issuance. OMA Emirates along with world class vendor partners and our proficiency in developing specialized Centralized Issuance  Software (CIS) is capable of meeting the industry’s specific requirements. Our team is geared to meet the changing requirements and equipped to tackle total smart card production.” said, Niranj Sangal, Group CEO, OMA Emirates – Solution Gulf.
The high capacity hardware provided by OMA Emirates is capable of processing approximately 700 to 1000 cards per hour and specific to the bank’s card issuance volume needs. Developed in-house, the company’s NANOPERSO personalization solution which supports batch printing and encoding will optimize the bank’s card production process. Simultaneously the new system enables card embossing, indenting, encoding labels, card mailing and smart chips for both contact and contactless cards.
OMA Emirates works with world class technology partners such as Ingenico, CIM, Sequent, Safenet, and Cryptomathic to provide POS terminals, card personalization machines, contactless and Near Field Communication (NFC) technology, data protection and security solutions and automated mailing solutions. The company is also geared to develop home-grown solutions which are capable of tackling specific banking requirements such as Interbank Switch, Card Management System, Merchant Management System, Mobile Payments, etc.