ENGLEWOOD, Colo. — Dynamic Card Solutions (DCS), developer of CardWizard, an instant issue and PIN selection software application for financial institutions, today announced that it has partnered with Collis, a provider of transaction-processing and testing services, to offer an EMV Personalization Validation Tool (Collis EMV PVT) that analyzes, verifies and validates each CardWizard software script before it is used by a DCS customer to instantly issue EMV and contactless payment cards.
EMV and contactless card issuance continues to gain traction worldwide. To ensure performance and to meet required specifications for personalization of EMV cards, DCS has recognized the need to have a professional and proper testing tool in place that thoroughly analyzes its instantly issued cards. The Collis EMV PVT is a user-friendly test tool designed to read any EMV card to validate the personalized card data and cryptography against EMVCo, Visa, MasterCard and JCB specifications. As a comprehensive testing tool, the Collis EMV PVT guarantees that DCS' instant issuance solution has personalized the cards according to relevant specifications before going live with an instant issue program.
"Before we release a perso-script to an issuer, we verify that it functions as intended," said Spencer Clark, director of international markets at DCS. "The Collis EMV PVT provides DCS, and more importantly, our instant issuance clients, with the confidence that instantly issued cards operate identically to cards personalized at a bureau."
DCS' CardWizard Chip software application enables financial institutions to instantly issue Visa and MasterCard products at the branch or retail point of sale. During the commissioning of a CardWizard instant issuance solution, the Collis EMV PVT provides a detailed report validating card functionality and ensuring interoperability. Once it is verified, DCS installs CardWizard Chip, along with an in-house data preparation system, that allows the financial institution to instantly issue EMV or contactless cards to consumers at each branch or retail point of sale.
"With almost 400 issuers already using DCS' CardWizard to instantly issue cards, we are proud to be their test tool of choice," said Guy Berg, president of Collis Americas. "Collis is committed to ensuring personalization quality for EMV cards with our suite of development and production test tools by maintaining the most up-to-date personalization validation tools just as DCS is with CardWizard. We look forward to a long and mutually beneficial relationship as DCS continues their rapid growth in the EMV instant issuance market."
CardWizard Chip is ideal for any card-issuing financial institution, and also suits special scenarios such as: issuers that want to pilot EMV issuance without fully committing to the infrastructure investment of an in-house bureau, those currently using a bureau for EMV issuance that also want to instantly issue cards in the branch and issuers in the process of EMV migration that want to instantly issue cards.
