May 11, 2018
FIME and Barnes International have announced that their jointly developed personalization validation tool is qualified against the latest MasterCard PVT Tool Release 2018 Requirements (v11.3 March 2018).
According to a press release, FIME believes that the test tool "significantly accelerates the certification and launch of secure chip products for issuers, card manufacturers and personalization bureaus."
These chip products include contact, contactless and dual interface EMV cards, as well as near field communication and contactless-enabled solutions such as smartphones and wearable devices.
"Emerging technologies are contributing to an increasingly complex payments ecosystem," Barnes International Managing Director Brian Summerhayes said in the release. "Our strong and enduring partnership with MasterCard means clients spanning 100 countries can use our tool to deliver fast, secure, and interoperable payment solutions to consumers."