News

UAE bank using ACI's BASE24-es to consolidate transaction authorization

January 4, 2005

WATFORD, England - Abu Dhabi Commercial Bank, one of the largest banks in the United Arab Emirates, has selected ACI Worldwide's (Nasdaq:TSAI) BASE24-es to consolidate ATM and point-of-sale transaction authorization onto a single platform.

According to a news release, BASE24-es will also aid the bank's compliance with Europay Mastercard Visa (EMV) mandates calling for the introduction of chip cards to reduce card fraud in the region.

Using BASE24-es, Abu Dhabi Commercial Bank will consolidate two systems to a single platform for POS and ATM transaction authentication, routing, switching and authorization. The single platform approach will provide cost benefits due to reduced complexity within the systems environment and the related hardware and software support costs.

Abu Dhabi Commercial Bank will run BASE24-es on a Sun Solaris platform. The software is designed to operate on a range of platforms including Sun, IBM and HP.

"We will maximize the potential of EMV to offer our customers new multi-application smart card services," said Steve Dickens, chief operations officer at Abu Dhabi Commercial Bank. "ACI's BASE24-es will not only help us achieve EMV compliance, it will provide the scalability and flexibility to support future developments."