Interblocks Benefits from FIME’s EMV Workshops

Interblocks Benefits from FIME’s EMV Workshops
03.05.2016 11:15 am

Interblocks Benefits from FIME’s EMV Workshops

Payments , ATMs , Infrastructure

Leading payment consultancy FIME has helped Interblocks, a leading provider of integrated, electronic payment processing solutions, achieve EMV® Level 2 certification of Sri Lanka’s first ATM kernel.

FIME provided in-depth technical knowledge that assisted Interblocks in the development of its kernel roadmap. FIME also supported the payment processor throughout the ATM debugging phase with its EVAL test tool to ensure a successful formal certification that optimized product time to market. 

“With Sri Lanka in the process of migrating to EMV chip technology, achieving this certification was a big priority to support local banks, manufacturers and developers,” comments Uditha Boyagoda, Vice President – Quality and Professional Services at Interblocks. “FIME’s expertise and local knowledge was vital to enable our teams to resolve any implementation challenges quickly and be confident that our ATM would operate as required in the marketplace. With FIME’s support, we were able to progress with the certification efficiently and cost-effectively.”

“This project is a perfect example of the end-to-end implementation support we offer to customers,” adds Prakash Sambandam, Vice President – South East Asia at FIME. “We were pleased to help Interblocks with consultancy and training throughout its project to ensure its team has the expertise required to manage and maintain its ATM EMV activity. It was great to forge such a successful partnership with Interblocks, and we look forward to working together in the future.”

The EVAL test tool, combined with FIME’s consultancy and laboratory services, offers kernel developers a complete certification portfolio, supporting them in achieving compliance to a comprehensive list of certifications. The tool, which is used by FIME’s laboratories during debugging and formal approval, is available to purchase for in-house pre-certification testing. In addition, FIME’s EVAL 4dev cloud-based test service enables the validation of EMV Level 2 payment terminal kernels during the development phase, at any time and from any location. These tools and services ensure a smooth formal approval process, avoiding the costly and time-consuming delays that can occur when an error is identified at the final stage.

Related News

Mastercard enables Contactless limit raise across 29 countries; and champions permanent increase

Today Mastercard announced its commitment to enabling the increase in contactless payment limits across... Read more »

TransUnion Research Quantifies How Social Distancing is Changing Shopping Patterns

TransUnion (NYSE: TRU) today released new research that quantifies the spike in digital commerce since social distancing became widespread globally. The company found a 23%... Read more »

Wirecard expands presence in Mexico

Wirecard, the global innovation leader for digital financial technology, and Banca Afirme, a Mexican financial institution with a nationwide presence, are collaborating to... Read more »

Barclaycard to enable UK retailers to accept new £45 Contactless Limit

Barclaycard, which sees nearly half of the nation’s credit and debit card transactions, will be rolling out the deployment of the new £45 contactless limit across UK retailers... Read more »

Digital Payments in Europe to Surpass $802bn Transaction Value This Year

The increasing number of mobile phone users and the massive growth of eCommerce have led to the rapid adoption of digital payments all over the world. Cashless payments have... Read more »

SumUp launches free Mobile Payments and Invoicing across Europe to help consumers pay safely and remotely via smartphone

As Europe moves into COVID-19 lockdown - affecting small businesses and retailers everywhere - SumUp, the London-headquartered fintech and leading provider of digital payments... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel