Program Start-Up
Standing up a brand new operation to issue any type of card can be complex. There
are decisions to make and pitfalls to avoid. The choice between managing the portfolio
and outsourcing to one of the large card processing firms can be a tough call to
make.
At CoreCard our consultants have helped a number of companies analyze
the alternatives and examine the strengths and weakness in either approach. What
is right for one firm is not always right for another and we can help determine
what works best for the organization.
Gap Analysis
Evaluating options can be difficult at best; many of the big name
consulting firms have reduced their staffs in recent years eliminating people with
detailed knowledge about the needs companies face. At CoreCard our team has helped
many companies walk through the difficult choices they face when evaluating options
including the decision to in-source versus outsource or the build, buy, or enhance
alternatives.
We would be less than honest if we did not say that we strongly
believe in our products and services and their inherent adaptability to meet most
customer’s needs. However, we never want unhappy customers and we will
not recommend our products or services if after conducting the gap analysis, the
conclusions suggest we are not a mutual good fit.
EMV
In Europe the EMV standard for IC cards with embedded “smart
chip” technology has gained wide acceptance, while in the United States the
adoption has been slower. Our consulting staff includes EMV card experts who have
worked with some of the larger European banks as they implemented these standards.
For companies with European operations, we have the expertise to help them implement
a CoreCard solution compatible with EMV. As EMV gains acceptance in the United
States, CoreCard can help companies make a smooth transition to this new standard.
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