BROOKFIELD, Wis. (6/29/15) --Fiserv Inc. has expanded its card production capabilities to allow the company to complete the entire EMV chip-card production process in-house.
To embed the EMV chip into a plastic card, the card must first have a cavity milled into its body to house the chip. This process involves several steps including plastic manufacturing, embedding, testing and initialization. An efficient, repeatable EMV chip card milling and embedding process is essential to ensure superior quality, the company noted.
"As a leader in payments, fraud mitigation and card production, Fiserv is committed to supporting financial institutions as they migrate to EMV," said Jorge Diaz, Fiserv president of output solutions. “Adding milling and embedding capabilities to our already sophisticated facilities is a strategic move that enables Fiserv to deliver a one-stop-shop EMV solution. This is an important consideration for our clients as they prepare for the October 2015 liability shift deadline."
By bringing the milling and embedding process in house, Fiserv clients will benefit from a faster and more responsive solution for procuring chip cards that are fully certified by Visa, MasterCard, Discover and American Express.