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17/05/2012 20:20 AST
Al Bilad Bank, a Shari'ah-based financial organisation, is deploying the Dexxis Instant Issuance solution for EMV payment cards in over 120 branches throughout Saudi Arabia. Gemalto's end-to-end solution encompassing EMV Dynamic Data Authentication (DDA) high-end security smart cards, on-the-spot card personalisation and issuance solution will allow Al Bilad to issue up to 2,000 cards per day.
Gemalto's solution is customised in Arabic, allowing staff at Al Bilad branches to issue new cards to any customer in less than three minutes. By eliminating the need for courier services, Al Bilad guarantees that all cards are delivered in person, while also optimising costs. The Gemalto solution uses the EvolisDualys card printer which encodes both chips and magnetic stripes and also embosses the card body with the holders' personal data managed by Dexxis.
"We have already successfully been issuing EMV debit cards from over 120 of our branches using Gemalto's instant issuance solution and will soon be extending it to credit cards as a next step," said Rashedabdullah Al-Othman, Chief Information Officer, Al Bilad. "The personal nature of this enhanced delivery system also allows us to build stronger relationships with our customers and simplify the migration from magstripe to EMV cards."
CPI Financial
14/01/2018
The Board of Directors of Bank Albilad has recommended on 27/04/1439 H corresponding to 14/01/2018 the distribution of dividend to the shareholders for the period the second half of 2017 as following
Tadawul
26/09/2017
The Board of Directors of Bank Albilad has decided on 05/01/1439H corresponding 25/9/2017 the distribution of dividend to the shareholders for the first half of the year 2017 as following:
1
Tadawul
28/11/2016
Western Union, a leader in global payments services, and Bank AlBilad, one of the fastest growing banks in Saudi Arabia, launched on Sunday at the banks' headquarters in Riyadh the Western Union onl
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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