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| Subject: YOU WON THE DEBATE BEFORE STEVE--THEY SAID IT WAS GOING BANKRUPT | |
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Author: AT 10C--ERG IS NOT---STEVOEMV Migration Pioneer GarantiBank |
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Date Posted: 03:21:58 02/08/03 Sat In reply to: SchlumbergerSema's Largest Multi-Space Parking Solution 's message, "WE MIGHT BE ABLE TO SHOVE A BIT OF PROTON INTO THIS ONE SURELY?" on 03:17:34 02/08/03 Sat EMV Migration Pioneer GarantiBank Uses SchlumbergerSema Expertise for Europe's Largest Co-Branding Project GarantiBank and Various Retailers Join Forces on Multi-application e-galleon* Card in Use by Nearly Two Million Turkish Customers PARIS, December 17, 2002 - SchlumbergerSema, a business unit of Schlumberger Limited, today announced that it is supplying the smart cards and associated personalization and deployment services for Europe's largest smart payment card co-branding project - the groundbreaking BonusCard, a combined debit/credit and loyalty scheme run by Turkey's GarantiBank. Smart solutions specialist SchlumbergerSema has already delivered nearly two million of its multi-application e-Galleon smart cards, which incorporate EMV (Europay, Mastercard, Visa)-compliant credit and debit functions, and a 'ready-to-go' loyalty application. • Printer-friendly version • E-mail to colleagues GarantiBank relies on SchlumbergerSema as its supplier based on the strength of the company's track record in EMV migration and the breadth of its end-to-end solutions capabilities, plus its local presence in Turkey - essential for providing the high levels of support vital for smooth and rapid migration to smart payment standards. GarantiBank is one of the leading private banks in Turkey, providing consumer, commercial and corporate banking services through a global network. The BonusCard scheme was initiated in early 2000, and today 100 retail partners have joined in the project. It is the largest such scheme in Europe, and creates the critical mass vital to attracting new customers and maintaining the loyalty of existing ones. Its simplicity and flexibility are key to its success: GarantiBank's customers earn loyalty points when they use their credit/debit cards in participating retail outlets, which include white goods stores and sports shops, as well as petrol stations and supermarkets. These points are stored securely on the cards, for the consumers to spend at any of those outlets, whenever they choose. "Today's consumers are extremely astute. None of us in the banking community can afford to take their loyalty for granted, and we knew we had to create a scheme that would deliver real value," said Mehmet Sezgin, general manager, Garanti Payment Systems. "Migration to EMV gives us a great opportunity to gain a real competitive advantage through new services, and SchlumbergerSema is the ideal partner to maximize that advantage by establishing a fast, smooth and secure track to market." "We know that multi-application smart cards offer enormous opportunities for the banking community, but technology's only part of the story, which needs players with vision and flair to really take the market forward," said Tony Ball, vice president, e-transaction cards, EMEA, SchlumbergerSema. "GarantiBank has created a new paradigm for co-branding, one where multiple partners establish the critical mass that acts like a magnet to consumers." Drawing on more than 20 years experience in pioneering smart card innovation and leadership in Java™ technology, SchlumbergerSema - which has been named the world's leading provider of microprocessor smart cards by Gartner Dataquest** - has sold more than 2.6 billion smart cards to date. SchlumbergerSema offers a wide range of business solutions and products to smoothen the EMV migration process and improve the competitive advantage of financial institutions from its strong customer track record. About SchlumbergerSema SchlumbergerSema is one of two business segments of Schlumberger Limited, a global technology services company. With more than 30,000 employees serving customers in 65 countries, SchlumbergerSema aggregates IT consulting, systems integration, managed services and related products to the oil and gas, telecommunications, energy and utilities, finance, transport and public sector markets. Leveraging the Schlumberger DeXa* Suite of Services, it also provides IP network connectivity, information security solutions, distributed computing support services and data center hosting services. In 2001, Schlumberger revenues were $14.3 billion. For more information, visit www.slb.com * Mark of Schlumberger Sun, Sun Microsystems, the Sun logo, Java, Java Card and all Java-based marks are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries **Gartner Dataquest "Worldwide Chip Card Market Share, 2001: Card Vendors and Semiconductor Vendors", C. Hirst, April 2002. For further information, contact: Jose de Vries SchlumbergerSema Media Relations Tel: 33 1 46 00 44 67 jdevries@montrouge.sema.slb.com [ Next Thread | Previous Thread | Next Message | Previous Message ] |
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| PETRIFIED ONLOOKERS ROCK SOLID GUARANTEE | FROM BONKERS ERG IS NOT GOING BANKRUPT | 03:23:34 02/08/03 Sat |
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