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| Subject: "KBC was involved in the launch of the Belgian e-purse1995 | |
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Author: common IT card-related development banks in the KBC Group." |
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Date Posted: 08:11:59 01/26/03 Sun http://www.protonworld.com/press/pr/PR_2002-03-28_KBC_ENG.pdf ----------------------------------------------------------- PROTON PRISMA CARDS TO BE ISSUED IN CENTRAL & EASTERN EUROPE ----------------------------------------------------------- KBC associated companies in the Czech & Slovak Republics, Hungary, Lithuania, Poland and the Ukraine to implement Proton World's EMV PLUS Brussels, 28 March 2002: Proton World and the KBC Bank & Insurance Group, one of Europe’s important financial groups, today announced that they had signed an agreement licensing KBC Bank to implement the Proton Prisma multi-application smart card technology in a number of its associated banks in Central and Eastern Europe. As a group, they opted for a single secure chip card platform, i.e. the end-to-end highsecurity multi-application system, Proton Prisma, developed by Proton World. ----------------------------------------------------------- As a financial group, KBC is active outside Belgium through a network of subsidiaries, associated companies, representative offices and branches as well as through a series of international partnerships. In an initial phase, the agreement will involve CSOB Bank in the Czech Republic (with branches in the Slovak Republic), Kereskedelmi es Hitelbank (K&H) in Hungary, and the Poland-based Kredytbank, which also has branches in Lithuania and a subsidiary in Ukraine. The agreement also provides for possible implementations of Proton Prisma technology by other KBC associated companies. ----------------------------------------------------------- KBC’s associated companies will issue the Proton Prisma smart cards primarily for use with EMV PLUS, Proton World’s credit/debit application. They will start the project immediately after the agreement is signed in order to be able to issue the first EMVPLUS credit/debit cards during 2002 as part of the banks’ EMV migration plan. ----------------------------------------------------------- By opting for the high-security Proton Prisma technology, KBC’s affiliates will expand the capabilities of their legacy card systems to incorporate the strengths of the full end-toend card management capacities of CALC (Card Application Life Cycle Manager), ----------------------------------------------------------- MATRIX (Proton World’s multi-application card management and personalization environment), and DFM (Data File Manager, allowing flexible implementation of third party applications). The agreement also covers the potential implementation of ASPIC, Proton World’s improved PKI application. ----------------------------------------------------------- Proton Prisma offers KBC Group a wide range of fully compatible card profiles, ranging from its basic step-in card profile (BP) to the secure post-issuance Java Card- multiapplication high-end card profile (Dynamic Profile or DP). Moreover, Proton Prisma guarantees its customers full application interoperability and an independent choice of card manufacturers. ------------------------------------------------------------ "KBC was involved in the launch of the Belgian e-purse, the first application of Proton, as far back as 1995. We are pleased that our long-standing relationship with KBC Bank has resulted in KBC's endorsement of the flexibility, security and comprehensiveness of Proton Prisma, the second generation of Proton technology, at a time when its affiliates are deciding on their chip card migration programme", says Armand Linkens, CEO of Proton World and ERG Group Managing Director for the EMEA region. "Proton World's continued dedication to research has kept it at the leading edge of secure smart card application development, safeguarding the smart card investments of KBC Bank, its affiliates and customers." ------------------------------------------------------------ Herman Agneessens, KBC: ------------------------------------------------------------ "By choosing Proton Prisma as the common chip card platform for KBC’s international retail banking approach, we will be able to migrate to EMV in a cost efficient way. Not only will the joint purchasing of cards cut costs for KBC on the short term, it may also lead to permanent cost reductions by means of common IT card-related development for all banks in the KBC Group." ------------------------------------------------------------ Mr. Pavel Kavánek, Chief Executive Officer of CSOB Bank, Mr. Tibor Rejt, Chief Executive Officer of K&H Bank, and Mr Stanis³aw Pacuk, President of Kredyt Bank, were present yesterday at KBC's Belgian offices to sign the contract. ------------------------------------------------------------Pavel Kavánek, Chief Executive Officer, CSOB: "CSOB hopes that this agreement will be a signal for other banks in Central Europe to opt for Proton Prisma technology for their chip card platform, so that cardpersonalization and processing efficiency in the Central European card market can be enhanced." ----------------------------------------------------------- Stanis³aw Pacuk, President, Kredyt Bank: "The KBC Group's invaluable experience with chip cards and Proton World’s knowledge make us confident that Kredyt Bank's migration from the existing card programs to EMV will run smoothly, especially since the chip card market in Poland is developing successfully." ----------------------------------------------------------- Tibor Rejt, Chief Executive Officer, Kereskedelmi es Hitelbank: "Thanks to the Proton Prisma platform, K&H can combine its innovativeness in the field of card programs with the benefits of the standardized card approach of the KBC Group" ------------------------------------------------------------ Note for editors: ------------------------------------------------------------ Extensive business and technical information about Proton Prisma, CALC, MATRIX, DFM and the EMV PLUS application is available on www.protonworld.com/products. ----------------------------------------------------------- About KBC and its associated companies CSOB Bank (Czech Republic) CSOB is one of the premier financial services groups in Central Europe. Acquired in 1999, it caters for 3.4 million customers in the Czech Republic - where it leads the market (market share of 20-25% in lending and customer deposits) - and in Slovakia. ----------------------------------------------------------- http://www.csob.cz ----------------------------------------------------------- E-mail: webmaster@csob.cz ----------------------------------------------------------- K&H Bank (Hungary) ----------------------------------------------------------- K&H is the second largest financial services group in Hungary with a market share of 15% and a wide range of services and investment products. This large universal bank ranks first in the corporate and second in the retail business in the Hungarian financial market. Its controlling shareholders are KBC and ABN AMRO. ------------------------------------------------------------ http://www.khb.hu ------------------------------------------------------------ E-mail: khbinfo@khb.hu ------------------------------------------------------------ Core activity: Central Europe ------------------------------------------------------------ Kredytbank (Poland) ------------------------------------------------------------ Kredyt Bank S.A. is one of the top five banking groups in Poland by total assets, with increasing market shares in deposits and loans. Its network comprises nearly 390 outlets spread nationwide. ------------------------------------------------------------ It has a branch and service outlets in Lithuania, a representative office in Kaliningrad (Russia) and a subsidiary in the Ukraine (West-Ukrainian Commercial Bank). ----------------------------------------------------------- http://www.kredytbank.pl ----------------------------------------------------------- e-mail: bprasowe@kredytbank.com.pl ----------------------------------------------------------- PROTON WORLD develops, licenses and delivers high-security payment and identity smart card systems based on the market-leading Proton technology. There are Proton licensees in 24 countries: together they have installed over 315,000 terminals to date, with 40 million cardholders performing millions of transactions each month. ------------------------------------------------------------ Building on the solid foundations of its expertise in and its extensive network throughout the banking and finance sector as provider of the world's most frequently-used electronic purse technology, Proton World has developed Proton Prisma, a family of products that provides an infrastructure for secure multiple-application smart card programmes (debit, credit, domestic and interoperable purse, PKI and others), offering issuers a wide choice of certified hardware vendors, simplified mass personalization, dynamically-downloadable applications and multivendor card sourcing. Proton Prisma implements international smart card standards, such as ----------------------------------------------------------- CEPS, EMV and GlobalPlatform. ----------------------------------------------------------- Proton World is a member of the ERG Group, a global technology group, and specialist in transit and multi-application systems. ------------------------------------------------------------ For more information, please visit the Proton World website at http://www.protonworld.com ------------------------------------------------------------ or contact: Ms Dominique Hautain, SVP Business Development ERG EMEA ------------------------------------------------------------ Telephone +32 2 724 5111 Fax +32 2 724 5060 ------------------------------------------------------------ e-mail info@protonworld.com ------------------------------------------------------------ [ Next Thread | Previous Thread | Next Message | Previous Message ] |