PEX has procured the following products from ACI:

 

• BASE24 Switch

 

• Proactive Risk Management

 

• Card Management System

 

• Smart Chip Manager

 

 

 

PEX will use BASE24   to   authorize,   route   and  to  meet  processing  requirements   for  EMV  (Europay,

MasterCard

and Visa) smart card transactions.

 

 

 

BASE24 Switch

 

BASE24  was  prompted  by  a  number  of  key  requirements, including  the  need for scalable

solution   to

meet  aggressive  transaction growth  objectives,  the  bank's need to support multiple delivery

 channels

and devices.

 

 

 

Proactive Risk Management

 

Effective  risk  management  requires  organizations   to   recognize  and   react    

to   existing

patterns of cardholder,  account and  merchant  fraud  activity. There  is  also 

a  growing

need   for  anti-money  laundering   solutions   as  regulations  evolve   and

launderers

become more creative in moving illicit funds.Proactive Risk  ManagerTM

from   ACI

offers  proven  solutions   to  meet  a  variety  of  risk management 

requirements.

 

 

 

Card Management System

The ACI Card  Management   System  TM  provides  a  flexible,  integrated  processing environment for banks that issue

proprietary

and  international  cards  and  acquire  card  transactions through  ATMs  and  contracted merchants. The solution can

also  be

operated by a processor on behalf of multiple banks.

 

 

Smart Chip Manager

 

 

 

ACI  Smart  Chip  Manager  recently  received  the  2004  technology  award for smart card services

provider of the

year. The  major  development  in  card markets today is the push to replace magnetic stripe cards

with smart

cards. In  the  financial  world,  this  development  is driven primarily by the EMV mandates from

MasterCard

and  Visa. Smart  cards  are  also being increasingly introduced in other market sectors like

government,

transportation and healthcare.