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Monday, November 9 - 2009

Al-Faris partners with Aconite to deliver EMV compliance service

Al-FarisŪ Information Technologies Co. K.S.C.C (Al-Faris), the leading Middle East e-Business innovator, announced recently that it has teamed up with Aconite in the UK to deliver EMV Expert Services for the banking industry in the region.

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  • Timothy Shea, CMC (Manager & Principal Consultant at Al-Faris Business Consulting), Mr. Haitham Al-Faris; (Chairman and CEO of Al-Faris), Chris Black (Regional Director at Aconite)
    Timothy Shea, CMC (Manager & Principal Consultant at Al-Faris Business Consulting), Mr. Haitham Al-Faris; (Chairman and CEO of Al-Faris), Chris Black (Regional Director at Aconite)
The global migration from magnetic stripe to EMV smart credit and debit cards is underway, posing challenges to all those involved. There is a shortage and immediate need for EMV consultancy services due to the complexity of the problem and the January 2006 deadline.

"Aconite boasts one of the most experienced teams of specialist EMV consultants and Product Development Teams of any organisation. Our people all have direct hands-on experience of EMV and other smart card programs, from strategy and business case, through requirements and development to testing and implementation. Aconite are recognised as thought-leaders in EMV and smart card strategy, as demonstrated by our unparalleled success with a wide variety of key international clients", said Chris Black, Aconite's Middle East Business Development executive. "Al-FarisŪ Business Consultings unique approach is the winning combination with Aconite's expertise and we acknowledge Al-Faris unique position as the only serious partner for EMV," he added.

"Al-FarisŪ recognizes that there are challenges for all our clients in the banking sector," said Haitham Al-Faris, CEO. "We want to see our banking clients become compliant with EMV compliance mandate by the deadline of January 2006, but also our expert consulting services will help them reap the EMV business benefits beyond the compliance issues," Mr. Al-Faris continued.
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Notes and media contacts

About Aconite
Established in February 2000, Aconite is a business IT consultancy and software solutions provider with specialist expertise in EMV and smart card solutions. Aconite partnered with Al-FarisŪ business partner in May 2005.

Aconite has a team of consultants who have specialist knowledge of EMV in general and the issues within the GCC states in particular. This is complemented by a range of professional skills which encompass business consultancy, programme and project management, technical architecture, business analysis, development and testing.

Aconite offers its customers a powerful combination of consulting services and Software Solutions, with specialist expertise in EMV and Smart Card Solutions.

Aconite has had a key role in supporting the development of the SPAN2 specification for SAMA, and undertaken more that 4 assignments within the GCC states covering EMV awareness and education, Strategy Development, Impact and Gap Analysis and EMV Programme Planning and Management.

About Al-FarisŪ ABC
The Al-FarisŪ Business Consulting (ABC) unit is a traditional management consultancy, dedicated to serving executives and leaders of top Middle East organizations.

ABC specializes in CRM and other management solutions and embraces the "big picture" beyond technology - we address the challenges related to strategy, people and business processes as well as technical solutions.

About Al-FarisŪ Al-Faris Information Technologies Co. (Al-FarisŪ) is a Kuwaiti Shareholding Company (Closed), located in Kuwait City, State of Kuwait with regional offices and presence around the Middle East. Al-FarisŪ, founded in July 1988, is the Middle East e-Business Innovator delivering solutions and services for growing enterprises. Al FarisŪ offers business consulting services and designs scalable and innovative eBusiness solutions that are built based on "best of breed" technology and superior service that create massive economic results to the clients. Al FarisŪ provides innovative, open and flexible solutions of relationship management, electronic commerce and application hosting to corporate businesses so they can capitalize on the Internet technologies to transform the way they support their customers, develop their markets, and build their business to stay competitive.

Al-FarisŪ assures quality and customer satisfaction through continual improvement providing delivery of the highest quality products and services helped us achieves ISO 9001:2000 certification in the State of Kuwait.

Press Contact
Entesar Al-Awadhi
PR/Communication Manager
Al-Faris Information Technologies Co. KSCC
Tel: +965 240 8 240
Fax: +965 242 7 209

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