First Data and Oberthur Technologies sign strategic partnership

First_Data

Partner with Oberthur Technologies.

First Data and Oberthur Technologies have announced a strategic partnership to manage and promote EMV in the United States.

The partnership will leverage Oberthur Technologies’ smart cards, and Common Personalization System (CPS), along with both companies’ card personalization capabilities, to deliver a secure EMV solution. As part of the partnership, Oberthur Technologies has also become First Data’s preferred provider of EMV smart cards.

“With this agreement, First Data extends its market leadership with an outstanding solution that provides card issuers with flexibility, security and control,” said Frank Bisignano, CEO, First Data. “Oberthur Technologies’ industry-leading EMV technology and chips further strengthen our offering. The partnership reflects First Data’s determination to lead the industry in preparing for the U.S. EMV migration and provide its customers a world-class solution.”

“This agreement solidifies our leadership position in the U.S. EMV market,” said Didier Lamouche, CEO, Oberthur Technologies. “First Data’s presence and relationships in the U.S. market make them a great partner for Oberthur Technologies to bring EMV solutions to U.S. card issuers. Furthermore, the selection of our technology by the leading card processor in a partnership of such scale is further proof of how Oberthur Technologies is transforming itself to accelerate its development and capture new market opportunities.”

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