Home Trust, a Canada-based provider of financial product and service alternatives, has selected Gemalto, a provider of digital security products and services, for the migration of its magnetic stripe credit cards to EMV (Chip and PIN) smart payment cards.
Gemalto said it will provide microprocessor payment cards, as well as data preparation, card personalization and fulfillment at its facility in Ontario.
Gemalto’s consulting service will be engaged with the project providing guidance in how to interact with all members of the payments ecosystem to ensure Home Trust is prepared to meet the Canadian EMV requirements. Gemalto will also train the Home Trust team on all activities associated with EMV migration.
Gerald Soloway, CEO of Home Trust, said: “Gemalto has already provided us with the comprehensive and collaborative support that we needed to begin issuing EMV payment cards and successfully participate in the pilots in Kitchener-Waterloo, Ontario. We are looking forward to continuing our work with Gemalto to complete our conversion to EMV technology.”
Jack Jania, vice president and general manager of secure transactions at Gemalto North America, said: “We are honored to be working with Home Trust and will leverage our global EMV migration experience to ensure a smooth transition to EMV compliant cards.”