Sagem Orga and Sheltering, an ICT security solutions company, have entered into a distribution agreement beginning in January 2007, to deliver Sagem Orga's banking smart cards solutions to the Italian market. The alliance will focus specifically on Italian banks and European large scale issuers with operations in Italy.
The partnership will see the delivery of a combined European service infrastructure for EMV banking cards to service the banking market in Italy. As a specialist in smart card technology for the German, French and European debit and credit markets, Sagem Orga is strengthening its position in Europe for the migration into a Single European Payment Area.
With Italian banks buying assets in Germany, France and eastern Europe, the alliance will provide best-of-breed service and support to Italian financial institutions by offering a complete EMV product and service portfolio in a broader European service delivery model, including online authentication solutions and contactless smart cards, among others.
The alliance with Sheltering is a further milestone for Sagem Orga. This agreement gives us greater access to Italy and the opportunity to support the expansion of our rapidly growing customers in Europe, commented Silvio Stockmann, vice president and head of business unit banking.