|Venture Round, 1/06 |
YFM Venture Finance
Aconite Technology Ltd. provides software and consulting services for managing business applications on chips in smart cards, tokens, or mobiles. Its products include EMV Transaction Enabler, which provides a solution for EMV authorization processing for smart cards, tokens, and mobile payments; EMV Script Processor, which enables clients to react to changes in an individual customerâ€™s behavior and credit standing by changing how their smart cardâ€™s, tokenâ€™s, or mobileâ€™s EMV application will respond when next used; Risk Status Translator, which helps issuers to exploit the risk management benefits of EMV migration by empowering them to take control of the post issuance behavior of the smart card, token, or mobile based payment application; and PrePaid Value Manager, which provides issuers with a entry into prepaid market with secure smart card, token, or mobile based products. The companyâ€™s consulting services comprise strategy and planning, delivery, and implementation services. It serves banking and finance, corporate, education, government, healthcare, mobile payments, retail, and transit sectors. Aconite Technology Ltd. has strategic partnership with Datacard Group, Fidelity National Information Services, FairIsaac, First Data, Master Card, Visa, and tieto. The company was founded in 2000 and is based in London, the United Kingdom.