CardBASE teams with Welcome
CardBASE Technologies has signed an agreement with French company Welcome which establishes a partnership for the deployment of multi-applications smart card systems worldwide.
The partnership brings to the market a complete multi-application smart management solution, with Welcome's XLS loyalty software being added to the CardBASE's MASCOT solution. MASCOT is a smart card management solution which already supports EMV Debit/Credit, CEPS Purse and PKI. It is expected that the first deployment of this joint solution take place in Europe in the coming months.
Welcome provides smart card software that recognises and reward values customers in real-time, at the point of sale. The company's clients include financial institutions, retailers associations and other issuers of card programmes.
Dublin company CardBASE was set up in 1993 to provide smart card solutions for secure e-commerce. In 2001 the company ran into difficulties and having made major staff cuts it announced that it had been granted protection from creditors by the High Court. BDO Simpson Xavier were appointed as Examiners. In November a scheme of arrangement with the creditors was approved by the High Court, so that the company could continue trading.
