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Compass Plus enjoys success at BAI 2012

bai2012BAI Retail Delivery 2012, one of the most well-established banking events of the year was held in Washington, United States on 9 -11 October 2012. The event attracted more than 200 exhibitors and thousands of senior-level decision makers within the financial services industry and Compass Plus was proud to attend BAI once again as an international exhibitor.

As one of the many innovative solution providers at the event, Compass Plus took the opportunity to showcase their EMV-enabled instant card issuance solution at their booth, to great success. The solution, built on their new open development banking platform, TranzAxis, was recently launched in the United States at FinovateFall 2012.

The move towards the EMV standard in the US was one of the most popular topics at the event, with much discussion on the opportunities that can exist as magstripe plastic is replaced with the advanced capabilities of chip cards.

“In the areas of technology, the topic of EMV seems to be gaining momentum as banks recognize that 'like it or not, it is coming' - and with the challenge of EMV, NFC, Mobile, etc. banks need to build their deployment strategy taking into account the risks and requirements of regulatory compliance. It isn't just about security: it is about convenience and functionality, which can help differentiate their brand.” Commented Anthony Genovese, VP Consulting at Compass Plus. “It was successful conference, proving that BAI Retail Delivery remain a significant gathering place for financial institutions looking for ways to re-establish or innovate their business.”

About BAI 2012:

For more than 30 years, BAI Retail Delivery has anticipated and presented countless banking innovations, new technologies and groundbreaking strategic insights. BAI Retail Delivery began as an ATM conference with 200 attendees and is now the largest retail financial services event in the world, bringing together thousands of retail banking professionals annually.

www.bai.org/retaildelivery

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