FIME Establishes Presence in Dubai
11 May 2011 – FIME, a global leader in consulting, test and certification services for payment systems, cards and terminals, has launched a permanent commercial presence in Dubai. Peter Farren has been appointed as Head of Business Development to lead the new operation.
The FIME operation in Dubai significantly strengthens FIME’s offering by delivering consultancy and project management services to local issuers and acquirers, which will support the development and implementation of domestic payment schemes and migration to EMV. The operation also provides testing and certification services for host systems, cards and terminals to ensure a solution meets the market’s requirements, functional and security features and industry regulations prior to launch.
Farren, who has worked with FIME as a consultant for a number of years, has been selected to manage the operation due to his expertise in the payments and finance sector, and experience in delivering EMV migration projects for brands including MasterCard and Visa within the region.
Dubai is the latest operation to be launched by FIME, which currently has offices and ISO 17025 accredited laboratories in France, Belgium, Taiwan, Canada, India, Korea and China.
Frédéric Simon, Director of the FIME EMEA region, comments: “Having an awareness and knowledge of the local market is essential in understanding the requirements of issuers and acquirers in the region and to deliver successful projects. We are therefore delighted to have established a presence in Dubai. It will considerably enhance our offering to customers operating in this fast growing economic region, as we can combine our on-the-ground knowledge with the latest technical expertise in consultancy and certification services gained from our global experience.”
FIME is speaking and exhibiting at Cards Middle East to be held in Abu Dhabi on 17-18 May 2011. Visit FIME at booth 14 to find out about migration and certification requirements for banking systems, cards and terminals. The company’s latest test tool innovations for the banking sector will be demonstrated including SAVVI, the leading software tool that automates and simplifies terminal integration certification.
For more information about FIME, visit www.fime.com.