Banking cards: from origins to future

The history of banking cards began over a century ago. In 1914, American company Mobil Oil created the first cards to simplify trading operations. Decades later, in 1949, the legendary Diners Club appeared, and in the 1950s, James Bigelow revolutionized the industry by suggesting plastic as the main material for card production. Since then, technologies have been constantly improving, offering…

Biometric Cards: A New Era of Secure Payments

In today’s world, where digital technologies are becoming an integral part of our lives, the security of financial transactions is of paramount importance. ASMO, as the official representative of the Taiwanese manufacturer BEAUTIFUL CARD CORP in the South Caucasus countries, presents a revolutionary solution in payment technologies – next-generation biometric banking cards.…

Evolution of Payment Systems: From Cards to Digital

Introduction Modern economies rely heavily on developed payment infrastructure. When people have reliable and convenient payment tools with low commissions, they actively use banking services, and transaction volumes grow. This leads to reduced shadow economy activities and increased consumer demand as banks can better assess credit risks. Payment Industry Transformation From Cash to Digital Payments Cash share in global point-of-sale…

Payment Systems Technology Standards

The Payment Card Industry Data Security Standard (PCI DSS) continues to evolve alongside technology. Version 4.0, released in March 2022, represents a significant step forward in the evolution of payment industry security standards, introducing new concepts and expanded requirements for payment card data protection.

President of Poland Visits Armenia Stock Exchange

As part of his official visit to Armenia, the Armenia Stock Exchange and Central Depository welcomed the President of the Republic of Poland, Andrzej Duda. The main purpose of the visit was to learn about the operations and development strategy of the exchange and depository, as well as to explore the potential of Armenia’s financial market. The visit holds special…

AraratBank receives Visa’s Strong Partnership Award

AraratBank earned the distinguished Strong Partnership Award at the inaugural Visa Cashless Forum in Yerevan on November 22, acknowledging their long-standing productive collaboration with Visa on new project implementation. This exclusive international gathering united government representatives, leading Visa speakers, banking and finance professionals, and payment technology specialists. The event focused on essential topics including digital payment solutions, generative AI applications,…

CIU98288F SIM Cards Available for Mobile Operators

CIU98288F SIM Cards Available for Mobile Operators We are pleased to announce immediate availability of HED CIU98288F SIM cards through our direct partnership with Huada. As an authorized distributor, we offer large-volume supplies to mobile operators globally. Technical Specifications Core Architecture – 32-bit ARM processor – Big endian mode with Thumb/Thumb2 support – 7 interrupt levels – 30MHz system clock…

Introducing Glow Cards – The Future of Banking Technology

Illuminate Your Transactions: Introducing Glow Cards In the ever-evolving world of banking technology, our company stands at the forefront of innovation. As a global leader in bank card manufacturing, we’re excited to introduce our latest offering: Glow Cards. What Are Glow Cards? Glow Cards represent the cutting edge of banking card technology. These unique cards illuminate during transactions, adding a…