type public sehk 2086 founded hong kong 1995 headquarters hong kong area served worldwide key people alice tsui chairman products smart cards smart card readers & automatic fare collection solutions revenue usd31 .5 million for 2014 1 website www.acs.com.hk advanced card systems ltd acs is a hong kong based company founded by denny wong in 1995 . it is a fully owned subsidiary of advanced card systems holdings ltd. a publicly listed company on the hong kong stock exchange . acs develops smart cards smart card readers and related products and distributes them to over one hundred countries . it was ranked by frost & sullivan as one of the world s top 3 suppliers and asia pacific s top supplier of pc linked smart card readers . 2 in 2010 2014 and 2015 it was listed among forbes asia s best under a billion 3 a prestigious list of 200 top performing companies with sales between us 5 million and us 1 billion selected from publicly listed enterprises in asia pacific . 4 acs had 400 full time employees as of december 2014 . 1 the group recorded in 2014 a sales revenue of more than usd31 .5 million . 5 contents 1 management team 2 products and services 3 awards and recognition 4 applications 5 websites 6 references management team edit 1 name title alice tsui chairman chi ho wong co chief executive officer chi kit wong co chief executive officer keng boon tan chief technical officer elsie lai executive vice president gilbert leung senior vice president sales and marketing sammi suen financial controller products and services edit acs develops and supplies smart card reading and writing devices smart cards and other related products categorized into the following product lines 1 . smart card and card operating systems 2 . pc linked smart card readers 3 . mobile card readers 4 . contactless readers 5 . smart card readers with pin pad 6 . pc linked readers with mass storage 7 . dynamic password generators 8 . smart card reader modules 9 . software development kits acs products are certified and compliant with global and national industry standards . these standards include nfc forum certification ; emv level 1 & 2 ; visa paywave ; mastercard paypass ; american expresspay ; discover zip ; unionpay quickpass ; mondex ; emv cap and visa dpa ; qpboc and pboc the people s bank of china ; nets singapore ; ce ; ul csa ; u.s. federal communications commission fcc ; vcci voluntary control council for interference by information technology equipment ; kc ; fips federal information processing standards ; and registration evaluation authorisation and restriction of chemicals reach . 6 acs also offers product customization services to meet customer specifications . these include custom branding on acs smart card and reader products . 7 acs also provides end to end smart card based solutions . acs has already delivered automatic fare collection afc retail and micropayment solutions all over the world . 8 furthermore acs conducts consultation and training sessions to help grow the smart card industry . in 2008 acs offered an elective course on smart card technology in de la salle university manila . 9 in 2010 it conducted the first ever basic smart card training in the philippines . it also conducted a two day training on smart cards in the information technology services center itsc of the chinese university of hong kong cuhk . 10 awards and recognition edit 2003 frost & sullivan growth strategy leadership award 11 2006 frost & sullivan world business development strategy leadership award for world pc linked readers industry 12 2006 d ucoty product innovation award in telecommunications 13 2007 top smart card reader supplier in china award from china information industry chamber of commerce and china software industry association 14 2007 iso 9001 2000 standard certification for quality management systems 15 2009 frost & sullivan award for smart cards product quality leadership 16 2009 hong kong awards for industries for eh880 secure smart card terminal 17 2010 forbes asia 200 best under a billion list 18 2013 hong kong awards for industries for acr320 ticket validator 19 2013 one of hong kong s most influential brands 20 2014 certificate of merit for communications in apicta awards for acs contactless smart card reader module technology 21 2014 technological achievement award in 2014 hong hong awards for industries for acs contactless smart card reader module technology 22 2014 forbes asia 200 best under a billion list 23 2015 forbes asia 200 best under a billion list 24 2015 best loyalty programme in smart awards asia for e plus tap to pay 25 2015 best mobile payment product experience in golden pine awards for acr35 nfc mobilemate smart card reader 26 2015 innovative product award golden ant award in national golden card project for acr35 nfc mobilemate smart card reader 27 applications edit system integrators software developers and solution houses worldwide use acs smart card and card reader technologies to create smart card based applications for security systems in various sectors including banking transportation identification e health e government access control and e commerce . 28 banking in 2009 acs deployed 100 000 acr38 smart card readers for the implementation of an online home banking project in an east asian country . the project involved acs s cooperation with the country s local bank and telecommunication company to integrate acs smart card technologies into voip enabled desktop phones that customers used to access online banking services at home . 29 in 2009 acs also received over 60 000 orders of acr30 smart card readers from hong kong banks . this banks were complying with the hong kong secure e banking project which entailed using the hong kong identity card . 30 following hong kong monetary authority hkma guidelines that took effect in july 2005 these banks employed two factor authentication tools like e cert for high risk online banking transactions . 31 the bank of america asia boc credit card international limited bank of china hong kong chiyu banking corporation limited nanyang commercial bank bank of communications hong kong branch the bank of east asia citic ka wah bank and dah sing bank all used acs s acr30 to read smart id cards embedded with hong kong post e cert . 32 access control in 2011 acs was chosen as a smart card reader supplier for a solution intended to secure us embassies worldwide . the us department of state dos had initiated a tender for a reader to secure physical and logical networks for embassy employees . partnered with one of the bidders acs proposed the acr3801 smart card reader a taa compliant fips 201 certified pc linked reader . these standards enabled the acr3801 to meet the security challenges presented by the dos . 33 acs also participated in the security enhancement project set up by the world olympians association woa for the 2008 beijing olympics . acs provided acos3 microcontroller smart cards to identify around 4 000 guests and acr88 handheld pin pad readers to read the smart cards . 30 acs partnered with artemis solutions group asg which specialized in providing a complete credential management system for attendees of the olympic reunion center orc . 34 transportation in august 2009 acs supplied acr122 near field communication nfc readers for ez link cardholders to manage their new ez link cards at home . via the ez online system cardholders can check and print their 20 most recent transaction records top up their cards from a bank account and load ez coupons that may be used to redeem bonuses once the ez link cards are presented to retail shops . 35 government in 2013 acs was chosen by a middle eastern country s ministry of labour to supply smart card readers that will help make labour transactions paperless and performable outside government offices . acs supplied the acr89 which was distributed directly to organizations and installed in service centers throughout the country so that they may be more conveniently accessed by company operators and owners . this accessibility coupled with a secure authentication system generated savings for both the government and various companies and organizations ; simplified processes ; and improved records management . 36 also over 100 000 acs acr38 smart card readers were deployed during the pilot run of the project belgian eid card reader for the 12 year olds in 2006 . the decision to utilize acs smart card readers was issued by the federal information and communication technology fedict department of the belgian government . 37 in the same year the egyptian government began issuing smart taxation cards to taxpayers for security reasons . acs s acr100 simflash smart card readers were used to input check and back up transaction information of the taxpayers . 38 ehealth in 2008 acs won a tender to supply 600 000 units of pc linked contact smart card readers to the regional government of lombardia italy . the readers were used for read and write operations on health cards used by lombardian citizens pharmacies doctors hospitals etc. to access medical services as well as online government services . 39 retail in 2013 acs was chosen as the primary technology partner of the philippines largest mall developer operator and retail company for an end to end loyalty payment and automated fare collection afc solution . acs s scalable solution enabled faster and more convenient transactions for mall visitors while improving generation accessibility and management of transaction reports . 40 in 2006 acs s acr120 contactless smart card readers were adopted by a high end japanese supermarket in hong kong for its customer loyalty program which began transitioning from contact to contactless smart card technology in 2005 . 41 meanwhile acs was selected to provide acr122 contactless card readers to pacific century cyberworks limited pccw hong kong in 2008 . acr 122 octopus card readers were made available to be connected to pccw s multimedia voip phone thus allowing cardholders to check their card balance and their ten most recent transactions in the hong kong octopus card without the need for octopus enquiry machines that are located in mtr stations only . 42 websites edit official acs information may be found at corporate website acs slideshare references edit a b c acs 2014 annual report . retrieved 10 august 2015 . frost & sullivan 7 june 2010 . world smart card readers and chipsets market . frost.com . retrieved 12 april 2011 . http www.acs.com.hk en press release 2068 acs holdings ltd. receives award as one of forbes asias best under a billion 2015 forbes asia 24 june 2015 . forbes asia s 200 best under a billion . forbes.com . retrieved 8 august 2015 . http www.acs.com.hk en financial summary interim results announcement for the six months ended 30 june 2012 pdf . retrieved 12 november 2012 . acs product customization . retrieved 12 april 2011 . acs solutions . retrieved 8 august 2015 . acs offers elective course in de la salle university manila . 27 august 2008 . retrieved 12 april 2011 . cardsnow asia 13 may 2009 . acs providing smart card tech training to cuhk . cardsnowasia.com . retrieved 18 february 2010 . advanced card systems receives frost & sullivan s . smartcardstrends.com . 16 october 2003 . retrieved 18 february 2010 . frost & sullivan 10 october 2006 . frost & sullivan recognizes advanced card systems ltd for business development strategy leadership for world pc link readers market . frost.com . retrieved 18 february 2010 . advanced card systems receives d ucoty s product innovation award . usasmartcard.com . 27 july 2006 . archived from the original on 6 january 2010 . retrieved 18 february 2010 . acs to gain worldwide recognition in the smart card industry . smartcard.com.cn . 27 june 2008 . retrieved 19 february 2010 . acs has achieved iso 9001 2000 standard