San Antonio, TX, Association of Financial Professionals Conference, Nov 10, 2010
- Gemalto, the world leader in digital security, today launched the industry‘s first credit card to combine one-time password security capabilities with standard payment. This innovation allows banks to provide a single card that delivers both payment and increased security for online transactions. The new Gemalto Ezio product is immediately available in the United States.
The card’s online secure password feature is activated by pressing a button on the face of the card. A one-time code is digitally generated and displayed. The card becomes a second factor of authentication, allowing the user to enter this unique and non-reusable numeric code on a Web page, in addition to their user name and password.
As part of the solution, Gemalto provides a turnkey platform that is plug and play with existing banking systems, for the online verification. The server verifies user authentication for online transactions and account access. Gemalto also offers complete personalization and fulfillment services.
“With the rapid growth of attempted online fraud, financial institutions are looking for effective and affordable ways to provide increased and more user-friendly online security, especially for commercial and high net worth accounts,” commented Ove Wedsjo, Head of eBanking at Gemalto. “Our brand new Ezio product equips end-users with a security token embedded in a form-factor they are very familiar with, guaranteeing high user acceptance. It allows for bankers to lower their fulfillment costs and at the same time significantly increase online security."
Products within Gemalto’s Ezio eBanking security range are already being used by over half a million online customers globally.
Gemalto Media Contacts:
Gemalto (Euronext NL 0000400653 GTO) is the world leader in digital security with 2009 annual revenues of €1.65 billion, and over 10,000 employees operating out of 75 offices, research and service centers in 41 countries.
Gemalto is at the heart of our evolving digital society. The freedom to communicate, travel, shop, bank, entertain, and work—anytime, anywhere—has become an integral part of what people want and expect, in ways that are convenient, enjoyable and secure.
Gemalto delivers on the growing demands of billions of people worldwide for mobile connectivity, identity and data protection, credit card safety, health and transportation services, e-government and national security. We do this by supplying to governments, wireless operators, banks and enterprises a wide range of secure personal devices, such as subscriber identification modules (SIM), Universal Integrated Circuit Card (UICC) in mobile phones, smart banking cards, smart card access badges, electronic passports and USB tokens for online identity protection. Moreover Gemalto delivers on emerging applications related to the ‘Internet of things’ by supplying wireless modules and machine identification modules (MIM) for machine-to-machine communication. To complete these solutions we also provide software, systems and services to help our customers achieve their goals.
As the use of Gemalto’s software and secure devices increases with the number of people interacting in the digital and wireless world, the company is poised to thrive over the coming years.
For more information please visit www.gemalto.com.
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