|
| [January 14, 2013] |
 |
Datacard Group, DeviceFidelity and U.S. Bank Announce New Smart Card and Mobile Payment Program
MINNETONKA, Minn. --(Business Wire)--
Datacard Group, the world leader�in secure ID and card personalization
solutions, together with DeviceFidelity, Inc., leading Near Field
Communications (NFC) plug-and-play technology solution provider, today
announced that U.S. Bank will be using technology and personalization
services from the two companies to roll out a new contactless mobile
payment beta called U.S. Bank Go Mobile Payment Service.
Targeted to frequent travelers, the bank's pilot new program will offer
customers in the FlexPerks® Travel Rewards Visa® credit
card program a new mobile payment option. Along with their card,
customers who opt-in for the service will also receive an iPhone (News - Alert) case
that ultimately turns their iPhone 4 or iPhone 4S into an NFC-enabled
payment device.
"U.S. Bank was one of the first financial institutions in the nation to
explore microSD contactless mobile payments in 2010 when we conducted an
employee pilot of the technology," said Dominic Venturo, chief
innovation officer for U.S. Bank Payment Services. "That experience
helped us better understand what customers might expect from their
mobile device and how they might use their iPhones as payment devices."
The iPhone case, manufactured and patented by DeviceFidelity and called
the iCaisse4X, is equipped with a microNFC card - which along with U.S.
Bank's Go Mobile application - provides rich digital wallet capabilities
to customers. The iCaisse4X is the only iPhone solution certified by all
major payment networks to meet their stringent security and performance
requirements, and the unique design incorporates a portable secure
element embedded into the microNFC card.
"Success of mobile payments and NFC relies heavily on a program that
offers viable consumer benefit along with piece of mind that the service
is offered by a leading financial institution they can trust," said
Amitaabh Malhotra, chief operating officer at DeviceFidelity. "The U.S
Bank solution combines the essential elements of convenience and the
security of smart
card technology, along with loyalty, frequent use and mobility for a
consumer program to be successful."
Additionally, all the cardholder personalization for this
program-including the personalization of the microNFC card and the
FlexPerks Travel Rewards Visa Signature Card-will all be done with
Datacard® secure issuance solutions. This enables U.S. Bank
to use the same personalization technology without making major
infrastructure changes to their current card program.
"Mobile payment programs are beginning to be implemented throughout the
globe and U.S. Bank is on the forefront of this trend," said Russell St.
John, senior vice president of global marketing for Datacard Group. "We
are very pleased that U.S. Bank has selected Datacard Group as their
partner of choice for the personalization process based on the security,
efficiency and an integrated infrastructure we were able to provide.
Together, U.S. Bank, DeviceFidelity and Datacard Group are creating and
implementing innovative solutions built in a global, digital and highly
connected marketplace."
About Datacard Group
Datacard Group empowers financial institutions, government agencies and
other enterprises in more than 150 countries to securely issue and
personalize financial cards, passports, national IDs, employee badges,
mobile payment applications and other credentials. Our flexible
solutions enable Secure Issuance Anywhere™, which helps both public and
private enterprises succeed in a global, digital and increasingly
connected marketplace. Datacard is the world's best-selling brand of
secure issuance solutions. For information, visit www.datacard.com.
Follow
us on Twitter, YouTube and LinkedIn (News - Alert).
About DeviceFidelity, Inc.
DeviceFidelity, Inc. develops plug-and-play technologies that empower a
variety of institutions to deploy their NFC and mobile security services
and applications on millions of mobile phones worldwide. Its patented
In2Pay®, CredenSE and iCaisse solutions transform
popular mobile phones into interactive and secure transaction devices.
Using this technology DeviceFidelity has also launched moneto, the
world's first commercially available NFC mobile payment solution for
iPhone and Android (News - Alert). Committed to bringing innovation to mobile devices,
the company has numerous global patents around its NFC microSD
technology and iPhone accessory solutions. DeviceFidelity is a private
corporation with headquarters in Texas and offices in California, UK and
France. For more information about DeviceFidelity, visit http://www.devicefidelity.com,
follow us on Twitter (News - Alert) @DeviceFidelity or at facebook.com/DeviceFidelity.
For more information on moneto visit http://www.moneto.com,
follow us on Twitter @moneto_me or at facebook.com/monetome
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $352 billion in assets
as of Sept. 30, 2012, is the parent company of U.S. Bank, the 5th
largest commercial bank in the United States. The company operates 3,086
banking offices in 25 states and 5,080 ATMs and provides a comprehensive
line of banking, brokerage, insurance, investment, mortgage, trust and
payment services products to consumers, businesses and institutions.
U.S. Bancorp and its employees are dedicated to improving the
communities they serve, for which the company earned the 2011 Spirit of
America Award, the highest honor bestowed on a company by United Way.
Visit U.S. Bancorp on the web at www.usbank.com.

[ InfoTech Spotlight's Homepage ]
|