Gemalto and Standard Chartered Bank Announce First Large Scale Rollout of Display Payment Cards

  Gemalto and Standard Chartered Bank Announce First Large Scale Rollout of
  Display Payment Cards

Business Wire

AMSTERDAM -- November 15, 2012

RegulatoryNews:

Standard Chartered Bank, Ezio Display Card (Photo: Business Wire)

Standard Chartered Bank, Ezio Display Card (Photo: Business Wire)

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, and
Standard Chartered Bank, a leading financial institution, announce the first
large scale rollout of a display card solution in Singapore. Jointly developed
with Nagra ID Security, Gemalto’s Ezio onCard PAD & PAY is an innovative
two-in-one  device with a small LCD display combining EMV payment, One-time
Password (OTP) and transaction signing for e-banking. As part of an end-to-end
offering, Gemalto is also providing the authentication server, card
personalization, fulfillment and project implementation for Standard Chartered
Bank. Card personalization in particular is performed in Gemalto’s own
certified banking facilities, providing the same high level of security as
handling EMV payment cards.

Ezio onCard PAD & PAY combines Gemalto’s expertise in both payment cards and
tokens, cumulating in the creation of an innovative converged product that
brings a richer experience to Standard Chartered Bank’s customers. Available
in three configurations – standalone token card, token card with ATM cash
withdrawal, or token card with ATM cash withdrawal and credit card – users can
select their preferred option. This promotes card usage and top-of-wallet
consideration.

Standard Chartered is a leading international banking group with a strong
presence in Asia, Africa and the Middle East. Available to all its customers,
the card is launched in Singapore and is in line with the Monetary Authority
of Singapore’s requirements for customers who make use of online banking to
utilize new security tokens that are enhanced with Transaction Signing ability
from January 2013. In the near future, Standard Chartered is also looking to
include contactless functionalities in the token cards.

“At Standard Chartered, our number one priority is to safeguard our customers’
interests. The introduction of Gemalto’s Ezio onCard PAD & PAY is a tangible
example of how the bank converts technological possibility into market-leading
capability,” said Trevor Haeger, Chief Information Officer, Standard Chartered
Bank. “We are relentlessly improving our security to be ahead of the game and
ensure that our customers continue to enjoy banking safely though our
outstanding internet and mobile channels.”

“Ezio onCard PAD & PAY end-to-end solution captures the key elements for
compelling user adoption - increased trust, portability and ease of use,”
commented Tan Teck Lee, Chief Innovation & Technology Officer and President of
Gemalto Asia. “Gemalto is in a unique position, thanks to its expertise and
experience, to provide an end-to-end offer that includes consultancy,
manufacturing, personalization, fulfillment and servers, to specifically meet
Standard Chartered Bank’s requirements and ensure a smooth product launch.”

About Gemalto

Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security
with 2011 annual revenues of €2 billion and more than 10,000 employees
operating out of 74 offices and 14 Research & Development centers, located in
43 countries.

We are at the heart of the rapidly evolving digital society. Billions of
people worldwide increasingly want the freedom to communicate, travel, shop,
bank, entertain and work – anytime, everywhere – in ways that are enjoyable
and safe. Gemalto delivers on their expanding needs for personal mobile
services, payment security, authenticated cloud access, identity and privacy
protection, eHealthcare and eGovernment efficiency, convenient ticketing and
dependable machine-to-machine (M2M) applications.

Gemalto develops secure embedded software and secure products which we design
and personalize. Our platforms and services manage these secure products, the
confidential data they contain and the trusted end-user services they enable.
Our innovations offer more ways for our clients to enhance the convenience and
security of people’s digital lives.

Gemalto thrives with the growing number of people using its solutions to
interact with the digital and wireless world.

For more information visit www.gemalto.com, www.justaskgemalto.com,
blog.gemalto.com, or follow @gemalto on Twitter.

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http://www.businesswire.com/multimedia/home/20121114006937/en/

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Contact:

Gemalto Media Contacts:
Asia Pacific
Yvonne Lim, +65 6317 3730
yvonne.lim@gemalto.com
or
Latin America
Ernesto Haikewitsch, +55 11 51 05 92 20
ernesto.haikewitsch@gemalto.com
or
North America
Nicole Smith, +1-512-758-8921
nicole.smith@gemalto.com
or
Europe, Middle East & Africa
Peggy Edoire, +33 4 42 36 45 40
peggy.edoire@gemalto.com
 
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