Gemalto, Innovative Card Technologies ink deal
Innovative Card Technologies Inc., a developer of the InCard DisplayCard for dual authentication for e-banking, e-commerce and secure data access, announced a product procurement agreement with Gemalto.
Under the terms of the agreement, Gemalto has made purchase commitments based on client orders for the InCard DisplayCard, a one-time password generator in a credit card form factor. This arrangement enables Gemalto to shorten delivery lead times for InCard DisplayCard deployments to enterprises and financial institutions.
At the push of a button on the InCard DisplayCard, a one-time passcode is shown on its integrated display. During an online transaction, this number is entered into a user interface with other information such as the user’s login name and static PIN for multi-factor authentication.
Gemalto will make custom client-branded InCard DisplayCards a part of its current solution portfolio. The cards are being marketed to large enterprise and financial institutions as dual-factor authenticators for online, ATM, or by phone. ![[end]](/resources/bullet/secureidnews-4.gif)
