16 December 2017
visit www.avoka.com

US Bank pilots contactless payments and access card

27 May 2009  |  5912 views  |  0 credit card

US Bank is piloting a card that can be used for for traditional magnetic stripe purchases, Visa payWave contactless transactions and to gain access to secure facilities.

The bank is trialling the technology with staff in Minneapolis, enabling participants to use their pre-paid payroll account cards to make purchases and enter their secure work location.

The card contains Inside Contactless' MicroPass 4006 platform, which consists of Visa's payWave application and Hid Global's contactless access technology.

US Bank says the combined identification, payments and access card could prove useful in sectors such as government, university, corporate, health care and transportation.

Dominic Venturo, chief innovation officer, retail payment solutions, US Bank, says: "By working with our business partners, we have been able to bring several technologies together to simplify the end solution for the cardholder."

In the UK, Deloitte employees are piloting a corporate Visa Barclaycard that includes technology for generating one-time passwords that can be used to remotely access the company's IT system.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

US banks sign up for biometric project

US banks sign up for biometric project

03 April 2009  |  13325 views  |  2 comments
MasterCard issues 50 millionth PayPass device

MasterCard issues 50 millionth PayPass device

19 March 2009  |  11146 views  |  0 comments
US Bank to roll out ICT authentication cards

US Bank to roll out ICT authentication cards

04 December 2007  |  6668 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.response.ncr.comvisit www.ebaday.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10344 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9779 views comments | 17 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7040 views comments | 19 tweets | 20 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6435 views 0 | 4 tweets | 2 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
6096 views comments | 5 tweets | 26 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job