12 December 2017
visit www.solutions.lexisnexis.com

LCL implements mobile PIN issuance

14 July 2014  |  5206 views  |  0 Woman texting using smartphone

French financial services company LCL has introduced a service that securely issues payment card PIN codes to customers via SMS texting.

The programme has been introduced initially for cardholders who forget their confidential code when out shopping or withdrawing cash. In a second phase, the bank intends to extend PIN issuance to coincide with the mail-out of newly-created cards.

LCL is using Gemalto's Netsize platform, which offers direct connections to more than 160 mobile operators globally for message delivery.

"LCL recognises the mobile channel as a new opportunity to support their continued drive to optimise card activation rates and be the top-of-wallet choice for payment," comments Philippe Cambriel, president for Europe, Mediterranean and CIS at Gemalto. "Enabling cardholders to get their PIN code on their mobile phone prompts them to start using their banking card as soon as they receive it."

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

The end of verification? Visa Europe posits new age for payment security

The end of verification? Visa Europe posits new age for payment security

09 July 2014  |  18649 views  |  26 comments | 32 tweets | 49 linkedin
Coinbase lets users text bitcoins

Coinbase lets users text bitcoins

16 August 2013  |  7435 views  |  0 comments | 5 tweets | 2 linkedin
DBS reacts to skimming with SMS alerts for ATM withdrawals

DBS reacts to skimming with SMS alerts for ATM withdrawals

18 January 2012  |  6011 views  |  0 comments
Banking Trojan hijacks out-of-band SMS security - Trusteer

Banking Trojan hijacks out-of-band SMS security - Trusteer

07 October 2011  |  10209 views  |  4 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.solutions.lexisnexis.comvisit www.aciworldwide.com

Who is commenting?

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11784 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8705 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7075 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6816 views comments | 20 tweets | 11 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
6747 views comments | 17 tweets | 35 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job