Coop Bank Denmark first to deploy Gemalto's unique bio-sourced contactless EMV cards
March 31 2015 - 1:00AM
Gemalto (Euronext NL0000400653 GTO), the world leader in digital
security, announces that Coop Bank Denmark, part of the Coop retail
group that is owned by its 1.4 million members, is deploying
Gemalto's unique bio-sourced Optelio Contactless EMV cards. This
represents the first commercial rollout of its kind, further
strengthening Coop Bank's commitment to environmental
sustainability. The cards are manufactured from a unique,
corn-based PLA1 material that is 100% biodegradable and carbon
neutral, while retaining the potential for creative, high quality
artwork solutions.
The innovative combination of bio-sourced technology and
contactless EMV has been approved by the major international
payment associations. In the summer of 2015 the card will also
incorporate the national payment scheme, Dankort. Under the
multi-year agreement, Gemalto is providing the bank with
comprehensive artwork, production and fulfilment services.
The infrastructure for contactless payments is being massively
rolled out in Denmark, with deployment of contactless-enabled POS
terminals set to boom in 2015. The speed and convenience of
contactless payments will ensure strong customer adoption and the
deployment of contactless products will open up previously untapped
markets for low value cash transactions, thus creating new revenue
streams for the bank.
"Having already deployed the first ever bio-sourced EMV cards
from Gemalto's Optelio range, it is a natural step for Coop Bank to
also launch the first dual interface version of the product. We
hope this will set a new global environmental standard for the
banking industry," said Charlotte Skovgaard, Managing Director for
Coop Bank Denmark. "Gemalto was an equally natural choice as
supplier, with proven delivery capabilities and strong local
presence in Denmark."
"Our bio-sourced solution fits perfectly with Coop Bank's vision
for a business rooted in social and environmental sustainability,"
added Philippe Cambriel, President for Europe, Mediterranean and
CIS at Gemalto. "The environmental awareness in Denmark is high and
people are expecting environmentally friendly products in every
part of their life, including banking. This new deployment will
also help to familiarize Coop Bank's customers with completing
transactions with nothing more than a tap, paving the way for even
more exciting developments such as mobile payments."
1 Made from poly lactic acid (PLA), a plastic substitute,
Gemalto's bio-sourced card is non-petroleum based, biodegradable
and compostable, and is also non-toxic if incinerated.
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the world leader in
digital security, with 2014 annual revenues of €2.5 billion and
blue-chip customers in over 180 countries.
Gemalto helps people trust one another in an increasingly
connected digital world. Billions of people want better lifestyles,
smarter living environments, and the freedom to communicate, shop,
travel, bank, entertain and work – anytime, everywhere – in ways
that are enjoyable and safe. In this fast moving mobile and digital
environment, we enable companies and administrations to offer a
wide range of trusted and convenient services by securing financial
transactions, mobile services, public and private clouds,
eHealthcare systems, access to eGovernment services, the Internet
and internet-of-things and transport ticketing systems.
Gemalto's unique technology portfolio - from advanced
cryptographic software embedded in a variety of familiar objects,
to highly robust and scalable back-office platforms for
authentication, encryption and digital credential management - is
delivered by our world-class service teams. Our 14,000 employees
operate out of 99 offices, 34 personalization and data centers, and
24 research and software development centers located in 46
countries.
For more information visit www.gemalto.com,
www.justaskgemalto.com, blog.gemalto.com, or follow @gemalto on
Twitter.
Gemalto media contacts:
Nicole Williams North America +1 512 758 8921
nicole.williams@gemalto.com |
Vanessa Viala Europe & CIS +49 89 210
299 129 vanessa.viala@gemalto.com |
Vivian Liang (Greater China) +86 1059373046
vivian.liang@gemalto.com |
Ernesto Haikewitsch Latin America +55
11 5105 9220 ernesto.haikewitsch@gemalto.com |
Kristel Teyras Middle East &
Africa +33 1 55 01 57 89 kristel.teyras@gemalto.com |
Pierre Lelievre Asia Pacific +65 6317
3802 pierre.lelievre@gemalto.com |
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