Innovative
Card Technologies, Inc, developers of the ICT DisplayCard
for e-banking, e-commerce and data access authentication, has
announced that Card Technology Group (CTG), a leading European
manufacturer of multi-application cards, has placed a purchase order for
the ICT DisplayCard. The purchase order was placed on behalf of CTG’s
client, a major European financial institution, for a banking systems
login trial.
The ICT DisplayCards will be customized and branded for a major European
bank. The cards will be integrated into an Open AuTHentication
(OATH)-based backend server to authenticate system logins. In this
application, the user will enter a one-time passcode displayed on the
card’s screen into an online login interface. Used in conjunction with a
static password or PIN, the ICT DisplayCard provides secure, dual-factor
authentication.
“As a custom designer, manufacturer and distributor of cards with
technologically advanced security features, we seek out unique solutions
that specifically cater to our customers’ needs,” said Detlef Kammerer,
President of CTG. “The ICT DisplayCard will provide our customers with
strong authentication security in an easy-to-carry card format. We are
very pleased to be offering this cutting-edge technology to our clients,
and eager to get this trial underway.”
CTG provides a full suite of products servicing all aspects of security
and access card manufacturing and personalization. The company has
business partnerships with system integrators, solution providers for
access controls systems, IT-Security providers, and cashless payment
systems vendors.
“Financial institutions around the globe are showing strong interest in
our user-friendly ICT DisplayCard,” said Steven R. Delcarson, InCard
Technologies’ CEO and President. “We are confident in our product’s
performance in this trial, and look forward to working with Card
Technology Group to deliver the product to this premier bank.”
About Card Technology Group
The Germany-based company provides a comprehensive range of products
tailor-made for their clients. These products include cards, labels,
keytags and other RFID media, card encoding and personalization
services, and highly advanced printing technologies.
www.cardtechnology.info.
About Innovative Card Technologies
InCard Technologies (NASDAQ:INVC) was founded in 1993 to add
functionalities to payment cards. InCard’s suite of ICT DisplayCards
enable dual-factor authentication in a convenient card form. The cards
can be configured to offer RFID physical access or payment capabilities,
and feature a screen powered by an integrated battery, circuit, and
switch. This screen displays a one-time password to verify the presence
of the card during online and voice transactions or data systems login.
