09:26 PM
Cynthia Ramsaran
Cynthia Ramsaran
Connect Directly

Card News Roundup

NTT Develops Multi-application Smart Card; Axalto's e-gate USB Smart Card; Visa Launches Smart Secure Storage; JCB Tests Biometric Authentication; Charter One Bank Launches MasterCard Gift Card; Bank of Finland Sells Setec Shares

Visa Launches Smart Secure Storage

Visa International (San Francisco) has launched Visa Smart Secure Storage (VS3), a specification that enables merchants to add non-payment applications to chip-based payment cards. The specification allows issuers to create pre-formatted"cells." The cells can be offered to merchant partners to populate with applications such as loyalty rewards programs, personal identity services and club memberships. The VS3 specification also allows merchants to share customer data, subject to the issuer's conditions.

3 of 6
Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.