Entrust Datacard teams with Gemalto
Identity authentication and secure card issuance company Entrust Datacard has formed a major partnership. The Minnesota-based company has teamed with payment card supplier Gemalto to offer a Software-as-a-Service (SaaS)-based instant issuance solution for US banks, reports Julie Muhn at Finovate (FinTech Futures’ sister company).
The new offering pairs Entrust Datacard’s instant issuance technology with Gemalto’s SaaS platform, lowering the barrier to entry to create an instant issuance solution for any size financial institution.
The technology gives banks complete control over the card issuance delivery process and, when they issue cards in the branch, they benefit from cost reductions not only in the form of savings on postage, but also from lowered overhead.
Here’s how it works: once a bank branch installs Entrust Datacard’s instant issuance printers they can personalise and print EMV cards on-demand. The issuance software is hosted and managed by Gemalto’s secure, cloud-based SaaS infrastructure.
Entrust Datacard was founded in 1969. It has 2,000 colleagues working around the globe to serve customers in 150 countries. Last month, the company partnered with the government of Ghana to help it issue national identity cards to its citizens in real time.