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Technology Stocks : Gemalto N.V.

GTOMY 28.11

+3.7%

Oct 15 5:00 PM EST

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From: JakeStraw	3/31/2015 9:40:09 AM
	of 128

Coop Bank Denmark first to deploy Gemalto’s unique bio-sourced contactless EMV cards gemalto.com Gemalto 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 PLA 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.

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