Banco Santander Uruguay, a subsidiary of Spanish group Banco Santander, has chosen Cryptomathic and ICPayment’s card issuance solution.

The card issuance platform will combine Cryptomathic’s EMV data preparation platform CardInk and ICPayments’ SPEC personalisation software.

CardInk has been designed to offer the secure and flexible platform needed for data generation and cryptographic key management during issuance, following which card data will be transferred to SPEC solution to facilitate personalisation.

The solution has the capacity to work in mixed modes, both central as well as instant issuance. This will allow the bank to personalise cards either at a centralised hub location or at a local site, in branch or on campus as per the requirements of customers and card programmes.

The solution will be primarily used to issue chip enabled VISA Advantis and MasterCard payment cards to customers.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In addition, it can personalise ID cards, based on MiFare technology, with photos and demographic information, thereby helping support the issuance of the bank’s multi-purpose University Cards for Uruguayan students and alumni.

Banco Santander Uruguay cards product manager Daniel Gordiola said: "It was critical that the platform enabled us to quickly and efficiently deliver new products to customers.

"We explored a number of different smart card personalisation solutions before selecting the joint platform from Cryptomathic and ICPayments, which can be easily scaled to support future business requirements."