Innovative Card Technologies (News - Alert), developers of the ICT DisplayCard for ebanking, ecommerce and data access authentication, has announced a two-year supply and license agreement with RSA, The Security Division of EMC (News - Alert).

This agreement provides that Innovative Card Technologies’ one-time passcode authentication cards will be available to RSA’s customers throughout the world.

With this agreement, these two organizations will further their long-standing technical collaboration and complete the integration of RSA’s two-factor authentication technology into the ICT DisplayCard.

A vast majority of the Fortune 500 companies leverage RSA products and solutions to protect their information assets.

"It is a key focus for RSA to enable consumers, enterprises and government organizations to balance convenience, risk and cost-of-ownership through their security investments and choices. Our technical integration agreement with Innovative Card Technologies bears witness to the strength of that commitment," said Christopher Young, Vice President and General Manager, Identity & Access Assurance Group at RSA, in a Wednesday statement.

"We are excited about bringing a new two-factor authentication form factor to the market, and further extending our portfolio of options that helps our customers to take advantage of strong authentication in an easy-to-use and convenient manner."

The ICT DisplayCard is a device that integrates the security of a one-time password authenticator into a card the size of a standard credit or debit card that can be conveniently slipped into a wallet for easy access.

 

When the button on the DisplayCard is pushed, an integrated display shows a passcode that will change with every transaction. InCard and RSA have collaborated to develop a DisplayCard that can authenticate online transactions via RSA Authentication Manager software, which is used by more than 20,000 organizations worldwide.

"RSA's commitment to bringing our product to market shows confidence in both the technology and the market appeal of our ICT DisplayCard," said Steven R. Delcarson, CEO and President of Innovative Card Technologies, in Wednesday’s statement.

 

"We are proud that the ICT DisplayCard has passed RSA's stringent technical requirements. InCard's partnership with RSA will assist in winning customers and market share with the ICT DisplayCard, a powerful weapon for consumer security in the fight against global Internet fraud."

With the steady rise in credit card fraud and identity theft throughout the world, consumers are demanding better solutions to protect their information and themselves. Innovative Card Technologies and RSA are working together to offer technologies that cater to this need and help to drive more secure transactions to the benefit of the consumer and the merchant.

Susan J. Campbell is a contributing editor for TMC (News - Alert) and has also written for eastbiz.com. To see more of her articles, please visit Susan J. Campbell’s columnist page.