OT strengthens its portfolio in Canada with Interac-certified dual-Interface card and Online Fraud Reduction Technology

Oberthur Technologies (OT), a leading global provider of embedded
security software products and services, and an award-winning innovator
in the payment sector, announced today the strengthening of its solution
offering in Canada. OT is proud to introduce its dual interface debit
payment card certified by Interac® and its Motion Code™ EMV payment
card to reduce Card-Not-Present (CNP) fraud.

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InteracFly - Crédit OT

InteracFly – Crédit OT

OT’s dual interface payment card with Interac Flash®, the
contactless enhancement of Interac Debit, complements its
well-established range of Visa, MasterCard, Discover and American
Express EMV products and services for financial institutions.

Additionally, OT brings to the Canadian market its innovative technology
known as the Motion Code card. Motion Code adds a new layer of
security to online transactions. It reduces CNP fraud and it is
completely transparent to the cardholders and retailers. The static
printed code (CVV) is replaced by a mini-screen that displays an
automatically refreshed code generated by an algorithm (dynamic CVV).

We’re pleased to offer both an Interac® certified dual
interface payment card and Motion Code. These products demonstrate OT’s
continued commitment to meet the needs of the Canadian market,
” said
Martin Ferenczi, President for North America at Oberthur Technologies. “OT
is proud to bring a new level of customer-focus and innovation to
Canadian customers with the best-in-class payment products and services
which are supported locally.

Recently, OT scored number 1 for innovation in the payment sector in ABI
Research’s Payment & Banking Card Technologies competitive
assessment. ABI Research provides in-depth analysis and quantitative
forecasting of trends in global connectivity and other emerging
technologies.

With 1,200 clients worldwide, OT offers products and services to meet
the needs of all end-users. Additionally, OT leverages technological
innovations to respond to client’s needs and behaviors, from online
payment to mobile payment, NFC, biometrics, etc. through comprehensive,
turnkey solutions which are easy to implement, manage and market.

ABOUT OBERTHUR TECHNOLOGIES

OT is a world leader in embedded digital security that protects you when
you connect, authenticate or pay.

OT is strategically positioned in high growth markets and offers
embedded security software solutions for “end-point” devices as well as
associated remote management solutions to a huge portfolio of
international clients, including banks and financial institutions,
mobile operators, authorities and governments, as well as manufacturers
of connected objects and equipment.

OT employs over 6 300 employees worldwide, including almost 700 R&D
people. With a global footprint of 4 regional secure manufacturing hubs
and 39 secure service centers, OT’s international network serves clients
in 140 countries. For more information: www.oberthur.com

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