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Article: Smart card project attracts heavy hitters. (corporate cooperation on multi-industry plastic card technology)
- Article from:
- American Banker
- Article date:
- August 13, 1993
- Author:
CopyrightCOPYRIGHT 1993 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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After more than half a year of preliminaries, a multi-industry smart card association is officially up and running.
The group, calling itself the Smart Card Forum, includes some big names and somewhat strange bedfellows: American Express and Citicorp, AT&T and IBM, Apple Computer and Microsoft, and about 25 others.
The membership mix is not quite complete. MAC, the joint venture of four banks that is well along in planning for a smart-card payment system, is conspicuously absent.
But the initial members certainly have clout. They have agreed they can accomplish more together than seperately, said Catherine Allen, a Citicorp vice president and ...