Gemplus's Server Certified for MasterCard Chip Authentication Program
Gemplus International’s user authentication server, GemAuthenticate was successfully tested against the MasterCard OneSMART Chip Authentication Program (CAP) specification. The approval makes it possible for financial institutions to use GemAuthenticate with the MasterCard authentication program. Gemplus is the first smart card manufacturer to achieve this certification. Using the GemAuthenticate Server, MasterCard’s customer financial institutions can secure customer access to online banking services and online purchases using two-factor authentication. Cardholders insert their standard EMV card into a portable reader, which is supplied to them by their bank, and enter their PIN. Each time a user enters their PIN, a one-time password is generated and used to authenticate the user over the bank’s network. Users can then access their online banking services and make online purchases knowing that their personal information is safe and secure. According to Gemplus, in addition to reducing fraud, the solution can help reduce password management costs.