December 20186There was a time when everything was getting digitalized and using an actual plastic card seemed a complete waste. However, with the advancements in the technology, the use of plastic cards has been taken to the next level. The smart cards and chip cards are getting a lot of traction among customers because they use higher standards of data encryption and storage technology in comparison to magnetic stripe cards, providing enhanced security to customers. Not only this, but these advanced cards also avert card skimming or cloning and are helpful in mitigating fraudulent `card present' or point-of-sale (PoS) transactions.Besides, with the easy access to the internet, the demand for online banking and shopping has also increased changing the way how customers spend their money. Due to this demand, online payments have witnessed exponential growth globally. And along with it, the risks have also increased, but with smart cards, these safety issues can also be addressed as they have the ability to keep track of transactions. Coupled with this, the increased use of mobile devices that have inbuilt features like iris recognition, voice recognition, or facial recognition, are making financial and e-commerce transactions more secure. They can also ensure authorized access to personal data, which can easily prevent any fraudulent activities in monetary transactions.In this scenario, our goal with this special edition is to highlight best-of-breed payment and card solution providers in the market. This edition blends thought leadership from subject matter experts with real stories on what selected vendors are doing for their clients, including exclusive insights from CIOs and CXOs. Send us your thoughts.Copyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.DECEMBER - 19 - 2018Contact Us:phone:510.402.1463Fax:510-894-8405Email:sales@bankingciooutlook.comeditor@bankingciooutlook.commarketing@bankingciooutlook.com DECEMBER - 19 - 2018, Volume 04 - 14 Published by ValleyMedia, Inc. To subscribe to Banking CIO OutlookVisit www.bankingciooutlook.com Editorial StaffSalesT: 510.330.5150PAYMENT AND CARD SPECIALEric Thomaseric.thomas@bankingciooutlook.comVisualizerJohn GouthamIssac GeorgeManaging EditorJames RobertsonSmart Cards for Smart TransactionJames RobertsonManaging Editor editor@bankingciooutlook.comAbhinov PunnakkalDivya Kishore Justin SmithEditorialJoseph MichaelKenneth ThomasRussell Thomas*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
< Page 5 | Page 7 >