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Groupement des Cartes Bancaires "CB" Joins GlobalPlatform

16 May 2011 – Groupement des Cartes Bancaires, the French Economic Interest Group (EIG) which manages CB interbank, payment and cash withdrawal systems, has joined GlobalPlatform.

By joining GlobalPlatform, the organization which standardizes the management of applications on secure chip technology, Groupement de Cartes Bancaires is able to keep abreast of key technical specifications from GlobalPlatform that support emerging payment trends , such as near field communication (NFC) technology. It will also be able to contribute to GlobalPlatform debates regarding the future direction and development of the association’s technology advancements.

Groupement des Cartes Bancaires will participate as an Observer Member and will take an active role within the association’s Mobile Task Force and Advisory Council as well as attending the All-Member meetings.

Jean-Yves Duveau, Direction Development & Strategy at Groupement des Cartes Bancaires, comments: “After creating our own payment specifications, we identified the increasing need for the development of industry specific technology guidelines and standards. Being responsible for system architecture, rules and procedures, the ability to contribute to GlobalPlatform’s activities and debate its future specifications is of great benefit to us.”

Kevin Gillick, Executive Director of GlobalPlatform, adds: “We are delighted to welcome Groupement des Cartes Bancaires to GlobalPlatform and look forward to sharing knowledge regarding emerging payment trends. Groupement des Cartes Bancaires’ decision to join the association confirms its commitment to developing and aligning with globally standardized industry payment solutions.”

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Notes to editors:

About GlobalPlatform
GlobalPlatform is a cross industry, not-for-profit association which identifies, develops and publishes specifications which facilitate the secure and interoperable deployment and management of multiple embedded applications on secure chip technology.  Its proven technical specifications are regarded as the international industry standard for building a trusted end-to-end solution which serves multiple actors and supports several business models.

The freely available specifications provide the foundation for market convergence and innovative new cross-sector partnerships.  The technology has been adopted globally across finance, mobile/telecom, government, healthcare, retail and transit sectors.   GlobalPlatform also supports an open compliance program ecosystem to ensure the long-term interoperability of secure chip technology.

As a member-driven association with cross-market representation from all world continents, GlobalPlatform membership is open to any organization operating within this landscape.  Its 60+ members contribute to technical committees and market-led task forces.

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