Woodforest National Bank joins the MULTOS Consortium

Woodforest National Bank joins the MULTOS Consortium

Posted on 17 May, 2017 in Category

London, UK – 17th May 2017 – The MULTOS Consortium, a group of international blue chip organisations responsible for the promotion and development of the MULTOS specifications, announced today that Woodforest National Bank, a community bank with branches in seventeen states in the US, has joined as a Partner Member. 

As a member, Woodforest will participate in the MULTOS Business and Technical Advisory Groups to contribute towards innovation and advancement of MULTOS in the financial services industry and in return, benefit from the Consortium’s marketing, technical and networking resources.  They will join a thirty strong membership organisation that includes companies spanning across the secure smart device industry.    

Brandon L Cranford, Vice President and Assistant Director of Card Services at Woodforest said “we pride ourselves in being able to deliver unsurpassed quality products and services to our customers through innovation and entrepreneurial spirit. The MULTOS technology provides us with flexibility and robust security that enhances our capabilities to provide first class payment solutions.”

Paul Wilson, Commercial Manager of the MULTOS Consortium said “We are delighted to welcome Woodforest as a valued stakeholder in the global MULTOS consortium. The bank’s ethos for innovation, differentiation and provision of quality consumer services is well aligned with their adoption of the MULTOS technology. As payment technology evolves and disruptive market trends play out, Woodforest is ideally positioned to leverage the core benefits of the MULTOS technology, security and flexibility and to remain at the forefront of the financial services industry. We look forward to working with and supporting the business success of this prestigious financial services provider.”

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About Woodforest:
For 36 years Woodforest National Bank® has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest offers both consumer and business products and services.  Woodforest is privately owned and our Employee Stock Ownership Plan is the largest shareholder. In the spirit of “true ownership” Woodforest employees strive to offer quality banking service and to understand the financial needs of every customer they serve.  Our employees live, work and “give back” throughout our many banking communities by supporting organizations and civic events with countless hours of volunteer time and financial support.  Today Woodforest has over 740 branch locations throughout Alabama, Florida, Georgia, Kentucky, Louisiana, Illinois, Indiana, Maryland, Mississippi, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, and West Virginia.

About MULTOS:
MULTOS™ is the most robust, industry-backed high security smart card platform, delivering simplicity and innovation to the world’s leading card and e-passport issuers.  With a figure in excess of one billion issued smart cards and smart devices across more than 45 countries, thousands of issuers, including national governments, banks, corporate enterprises and transit authorisites have taken advantage of the high security, multi-application platform for their deployment programmes.  A wide range of applications including EMV, payment, contactless payment, authentication, digital identity, biometrics, loyalty and mass-transit ticketing, and connected smart devices may be implemented and co-reside using a MULTOS powered chip.  For further information, visit www.multos.com

Contact: Natsuko Callan
E: natsuko.callan@multos.com

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