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Subject: funds transfers via the Internet with a smart card.


Author:
Banrisul---10/1/2003--Brazil
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Date Posted: 14:39:42 01/10/03 Fri


Brazilian Bank Launches Internet Smart Card


Banco do Estado do Rio Grande do Sul (Banrisul) has launched a smart card program for Internet banking for its business and consumer clients in southern Brazil. In December, the bank began a pilot with 40 business customers that enables them to conduct such banking functions as bill payment and

funds transfers via the Internet with a smart card.

Banrisul plans on going live with the smart card program with these customers in early February and will seek to expand its offering to the rest of its 50,000 business customers that use its Internet banking product, OfficeBanking. It then plans to provide InternetID to consumers in April or May.

The smart card, called InternetID, connects to a smart card reader that is hooked up to the user's PC. The 32K smart cards are based on the Multos operating system. Jose Renato Hopf, Banrisul's electronic banking manager, says Banrisul is the first bank in Latin America to provide Internet banking via smart cards. The chief driver for Banrisul's InternetID launch is to provide Internet banking clients with greater

security in performing their online functions, he says. Further, users can take the smart card and smart card reader with them on their travels and so have secure access from any computer.


( 2003-01-10 )

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Re: funds transfers via the Internet with a smart card.based on the Multos operating system.14:42:56 01/10/03 Fri


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