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Bank of the Philippines Islands teams up with Gemalto to combine Banking and Transport into one prepaid card

 Gemalto (Euronext  NL0000400653 GTO), the world leader in digital security, is supplying the Bank of the Philippines Islands (BPI) with EMV prepaid banking and transport cards that support beep^{TM 1}, a contactless ticketing system for Manila Metro. BPI is one of the leading banks in the Philippines, and the first to cater to both EMV and transport payment. The two-in-one card leverages Gemalto’s Optelio technology and gives commuters greater security and convenience while increasing the transaction volume and user base for financial institutions.

Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2015 annual revenues of €3.1 billion and customers in over 180 countries. We bring trust to an increasingly connected world.

Gemalto’s solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software – enabling our clients to deliver secure digital services for billions of individuals and things.

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