Amsterdam, Nov. 10, 2016 – Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, was selected by Banco Neon, a millennial-targeting smartphone-based Brazilian bank to deliver innovative Visa Quick Read debit cards to its customers. This innovative card design groups together important information, including account number, expiration date and security code, simplifying online payment with one unique entry. Neon is the first to issue a card with this new, friendly format in Brazil.

Gemalto’s one-of-a-kind Visa Quick Read design for Banco Neon leverages a striking bright blue PVC card, serigraphy lettering and image that appears whenever there is UV light, an attractive hologram, camouflaged magnetic stripe and a colorful signature panel on the back. The Visa Quick Read design provides all essential purchasing information conveniently on the front of the card. Customers securely enroll for a new account via a mobile app that uses document verification, facial recognition and biometric fingerprint ID for authentication.

“We trusted Gemalto to quickly design and deliver an appealing Visa Quick Read debit card for our customers, a group that demands secure mobile banking solutions to support their digital lifestyle,” said Pedro Conrade, CEO of Neon. “Within the first 48 hours of offering the new Visa Quick Read debit card, Banco Neon received more than 5,000 requests for new accounts and we expect to deliver more than 100,000 new cards by the end of 2016.” 

“Latin America is fertile ground for fintechs who are recognizing the opportunity to offer innovative digital banking solutions targeted to a new generation of bank customers”, said Rodrigo Serna, President for Americas at Gemalto. “Our success in delivering Visa Quick Read cards in Brazil along with our local market presence prepares Gemalto to supply innovative solutions to global fintechs throughout Latin America.”