Santander Mexico has migrated to Multos chip card technology for future advanced card projects.
Multos is a smart card operating system based on an open standard governed by the Multos Consortium, an open industry forum comprised of more than 20 leaders of the smart card ecosystem.
"Multos is an open, high security, multi-application platform, which brings operational benefits to card issuers and bureaus, such as more efficient personalization and reduced scripting and key management, compared to competing technologies," Multos said in a statement.
Richard Cusson, managing director of Multos International, said: "This is great step for Santander to start working on their next generation of card products, including the growing area of contactless and taking advantage of the flexibility and simplicity in the supply chain that Multos brings.
"This proves the continued growth of Multos offerings for EMV issuance throughout the region, and validates its technical benefits as financial, electronic voucher programs and government applications move to more secure chip technology."