Deloitte pilots corporate credit card

Big Four firm Deloitte is taking part in a pilot scheme to test a new corporate credit card that doubles as a tool to allow employees to remotely access their company IT system through a virtual private network. Issued by Barclaycard in association with Visa Europe, the card, which is being tested by 500 Deloitte employees for three months, has a keypad and LCD screen embedded into it, which allows users to enter a PIN and generate a one-time passcode. It is the first of its kind in Europe and is predicted to substantially reduce user costs when compared to using a separate token device to access a remote network. The technology for the card was provided by EMUE, an authentication firm specialising in the financial services market. Simon Owen, senior partner who leads the information and technology risk practice at Deloitte, said: 'The EMUE technology-enabled Visa Corporate Barclaycard offers real benefits for card issuers based on our own experiences of providing staff with one time code functionality for remote access. We estimate that we could save up to 65% per user over having a separate traditional token device.'
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