Eastern Bank Ltd. (EBL), a leading issuer of debit and credit cards in Bangladesh, has introduced smart card to make authentication more secure and minimizing risks of fraud. A micro processor chip is embedded in the card, which will make it more secured and personalised. This EMV 'Chip and PIN' card will replace present magnetic stripe cards, says a press release. EBL teamed up with X INFOTECH, a leading systems integrator and MultiPerso personalization software developer to implement the smart card. MultiPerso solution, provided by X INFOTECH's includes features like - chip data preparation, secure card personalization, card instant issuing, as well as complex integration service. MultiPerso solution also provides complete support for personalization of MasterCard and VISA EMV cards. Commenting on the new cards Nazeem A. Choudhury, Head of Consumer Banking of EBL said, "We hope to benefit from worldwide experience and technological expertise of X INFOTECH. This cooperation will enable us to respond better to our clients' specific needs and offer them enhanced services". Sergei Yeliseyev, Member of the Board at X INFOTECH in his remarks said "This partnership will strengthen X INFOTECHs' presence in Asian region and reinforce spreading of new technologies in the region, as well as improve bank's credibility and reputation in terms of secure payment".