An executive with a startup credit card company that focuses on tokenization for card security said the firm would be open to working with credit unions to begin issuing its card.
The Final card will capitalize on data security concerns by generating a new card number each time a cardholder swipes it at a point of sale terminal or uses is with an online merchant, according to Benjamin Apel, director of marketing for the firm.
Final is currently headquartered in Boulder, Colo., where it recently won a place among 13 startups funded by Techstars, Boulder. To date, Final has raised a little more than $500,000 Apel said.
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