Blackboard Inc., a Washington technology company that caters to universities, has introduced an identification card that uses contactless technology to enable payments and building access.

The goal is to "create a single system for access, payments, ID and more with one card," said Jeff Staples, Blackboard's vice president of market development and strategy for the product, known as Blackboard Transact. "Campuses can no longer afford to maintain isolated systems that don't complement one another."

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