First USA Bank, the credit card issuer affiliated with Bank One Corp., said it has taken an equity stake in the smart card systems developer Cybermark LLC.

The companies did not disclose the terms. First USA joins an ownership group consisting of the student loan agency Sallie Mae, Battelle Memorial Institute of Columbus, Ohio, and Huntington Bancshares, also of Columbus.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.