WASHINGTON - The Smart Card Industry Association and the Smart Card Forum are collaborating to promote the role of smart cards in securing Internet transactions and enterprise systems.

The organizations have committed $500,000 to the Smart Card Security Initiative in its first two years. A full-time executive director will guide its day-to-day activities and supervise a staff and volunteers.

"We want to make sure everyone understands that smart cards are synonymous with security in the networked world," said Paul Beverly, chairman of the Smart Card Industry Association and a vice president at the smart card manufacturer Schlumberger.

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