by Andy Williams, Contributing Editor, SecureIDNews

Thanks to smart cards, U.S. Navy ships are no longer "floating banks," troops stationed overseas don't have to carry large amounts of cash, and the U.S. doesn't have to ship boatloads of currency to them. The U.S. Department of Treasury is managing four distinct smart card stored value programs for military applications: Navy Cash, Eagle Cash, Marine Cash, and EZpay.