Isis Mobile Wallet Rebrands as Softcard

Tim Maytom

Softcard-logo1US mobile wallet platform Isis is to rebrand itself as Softcard, in order to distance itself from the militant terror group of the same name.

The platform, which is backed by AT&T, T-Mobile and Verizon, announced the change on its homepage, saying: "In a few weeks, Isis Wallet will become Softcard. It's a different name for the same great way to pay."

The company announced a name change was on the cards two months ago, when the militant Islamic terror group first began to draw headlines with their attacks in Iraq and Syria.

"However coincidental, we have no desire to share a name with this group and our hearts go out to those affected by this violence," said Michael Abbott, CEO of Softcard. "In the next few weeks, we will launch the updated Softcard app. At that point, you can update your app as you normally would and see that your Isis Wallet has become Softcard.

"We appreciate your patience as we work through this effort. Because we've chosen to move swiftly, small traces of Isis will be visible for a short time."