Consumer Payment Card News

Smarter Cards

Two companies have teamed to introduce a new smarter payment card that generates disposable passwords for greater security when shopping online. VeriSign and Innovative Card Technologies are combining
“VeriSign Identity Protection” with the “ICT DisplayCard.” Financial services providers and retailers can issue and accept payment
cards embedded with one-time-password authentication to protect their
online transactions from e-fraud. At the push of a button on the back of
the “ICT DisplayCard,” an integrated display shows a password that
changes with every transaction. During an online transaction, this
number is entered into a user interface with other information for
multifactor authentication. For more information visit: “www.incardtech.com”:http://www.incardtech.com.

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