VeriSign, Innovative Card Technologies Present “InCard”
There has been much talk about card security in recent days. High tech thieves are becoming bolder and more determined to steal and exploit your financial information. With this in mind, VeriSign and Innovative Card Technologies have joined forces to bring us the InCard. InCards come with a tiny LCD in the upper right corner. When a button is pushed on the back of the card, the LCD reveals a unique PIN that is only good for a limited amount of time.
Online shoppers particularly like this card because they can generate a new one-use authentication number right before their transactions, then forget about it. The number won’t be valid long enough for thieves to put it to use. When it’s time to make another purchase or do some online banking, customers need only generate a new number. This additional layer of security prevents thieves from ever seeing customer’s real credit card numbers. Online merchants can rest easier about accepting cards with built-in one-time-password technology.
It’s good to know that card security technology is staying competitive with criminal minds.
