The credit card with a security code that constantly changes: British banks in talks about introducing the new technology in a bid to combat fraud



A credit card with a constantly changing security code is being launched in an attempt to combat fraud.
The three numbers on the back of the card will be replaced by a digital display randomly generating a new combination every hour.
The digital security company Oberthur Technologies is talking to UK banks about introducing the innovation and has said the cards will be used by French customers by the end of the year.
The security code on the back of most credit and debit cards is required to make payments online.
Fraud in the UK involving cards, remote banking and cheques totalled... read more

 
8 October 2016 in Business, Views: 72
Source: Daily Mail
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