Smartcard makes protection easier

News

Smartcard makes protection easier

Antony Savvas

VeriSign and Innovative Card Technologies are joining forces to make it easier for financial services providers and retailers to issue and accept payment cards embedded with one-time-password authentication, to protect online transactions from e-fraud.

Companies that fortify their online commerce applications with VeriSign Identity Protection can use ICT DisplayCard, a “smarter” payment card with built-in identity authentication.

The ICT DisplayCard integrates the security of a one-time password token into a card the size of a standard credit or debit card.

At the push of a button on the back of the card, 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 - such as the user’s static Pin and login name - for multi-factor authentication. 

By integrating the ICT DisplayCard with VeriSign Identity Protection, the two companies will add a convenient, portable and user-friendly new token form factor to VeriSign’s growing authentication network.

Mobile banking to be targeted by fraudsters >>

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