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.
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