Oct 29 2007
The Credit Cards for Online bank Transfers Reaching the Perfection
Posted by: Sierra Monica B. in News

Innovative Card Technologies, a leader in payment card industry, and eMue Technologies, specialized in identity protection methods, have worked together to develop the perfect security system for the credit cards designed to be used for online and mobile banking.
The system born is called Credit Card Embedded Authentication Device.

On the card you have a 10 digit keypad where you will enter the pin and a screen where you’ll see the authorization code to use for only one time.
Next, the new code will be entered into a special device and it will be validated via an authentication server.
In other words, the InCard has its own operating system embedded, and when you press the button on the card, you activate the battery, a circuit and the chip, this leading to a new password generated by a sophisticated algorithm.
This means that the card will have its own security system, that each time the button is pressed, it generates a different code.
The new credit card security system will debut at Cartes & Identification 2007 exhibition center in Paris, between November 13 and 15.





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