The Fraud Forum

Bank Fraud => Credit Card Fraud => Topic started by: Administrator on October 10, 2016, 12:38:23 PM

Title: Credit card rolling code display
Post by: Administrator on October 10, 2016, 12:38:23 PM
A technology firm is currently seeking to bring to market a new credit card with an electronically rolling CVV code. The technology sounds very similar to the fobs/dongles employed by many banks and corporations when accessing accounts or private networks (I use one myself). With worldwide credit card fraud estimated at more than $16 billion annually, this sounds like an interesting approach. Here is a link to the story:

http://www.bbc.com/news/technology-37585247
Title: Re: Credit card rolling code display
Post by: Kerbs on September 06, 2017, 01:21:26 AM
Sounds like a good idea to me. More should be done to stop credit card fraud.