Tuesday, December 2, 2008

CRYPTOCard's Two Factor Auth/Pay Card


CRYPTOCard launches combined two-factor authentication & payment card|

Canadian two-factor authentication technology developer CRYPTOCard launches its new CD-1 Credit Card Display token, a combined two-factor authentication (2FA) payment card aiming to secure card-not-present online and telephone transactions.|

The CD-1 combines authentication and payment card technologies into a credit card-sized device which generates one-time passwords, thus allowing customers to log into their online or telephone banking accounts. CRYPTOCard representatives indicate that the new CD-1 Credit Card Display token seek to help users fight online banking fraud by securing card-not-present based transactions via an integrated device for consumers combined with an integrated software service for banks.


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