Merchant Innovation

Oberthur Technologies Launches First Payment Card to Secure Online Transactions

Digital security solutions provider for the mobility space, Oberthur Technologies, announced the launch of its first payment card integrating dynamic Card Verification Value/Code technology from NagraID Security (NIDS) to secure online transactions, according to a company press release.

Thus far, EMV chip technology has allowed issuers to detect and reduce “card present” fraud, but as a result, fraud is now shifting to the card-not-present space – mainly online.

OT says it is launching the first payment card integrating dCVV/dCVC technology from NIDS, the display card specialist that it acquired last month, to address this growing concern. The CVV/CVC or security code uses an additional security element to secure an online transaction, ensuring that the cardholder is actually in possession of that card. The static printed code is replaced in this product by a mini-screen that displays a code that’s automatically refreshed based on an algorithm loaded in a chip embedded in the plastic.

For both cardholders and merchants, OT’s new product is fully transparent, according to the release. There’s no plug-in to install on a cardholder’s web browser, no button to press, and the code appears at the same location on the card. At the same time, e-merchants do not have to modify their payment page on their website – the code entered by cardholders is seen by the payment page as a standard CVV/CVC code in a regular transaction.

Finally, for issuers or their processors, a specific server synchronized with the algorithm and refreshing rules defined in the cards will be needed, and is part of the OT offering with consulting services.

“Our dCVV display card is an excellent and convenient shield cardholders can have to securely access e-commerce websites and fight online fraud,” said Eric Duforest, OT’s Managing Director of the Payment Business Unit, in the release. “The solution is compliant with every existing online payment infrastructure; it brings customers reassurance together with an unchanged user experience and no need for an enrollment process, guaranteeing excellent customer acceptance and fast deployment.”

To meet consumer interest and in anticipation of mass adoption, limited samples of the product are already available and customer pilots will start in Q4 of this year.



Digital transformation has been forcefully accelerated, but how does that agility translate into the fight against COVID-era attacks and sophisticated identity threats? As millions embrace online everything, preserving digital trust now falls mostly on banks and FIs. Now, advances in identity data and using different weights on the payment mix afford new opportunities to arm organizations and their customers against cyberthreats. From the latest in machine learning for fraud and risk, to corporate treasury teams working in new ways with new datasets, learn from experts how digital identity, together with advances like real-time payments, combine to engender trust and enrich relationships.

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