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VeriSign To Offer Passwords On Bank Card

Posted by kdawson on from the third-factor dept.

Billosaur writes "Imagine the PayPal security tool embedded on a credit card. VeriSign is announcing that a deal is in the works to provide credit cards with one-time-use passwords. By placing the technology directly on the card, it becomes more convenient and provides an extra layer of security for online credit-card transactions. A cardholder would type in their information as normal and then would be prompted to enter the passcode displayed on the card. This means a user would need to have the physical card in hand in order to use it, thus thwarting identity thieves who steal credit card information but do not possess the card itself. VeriSign said it expects to announce a major bank using its cards in May."

6 of 158 comments (clear)

  1. Password request... by minotaurcomputing · · Score: 3, Funny

    Dear VeriSign,
    Can I put in a request for the password 12345 before anyone else does?
    -m

    1. Re:Password request... by EveryNickIsTaken · · Score: 1, Funny

      Sounds like the combination that some idiot would have to his luggage.

    2. Re:Password request... by EveryNickIsTaken · · Score: 4, Funny

      Neither. You should recognize the movie reference.

  2. Re:Oh great... by Red+Flayer · · Score: 5, Funny

    So I memorized my credit card account number for nothing...
    Oh great... so I memorized your credit card account number for nothing...
    --
    "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
  3. Well.. by Anonymous Coward · · Score: 5, Funny

    my password is 09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0. Oops!

  4. Not at all. by raehl · · Score: 2, Funny

    So what you're saying is that you're walking around with pockets bulging like the cheeks of a chipmunk on free nut day.

    I solved that problem by adding 30 lbs to my waistline. Now the pocket bulges are barely noticeable.

    --
    paintball