New Card Introduced for Financial Institution Authentication Use

Information Security Technology
STRONG Authentication

In what is being described as a “wow” product in the growing line of multi factor authentication products being developed to meet increased regulation for stronger authentication, VeriSign Inc., announced its partnership with Innovative Card Technologies, Inc., the developer of the ICT DisplayCard, to launch credit and debit cards that generate six digit, one-time use passwords as a form of online authentication. The new card was unveiled last week.

“What we’re seeing with the growing press coverage and awareness of identity theft, consumers are beginning to ask their financial institutions, or their health care, or any other site or business that holds the consumer’s sensitive data, what is being done to protect that information?” said Fran Rosch, Vice President of authentication solutions at VeriSign, Inc.

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