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OT-Morpho Launches with CMBC the First Payment Card Featuring MOTION CODETM Dynamic CVV2 in China
September 21, 2017
  • High-tech powered card with dynamic security code (CVV2) that changes automatically every hour, displayed on embedded mini-screen
  • A solution with no impact on cardholder journey for safer online transactions: if stolen, this dynamic data becomes rapidly unusable
  • CMBC is the first bank to launch MOTION CODETM in Asia, featured on their new high-end VISA Signature card
  • A CMBC WeChat application to present the offer and order easily in one click

(AETOS Wire)-- OT-Morpho, a world leader in digital security and identification technologies, today announced that Chinese bank CMBC’s new Visa Signature credit card is the first one in China to feature MOTION CODETM, a technology developed by OT-Morpho to provide a higher security for internet transactions, considerably reducing the risk of online fraud.

Traditional payment cards feature a static cryptogram (CVV2) used to pay online, printed on the back of the card next to the signature panel. This data, as well as the card number (PAN) and expiry date, may be stolen and used to pay online fraudulently.

With"...

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Adel Hafez, the festival organizer,"...

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She said “I want to urge Federal Government to support"...

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The"...