Cheap Keycorp smartcard launched

Wednesday, 26 March 2003, 12:56 AM EST

Smartcard developer Keycorp and MasterCard International have announced an affordable, high security smartcard, to address escalating debit and credit card fraud.

They have produced a $US1.99 smartcard based on MULTOS, the most secure card technology available, which they hope will accelerate the move by banks to EMV (Europay Mastercard Visa) chip cards.

EMV is a secure standard developed by issuers of the smartcards.

Unless banks move to that protocol within a certain timeframe the liability for card fraud will be transferred from the issuers to the banks.

The new pricing provides MasterCard's member financial institutions around the world with an affordable EMV card solution based up on an open platform with multiple vendors at every point in the supply chain.

[ Read more ]




Spotlight

Cloned, booby-trapped Dark Web sites steal bitcoins, login credentials

Apart from being a way for dissidents and journalists to do their business without being spotted and identified by "the powers that be", the Dark Web is also a place where criminals sell and buy illegal wares and services and, apparently, where they also get robbed by scammers.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, Jul 3rd
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //