New age credit card may help hinder fraud

New age credit card may help hinder fraud

In a technological advancement that may help make credit cards more secure when used along with PCI DSS guidelines, one company says its new card is the solution to credit card fraud. The financial tool generates a new code every time it is used for online and physical transactions.

"The technology is impressive," Ben Kuchera writes on Ars Technica. "The cards look and feel much like existing credit cards, and can be kept in your wallet and bent without harming the internal electronics. The difference is that an empty screen replaces a section of the numbers on the card's face, and you have to tap in a key using five built-in buttons before making a purchase."

This card would feature an LCD screen with a unique number and a coded magnetic strip on the back. When the transaction is finished, the numbers would leave the face of the card and it would return to a blank slate.

New technology like this could be a great advancement in helping customers stay secure. This should serve as a reminder that customers want advancements to keep them safe, so businesses should make sure they follow PCI DSS guidelines to help keep up with security.