A game changer: These new credit cards will eliminate fraud


A new type of credit card which has a digital display that generates a constantly changing security code could finally put an end to credit card fraud.

The card displays a three digit security number that randomly changes to produce a new combination every hour.

The credit card has been developed by Oberthur Technologies, who are already in talks with banks and credit card providers around the world.

The company has said its Motion Code bank cards will be available to customers in France by the end of this year and will also be trialed in the UK, Mexico and Poland.

The small digital display is powered by a tiny battery which will last for up to three years, the company said.

The display is also said to be water resistant, can withstand being washed and will continue to work even if the card becomes bent.

The three digit security code that is displayed on the back of debit and credit cards is required to make payments online.


The idea behind the ever changing digital display is that if the card was ever stolen or its details were cloned, the card’s details would quickly become defunct and the fraudsters would not be able to use the card.

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The only drawback of the card is that customers will be unable to memorise the security code and will need to reconfirm their code each time they make a payment online.

Cyber security expert, Professor Alan Woodward, from Surrey University, told the BBC: “It’s surprising it has taken so long for this to appear. The technology has existed for some time so now it will be a case of persuading card processors that it is worth doing.”

“It may be costly for card operators as some extra infrastructure will be required to ensure our cards stay synchronised with the operator, but it happens already for many banks with the dongles they issue [for online banking]”, he added.

The news comes as Mastercard recently announced plans that could see customers send a ‘selfie’ of themselves as a way of confirming their identity just before they make a payment online.

The selfie would remove the need for passwords or PINs.

Customers would need to download a special app and register by uploading a photo of themselves which is then stored in the system.

Facial recognition technology would then be used to confirm the selfie whenever an online payment is about to be made.


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