• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

IDEMIA, WorldPay Bring Dynamic CVV Solution to North America

June 15, 2018

IDEMIA and US-based payment processor WorldPay are embarking on North America’s first trial program of IDEMIA’s Motion Code payment card solution.IDEMIA, WorldPay Bring Dynamic CVV Solution to North America

Motion Code was first launched in the autumn of 2016 by Oberthur Technologies, before that company merged with Safran Identity & Security to form what is now IDEMIA. The solution essentially replaces the three-digit CVV security code found on the back of a standard credit card with a code that dynamically changes thanks to an embedded LCD display. Because the code regularly changes, it prevents fraudsters from using stolen or compromised credit card information to make purchases when they don’t have possession of the actual card.

In announcing the new North American trial of Motion Code, IDEMIA did not offer details concerning card issuer partners, timelines, or the general scope of the trial. But the company did assert that Motion Code has thus far been deployed in “[t]en different international locations”, with over 600,000 cards issued and no reported cases of CNP fraud, according to its own internal data.

Meanwhile, IDEMIA has also been busy promoting its F-Code solution, a payment card that features an embedded fingerprint sensor to enable user authentication at the point of sale. That solution also recently saw a trial project get underway, in that case in Japan; and with major players including Mastercard and Visa exploring biometric payment cards, this is expected to become a major payments innovation in the near term.

Filed Under: Industry News Tagged With: commerce, CVV, F-Code, IDEMIA, LCD, MasterCard, mobile device, mobile identity, Motion Code, payments, smart cards, Visa, WorldPay

Related News & Articles

FindFace Turns Attention to Twitter

Leaks Point to iPhone 12 Biometrics, Price Tag

B-Secur and Texas Instruments Team Up to Bring Heart Biometrics to Wearable Devices

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • FPC’s Optical In-display Sensor Gets First Design Win
  • FCC Tells Apple and Google to Get Rid of TikTok
  • Yubico Offers Subscriptions Through AWS Marketplace
  • Saskatchewan Privacy Commissioner Urges Development of Optional Digital ID
  • Wearable Authentication Company Closes $13 Million Funding Round

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 MobileIDWorld