8 years ago
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This card is being rolled out by French banks to eliminate fraud
Forget fraud, these new bank cards are about to change everything. Your bank security is pretty broken. It’s not your fault, it’s just really hard to keep people’s money safe, especially online. Part of the problem is that once your card details are stolen – whether through a phishing attack or by someone copying the digits on the back – fraudsters are free to go on a spending spree until you notice something’s up. They’re getting away with millions, and it’s a problem affecting over half a million people in the first half of 2016 alone.
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What happens when that screen quits working? On top of that, a lot of websites still don't require the CCV code off the back of the card, at least in America. This will help, but it brings new problems with it.
Brilliant!