COLOMBES, France - Tuesday, November 8th 2016 [ME NewsWire]
(BUSINESS WIRE)-- OT (Oberthur Technologies), a leading global provider of embedded security software products, services and solutions, today announces that it has received certification from the Cartes Bancaires group (CB), a French Economic Interest Group (EIG) bringing together nearly 120 payment services establishments, for its dynamic security code payment card MOTION CODETM, a world first.
Functional and security tests applied to OT MOTION CODETM were deemed fully compliant with the requirements of CB group, thereby allowing it to receive CB certification.
As a world exclusive, in May 2015, OT had announced OT MOTION CODETM, the new standard in dynamic security code payment cards. This 3-digit code displayed on the back of the card near the signature panel is used to validate online payments. It now changes every hour automatically and randomly thanks to cutting edge technology making it possib
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