Wednesday, March 14, 2012

VeriSign to Offer Passwords on Bank Card

NEW YORK - A leading provider of digital-security services wants to make disposable passwords easier for consumers to accept by squeezing the technology into the corner of a regular credit or ATM card.

Fran Rosch, vice president for authentication services at VeriSign Inc., said the one-time passwords haven't taken off in the United States partly because consumers need to carry a small device that generates passwords on the fly. That barrier is removed, he said, by having the technology built into cards consumers already carry.

VeriSign was expected to announce a deal Tuesday with Innovative Card Technologies Inc. to outfit banks and e-commerce sites with cards that work …

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