BBC: Smart card aims to fight fraud

[Owen Blacker]

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http://news.bbc.co.uk/hi/english/sci/tech/newsid_1867000/1867073.stm

| A smart card that generates a one-off number every time you use it could
| help tackle credit card fraud.  
| 
| Developed by a San Francisco company called PrivaSys, it has an internal
| chip that can hold your credit and debit card details on a single piece
| of plastic identical in size and shape to all your other cards.  
| 
| [...]
| 
| The technology patented by PrivaSys enables smart credit cards to
| generate disposable numbers for each purchase.   
| 
| When you go to a shop or restaurant, you punch in a four-digit Pin number
| into the card to come up with a unique number to that sale.   
| 
| The card can then be swiped through existing card-reading devices and the
| account is debited.  
| 
| [continues...]

- -- 
Owen Blacker
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