What's New in Payments

RHB issues dynamic CVV cards to Malaysian customers

RHB introduces high-tech credit card — Malay Mail — “RHB Banking Group (RHB) has launched the RHB Rewards Motion Code Credit Card, featuring a dynamic card verification value (CVV) security code that regularly refreshes automatically. Acting head of retail banking Nazri Othman said RHB expects its new credit card issuance to increase by 15% annually with the launch of the high-tech credit card ― the first of its kind in Southeast Asia.”


What's New in Payments

Tech firms to explore next gen payment cards that combine fingerprint sensors with digital displays

Idex Biometrics and Visionox collaborating to develop fingerprint sensors with integrated displays — Idex Biometrics — “By combining the fingerprint sensor with a display, the user experience and security can be significantly enhanced. The display can be used for a range of features including dynamic CVV to address card-not-present fraud, user-specific information such as account balance, or to provide feedback when enrolling the fingerprint. The technology will also be applicable to other verticals such as mobile or IoT.”