Credit card with changing numbers protects customers against fraud
Global payment card fraud is a huge problem, costing upwards of USD 14 billion a year. But this also makes it an area ripe for innovation, and a new credit card from finance start-up Final now promises to protect its customers against fraud and the inconveniences it causes — by disposing of the traditional 12 digit card number altogether. The Final card already has 37,000 consumer requests for early access awaiting a pilot program which will launch later this year. In essence, it is a physical chip and PIN card, which can be used to pay for offline and online…
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