MasterCard Adds OTP built into the card itself

Very cool indeed.  I hope this starts a sea change in the banking industry.

MasterCard has announced that it will be rolling out new credit and debit cards with integrated display screens, in an attempt to further prevent bank fraud.  The cards, developed by NagraID Security, resemble their regular counterparts, but – when an integrated button is pressed – display a one-time passcode that can be used to authorize online and phone transactions.


Here are all the details.