Security News > 2020 > April > swIDch overcomes limitations of numberless cards by using dynamic PANs

A UK cybersecurity startup, swIDch, announced an alternative technology to overcome the limitations of numberless cards by using dynamic PANs, thereby creating a new security environment in the payment process.

The purpose of numberless cards is to increase security.

Another consequence of using static PANs is BIN attacks letting cybercriminals know BIN numbers and systematically generate potential valid card numbers.

What if customers can generate dynamic virtual cards without an internet connection for each online transaction reducing the cost for banks?

SwIDch has introduced Dynamic Virtual PAN technology for businesses offering a numberless cards solution.

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/ENj5Y1fljw8/