What is “dynamic passcode authentication”?
Dynamic passcode authentication is a security method that uses a unique passcode to authenticate each online or remote transaction. Advanced algorithms generate a new passcode for one-time use. With the InCard DisplayCard, the passcode helps prove that the person making the transaction physically possesses the card. This process helps prevent fraud from stolen account numbers. When paired with a customer password, dynamic passcode authentication offers a powerful two-factor authentication to prevent fraud.