ZDNet Australia recently wrote about two companies “trialling” token-based credit cards: EMUE and RSA. ENUE even claimed that the cards were being trialled by a “major bank” in Australia (although this claim was denied by two of them: ANZ and National Australia Bank). Here’s an excerpt of the article:
Two cards containing microprocessors that generate one-time passwords are being touted to Australian banks as possible replacements for tokens and passwords delivered by SMS — and one is already being trialled by Visa.
Not such earth-shattering news, given that iTWire had a story in May 2007 about VeriSign doing exactly the same thing, and The Mangle wrote about a year before that (”Token-based Security for Visa?“)!
Scoop? I think not!
