WASHINGTON--(BUSINESS WIRE)--Oberthur Technologies (OT), a global leader in the delivery of security solutions for the payment industry, announced it won an American SESAMES Award during a ceremony late yesterday at CARTES SECURE CONNEXIONS AMERICA in Washington, D.C.
OT won for the first payment card integrating Dynamic Security Code (or dynamic CVV) which provides an extra layer of security for card-not-present transactions. The solution replaces the static three-digit code on card backs with a mini-screen that refreshes with a new code, typically every hour.
To see a demonstration, visit Booth No. 401 at CARTES SECURE CONNEXIONS AMERICA.
“Oberthur Technologies is constantly working to develop better, more secure technologies for the payment industry, and we’re honored to be recognized by the SESAMES as we continue to bring the best solutions to market,” said Martin Ferenczi, President, North America at Oberthur Technologies, one of 26 companies competing for the awards.
The American SESAMES Awards recognize the most innovative technological applications developed for the U.S. market in the fields of smart cards, digital security, identification, secure transactions and contactless technology.
Award winners are selected by a jury of international experts chosen for their involvement in associations and organizations for the promotion and development of smart technologies.
ABOUT OBERTHUR TECHNOLOGIES
OT is a world leader in digital security solutions for the mobility space. OT has always been at the heart of mobility, from the first smart cards to the latest contactless payment technologies, which equip millions of smartphones. Present in the Payment, Telecommunications and Identity markets, OT offers end-to-end solutions in the Smart Transactions, Mobile Financial Services, Machine-to-Machine, Digital Identity and Transport & Access Control fields. OT employs over 6 000 employees worldwide, including close to 700 R&D people. With more than 50 sales offices across 5 continents and 1 manufacturing hub by region, OT’s international network serves clients in 140 countries. For more information: www.oberthur.com.