This credit card has a display and a cell phone connection
This credit card has a display and a cell phone connection.
Credits cards and debit cards have chips in them to ward off fraud. But Dynamics is introducing a new Wallet Card today that can run circles around that technology.
The Wallet Card has support of a consortium of financial companies, including MasterCard, which led the last financing round for Pittsburgh, Pennsylvania-based Dynamics. The Wallet Card has a cell phone chip and most of the working parts of a computer, including a display — all inside a piece of plastic that looks like any other credit card.
Dynamics is showing the Wallet Card this week at CES 2018, the big tech trade show in Las Vegas this week. Jeff Mullen, founder and CEO of Dynamics, said in an interview that the new card will provide an “unprecedented level of security.”
“We have worked on this for over five years,” Mullen said. “We think it is a very disruptive platform.”