Monday, October 4, 2010

Dynamics Inc: The End to Credit Card Fraud?

Dynamics Inc has designed a new innovative multi functional credit card, in order to try and prevent credit card fraud.

One of the largest threats in the information age is identity theft and fraud.I am sure everyone could breath a little easier if credit card theft was eliminated entirely. It sounds too good to be true, and it probably is. But Dynamics Inc has designed a new card that is heading in the right direction to help protect identity and our credit cards. This card was created for convenience, and security. The new card has buttons on it, which allows for the person to punch in a personalized identification number in accordance to an account that the person wants to access. If the card is stolen the information strip on the back is blank, and the card is useless unless the person knows the PIN.

This is one idea that could potentially elimante credit card fraud.
Could this be the future of credit cards? Let us know what you think!

1 comment:

  1. Wow, that is an awesome idea for a card. People have so many cards these days that it would be very convenient just to use a multi-functioning card however it would suck that much more if you lost it. Due to the technology within the card I don't think the banks would be able to replace it for you for free (at least until the technology becomes much more mainstream and cheaper).

    I really wonder how they got all that technology into a normal sized card like that but then again I shouldn't be surprised since almost everything is getting smaller and smaller these days. I guess we will have to wait and see if this catches on.

    - Jon