MasterCard Introduces 'Display Card' Technology in Singapore

MasterCard Worldwide MA, in collaboration with Standard Chartered Bank Singapore, has unveiled Singapore's first interactive payment card, or security token card, using MasterCard's Display Card technology, heralding the next generation of payment cards. The MasterCard Display Card, manufactured by NagraID Security, looks and functions almost exactly like a regular credit, debit or ATM card, but features an embedded LCD display and touch-sensitive buttons which allow a cardholder to generate a One-Time Password (OTP) as an authentication security measure. At present, banking institutions that necessitate a higher level of security for their online banking services require the use of a separate authentication token or device. See full press release