UK-based startup Lanistar say one-time security codes and PINs will stop criminals targeting online transactions and draining accounts. The problem currently costs the UK £620million a year, but founder Gurhan Kiziloz says Brits will now be able to shop securely. The company has now launched registration for its new Volt card, which includes its own keypad and display. This allows users to generate one-time PINs and CVV2 codes which expire after one use. Founded in 2019, the firm is now valued at £15million and hopes to become a £10billion success story within years.

Source: Daily Mirror November 16, 2020 00:04 UTC