# TLDR
– Thames Technology has partnered with Ellipse to integrate advanced protection for banking cards
– This collaboration introduces EVC battery-free dynamic security code technology into payment card offerings
Thames Technology and Ellipse have joined forces to enhance security for banking cards by incorporating Ellipse’s EVC dynamic security code technology. This partnership introduces the EVC All-In-One EMV micromodule with a built-in screen displaying dynamic security codes for banking security. This technology aims to virtually eliminate fraudulent transactions by providing a new security code for each card-present transaction, reducing the risk of card-not-present (CNP) fraud. With the ability for cardholders to initiate code changes through a mobile app, this innovation offers a secure and seamless banking experience.
Thames Technology, known for producing millions of payment, gift, loyalty, and commercial cards annually, is leveraging Ellipse’s expertise in smart card technology to enhance its offerings. The eco-friendly battery-free EMV module with a mini-digital CVV display on the back of the card ensures that security codes are constantly changing, making it difficult for fraudsters to replicate card details. With a focus on simplifying digital payments and addressing the evolving needs of the payment ecosystem, Ellipse is at the forefront of enhancing payment security in a digital world.
This collaboration between Thames Technology and Ellipse signifies a step towards creating a trusted and secure option for security-conscious banking customers. By integrating advanced security measures into payment cards, both companies are contributing to a safer digital payment landscape. As technology continues to evolve, partnerships like this play a crucial role in safeguarding financial transactions and enhancing user experience in the digital banking space.
