Keyno Featured in Nilson Report

February 17, 2021

Issuers, merchants, and acquirers that process card payments from their merchant customers spend heavily to protect themselves from card-not-present (CNP) fraud, which accounts for 54% of all fraud losses even though CNP purchases account for less than 15% of all sales billed to cards.

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About Keyno

Keyno provides a dynamic CVV2 code that hackers and scammers can’t use. Keyno replaces the static 3-digit CVV2 security code on the back of your current credit, debit or prepaid cards with a continually changing “dynamic” CVV2 code that hackers and scammers can’t capture and use. Keyno sends a new code every 4-12 hours to your smartphone, keeping your cards safe. This code is called a CVVkey.

The CVVKey Solution includes code delivery via a white label mobile app or SDK plugin, a customer service interface with reporting an API connection for new card issuance, performance optimizations, security features, and a roadmap of enhancements. CVVKey supports mixed BINs with AllIn / OptIn / OptOut card enrollment.