Florida company creates OTP device
05 March, 2012
category: Digital ID, Financial
SurePassId, located in Melbourne, Fla., has created a credit card-sized device to generate one-time passwords in the hopes of reducing occurrences of identity theft and fraud, reports the Orlando Sentinel.
The product is a flexible plastic device that looks like a credit card but has an e-Ink display in one corner. With the touch of a button, the device can generate a two- to eight-digit number to be used as a secure password.
SurePassId is attempting to be an alternative to fob and token OTP generators. It developed the circuitry located inside the cards, sourced the card battery from Solicore in Lakeland, Fla., and has them manufactured in China and Taiwan. A secondary plant in Tampa provides additional manufacturing capacity. Rtp Systems Inc. completes the quality assurance tests.
The card costs $12, with a $1.99 monthly fee. SurePassId also has services through mobile apps and text messaging that can send secure passwords to a smartphone.
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