Smart Card theft and banking technology hackers have turned into a vulnerable issue for all around the world. More than millions have been attacked by these financial evils during five to seven years reportedly. Well, to put an end to these most dangerous measures Recently a team of tech developers has invented a Debit/Credit Card technology driven by Second World War encrypted communications which involved constantly changing ciphers system.

According to Telegraph, the conventional CVV code system will be evolved with multiple integers of ciphers. The concept behind the design of Nazi military coding machines such as Enigma will be used to replace the existing three-digit CVV security number, which is currently found on the back of credit and debit cards. This enigma technology will come with ever evolving technology much similar to that of online bank account login system of nowadays.

As per last year's banking fraudulent records presented by the Financial Fraud Action UK, banking scammers affected approximately 20,255 people causing losses around £755 million. The patent has been developed by David Taylor and George French. Many potential sources suggest that Barclays is even planning to grab the technology on a priority basis. Although it is not yet confirmed by what time customers will get to see this in their hands.

Further insights trace that the new technology evolved comprehensive credit/debit cards will come with an innovative small-sized dedicated keypad which would allow users to put in their new codes on their each new transactions. The ever evolving codes will be generated at a timed interval by a tiny clock and appear next to the signature strip. In this format, customers will require to tap their PIN into the keypad on the card which will build ample measures of security ciphers.

Experts say that these ever evolving measures will be much tough to invade and users will get rid of these much relative scam attacks on their card transactions. These cards will also work as a contactless payment system and these are also supposed to come with inbuilt Bluetooth or wifi connectivity capabilities for ease in merchant and counter payments. The interested ones need to wait for a while to know more about it.

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