Final (YC W15) Raises a Million for Its Fraud-Fighting Credit Card

#1

Post by marothstein » Tue, Jan 27, 2015, 7:20 PM UTC

Final (YC W15) Raises a Million for Its Fraud-Fighting Credit Card
techcrunch.com

Re: Final (YC W15) Raises a Million for Its Fraud-Fighting Credit Card

#2

Post by codezero » Tue, Jan 27, 2015, 9:25 PM UTC

As far as I can understand, this is a card with NFC/pin that cycles the number when you use it as an NFC card, right?

If you are already using Apple Pay, does this offer anything besides a nice app experience?

Re: Final (YC W15) Raises a Million for Its Fraud-Fighting Credit Card

#3

Post by scoot » Tue, Jan 27, 2015, 11:29 PM UTC

Nothing to see here. Move along.

Re: Final (YC W15) Raises a Million for Its Fraud-Fighting Credit Card

#4

Post by matthewarkin » Wed, Jan 28, 2015, 1:22 AM UTC

codezero wrote: post #2

As far as I can understand, this is a card with NFC/pin that cycles the number when you use it as an NFC card, right? If you are already using Apple Pay, does this offer anything besides a nice app experience?

Apple pay, to my knowledge uses the same card number per charge

Re: Final (YC W15) Raises a Million for Its Fraud-Fighting Credit Card

#5

Post by codezero » Wed, Jan 28, 2015, 1:29 AM UTC

matthewarkin wrote: post #4

codezero wrote: post #2

As far as I can understand, this is a card with NFC/pin that cycles the number when you use it as an NFC card, right? If you are already using Apple Pay, does this offer anything besides a nice app experience?

Apple pay, to my knowledge uses the same card number per charge

But the information revealed to the vendor is variable, so they can't use that to make future charges, which is I assume the same situation here.