Innovative Card Technologies (INVC)

An exciting company providing novel solutions for security in credit card transactions is Innovative Card Technologies (INVC). They have patented credit cards that contain a one-time password (OTP) generator, with a liquid-crystal display so the user can see the PIN that changes repeatedly. Use of this changing PIN allows for two-factor authentication and can greatly increase security and reduce the risk of online fraud. Verisign, one of the world's leading security firms for online transactions, has just signed a deal with Innovative Card Technologies, resulting in a large pop in the stock price. But I think there will be much more growth to come, and expect the price to continue from its current $6 to nearly $10 by the end of the summer.

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