swIDch uses dynamic PANs to overcome numberless cards limitations

Eliminating numbers on payment cards increases security if customers lose their card. However, hackers can exploit weaknesses through online payments because the customer’s card information is static. Logged credentials risk being targeted for CNP (card not present) fraud.

Another consequence of using static PANs is BIN (bank identification number) attacks letting cybercriminals know BIN numbers and systematically generate potential valid card numbers.