Skip to main content

BBVA Bancomer and Gemalto announce first commercial rollout of Dynamic Code Verification solution

​​Amsterdam, November 26, 2015 - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is providing BBVA Bancomer, the leading financial institution in Mexico serving over 20 million customers, with Dynamic Code Verification​, Gemalto's dynamic CVV/CVC solution protecting against Card-Not-Present (CNP) fraud. This is the first commercial rollout of its kind and the solution is delivered to BBVA Bancomer in its mobile version. The solution also comprises of a validation server and associated services. 

Enabled by the Ezio Mobile technology, Gemalto's Dynamic Code Verification solution is a new feature of BBVA Bancomer's mobile wallet application that replaces static 3-digit codes with a time-based dynamic CVV/CVC, unique to each individual transaction. The solution mitigates eCommerce fraud linked to stolen card numbers while preserving the unique user-centric experience of online shopping as well as from the ease of a smartphone. 

The Gemalto-enabled BBVA Bancomer mobile wallet securely creates and digitally stores banking card related data on the customer's mobile device. The solution leverages Gemalto's proven Ezio Mobile technology providing scalable, future proof architecture that supports evolving next generation features and security enhancements as marketplace demands shift. 

"Mobile Banking and eCommerce are expanding rapidly, but lack of trust can prevent some customers from embracing it," said Hugo Najera Alva, General Director of Digital Banking of  BBVA Bancomer. "Our long time partner, Gemalto helped us quickly implement groundbreaking dynamic CVV/CVC technology and the response thus far has been outstanding: in the first weeks of the project we already have more than 100,000 active users." 

"eCommerce in Mexico grew 34% between 2013 and 2014[1] while Mexican banks registered almost 2.9 million cases of suspected fraud," said Hervé Bayle, Vice President eBanking for the Americas at Gemalto. "Our solution offers Bancomer a unique user experience that minimizes the impact on existing merchant-acquirer-issuer infrastructures. For the physical world, Gemalto can provide a comprehensive CVV/CVC solution in another innovative format: the EMV display card, which combines a CNP security feature with a next gen payment security solution." 

[1] Estudio Comercio Electrónico 2015, Asociación Mexicana de Internet, México 2015



​​​​​About Gemalto

Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security, with 2014 annual revenues of €2.5 billion and blue-chip customers in over 180 countries.

Gemalto helps people trust one another in an increasingly connected digital world. Billions of people want better lifestyles, smarter living environments, and the freedom to communicate, shop, travel, bank, entertain and work – anytime, everywhere – in ways that are enjoyable and safe. In this fast moving mobile and digital environment, we enable companies and administrations to offer a wide range of trusted and convenient services by securing financial transactions, mobile services, public and private clouds, eHealthcare systems, access to eGovernment services, the Internet and internet-of-things and transport ticketing systems.

Gemalto’s unique technology portfolio - from advanced cryptographic software embedded in a variety of familiar objects, to highly robust and scalable back-office platforms for authentication, encryption and digital credential management - is delivered by our world-class service teams. ​Our 14,000 employees operate out of 99 offices, 34 personalization and data centers, and 24 research and software development centers located in 46 countries.​

For more information visit,,, or follow @gemalto on Twitter.

​​​Gemalto media contacts:

Philippe Benitez
North America
+1 512 257 3869​​​​

Ernesto Haikewitsch
Latin America
+55 11 5105 9220

Peggy Edoire
Europe & CIS
+33 4 42 36 45 40​

Kristel Teyras
Middle East & Africa
+33 1 55 01 57 89

Vivian Liang
大中华地区  (Greater China)
+86 1059373046

Pierre Lelievre
Asia Pacific
+65 6317 3802

Find Gemalto's Media Contacts in your region.

Vanessa Viala - Digital Identity & Security Press Officer
+33 6 07 34 00 34