Start-up Tender Armor offers software that issuers can add to their authorization platform which creates a new CVV code on a daily basis to provide two-factor, out-of-band fraud prevention. Cardholders can use Tender Armor’s CvvPlus codes to secure card-not-present (CNP) transactions, including payments made using telephones. The code is sent daily to cardholders through a text message or email. Cardholders can request the code via a text message or gain access at their issuer’s website. Tender Armor’s software can be deployed on an issuer’s authorization platform in 30 to 60 days. ...