The loss or misplacement of credit cards is a common worry. No one wants a thief to find it and go on a spending spree. You may not have to worry about it much longer, thanks to this new product in development. It’s a collaboration by Swiss company AXSionics and Siemens.

It’s in the shape and size of your average credit card, only a little thicker due to the fingerprint reader, an LCD display and a few optical sensors. It works just like a typical ATM or credit card but is far more secure. It will only work in the original card user’s hands. The company claims that the system can be put in place without any additional software on all commonly used PCs or laptops being needed. It’s in the process of being tested by several banks in Germany and Switzerland.