Saturday, April 9, 2016

Credit Card Security: U. S. Left Behind

Photo Courtesy 'Daily Express UK'


U.K Daily Express: "JAPAN will soon become the first country in the world to swap cash and credit cards for FINGERPRINTS across the country...

tourists will verify their identities on arrival at airports."


Nearly not a month goes by not reading about some other country coming up with better plans dealing with things. While a consumer might forget their credit card, they never leave home without their fingers. Unless someone is an unfortunate amputee I fail to understand why the finance industry in the U.S. wasn't the first to come up with this. It would surely help prevent lost or stolen cards from falling into the wrong hands.

THE UPSIDE:
Government would have a huge database to work from for identification purposes.

THE DOWNSIDE:
Government would have a huge database to work from for identification purposes.

Privacy advocate supporters could insist U.S. legislation require lenders to continue providing cards to those who wish to opt out. Pending these concerns I don't see why we shouldn't get onboard quickly.

This may come in handy for much more then credit cards. Traffic stops, voter ID, banking transactions, border crossings, applications for Medicare and social security benefits, insurance medical claims, positive medical hospital patient ID, door locks, employee time clock and entrances, airport boarding security, vehicle ignition switches and so forth. I'm sure there are many more uses I haven't thought of. Rather then carry around dozens of keys and other type of various cards a simple swipe of one's finger seems a lot more convenient and secure.

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