The video
may be a dramatization, but it is exactly the sort of thing that has been occurring every day in many restaurants and cafes around the globe, especially in places that are frequented primarily by...
View ArticleRE: Counterfeit credit/debit card fraud: Let's stop it now
The new PassWindow system Femtobeam will be using eliminates man in the middle attacks by using a combination of unique one time only symbols which combine with symbols on a card with the user. Also,...
View ArticleSounds good
Thanks for the extensive reply, cant say I didnt have to look up the meaning of stochastic. Very good technology, if the replacement Magtek magnetic reading heads are far cheaper than distributing the...
View ArticleCost of smartchip cards
Im not sure you will ever be able to find out exact pricing a bank pays but I can say from the big factories in China you are looking at about 70-80 cents per card with a million + order for...
View ArticleWould work well togeather as a low cost solution
Actually as Ocie mentioned PassWindow and MagnePrint would work well togeather as they are really designed for different security purposes. PassWindow is designed primarily to protect online...
View ArticleCard swiping by waiters & such is definitely not far fetched
But, there are other ways as well. In 2007, a Romanian hacker gang rigged POS terminals in the couple shopping malls with skimming devices. Technically, that's trivial, the only problem was to smuggle...
View ArticleInteresting
I had heard that fingerprints were more art than science in some cases. Never a real example of two people having enough similarity to raise a flag.
View ArticleOpening a new bag of worms
- Why does the US insist on retaining the penny as a currency denomination when no-one wants to use them?- Why does the US retain the dollar as a bill when most other countries have replaced such small...
View ArticleInfrastructure Changes
As I understand this technology, implementing it requires replacing every point of sale terminal. If you are committed to replacing every point of sale terminal, then is this the best replacement...
View ArticleIt seems
That the EU has a good method involving a smart chip (not RFID) that they feel is better. The problem is cost per card along with other hardware. This gets to my question. I do not understand with the...
View ArticleEMV cards
EMV cards are being adopted by big banks in Canada like Scotiabank. Note that this is just my VISA card; my bank card does not have a chip yet. What I can't answer is the question of who is paying for...
View ArticleTransaction risk scoring
"In the meantime, we have implemented transaction risk-scoring to try to limit our fraud losses. There's no way to eliminate 100% of fraudulent transactions, but this system does a pretty good job for...
View ArticleOne way to make credit cards hard to counterfeit
A company in Glasgow invented a magnetic tape reader which could read both the digital signal encoded on the tape and the analogue properties of the tape, such as slight variations in the thickness of...
View ArticleConflation of two problems
The reason cash works is that the seller examines the cash to see whether the cash is genuine, and he does not have to worry about the identity of the buyer. Verifying the identity of the buyer is a...
View Articlecontact details to anyone who wants to explore the idea further
May I have the contact details? I'd love to learn more about them. Thanks.
View ArticleContact details
I couldn't find a way to send you a message privately, so here you are. The company was Linn, in Glasgow, better known for making hi-fi equipment.
View ArticleDriMark: A Simple Solution
DriMark's new Counterfeit Detector System checks authenticity of U.S currency with a duel-test marker and UV light to stop counterfeit money from getting in the register drawer. It works the same way...
View Articledebit card
Next Tuesday American Express will offer its latest prepaid debit card. The business, though usually associated with higher-end luxury consumers, is branching out to target the regular consumer. It is...
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