On 02/08/2013, at 10:37 AM, Craig Sanders <[email protected]> wrote:

> the two other main problems with RFID credit cards are:

It would seem to me that banks have a major risk (and liability) on their 
hands. 

I imagine that once the media begins reporting this type of fraud more 
frequently than bag snatching, then a reversal of thinking and processes will 
occur. 

I cannot see how any bank would endorse this technology if the risks are 
realised and unable to be mitigated without regressing to the previous 
technology. What am I missing here?

iT
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