On 28 November 2011 00:10, Dinesh Shah (દિનેશ શાહ/दिनेश शाह) <[email protected]> wrote: > Exactly! Without positive identity linking me to my account, how bank > is going to be sure the person withdrawing money from my account is > not that other Dinesh Shah? :-)
That ID is called "possession of the cheque book". Falls in the "you can be identified by what you have" method of classical identity management. This is actually two-factor, because the bank also verifies your signature with a specimen stored at the bank, via the "you can be identified by what you know" method. If only the ICICIs of the world could think of two-factor authentication with such clarity their forefathers in the banking sector did, a few centuries ago. > (BTW, Signature is a biometric ID,even though it can be spoofed or duplicated) B.S. What's biological about the signature?? Binand -- http://mm.ilug-bom.org.in/mailman/listinfo/linuxers
