Thanks for some private comments. What I posted is a short
summary of a number of arguments. It's not an absolute position,
or an expose' of the credit card industry. Rather, it's a wake-
up call -- The time has come to really face the issues of
information security seriously, without isolating t
I think in the UK check signatures are not verified below £30,000
(about US $53,000). I presume it is just economics ... cost of
infrastructure to verify vs value of verifying given the fraud rate.
Adam
On Fri, Jul 15, 2005 at 01:42:08PM +0100, Ben Laurie wrote:
> My bank doesn't even bother to
Well, the "acceptable risk" concept that appears in these two
threads has been for a long time an euphemism for that business
model that shifts the burden of fraud to the customer.
The dirty little secret of the credit card industry is that they
are very happy with 10% of credit card fraud, over
Peter Gutmann wrote:
"Perry E. Metzger" <[EMAIL PROTECTED]> writes:
Why is it, then, that banks are not taking digital photographs of customers
when they open their accounts so that the manager's computer can pop up a
picture for him, which the bank has had in possession the entire time and
wh
Ian Brown <[EMAIL PROTECTED]> writes:
>Steven M. Bellovin wrote:
>>>Cambridge Trust puts your picture on the back of your VISA card, for
>>>instance. They have for more than a decade, maybe even two.
>>
>> One New York bank -- long since absorbed into some megabank -- did the
>> same thing about 30
--- Dan Kaminsky <[EMAIL PROTECTED]> wrote:
> Bank Of America put my photo on my ATM card back in '97. They're
> shipping me a new one right now, so I assume they kept it in the DB.
My local bank asked me apply for a Visa photo credit card back in 1998.
There were two problems though:
1.) Thei
On Wed, 13 Jul 2005, Perry E. Metzger wrote:
> Why is it, then, that banks are not taking digital photographs of
> customers when they open their accounts so that the manager's computer
> can pop up a picture for him, which the bank has had in possession the
> entire time and which I could not have
Steven M. Bellovin wrote:
Cambridge Trust puts your picture on the back of your VISA card, for
instance. They have for more than a decade, maybe even two.
One New York bank -- long since absorbed into some megabank -- did the
same thing about 30 years ago. They gave up -- it was expensive the
[EMAIL PROTECTED] (Peter Gutmann) writes:
> "Perry E. Metzger" <[EMAIL PROTECTED]> writes:
>
>>Why is it, then, that banks are not taking digital photographs of customers
>>when they open their accounts so that the manager's computer can pop up a
>>picture for him, which the bank has had in posses
On Wed, Jul 13, 2005 at 12:26:52PM -0400, Perry E. Metzger wrote:
>
> A quick question to anyone who might be in the banking industry.
>
> Why do banks not collect simple biometric information like photographs
> of their customers yet?
Some, like Citibank do. I have a photo on my VISA from them,
"Perry E. Metzger" <[EMAIL PROTECTED]> writes:
>Why is it, then, that banks are not taking digital photographs of customers
>when they open their accounts so that the manager's computer can pop up a
>picture for him, which the bank has had in possession the entire time and
>which I could not have
On Wednesday 13 July 2005 18:29, Mike Owen wrote:
> Back in 2000, I opened an account with BofA, and they took a photo of
> me, and added it to my debit/check card. Around that same time,
> American Express was doing the same with their Costco branded cards.
> I'm sure others are doing it, those ar
In message <[EMAIL PROTECTED]>, "R.A. Hettinga" writes:
>At 12:26 PM -0400 7/13/05, Perry E. Metzger wrote:
>>Why do banks not collect simple biometric information like photographs
>>of their customers yet?
>
>Some do.
>
>Cambridge Trust puts your picture on the back of your VISA card, for
>instanc
On 7/13/05, Perry E. Metzger <[EMAIL PROTECTED]> wrote:
>
> A quick question to anyone who might be in the banking industry.
>
> Why do banks not collect simple biometric information like photographs
> of their customers yet?
>
Back in 2000, I opened an account with BofA, and they took a photo
A quick question to anyone who might be in the banking industry.
Why do banks not collect simple biometric information like photographs
of their customers yet?
Bank Of America put my photo on my ATM card back in '97. They're
shipping me a new one right now, so I assume they kept it in the
At 12:26 PM -0400 7/13/05, Perry E. Metzger wrote:
>Why do banks not collect simple biometric information like photographs
>of their customers yet?
Some do.
Cambridge Trust puts your picture on the back of your VISA card, for
instance. They have for more than a decade, maybe even two.
Cheers,
RA
A quick question to anyone who might be in the banking industry.
Why do banks not collect simple biometric information like photographs
of their customers yet?
If I walk into a branch complaining that I've been robbed and that I
don't have my bank card any more, the branch manager will look at s
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