Author Topic: IDG Contributor Network: MasterCard puts a finger on fraud  (Read 18 times)

0 Members and 1 Guest are viewing this topic.

Offline Scarlett

  • Updates Moderator
  • *
  • Posts: 22996
IDG Contributor Network: MasterCard puts a finger on fraud
« Reply #1 on: April 26, 2017, 08:16:20 PM »
IDG Contributor Network: MasterCard puts a finger on fraud
26 April 2017, 7:36 pm



Most credit card verification systems only verify whether the card is valid and not if the presenter is the authorized cardholder. MasterCard intends to address that with its newly introduced card with a built-in fingerprint sensor.

This new MasterCard gives customers the option of using a single digit rather than a PIN. It’s a very impressive development, particularly since it works with existing chip readers.

+ Also on Network World: Google’s Trust API: Bye-bye passwords, hello biometrics? +

The card gives new meaning to the title “cardholder” as the customer must physically hold the card during the transaction. There’s a fingerprint sensor on the face of the card that syphons enough power from the chip reader to read and validate a fingerprint. If dirt, sweat or other factors prevent validation, the transaction can be completed with a PIN.

To read this article in full or to leave a comment, please click here



Source: Network World Security

>> To obtain the full NetworkWorld Security article, click the link in the first post line <<

 


Except where otherwise stated, all content, graphics, banners and images included © 2006 - 2018 Smokey Services™ -- All rights reserved
Design board graphics, banners and images by DSTM & PseFrank

This site does not store profiling-, tracking-, third-party and/or any other non-essential cookie(s) on client computers and is fully compliant with the EU ePrivacy Directive
Smokey's does not use any Web Analytics/Analysis Service, and also does not use any browser fingerprinting techniques



Smokey's also provides free fully qualified Log / Malware Analysis & Removal Help and System Health Checks