Credit Card Embedded Authentication Device Looks Retro, Is Advanced
The Credit Card Embedded Authentication Device has a twelve-button keyboard, a microprocessor and a built-in alphanumeric display. Now we've got security in the palms of our hands.
(Credit Card Embedded Authentication Device)
For example, if you had this card, you could enter your PIN into your own card's interface - rather than into somebody else's device. Remember those clever hacks that put a card reader in front of the bank's card reader on ATM machines? The Credit Card Embedded Authentication Device would accept your PIN and then request a one-time-only passcode for the current transaction.
Bank fraud costs financial institutions an estimated four billion dollars annually - and you'd better believe they would rather be spending that money putting a bank on every corner.
Don't forget that one of the earliest expressions of the idea (as well as the phrase) of credit cards came in a 1888 story by pre-sf writer Edward Bellamy:
A credit corresponding to his share of the annual product of the nation is given to every citizen on the public books at the beginning of each year, and a credit card issued him with which he procures at the public storehouses, found in every community, whatever he desires whenever he desires it. This arrangement, you will see, totally obviates the necessity for business transactions of any sort between individuals and consumers. Perhaps you would like to see what our credit cards are like...
(Read more about the credit card from Looking Backward
Via Next-Generation credit card.
Scroll down for more stories in the same category. (Story submitted 10/29/2007)
Follow this kind of news @Technovelgy.
| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |
you like to contribute a story tip?
Get the URL of the story, and the related sf author, and add
Comment/Join discussion ( 0 )
Related News Stories -
The Hammock Caravan And Italo Calvino's Octavia
'Now I will tell you how Octavia, the spider-web city, is made.'
Americans! Stay Indoors To Save Energy
'Those funny old days, when men went for change of air instead of changing the air in their rooms!' - EM Forster, 1909.
Nissan ProPILOT Slippers Are Self-Parking, Autonomous
Beyond science and fiction, that's what they are.
Seiko Astron Always Knows Your Time Zone
'Harrington glanced at his wrist watch - a bulky affair - and whistled.' - Robert Heinlein, 1940.
Technovelgy (that's tech-novel-gee!)
is devoted to the creative science inventions and ideas of sf authors. Look for
the Invention Category that interests
you, the Glossary, the Invention
Timeline, or see what's New.
LA Subway Scanner, As Seen In 'Total Recall'
'I'm afraid to tell you this Mr. Quaid, but you have suffered a schizoed embolism...'
Sion Electric Car Covered With Solar Panels
'It drew its power from six square yards of sunpower screens on its low curved roof.'
PAL-V Liberty Flying Helicopter Car
'...lifted themselves to skimming flight upon whirling helicopters."
Space Drones - UK's Effective Space To Launch Rocket Tugs
'Twenty rocket tugs towed it from its Earth hangar out into space.'
DIY Autonomous Robot Detects Trash
'The search-bug detached itself and rolled forward.'
Ancient Russian Walking Excavator Would Be Perfect RV
I don't need it to go fast, it just needs to amble along.
ELROI Satellite 'License Plate'
Robert Heinlein was thinking about this in 1941.
When Robots Beg For Their Lives
"Just what do you think you're doing... Dave.'
Do You Still Want A Folding Screen Phone?
'A paper thin polycarbon screen unfurled...'
'Snapchat Dysmorphia' Now A Thing, Say Plastic Surgeons
'The program raced up the screen one scan line at a time, subtly smoothing, deleting and coloring.'
Quiet Electric Cars Law Finalized By US Transportation Department
'... a sound tape to supply the noise'
Drone Assassin Fails To Kill Venezuelan President
'The spotter descends, and we think it searches the vicinity, looking for the victim's face...'
Stick-On Tape Speakers, As Predicted By Bruce Sterling
Flexible tape speakers, someday.
Bezos Invites You To New Life In Off-World Colonies
'A new life awaits you!'
Amazon's Rekognition System Sees Criminals In Congress
'... the imprint of her image on the telephoto cell.'
Build Your Own Space Suit For Cheap
'I'm going to pump the air from this room... so that the interior will be like airless and pressure-less space.'
More SF in the News Stories
More Beyond Technovelgy science news stories