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 Ring Clock IS Heinlein's Finger Watch
'Crayn glanced at his finger watch...' - HB Fyfe, 1951.
3D Printed Fashion - Plastirobes And Transdresses
'... dial a new fashion every day!' - Niven and Barnes, 1992.
ThreeForm 3D Scans And Digitally Simulates Customer Fashion
'...A miracle of misapplied engineering caused his own face to appear on the illustrated figures dressed in trooper red.' - Harry Harrison, 1965.
Safilo Brain-Sensing Eyewear
'they all relaxed and got mellow....' - Philip K. Dick, 1977.
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.
Will A Steel Umbrella Stop Russia?
'Everyone was aware that the damned platform was wandering around in its own orbit...'
EVE Artificial Womb For Lambs (For Now)
'In the crimson darkness, stewing warm on their cushion of peritoneum and gorged with blood-surrogate and hormones...'
TIKAD Armed Drone Ready To Fight
'Each a television eye and a sonic stunner...'
Bees Royal Jelly Helps Wounds Heal Faster
'An alien drug... used by an insect race.'
NASA Wants To Make Oxygen On Mars
'They plop down on the Red and if the dust is deep enough ... they burrow in...'
Hackers Insert Malware Into DNA
'They tied the memory to the bloodline and that was their record!'
X2-VelociRoACH Cooperates To Launch Tiny Drones
Little robots cooperating can do big tasks. Eventually.
'Do Not Pay' Chatbots To Replace Law Firm Associates?
'I want my lawyer program.'
MULTI Model Of Star Trek Turbolift
Cool prototype video!
A Look Into The Future Of Spacecraft!
Ever wonder how you look when you enter a new part of a spacecraft?
An 'Ethical Black Box' For Robots?
Explored by science fiction authors.
Dadbot Digital Immortality
'A hardwired ROM cassette replicating a dead man's skills...'
Should We Permit Computers To Create Their Own Language?
'Talk Between Robots radio...'
Breakthrough Starshot Sprites Yearn For Alpha Centauri
'Whoever launched it fired a laser cannon...'
Kino Project Roaming Personal Fashion Robots
'Most of the crew have the tiny imp ride on their shoulder...'
Astronaut Exercise Video, Predicted By SF Writers
'Joe got out the gravity-simulator harnesses.'
More SF in the News Stories
More Beyond Technovelgy science news stories