The future
I look forward to the day when all my credit/debt/other cards are stored and verifiable on my smart phone. Then, I have more room to carry other things.
I look forward to the day when all my credit/debt/other cards are stored and verifiable on my smart phone. Then, I have more room to carry other things.
Remember, I do this to entertain me, not you.
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April 28th, 2011 at 9:14 am
The pin/swipe schemes with big as hell “DIAL 911 NOW!” buttons just waiting for you to breath wrong will need to be fixed before I start using my phone as a credit card. My phone already has too much personal information and not enough access control.
April 28th, 2011 at 10:15 am
Yeah a 4th and 5th handgun to protect your phone from a criminals wet dream…
April 28th, 2011 at 10:33 am
The next wave of smartphone hardware will have near-field technology, which allows them to interact with the RFID style wave the token credit card readers you see in convenience/gas stores.
April 28th, 2011 at 11:56 am
Let me know when the cell phones have built in retinal scanners combined with a gesture unlocking sequence and encrypted storage.
I’m not interested in automating my phone to handle financial matters until we can solve the lost/stolen phone problem.
April 28th, 2011 at 12:49 pm
What this technology needs, is massive government regulation. Preferably two different agencies who don’t communicate and who have the authority to make mutually exclusive requirements. That’ll fix the unintended consequences.
April 28th, 2011 at 12:52 pm
I look forward to the day when muggers disfigure their victims by cutting off fingers and gouging out eyes in order to steal their money.
April 28th, 2011 at 1:22 pm
Because then malware can remotely snarf your Debit card info.
April 28th, 2011 at 2:41 pm
“I look forward to the day when muggers disfigure their victims by cutting off fingers and gouging out eyes in order to steal their money.”
That’s why I like the gesture unlocking mechanism. It requires the user to do certain motions with the device which the users knows, he can’t be forced to do so against his will (persuading him becomes an issue, but it always was), and the gestures are difficult to record and replicate by anyone other than the user.
The height of authentication security was expressed in a poetic rhyme in Stross’s Glasshouse:
Something shared, something do, something secret, something you.
As it is, the existing authentication protection on financial information is protected by a secret, and that’s shot all to hell once the secret is out.
April 28th, 2011 at 6:51 pm
No thanks. My (as of last month former) bank can’t keep my debit card secure when I don’t use it as it is. Why would I think something that’s prone to announce my location within 3 meters would keep Jack secure?
April 29th, 2011 at 12:04 am
What the hell is wrong with good old fungible, anonymous cash?
April 29th, 2011 at 2:54 pm
Me, too!