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RE: Mastercard Looking To Link Your Fingerprint To Your Credit Card
This doesn't replace the password or pin. It's just an additional factor.
Also I've been talking with some people who have tried it. It's really horrible to use if you have ANYTHING even flop sweat on your fingers.
I wouldn't worry too much about the ident from it. The particular technology used isn't really very precise. Less so than the sensors on mobile phones. But it's good enough to keep 7 out of 10 people from using it. Your PIN is there for the remaining 3 out of 10. Even then you're talking about 30% of the world having the same prints according to this thing.
Great Article though!
I didn't mean to insinuate that it replaced the password, but they can scan their finger rather than punch in the pin as many do today. thanks for your feedback :) !
You're welcome, but my understanding is this does not replace the PIN it supplements it. On these cards you need the print and the PIN in order to access the funds. I'll see if I can find a source on that. But I think these are cool and have been looking at them longer than Mastercard has :D
if it was in addition to the pin then it would be no different than what they have now, but only an additional step which wouldn't add any convenience, as I understand the publications I have read about it the users are able to pay by scanning their fingerprint - no pin nec.
"When shopping and paying in-store, the biometric card works like any other chip card. The cardholder simply dips the card into a retailer’s terminal while placing their finger on the embedded sensor. The fingerprint is verified against the template and – if the biometrics match – the cardholder is successfully authenticated and the transaction can then be approved with the card never leaving the consumer’s hand." see http://newsroom.mastercard.com/press-releases/thumbs-up-mastercard-unveils-next-generation-biometric-card/
That's interesting. The way it was originally proposed is that the chip has 2 secure areas locking down keys. The PIN portion would remain but would release 1/2 key and the fingerprint unlocks 1/2 of a key. Looks like in the final version they just decided the the fingerprint is sufficient.
Strange they went that way. The original piece I was reading a few years back when this was first proposed, justified the added cost, by saying that brute forcing a 4 digit PIN can be done in a a few minutes now days and a 6 digit PIN in a few hours. So adding the secondary secure area on the card and combining that with the PIN would eliminate fraud.
The way this reads it sounds like Mastercard isn't listening to the engineers and made a "managerial decision" that further weakened security because at least 1 in 10 people is going to match on this particular method. That's what 90% assurance means.
here is a video of someone using it:
wonder how successful it will be and how many will be willing to adopt? it'll be interesting to see how popular it becomes:)
Gonna be a huge market in finger cots, nail glue, matches and and scotch tape if it does :D
lol!