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 |

Would you like to contribute a story tip? It's easy:
Get the URL of the story, and the related sf author, and add it here.

Comment/Join discussion ( 0 )

Related News Stories - (" Lifestyle ")

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.

 

Google
  Web TechNovelgy.com   

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.

 

 

 

 

 

Current News

China Uses Artificial Intelligence To Grade Student Papers
Looks like the City Fathers are starting to take over China's education system.

Electronic Tongues Will Rule The Kitchen
'Install taste buds in the end of one tentacle...'

Self-Healing Circuits From Carnegie Mellon
'It even had an inter-skin layer of gum that could seal the punctures...'

Swarm Of Mindless Robots Works Together
'Very tiny pseudo insects that... can unite to form a superordinate system.'

SpotMini Robot Dog, Autonomous And On Sale In 2019
Great, an autonomous slamhound. It is cute, though.

RoboFly Is Laser-Powered, Adorable
Don't swat this fly!

MSG Sphere Las Vegas, ala Star Wars
'The smoky globe, hung in the vault, was shot with colored light...'

Tetraplegics Dominate Avatar Races
Well, just speaking brain-to-computer...

MIT Ampli Blocks Build Biomedical Devices
Damn it Spock, I'm a doctor not an engineer!

UberAIR Asks For Skytaxi Landing Prototypes
You know you want to ride in one.

Boring Tunnel Almost Ready
Your underground future is calling!

Handheld Human Skin Printer
It outputs a thin wad of uniflesh.

Healthy Fast Food Courtesy Of Robot Chefs
'The electric cook was stirring empty nothing in a pan, with a zeal worthy a dozen eggs.'

Mass Production Of In Vitro Meat From One Sample
They're Assimilating Our Culture, That's What They're Doing

Amazing 'Hybrid' Solar-Powered Sea Slug Does Photosynthesis
Thank goodness for Star Trek.

Retinal Prosthesis Uses Organic Printing Inks
We can rebuild you - well, your eyes, maybe.

More SF in the News Stories

More Beyond Technovelgy science news stories

Home | Glossary | Invention Timeline | Category | New | Contact Us | FAQ | Advertise |
Technovelgy.com - where science meets fiction™

Copyright© Technovelgy LLC; all rights reserved.