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 ")

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.

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.

 

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

A 'Genuine Nanorobotic Production Factory'
'Microscopic machinery, smaller than ants, smaller than pins, working energetically, purposefully - constructing something...'

Neuromorphic Computer Offers Non-von Neumann Architecture
Fires faster than brain at 1/10K energy.

Evorus Your Crowd-Powered Conversational Assistant
'...the DS [Daily Schedule] was suddenly transformed into a valued confidante.'

Mealworms Food Of The Future
Get your grubs on.

Alibaba's AI May Read Better Than You
'Mike ... could accept other languages and was doing technical translating - and reading endlessly.'

Musk's Boring Flamethrower
'Skeletons in tatters. Burned by a flesh gun'

Humanity Star LEO Advertisement?
'Everyone has noticed those enormous advertisements...'

Nissan ProPILOT Slippers Are Self-Parking, Autonomous
Beyond science and fiction.

Atomristors - Atomic Memristors - Using Thin Nanomaterials
'I could almost feel those little tunnel junction neuristors working, forming their own interconnections as I operated it.'

Bigelow Prepares Inflatable Lunar Hotel
'Suddenly, hitherto unheard-of sums of money became available for investment in civilian orbital stations.'

Drunk Driver Of Tesla Claims Autopilot Was In Charge
'Mr. Garden, you are in no condition to drive.'

Medical Exoskeleton From Cyberdyne Gets FDA Approval
It's been a long road for HAL-5; I started writing about it in 2005.

Fungi-Infused Concrete Repairs Itself
'I noticed that curious mottled knots were forming, indicating where the room had been strained and healed faultily.'

Shiftwear Display Shoes
'He unlaced her shoe and glanced at its readout.'

NASA SEXTANT First With X-Ray Nav In Space
'You need at least four beacons for an accurate fix.'

GM Introduces Cruise AV With No Steering Wheel
'How about the steering wheel?' ... 'I do not need one.'

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.