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God desires that ALL people would accept God's love and salvation through Jesus Christ. God has compelled me to share information with the world relating to the biblical seven year tribulation in order to share Truth in a deceived world.

In the beginning was the Word, and the Word was with God, and the Word was God. He was with God in the beginning. Through Him all things were made; without Him nothing was made that has been made. In Him was life, and that life was the light of men. The light shines in the darkness, but the darkness has not understood it. (John 1:1-5)

Jesus answered, "I AM the way and the truth and the life. No one comes to the Father except through me." (John 14:6)

Monday, August 30, 2010

The Fed Gets Involved with EMV - Bank Technology News Article

The Fed Gets Involved with EMV - Bank Technology News Article: "'First, we may become the only substantial economic power dependent on a payments standard that is less secure than that of the rest of the world. That means that criminals, intent on profiting from card fraud, will continue to migrate to the United States in growing numbers. . ."

Blogger's note: EMV chip-based cards and/or cell phones will not be the ultimate solution. Biometrics will ultimately be the most effective and efficient solution and no chips are required for each person.

1 comment:

Mozfet said...

Identity is proven using 3 principles; something you have, something you are, and something you know. The best security is having all three.

That being said, EMV and Mobile payments are ready for biometric identification mechanisms... only thing the world is waiting for is a stable biometric standard so everyone can interoperate.