Earlier this week, USA Today reported that massive payment processor MasterCard had joined the FIDO alliance. FIDO is an acronym for Fast IDentity Online, and the group describes itself as:
The FIDO (Fast IDentity Online) Alliance is a 501(c)6 non-profit organization nominally formed in July 2012 to address the lack of interoperability among strong authentication devices as well as the problems users face with creating and remembering multiple usernames and passwords. The FIDO Alliance plans to change the nature of authentication by developing specifications that define an open, scalable, interoperable set of mechanisms that supplant reliance on passwords to securely authenticate users of online services. This new standard for security devices and browser plugins will allow any website or cloud application to interface with a broad variety of existing and future FIDO-enabled devices that the user has for online security.
USA Today reports that:
SAN FRANCISCO — MasterCard is joining the FIDO Alliance, signaling that the payment network is getting interested in using fingerprints and other biometric data to identify people for online payments.
MasterCard will be the first major payment network to join FIDO. The Alliance is developing an open industry standard for biometric data such as fingerprints to be used for identification online. The goal is to replace clunky passwords and take friction out of logging on and purchasing using mobile devices.
It’s for your own good, and it’ll probably fight terrorism too!
Apple’s new iPhone 5s smartphone has a fingerprint sensor, but the tech giant is not part of FIDO. However, Google is part of the Alliance, and devices running Google’s Android operating system will have fingerprint sensors by next year.
I’m sure the folks at the Department of Homeland Security will be more than happy that the financial giant will make mass collection under its Biometric Optical Surveillance System (BOSS) that much easier. Serfs up suckers!
Full article here.
In Liberty,
Mike
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This kind of crap will only accelerate the massive adoption of bitcoin and other crypto currencies, good.
“clunky passwords”. I’m surprised they didn’t call them smelly too.
Time to CANCEL my Master Card!
Another reason why to use cash when doing your daily business and why to switch to Visa. Granted only time will tell when Visa, Discover and American Express adopt this technology as well.
Visa is anti-gun, so they have already DQ’d themselves from being an alternative.
As these companies/technologies “advance” to these inflection points, we simply need to abandon them – REGARDLESS of whether there is an alternative.
If my smartphone “advances” to a point where it requires biometric input to function, I’ll revert to a dumbphone. If online credit card transactions “advance” to a similar point, I will look for Bitcoin purchasing alternatives, or go bricks-and-mortar with cash.
Slash Amazon’s sales by 50% and see how long biometrics stick. Slash smartphone sales by 50% and see how long biometrics stick.
This will only work if the people get outraged over it: call, write congressmen, senators, reps, cancel adopting companies cards. If the sleeping population sees this as the trendy thing to do and adopts it as a convenience, it will be a matter of time until ATMs will implement this too. Ever wonder why employers have pushed for direct deposit from its employees? The noose is tightening.
This has been in the making for a long time. Perhaps for 2013 years. Technology can be used to free us, or enslave us. It is obvious what the government (banks) want.
http://www.disclose.tv/action/viewvideo/145853/Mythbusters_Not_Allowed_to_Talk_About_RFID_Chips/
It is hard for me to, understand why anyone would not welcome the biometric means of identifying the user of a credit card. It would appear to me that the only one that would have a reason to object to using this method of identification would be someone who wants to use someone else’s credit card….which leads me to wonder if all those who objected to Mastercard’s using biometrics are those who make it a practice to attempt to use stolen credit cards. Is there any other conclusion one could draw? What could possibly be a legitimate objection to this?
Ah yes the old head-in-sand “if you have nothing to hide” chestnut.
Why would anyone object – Its called liberty and freedom.
Enjoy your chains.
Welcome to the futuristic world of mind controlled self enrolment.