Poland to be first in Europe to have biometric bank machines

Going through this article the past few days now. The only think that keeps crossing my mind is, Now instead of just stealing cards, they will also be stealing fingers to top it all off.
Do they really think a thief isn't a thief?

clipped from www.canada.com WARSAW - Poland's co-operative BPS SA bank claimed Tuesday to be the first in Europe to install a biometric cash point allowing its clients to use their fingertips rather than a bank card to withdraw money. "Our bank is the first in Europe to provide its clients with a new means to secure transactions to complement the secret code of their banking card," BPS SA Bank vice-president Krzysztof Jagielski told reporters Tuesday. "Thanks to a system which scans blood vessels in fingers, they can withdraw cash from a bank machine," he said of a new BPS cash point installed in the capital Warsaw. Based on "Finger Vein" technology developed by Japanese technology giant Hitachi, the bank machine which scans the unique network of minute veins in fingertips was developed by Wincor Nixdorf, a leading IT provider for retailers and retail banking. BPS said it would install three to four of the new biometric machines in Warsaw by the end of the year,

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debit-card-skimming-scams: Don't Use You PIN at the Gas Pumps!

Image by Getty Images via Daylife

• debit-card-skimming-scams: Personal Finance News from Yahoo! Finance

  "Three steps to take to protect your account data from getting into the wrong hands Whether by choice or necessity, American consumers are increasingly relying on debit rather than credit cards. Debit card spending has risen steadily, growing from 47.7 percent of purchases made with plastic in 2003 to 58.9 percent in 2008 and it is expected to surpass 67 percent by 2013, according to the Nilson Report, a newsletter that tracks the consumer payment industry. When you use a debit card, the money is immediately taken from your checking account. While using debit guarantees that you pay as you go, these cards have downsides, including a growing appeal to thieves. "As economic conditions have worsened, there's been a noticeable increase in all types of card fraud," says Avivah Litan, an analyst specializing in fraud detection and prevention at Gartner Research in Stamford, Conn. "But ATM and debit-card fraud is the top area of concern we're hearing about from banks all over the world." More from ConsumerReports.org: • Pros and Cons of Debit Cards • Credit Card Perks • Post-Recession Investing Unlike credit-card thieves, who usually charge merchandise and then resell it to come up with money, people who create counterfeit ATM or debit cards by stealing your PIN and other account data can simply pull cold cash from your bank account. Using a technique known as skimming, they set up equipment that captures magnetic stripe and keypad information when you input your PIN at ATM machines, gas pumps, restaurants, or retailers. Here's how you can protect yourself: Don't Type in Your Pin at the Pump Be especially vigilant at gas stations, Litan says. "Gas pumps are notorious for skimming because they're produced by only a couple of different manufacturers, and if someone gets the key to one from a disgruntled employee, they can insert a skimming device inside the pump where it can't be seen," she says. She recommends using a credit card rather than a debit card when you fill your tank."

  tags: debitcardskimmingscams, RFID, Credit, Card, Debit, Real, ID, Pass, Passport, Technology, Gas, pumps, US, News, Government, USA, Freedom

Posted from Diigo. The rest of my favorite links are here.

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