Can you breath and walk? Guess what you can get a credit card. That right even with the "Economic Collapse" you can still get a credit card pretty easily. Also guess what you can use a credit card for (besides buying stuff)... That right ID. With no identifiable features it is accepted as a form of personal identification. As Air Canada learned that's not such a good idea.
It's time we started demanding better. Credit cards should be if not more secure then our Driver's license in my opinion. They should have all of if not more security features. One of the major things that are missing from credit cards is Photo ID on the card with your signature. I'm not stopping their, there should be the holographic and UV security features as well to help stop fraud otherwise anyone with an inkjet printer and a laminator could make driver's license. Most credit cards are issued by your local bank; where they can securely take your picture so it's not that big of an issue for the banks to implement this.
Considering the cost of fraud I am really surprised this is not already implemented. It is a pain in the butt for the customer to start however I think they will appreciate the security. Especially considering the "Chip" method in most debit and credit cards is mostly a joke. The Chip Encryption was hacked in 2008. So like a debit card if someone is watching you they get your pin, then takes your wallet, can then have a free shopping spree since photo ID is not required to use your credit card. FYI if you haven't signed the back of your credit card; you are voiding your terms of service with your credit card company.
In a time where you can find out anything about anyone from social networks such as Facebook, blippy, and foursquare; if we don't demand better security we won't get it. It is a small inconvience for a big piece of mind. These security features should go along way to help prevent fraud and they should also be used on debit cards. I don't know about you but if we had a secure ID process for credit cards especially for verifing who is using them, I would feel better about using them.
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