SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: Zencone who wrote (15931)12/2/1999 6:01:00 PM
From: Buck  Read Replies (1) | Respond to of 26039
 
First thought,

For Seimens, that news could be devastating. I am pretty well of the opinion that electronic banking will never be secure without personal contact in addition to electronic signatures, fingerprints etc. The idea will be to have enough safeguards that even if someone is stupid enough to try beating the system, they will be caught immediately.
It will eventually be a combination of voice, fingerprint, retina, electronic codes, personal pins and personal information that does the trick. In the not so distant future there will be systems that ask for two or three different forms of electronic information before a transaction is approved. They will be able to track the phone or computer the call was made from, who called, what time the called and be 98% certain it is the right person. Anyone looking for 100%, better go to the bank and do it in person. (And that doesn't always work either.)
The Buck's two cents worth!