Biometrics centrepiece of new Visa security roadmap — ZDNet — “The financial services giant has launched its 2020 and beyond roadmap first in Australia, focusing initially on biometrics for payment authorisation, ‘3-D Secure’ fraud detection, and pushing the use of tokenisation.”
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They are silent on the magnetic stripe. Has it been eliminated in OZ? It remains the THE fundamental vulnerability in the US. EMV, biometrics, and tokenization only chip away at the risk associated with account numbers in the clear on the mag stripe. Will no one rid us of this scourge?