October 11, 2015

The Payments World Really Wants To Know Who You Are

Female face with lines from a facial recognition software In the early 1960s, Scottish engineer James Goodfellow was given a problem to solve. A colleague had invented a way to insert a card into a machine and get money out. Goodfellow's task was to figure out a way to ensure that only the card's legitimate owner could use these new "ATM" machines to obtain cash. So he created the personal identification number, what we call… Read More

Source: TechCrunch