That's actually a pretty smart design, to make it low powered enough that it actually gets enough from the NFC. Not only that, having a biometric sensor match data means you can do "Consumer Device Cardholder Verification Method", which means no PIN would be needed for your purchase, as it's verified with your fingerprint (something that can already be done with Apple Pay).
I can't wait for the MasterCard apocalypse though when new cards are issued starting with 2, and they don't work anywhere.
What the fuck fingerprints are way less safe than a 4 pin code.
Also, if you lose the card, isn't there a huge chance your fingerprint is on it?
[QUOTE=Lazore;52128736]What the fuck fingerprints are way less safe than a 4 pin code.
Also, if you lose the card, isn't there a huge chance your fingerprint is on it?[/QUOTE]
There are 10000 combinations for the 4 digit pin, most typically required and used.
According to Apple, it's 1 in 50000 for the fingerprint on their phone.
[url]https://support.apple.com/en-au/HT204587[/url]
So in that sense, fingerprints are more secure.
As for taking off the fingerprint off a lost card, good luck.
[QUOTE=DogGunn;52128756]
As for taking off the fingerprint off a lost card, good luck.[/QUOTE]
As long as there is a chance for it to happen, which there certainly is, then i think its pretty stupid.
[QUOTE=Lazore;52128794]As long as there is a chance for it to happen, which there certainly is, then i think its pretty stupid.[/QUOTE]
You'd have a higher chance of someone seeing your PIN and stealing your card than someone stealing your card and somehow taking off your fingerprint and then manging to fool the sensor into thinking it is a correct print.
Considering it draws power from the card terminal, I think the sales assistant would be able to tell that something's wrong when someone tries to use a stolen card with a glass tumbler/another object that attracts fingerprints.
This is amazing tbh.
[QUOTE=DogGunn;52128756]There are 10000 combinations for the 4 digit pin, most typically required and used.
According to Apple, it's 1 in 50000 for the fingerprint on their phone.
[url]https://support.apple.com/en-au/HT204587[/url]
So in that sense, fingerprints are more secure.
As for taking off the fingerprint off a lost card, good luck.[/QUOTE]
you're comparing one sensor technology with another, there will be corners cut with technology and it's only matter of time when the exploit will be found beyond retrieving fingerprints.
[QUOTE=DogGunn;52128756]There are 10000 combinations for the 4 digit pin, most typically required and used.
According to Apple, it's 1 in 50000 for the fingerprint on their phone.
[url]https://support.apple.com/en-au/HT204587[/url]
So in that sense, fingerprints are more secure.
As for taking off the fingerprint off a lost card, good luck.[/QUOTE]
Taking a fingerprint off a lost card would be super easy. Putting it to use, though, not so much
[QUOTE=Ithon;52129019]you're comparing one sensor technology with another, there will be corners cut with technology and it's only matter of time when the exploit will be found beyond retrieving fingerprints.[/QUOTE]
Sure, I doubt it will be as sensitive (would need a bit of processing power but on minimal energy being provided), but I doubt they would put into production something that can be used to identify you, and not do it to a certain degree of certainty.
[QUOTE=DogGunn;52129048] I doubt they would put into production something that can be used to identify you, and not do it to a certain degree of certainty.[/QUOTE]
they introduced the security flaw of a wireless chip being wireless.
[QUOTE=Lazore;52128794]As long as there is a chance for it to happen, which there certainly is, then i think its pretty stupid.[/QUOTE]
You should read up the [URL="https://en.wikipedia.org/wiki/Birthday_problem"]Birthday Theorem[/URL]. Essentially, given a finite set of combinations, there is always a possibility of collision. This probability increases as more samples are examins. In a nutshell, nothing in the world is perfectly secure.
[QUOTE=Ithon;52129679]they introduced the security flaw of a wireless chip being wireless.[/QUOTE]
You know you're not liable for transactions you don't make?
Silly Americans. Get with the times. Tap and pay is fantastic.
[QUOTE=DogGunn;52130087]You know you're not liable for transactions you don't make?
Silly Americans. Get with the times. Tap and pay is fantastic.[/QUOTE]
Not even that, people who are paranoid about tap and pay are simply ignorant to how the system actually works.
In the latest generation of the tap and pay technology, whenever the card is tapped with a terminal, the two devices initiates a handshake with an unique token that's valid for that specific transaction only. Even if this token was captured by an attacker, the token cannot be replayed or "decrypted" to reveal your card information.
love doing apple pay whenever i can. i'd love to see it actually on my card
[QUOTE=DogGunn;52128756]There are 10000 combinations for the 4 digit pin, most typically required and used.
According to Apple, it's 1 in 50000 for the fingerprint on their phone.
[url]https://support.apple.com/en-au/HT204587[/url]
So in that sense, fingerprints are more secure.
As for taking off the fingerprint off a lost card, good luck.[/QUOTE]
My pin is an undisclosed number of more then 7 digits
Switched bank a while ago, good to have the 4 digit limit removed
[QUOTE=Scratch.;52131369]My pin is an undisclosed number of more then 7 digits
Switched bank a while ago, good to have the 4 digit limit removed[/QUOTE]
Try this:
Go to merchant terminal, put in PIN, stop at 4 digits. Enjoy it working anyway ;)
Some ATMs do however require all digits of the PIN, but many merchant terminals just simply truncate anymore digits than 4, and the system allows it.
[editline]21st April 2017[/editline]
Also move to Macquarie, fee free any Australian ATM (they'll pay the fee for you) and 0% foreign transaction fee, and Apple and Android Pay.
[editline]21st April 2017[/editline]
Ask me for a referral, get we get $40 <3
pls no ban me
[QUOTE=DogGunn;52131379]Try this:
Go to merchant terminal, put in PIN, stop at 4 digits. Enjoy it working anyway ;)
Some ATMs do however require all digits of the PIN, but many merchant terminals just simply truncate anymore digits than 4, and the system allows it.
[editline]21st April 2017[/editline]
Also move to Macquarie, fee free any Australian ATM (they'll pay the fee for you) and 0% foreign transaction fee, and Apple and Android Pay.
[editline]21st April 2017[/editline]
Ask me for a referral, get we get $40 <3
pls no ban me[/QUOTE]
Dear god those interest rates are atrocious.
[QUOTE=DogGunn;52131379]Try this:
Go to merchant terminal, put in PIN, stop at 4 digits. Enjoy it working anyway ;)
Some ATMs do however require all digits of the PIN, but many merchant terminals just simply truncate anymore digits than 4, and the system allows it.
[editline]21st April 2017[/editline]
Also move to Macquarie, fee free any Australian ATM (they'll pay the fee for you) and 0% foreign transaction fee, and Apple and Android Pay.
[editline]21st April 2017[/editline]
Ask me for a referral, get we get $40 <3
pls no ban me[/QUOTE]
I smacked up Commbank since they had an ATM at the Uni, and a branch in town, ezy signup
even though I got the the branch like ten minutes before they closed and it took like 25 minutes
[QUOTE=helifreak;52131390]Dear god those interest rates are atrocious.[/QUOTE]
Don't use it for a savings account. lol
ING is much better for that.
[editline]21st April 2017[/editline]
[QUOTE=Scratch.;52131396]I smacked up Commbank since they had an ATM at the Uni, and a branch in town, ezy signup
even though I got the the branch like ten minutes before they closed and it took like 25 minutes[/QUOTE]
But commbank sux. If you do a transaction in AUD, but its processed overseas (i.e. PSN, Xbox Live, Spotify) you get charged 3% extra.
[QUOTE=DogGunn;52131520]Don't use it for a savings account. lol
ING is much better for that.[/QUOTE]
ING are a solid 21% lower interest than CUA.
[QUOTE=helifreak;52131542]ING are a solid 21% lower interest than CUA.[/QUOTE]
Huh? You're earning 24%p.a. interest? wtf?
[editline]21st April 2017[/editline]
CUA's highest interest earning account is 2.85%.
ING's is 3.0%
[QUOTE=DogGunn;52131555]Huh? You're earning 24%p.a. interest? wtf?
[editline]21st April 2017[/editline]
CUA's highest interest earning account is 2.85%.
ING's is 3.0%[/QUOTE]
As in 21% lower than the 3.8% on CUA's highest interest account.
[QUOTE=helifreak;52131604]As in 21% lower than the 3.8% on CUA's highest interest account.[/QUOTE]
How are you earning 3.8% interest? I can't find any offer for that.
Must have dropped the rate for new accounts or something.
3.8% is insane! I want :<
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