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[Technology] Massive upgrade to the US payments system well underway

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  • Littlejoe
    replied
    Technology would make it not a right fit for Nat Sci also...

    Moderated By: Littlejoe

    It's been decided that it's a closer fit to Economics than Nat Sci. Moving to a more appropriate forum

    ***If you wish to take issue with this notice DO NOT do so in this thread.***
    Contact the forum moderator or an administrator in Private Message or email instead. If you feel you must publicly complain or whine, please take it to the Padded Room unless told otherwise.

    Leave a comment:


  • klaus54
    replied
    The Tri-Lateral Commission's secret webpage?

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  • Truthseeker
    replied
    Originally posted by DesertBerean View Post
    Why is this in Natural Sci?
    You could have asked, why is this not in X forum. Economics is not quite the right place because of all the new technology. Civics, but the government does not really have to be involved.
    Where else?

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  • DesertBerean
    replied
    Why is this in Natural Sci?

    Leave a comment:


  • [Technology] Massive upgrade to the US payments system well underway

    The US payments system (e.g., credit cards, debit cards, ATMs, online banking and bill pay, online brokerage) is undergoing a huge upgrade that is supposed to be complete by October 15 this year. No, nothing to do with bitcoins and similar digital monies. Behold, Near Field Communication (NFC). An NFC-able smart phone might one day enable you to pay for anything using nothing more than the phone, as well as unlock your car. Fast, convenient, safe. More hack-proof.

    Why more secure than before? Tokenization is one reason en.wikipedia.org/wiki/Tokenization_(data_security)

    Apple Pay appears to have a bust-out start.

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