Credit card and Biometrics Research Paper Example | Topics and Well Written Essays - 1750 words

Credit card and Biometrics - Research Paper Example Physical characteristics such as face, finger prints and behavioural characteristics such as voice, body movements (Eye movements) etc are used extensively in biometrics to identify a person. The credit card provider take note of either one of the biometric characteristics mentioned above for making and storing biometric template in the master computer at the time of issuing the card. The card holder needs to scan the particular biometric characteristics against a scanning system whenever he was planning to use the credit card for some services. Biometrics increases the safety, security and reliability of the credit card system. Moreover it is inexpensive, fast and easy to use as well. The major disadvantage of biometrics is the loss of privacy. Considering the improvements in electronic transactions, it is necessary to increase the safety of the credit card transactions and the use of biometrics in credit card services seems to be the option for the future. "A credit card is a thin plastic card, usually 3-1/8 inches by 2-1/8 inches in size, that contains identification information such as a signature or picture, and authorizes the person named on it to charge purchases or services to his account -- charges for which he will be billed periodically. Today, the information on the card is read by automated teller machines (ATMs), store readers, and bank and Internet computers" (How Credit Cards Work, 2008).Credits cards are a type of plastic card with a magnetic strip which is used extensively to borrow money or to buy products or services. The card holder need not carry money always with him for his purchasing needs. He can use the credit cards to purchase an object directly or indirectly through internet from anywhere in the world. Each credit card may have the name of the card holder affixed and a unique number. Moreover, a personal identification number (PIN) is also provided by the financial institution which supplies the credit card to its customers. This PIN would be useful for the card holder when he want to withdraw money from Automatic Teller Machines (ATM). Problem "In the end of 2005, MasterCard and Visa generated a sales volume of more than $190.6 billion, from the circulation of approximately 56.4 million credit cards across Canada. Credit card fraud statistics show that about $2.8 million was lost due to credit card fraud, from fraudulent use of MasterCard and Visa alone. In total, credit card fraud costs cardholders and credit card issuers as much as $500 million a year" (Credit Card Fraud Statistics and Facts, 2009) Credit card forgery is one of the big headaches faced by the cyber crime investigating agencies. The big problem associated with credit card is that anybody who knows the card number can use it. Even though many security measures provided by the card supplier for the customers, forgers have better technologies to steal the credit card numbers while the card holder using it somewhere for his purchasing needs or money withdrawal purposes. Biometrics is a new technology incorporated to credit card uses to prevent the card forgery . Instead of the card number, in biometrics oriented credit cards, the finger print, voice or the face of the card hold

Make a connection or disconnection between 2 readings. Name the Essay

Make a connection or disconnection between 2 readings. Name the readings and the connection and develop that idea - Essay Example The paper at hand intends to pinpoint themes, events, concepts, people and many more captivating things that make the essay. The first way in which the Carr from the ancient world portrays himself is Google for example when men ask for explanation after going through the book. Google does not seem to have dominated the essay in in his piece in terms of the content. The essay is about another book and it has a lot about each person’s future. When the boy reads the book, he finds it very interesting and decides to read another one by the same author but unfortunately, someone starts buying the books thus few units left and the only left option is online libraries. The search becomes an obsession that leads him to knowing everything about the author. This includes his love life, parentage and childhood. Carr discovers everything from the happenings of Google to the book burnings. Apart from the mystery being worth unraveling, the book is also interesting and very educative. For o ne to understand the book, it is important to understand the author. The book becomes more interesting when a man with a burnt face shadows Carr’s search. The essay by Carr instills fear to many and the more the two scenarios come in, people begin to dream with the book and it gets horrible. This continues as stories and everything begins to have the same meaning. People get the inception that a burnt face will haunt every search. People fear because of the past and this makes people hold back to unraveling the secrets of the present. Many kids, want to play the role of Carr in the contemporary world and in the process, these children become obsessed. The future is the present life, the present life makes the future therefore every secret of the present, and the shadows of the past greatly affect the future. The importance of the setting in this essay for example relates to other search. This emphasizes patriarchal violence threat just like the foreground. This is similar to threatening of the sons by the legacy of their fathers. The adopted and biological sons fear literary when trying to become real men like their fathers. The setting is also important because the sons and readers have the need to negotiate the difficult terrain of the inheritance from the parents. The occurrences of the book depict the life in the new technological and digital trend and the readers move away from the book and start a life in the country. The book is that significant. In life, every person in one way or another goes through the life that Carr went through or what the author wrote. There is love life, dreams, threatening and people try to become like their fathers and fore fathers to secure the legacy. People may not believe in supernatural but the setting of the book provides excellent materials for the purposes of literature. Stories that have ghosts as characters help in exploration of symbolic and atavistic elements in every narrative including the shadow of the wi nd. The title of the book makes one to read it to see how the wind has a shadow. Selections from into the world Jon Krakauer is telling the story of Chris McCandles who had interest in among other things recording Alexander Super tramp. The relationship between the two is that this is one person but writing under a different allows the author write what he would not be in a position to do because of fallacies. This makes the two scenes fall under the