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> loss of branding on their cards and the additional fraud risk Loss of branding is a fair point, but I think this would reduce fraud risk. Automatically deac
by seanflyon 12y ago
> loss of branding on their cards and the additional fraud risk
Loss of branding is a fair point, but I think this would reduce fraud risk. Automatically deactivating itself when lost or stolen more than makes up for the risk of trusting Plastc.
- raesene4 12y agoPossibly although the attack surface of this kind of solution is quite a bit bigger than that of a traditional card. Introducing complications like smartphone apps and increased complexity of programming on the card itself, has quite a bit higher potential for exploitable bugs compared to a traditional Chip & PIN card.