Originally Posted by
Steve in Olympia
I am in favor of my credit card company having access to any data that reduces credit card fraud.
ANY data? Are you ready to get retina printed, fingerprinted etc. by the bank? Give the bank access to the GPS data on your cell phone?
And, how do we know that bank claims about what data is for security (as against, say, marketing) are accurate?
Real problem is the bank created credit card system is not at all secure--'cause the banks don't want to pay for real security.
Privacy is a real concern.
I don't want Chase to know how tall I am.
