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Originally Posted by tony404
now he is going after credit card thieves,it was saying nothing happens to 99 percent of them. I think the problem is the banks dont care, in the end they arent the ones fucked the merchant is. I believe if they wanted to stop it tomorrow they could. One example why does only one credit card company put your pic on your cc ? They all should be doing it but they dont because its the merchant that loses in the end.The merchant is the lowest piece in the cc chain.
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Banks do care trust me. I think the problem with identity theft is the lack of evidence or how one criminal can look like so many different people. Going down all those avenues just leads to more pointless work and wasted man hours. By merchant do you mean the person that holds the inventory because that is who gets screwed in the end, then bank, then customer depending on policies. They started putting pics on bank of america cards but that doesn't really matter considering PHOTOSHOP. Only decent solution right now is probably the smart chip but this is currently being reverse engineered or is already. There was also some stuff a while back with fingerprinting technology to use the card at any stores or even some foreign banks make you carry an electronical device that displays numbers day by day that you need to make purchases or withdrawls. Problem with everything, I think everything will be reverse engineered or a way to beat the system plus with more protections out the more complications happen when that is penetrated.