Mastercard has come with new fingerprint technology on credit card to reduce fraud and stolen identity. The pilot project has started in South Africa and they plan to fully introduce the technology to Europe and Asia this year.
Mastercard has been working with Pick n Pay, a South African grocery retailer and Absa Bank, a subsidiary of Barclays.
Biometric fingerprint is seen as safer and easier than 4 PIN authentication. Shopper just need to hold the card by the fingerprint sensor and insert it to a card reader.
The terminal will verify the fingerprint and approves transaction. This will reduce burden for user to memorize a lot of PIN and password. Because normally credit card user will likely to use their birthday date as pin or just 1234.
We have to admit that there is no perfect system. Same goes with fingerprint technology. According to New York researchers, they already created synthetic master prints that can imitate people’s fingerprints.
Although none has been tested on real handphone, the researcher only tested it on computer simulation, but the technology rapidly improving.
RM 3 Millions to be given away
#Maybank returns with a new campaign with more than RM 3 Millions to give away when you shop with Maybank Credit Card. This campaign start from 1 October 2014 till 31 January 2015. You have 4 Months to spend with Maybank Credit Card.
# You can spend on petrol, groceries, dining and everything else paid off. No minimum spend required, all you have to do is just follow the steps below!
How To Participate
REGISTER to participate via SMS DAILY (space) 12-digit NRIC Number to 66628.
SPEND on everything with Maybank Cards.
GET Cashback up to 100% everyday.
Terms and Conditions:
Campaign period : 1 October 2014 until 31 January 2015.
Applicable to Maybank MasterCard, Visa or American Express Credit/ Charge Cards Card members.
Registration is open to Principal Card members only.
Cashback is capped at RM300 per Card member per day
First-come, first-served basis
Subject to a total RM25,000 everyday, whichever comes first.
Click here for more details offer.
83 person per day will be Lucky
# The maximum cash back you can receive is RM 9,000 per month. Since Cashback is capped at RM 300 per day. But there is no guarantee you can get the cash back as maximum Maybank will pay back per day is RM 25, 000. So there will be 83 lucky person to get RM 300 Cashback each.
# This campaign only valid for principle card holder only so you can keep your Debit Card. All supplementary cards’ spending will be consolidated under the principal card’s account but only principle card holder will be counted.
# Since this Cashback is first come, first serve basis, RM 300 limit per card holder and RM 25, 000 per day by Maybank. We therefore advise you to make your online purchases on the first week of the month. Good Luck 🙂
# RM 25 000 per day x 120 days = RM 3 Millions
So Small and Cheap
Do you ever imagine that one day, you can fit your computer into your wallet ? That is what David Braben trying and I believe already achieved. A computer with a size of credit card and so cheap around $25 – $35. The price is depending on how much RAM you specify. It is called Raspberry Pi developed by Frontier Development. Currently in beta and already on sale on e-Bay for charity.
You can watch the video below to appreciate the performance of Raspberry Pi. According to David, Raspberry Pi can run Linux OS with LXDE, run internet browser, movie and Open Office. Don’t be surprise, it can even run Quake 2. Performance is not an issue here.
What I like to point out is that with the combination of small hardware and linux we could do a lot of things. This device might be a stepping stone to a greater things. (more…)
Just a few days ago, my friend in India asked me to help him to purchase a software to encrypt his PHP code.
He told me that his credit card is not valid to purchase the software. He said there is rumors that some merchant don’t accept credit card from India. He offers to pay me using PayPal.
So I just followed his instruction on how to purchase the software. On the last page for payment option, I saw PayPal button. I thought he might want to scam me. So I explained my findings. To his surprise , he said that he cannot find any PayPal option on the website.
Instead he gave me his PayPal user id and password. At first i was quite reluctant since he had to give his PayPal details to me. He replied that he only have a few buck, so it will be no problem. So in the end, I just use his PayPal to pay the software.
I am not sure why there is no PayPal option on his side. Maybe its true may be not. Either way you should be careful and double check. Actually I was willing to pay since the amount is only USD 20 plus I barely know him. He is just my online friend.
So will you pay for your online friend ? 🙂
Just last week I received another maybank2u fake e-mail :
Maybank security systems detected a serious (PR2) security problem in Maybank server and Currently been updated.
Your account must be updated for accept a new Maybank interface and will be stricted due to several invalid login
attempts from an unauthorized third-party. Your immediate attention is required to Update your account. Please be
informed that your account will be temporarily closed if not update now..
Update with Below link
click on url or just copy and paste the url address
Thank you for Your Understanding and support
First all, their English is worse. Much worse than mine hehe.
They tried to create panic towards online customer by saying that Maybank2u security has been breached. So user will straight away click the link without checking. They moron just have nothing better to do I guess. So PLEASE don’t EVER trust/believe email asking for your online banking id and password. It doesn’t matter either Maybank2U, PayPal, CIMB Click or any other online banking. Just contact your bank directly to confirm.
Maybank does not send out any e-mail or SMS requesting customers to provide personal banking ID or PIN or credit card information. Please do not log in through website links contained in emails supposedly from Maybank or other institutions. Be alert or you may fall victim to a financial scam.
WHAT IS PHISHING ?
In the field of computer security, phishing is the criminally fraudulent process of attempting to acquire sensitive information such as usernames, passwords and credit card details by masquerading as a trustworthy entity in an electronic communication
According to Maybank, there are 20 phishing site that want to steal your login id and password. Beware!. So I need to update Maybank about this amalon.com.
For Any Suspicious Email or SMS
Protect yourself from being a victim of email or SMS scams! If you receive suspicious messages, contact Maybank hotline immediately at 03-5891 4744.