Plastic Credit Cards Research Articles

BioPay: Your Fingerprint is Your Credit Card

In recent years, credit and debit cards have become a very convenient method of payment. The growing use of card payments, hereafter referred to as credit cards, is evident in the daily use with many applications, such as withdrawing money from an Automated Teller Machine (ATM) and making payments in a store. Online payment has been very common these days, where the transaction is made across a great distance, allowing for online shopping. This has increased chance of credit cards experiencing a risk of cybersecurity attacks, particularly if the transaction amount is big enough. Another problem that arises is the potential fraud should a thief try to impersonate the credit card owner’s identity. To overcome these obstacles, we propose a BioPay scheme that uses the fingerprint biotoken to replace the current plastic credit card. The BioPay scheme uses the biometric data (fingerprint), revocable fingerprint biotokens (Biotope), and Bipartite token to provide high authentication, non-repudiation, security and privacy for all payment transactions including money withdrawal from an ATM. The BioPay scheme collects biometric data (i.e. fingerprint) from users and embeds four-digit authentication numbers inside the encoding biometric data (i.e. fingerprint), finally distributing them over clouds. In the payment/withdrawal process, a user provides his/her fingerprint to complete the transaction. BioPay scheme insures that the transaction process performs on an encrypted form to provide security and privacy for the customer’s bank information. Our experiment shows that BioPay has comparable accuracy and significant performance gain for performing the transaction process.

모바일 신용카드 사용자 만족 및 지속사용의도에 영향을 미치는 요인에 관한 연구: 혁신확산이론 및 후기수용모형을 중심으로

Due to the mobil-centered lifestyle following the wider use of Smartphones, Mobile services, including mobile banking and mobile shopping business have increased rapidly. Also with the emergence of “Fintech”, which finance combined with technology, IT based financial market is going to be highly promising. In this trend, interests mobile credit cards are increasing. But diffusion of the mobile credit card services is still in the low level. In this situation, to identify factors that influencing satisfaction and continuous usage intention on mobile credit card, this study applied innovation diffusion theory (IDT) and post acceptance model (PAM). To conducting this research, survey data were collected, and we used SmartPLS to analyze survey data. As a result of the study, perceived easy of use, image, compatibility and facilitation positively affect user’s satisfaction in mobile credit cards and that such satisfaction have a positive impact on continuous intention to use. The facilitation influences user satisfaction more strongly for those who use mobile credit cards more than plastic credit cards. Also, perceived of use and image influence user satisfaction more strongly for those who use plastic credit cards more than mobile credit cards. It is expected that this study can be a guideline for credit card service providers and policy makers to invigorate mobile credit card business. Also it worths as a early-stage research on Fintech-related studies.

Nanoscale Shuffling in a Template-Assisted Self-Assembly of Binary Colloidal Particles

We have fabricated a square lattice array of sub-micrometer fluorescent (red and green) polystyrene particles. The particles were each embedded into small pits fabricated on a silicon substrate by electron beam lithography, through the drying process of an aqueous suspension containing equal amounts of the two species. We indexed 0 and 1 for each red and green particle, respectively, and then obtained a one-dimensional bit sequence by the successive reading of the indices in a predetermined manner. We evaluated the randomness of the bit sequence by using the improved FIPS 140-2 statistical test suite. Consequently, we found that the bit sequences do not have any non-randomness. The particle array was obtained by a very simple process, i.e., the drying of a suspension, but the particle distribution pattern was definitely unpredictable and irreproducible, and the number of possible patterns was tremendously large. The signal--i.e., the color of the particle--does not deteriorate within a practical timescale under various conditions, such as in an electric field, in a magnetic field, in air or water, on a solid matrix, and so on, which means that a small tip with the particle pattern can be installed in miscellaneous object, including electronic products, plastic credit cards, currency bills, and so on. Therefore, this particle array is applicable to a nanoscale identification tag or a one-time pad encryption tip.

Charge it to my phone [mobile commerce

This paper discusses the potential of the mobile phone as an electronic payment tool that would replace cash and even the plastic credit card. Many argue that mobile payment (m-payment) could develop into a complete digital wallet, with the mobile phone replacing no just cash but also season travelcards, gym membership cards, student cards, and even house and car keys. While m-payment is technically feasible, there are several key issues that first need to be addressed. One is the need for backing of partners from outside the mobile industry such as banks and credit card issuers that could lend these programs the trust associated with electronic payments. Another vital issue is the agreement of a unified m-payment specification. Unless these issues are first resolved, m-payment programs cannot be expected to reach their full potential.

Young People and Training Credits: An Early Exploration

Abstract Training Credits were launched, as a set of pilot schemes, in 1991 and were claimed by the government to symbolise a ‘revolution’ in attitudes towards training in Britain. By 1996, all school leavers in the country will be issued with Training Credits, usually in the form of a small plastic credit card which entitles them to spend approximately £1500 on their vocational training. The main aim of the scheme is to introduce a market into post‐16 training whereby it is hoped young people will become more motivated to improve their vocational qualifications through increased feelings of ownership and control. The intention is also that they begin to exercise choice in the market by shopping around to find the best quality training provided by local employers. We examine the early progress of the scheme by interviewing a small group of young people in Northumberland about their experiences of Training Credits. Whilst some aspects of the initiative are working well there is cause for serious concern ab...

Smartcards outsmart computer crime

The major weaknesses of electronic transaction processing and electronic data transfer are lack of reliable authentication of the user, line tapping and unauthorized modification of software. This paper proposes protection measures based in programmable smartcards. These are plastic credit cards with implanted microprocessors programmed to provide positive user authentication and to add electronic signatures to transactions. The application of these smartcards is discussed, especially where real commercial benefits have been obtained in areas such as banking, insurance, electronic funds transfer and network security.

New Applications & Recent Research

Researchers at Battelle Memorial Institute in Columbus, Ohio, are engaged in a six-month international study that is examining the future of plastic credit cards with built-in microprocessors and memories. The study is being sponsored by a number of banks, telephone companies, oil companies, and high-technology manufacturers.