Mastercard joins FIDO and his BOSS

Submitted by Michael Krieger of Liberty Blitzkrieg blog, here via IPJ:

Earlier this week, USA Today reported that massive payment processor MasterCard had joined the FIDO alliance. FIDO is an acronym for Fast IDentity Online, and the group describes itself as:

The FIDO (Fast IDentity Online) Alliance is a 501(c)6 non-profit organization nominally formed in July 2012 to address the lack of interoperability among strong authentication devices as well as the problems users face with creating and remembering multiple usernames and passwords. The FIDO Alliance plans to change the nature of authentication by developing specifications that define an open, scalable, interoperable set of mechanisms that supplant reliance on passwords to securely authenticate users of online services. This new standard for security devices and browser plugins will allow any website or cloud application to interface with a broad variety of existing and future FIDO-enabled devices that the user has for online security.

USA Today reports that:

SAN FRANCISCO — MasterCard is joining the FIDO Alliance, signaling that the payment network is getting interested in using fingerprints and other biometric data to identify people for online payments.

MasterCard will be the first major payment network to join FIDO. The Alliance is developing an open industry standard for biometric data such as fingerprints to be used for identification online. The goal is to replace clunky passwords and take friction out of logging on and purchasing using mobile devices.

It’s for your own good, and it’ll probably fight terrorism too!

Apple’s new iPhone 5s smartphone has a fingerprint sensor, but the tech giant is not part of FIDO. However,Google is part of the Alliance, and devices running Google’s Android operating system will have fingerprint sensors by next year.

I’m sure the folks at the Department of Homeland Security will be more than happy that the financial giant will make mass collection under its Biometric Optical Surveillance System (BOSS) that much easier. Serfs up suckers!

Full article here.

2 comments for “Mastercard joins FIDO and his BOSS

  1. October 8, 2013 at 2:37 pm

    I can see a niche market opening in transferable false finger-tips.

    By the way, how is the eye-scan bizzo going? Iridologists had a great laugh at that one. They are still chuckling away. Every iris may be different, but they are different week by week in everyone.

    • October 8, 2013 at 3:20 pm

      I shall be investing in a 24p rubber thimble…

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