MasterCard has finally realized that signatures are obsolete and stupid

Get the Full StoryFor years, credit card companies have relied on an illegible squiggly line as the frontline of defense against credit card fraud. Customers are forced to use a pen how retro! to scrawl their signature on bills at restaurants and sign digitally at cash registers–as if somehow in the age of chips, PINs, biometrics, and online …

Continue reading “MasterCard has finally realized that signatures are obsolete and stupid”

For years, credit card companies have relied on an illegible squiggly line as the frontline of defense against credit card fraud. Customers are forced to use a pen how retro! to scrawl their signature on bills at restaurants and sign digitally at cash registers–as if somehow in the age of chips, PINs, biometrics, and online fraud alerts, a line on a page is still a great tool against fraud prevention. Personally, I have been known to sign on the dotted line with a doodle of a piece of tofu and no one has ever stopped me, because signatures mean very little in this digital age.Read Full Story

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