WYTM - "but what if it was true?"

Victor Duchovni Victor.Duchovni at MorganStanley.com
Mon Jun 27 15:47:20 EDT 2005


On Mon, Jun 27, 2005 at 09:58:31AM -0600, Chris Kuethe wrote:

> And now we have a market for cracked "trusted" banking clients, both
> for phishers and lazy people... it's game copy protection wars all
> over again. :)
> 

Well cracking the bank application is not really in the user's interests
in this case. My view is, that when the banking application delivery
platform becomes cheap enough (say $50 or less), it will make sense for
the bank to provide a complete ATM system (sans cash) to each user.

The personal ATM appliance should be difficult to tamper with and should
accept only a single set of accounts (so that stolen pin numbers are not
portable)...

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