New Uses For LCD Technology

HaggiZ writes "A design student from the University of New South Wales has developed a postcard with a built-in camera and LCD display. As the article states, you simply snap the photos and send it to your loved ones and 'they tear open the perforations, fold out a little kick stand on the back and sit it on a bench top. Then it's as simple as pressing a button and it will go through a slide show of images.' I also found these credit cards with build in LCD displays. It sounds like the perfect solution for credit card fraud, with the card generating a One Time Password for each transaction."

Comments

Re:It's not built yet

[majest!k]

While we're on the topic of making up uses for LCD technology, I'd like to propose the LCD Restroom Stall. Finally, something to look at besides those inane scribblings on the wall.

Can I have some money now? Or how about some of what Zonk's smoking?

cc fraud

[SuperBanana]

I also found these credit cards with build in LCD displays. It sounds like the perfect solution for credit card fraud, with the card generating a One Time Password for each transaction.

Or clerks could stick to credit card processing policies. I walked into an Apple store today and asked an employee if it was OK to use a client's card, with a letter of authorization (in hand, signed by him, matching the sig on the back of the card.) The employee managed to finally get the attention of the manager, and the manager, who could barely be bothered, grunted "no". "Even with a signed authorization letter naming me, listing contact info that matches his account, and a signature that matches the card?" "NO." Oooookay.

So I collected my $500 in items for the client, went to the cash register, swiped the guy's card, and when asked for a photo ID, handed the dude the letter- the manager was distracted and working elsewhere. "This okay?" "Mmm...yeah." "Want to keep it for proof the charge is authorized?" "Nope, you're good."

Credit card companies establish merchant rates based on risk of fraud on the transaction. Some simply require "card presence", ie, a physical card MUST be swiped. Apple seems to require a photo ID, which probably knocks a couple tenths of a percent off their merchant fee or somesuch. Apple may transmit the signature or store it, and if the charge is contested, they can ask my client "is this your signature, or the signature of someone authorized to use it?" That's all the CC company cares about- that it was SOMEONE authorized to use it.

Then there are the retailers where they NEVER actually see the card- I swipe it, and they never need to look for a valid signature or see whose name is on the card; it could be an old CC with fraudulent info encoded, for example. Or the places that take the card, but the cashier never flips it over to look for a signature. Nobody's compared my signature the card in years, and it used to be everyone did (then again, I'm also older.)

Re:It's not built yet

[nairb774]

I always thought it would be intresting to put a LCD touch panel in a urnal. Then you could put games on it that are controled with your urine.