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Olympic Athletes To Sport Visa's New Payment Ring In Rio (engadget.com)
An anonymous reader writes from a report via Engadget: Visa is introducing a new ring at the Olympic Games in Rio that will let people pay for things by waving their hand -- no phone, wallet, or battery is needed. The ring, which has yet to be named, features a secure microchip from Gemalto, and an embedded antenna. It is crafted of black or white ceramic, as metal would interfere with the antenna. There will be 20 sizes available during its trial run where it will be available exclusively for employees and partners, as well as the 45 athletes sponsored by Visa. The athletes inspired the creation of the ring, as wallets and typical wearables can be an annoyance to them when they're constantly changing uniforms. The ring is even fit for Olympic swimmers, as it is water resistant up to 50 meters. It never needs to be charged since it draws a tiny amount of power from the payment terminal and transmits far less data than Apple Pay or Android Pay. As for security, the ring can be deactivated from a smartphone, and thanks to tokenization, sensitive data is replaced by a digital identifier that can be used to process payments, so thieves won't be able to use it. There has been some controversy surrounding the Olympic Games in Rio de Janeiro. Some doctors have warned that the games could spark a "full-blow public health disaster" with the spread of the Zika virus.
Let's see you keep a wallet with cash in your Olympic sized Speedo while you're between races.
On second thought, no... Let's not see that. Helluva way to start a weekend...
Have they even finished building the stadiums yet??
Political debates have me rolling my eyes so much I think I got optical whiplash. I should sue. - Foamy The Squirrel
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Unfortunately it is only "water resistant up to 50 meters" and most Olympic swimming events involve swimming more than a single length of the pool.
Hey buddy, give me a high-five! Missed! Ha ha, you paid for my groceries.
So, this is a fancy RFID tag then? Basically, you wave your radio-barcode through the induction field and the payment terminal then goes online using the ring's serial number instead of your credit card number?
Ooh, future.
See that "Preview" button?
Seriously, what's the deal with BeauHD and his penchant for adding a completely non-sequitur comment to submitted topics?
Where exactly would Olympic swimmers be going to buy things between races? Also what would they be buying?
in a partnership with Zika
The company who supplies SIM cards for all the carriers and is rumored to be compromised by the NSA and GCHQ... sign me up...
My eyes reflect the stars and a smile lights up my face.
Let's see you keep a wallet with cash in your Olympic sized Speedo while you're between races.
Depending on how large the available rings, male swimmers could carry them *in* their Speedo -- though waving it at or plunking it down on the pos-terminal may be problematic. No word yet on whether Visa will be offering a version of the ring suitable for piercings.
It must have been something you assimilated. . . .
Unless they took your smartphone also when they robbed you...
Which is why ApplePay still is far more secure, if the Apple watch leaves your wrist no-one is using ApplePay from it, or if you lose your phone they cannot use ApplePay without being able to use the fingerprint reader.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Jun 3, 1:31 PM EDT
UN ASKING EXPERT PANEL TO ASSESS ZIKA RISK AT RIO OLYMPICS
BY MARIA CHENG
AP MEDICAL WRITER
OLYMPICS NEWS
LONDON (AP) -- The World Health Organization's chief says she will convene an expert committee to consider whether the Rio de Janeiro Summer Olympics should proceed as planned, following concerns raised about the threat of the Zika virus.
In a request last month, U.S. Senator Jeanne Shaheen asked WHO Director-General Dr. Margaret Chan to evaluate whether the Rio games this year should be delayed or postponed. Chan said in a letter released by Shaheen on Friday that WHO has sent senior scientists to Brazil four times to assess the risk of Zika to the approximately 500,000 athletes and visitors expected to attend the Aug. 5-21 games in Brazil.
Follow the linky for the rest of the story.
"Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
Hot presentation at DefCon 25: hacking those rings
A talented pickpocket can get your wallet, phone, wristwatch, and the rings off your fingers, and you'll never even know it.
Is there a PIN that you need to use with this ring? Or is it literally single-factor authentication, and as soon as someone divests you of it, they can go nuts with it until it gets deactivated?
On a less serious note, are sex workers in Rio going to have payment terminals compatible with this by the time the athletes arrive? That'll be the most common use for athlete's dollars, I'd think. XD
On a tin-foil-hat conspiratorial note, anyone else wonder if someone has weaponized Zika and seeded the world with carrier mosquitos, to create an extinction-level event for the human race? Thought's occurred to me..
Are YOU using the TOOL, or is the TOOL using YOU? Think about it!
Wait, I think you may be onto something here. How about a VisaPay cock ring? Kills two birds with one stone. Keeps you tumescent and let's you breeze through checkout! You just have to bump your junk at the kiosk. Maybe a VisaPay Prince Albert?
For women, they could make a VisaPay IUD.
Visa, you can contact me if you're interested in my concept. Actually, it's probably better than you don't contact me. Just go ahead and use them.
You are welcome on my lawn.
The real problem is the air and water contamination. Zika will be the convenient diversion to cover it up
“He’s not deformed, he’s just drunk!”
Where exactly would Olympic swimmers be going to buy things between races? Also what would they be buying?
Steroids, of course!
"features a secure microchip from Gemalto,"
Yeah, okay. Who wants to bet one of these rings is hacked within 24 hours of the opening ceremony? I'll give it 72 hours, at most.
Perhaps you mean full-blown?
At the bottom of the
I like the idea that it can be instantly deactivated, and it should be easy to allow for more fine grained access control. I
So, you REALLY want your car to have to do a wireless (cellular) internet transaction before it will let you in, while the three thugs walking up the street get closer, ever closer?
No thanks. I'll continue to stick my physical key into the physical door lock, thank you. MUCH quicker, and nothing to sniff out of the air (considering the (laughable) "security" of the common Microchip KEELOQ protocol used in about ALL of the wireless key-fobs for cars, I NEVER use my keyfob to UNlock my car door. EVER).
It could be a great boon for prostitutes too. They just need to get the PayPussy installed and they can charge by the stroke!
Depending on how large the available rings, male swimmers could carry them *in* their Speedo -- though waving it at or plunking it down on the pos-terminal may be problematic.
Yeah, no kidding. You'd be worrying about more than just the spread of the Zika virus.
Plus the SJW's would be getting all pissed off and we'd need nipple rings for the women, or strap ons, or something.
$50 max liability still in place?
Apple already holds the patents on a similar product for male prostitutes.
You are welcome on my lawn.
...because taking your credit card out just takes TOO DAMNED LONG! What if there's something else you need to buy in another place and you're WASTING 3.5 seconds fiddling with your credit card here?
-Styopa
Apple Pay is way more secure than a credit card in two ways:
1) The merchant is only getting a one time token to record, so if their payment databases are hacked you have not had your CC info leaked. This reason alone is why I use ApplePay whenever possible, including for large purchases like AirBnB rentals.
2) As mentioned there's the whole "secure element" aspect of the hardware to deal with. Someone stealing your device CANNOT use it without you unlocking it for them. If someone steals a CC they can use it as much as they wish without issue.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
There will be 20 sizes available during its trial run where it will be available exclusively for employees and partners
Let me guess:
Three Rings for the Elven-kings under the sky,
Seven for the Dwarf-lords in their halls of stone,
Nine for Mortal Men doomed to die,
One for the Dark Lord on his dark throne
In the Land of Mordor where the Shadows lie.
t's very possible to provide adequate security that is protected against snooping.
Oh, I know.
The reason I know that KEELOQ is such a joke is that I developed a keyless entry system for delivery trucks (think "UPS"). After researching KEELOQ, which was the easiest path to victory (the place I was doing this for was a BIG Microchip house), I decided to use AES-128 instead (there are actually some PICs that have hardware AES-128 encryption engines, saving me the trouble of getting that working (and hoping I didn't introduce any vulnerabilities)).
Worked great, and was MUCH more secure than the typical KEELOQ trash that almost ALL vehicle Keyfobs use (even now, with TONS of articles on KEELOQ's vulnerabilites available on interwebs).
I DO like your idea of a "temporary key", though.
Sounds incredibly easy to steal, so not for use by general public...
Condoms. The Olympics are basically a two-week orgy which is why Zika is going to be a problem.
Also what would they be buying?
They're going to need a fair amount of antibiotics, and soap, lots of soap.
I wish I had a good sig, but all the good ones are copyrighted
Why buy that when you can get it for free from your coach?
This is about it. All the rest is marketing bullshit. I have something like that in my MasterCard. Most insecure thing you can imagine.
It is for smaller payments, Wave the card and you paid. All you need now is a portable reader and get all the monies.
Reminds me that I need to figure out how to disable it, because it is sooo insecure.
Don't fight for your country, if your country does not fight for you.
Visa: buy shit easier.
Where exactly would Olympic swimmers be going to buy things between races? Also what would they be buying?
Antibiotics?
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
For women, they could make a VisaPay IUD.
Hella fun extracting a payment there!
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
How much of a kickback is the IOC chairman getting? Because everything about the Olympics involves money and scandals and payoffs of some sort. I can't believe that VISA would stupid enough to introduce something like a new payment system at the Olympics of all places - the absolute epitome of dirty money, scandal ridden events.
I mean seriously, is this some sort of joke? So future Olympic bribes can now be conducted using the VISA payment ring...untraceable, discreet, no more bulky envelopes in a dark alley. No...graft can now be done from the comfort of your own living room. What could possibly go wrong?
This should help the athletes pay for the drugs they'll need to deal with all the loathsome diseases they'll get from swimming in sewage, drinking sewage, and being feedbags for mosquitoes infected with everything from malaria to zika virus to some freakin' disease we've never heard of that makes your eyeballs melt and your bowels erupt through your mouth.
I've calculated my velocity with such exquisite precision that I have no idea where I am.
sir, I think you are referring to the famed iprod (tm)