A bank security check that leaves you guessing your own name
theguardian.com
A bank security check that leaves you guessing your own name
1–10 of 67 posts
Re: A bank security check that leaves you guessing your own name
#2Japan's banks have a similar system, based on half-width katakana. Fortunately most banks can fetch the name from each other, but sometimes transfers fail due to issues similar to those found in this article.
Re: A bank security check that leaves you guessing your own name
#3We have a very similar system in Canada called Interac, which works well enough. All you need is the registered email or phone number of the recipient and it will grab all the rest of the info, no matter who they bank with.
Re: A bank security check that leaves you guessing your own name
#4We have a very similar system in Canada called Interac, which works well enough. All you need is the registered email or phone number of the recipient and it will grab all the rest of the info, no matter who they bank with.
There are a lot of issues with fraud on Interac though, even if it is just customers doing foolish things.
https://www.cbc.ca/news/business/rbc-customer-out-of-pocket-...
Re: A bank security check that leaves you guessing your own name
#5We have a very similar system in Canada called Interac, which works well enough. All you need is the registered email or phone number of the recipient and it will grab all the rest of the info, no matter who they bank with.
There are a lot of issues with fraud on Interac though, even if it is just customers doing foolish things. https://www.cbc.ca/news/business/rbc-customer-out-of-pocket-...
From my understanding, this only really happens when the recipient doesn't have autodeposit set up. Still bad, though.
Re: A bank security check that leaves you guessing your own name
#6It's never wrong to review that famous and ever-relevant essay, Falsehoods Programmers Believe About Names, and for which there has been oodles of prior discussion on this forum:
https://news.ycombinator.com/item?id=1438472
https://news.ycombinator.com/item?id=12450825
https://news.ycombinator.com/item?id=21492464
Original at https://www.kalzumeus.com/2010/06/17/falsehoods-programmers-...
Re: A bank security check that leaves you guessing your own name
#7I've just internalized over the years that my last name isn't my father's name, it's actually "JTWROS".
Re: A bank security check that leaves you guessing your own name
#8I've just internalized over the years that my last name isn't my father's name, it's actually "JTWROS".
Ah yes! I remember the first time I opened a Schwab account and saw that on their letters addressed to me.
I had no idea that it meant Joint Tenants With Right of Survivorship. If I did know that, I probably wouldn't have known what it meant.
Oh wait. I think it actually said JT TEN WROS. I still don't know the difference between that and JTWROS.
Re: A bank security check that leaves you guessing your own name
#9"Who are you?" is the most expensive question in information technology. No matter how you get it wrong, you're fucked.
https://old.reddit.com/r/dredmorbius/comments/3mo7l6/that_go...
https://old.reddit.com/r/dredmorbius/comments/7qya12/informa...
https://old.reddit.com/r/dredmorbius/comments/2w618r/how_to_...
Re: A bank security check that leaves you guessing your own name
#10The Thai version of this doesn’t require you to enter the recipient name, you just enter a number and a bank ... and it tells you the recipient name for you to check. Pretty fool proof except that it leaks names for bank account details