And what if they lose their phone?
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Right!
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Not everybody who has a bank account has a smartphone...sounds like a marketing scheme by cell phone makers.....
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Just one more tech layer to go sideways. One NorKor EMP burst and we're all broke...and starving.
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A lot of seniors don't use cell phones. Homeless don't often have them and they are taking out payphones now. I shake my head at the lunacy.
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Or anyone that chooses to pay their mortgage over their $105.00 phone bill.
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Oh boy, the poor old people that don't have phones.
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No! Lets just have PINs, it's hard enough keeping track of everything my phone does already!
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The poor who get gov issued phones are text and talk only phones. Make internet open and unthrottled and no caps like other countries....
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The US phone and cable companies act like cartels holding areas hostage to their outrageous charges and limits no other country does! Thiefs
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Ha .... and phones are hacked too. Technology is not safe from the unscrupulous no matter what form it takes.
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How much data needs to be stolen before businesses look at solutions that provide less vulnerabilities not more things to encourage it
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Terrible idea, as bad as biometrics have been.
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I'll stick with guns and butter thanks.
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So that you have to keep your government-issue tracking device on your person at all times?
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No matter how many times you push this story there's going to be resistance & blow-back. Cell security is a long way from being perfect.
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some of these drive-up ATMs will need to change, especially those better suited to a guy driving a pick up truck.
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Just now seeing this. Not a tweeter but my first thought would be pause. Phones batteries die, get stolen, leave them at home and get hacked
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