Everytime I walk into a bank these days, it feels like I have a protracted conversation with the devil. And then their ATMs don't work.
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Replying to @asteris
I was brought up in an era when "savings" meant sth. Nowadays, their interest is practically 0, and people have no real incentive to save.
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Replying to @asteris
Don't write this off as insignificant, by radically changing their biz model, banks incentivized the public to carelessly spend & share data
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Replying to @asteris
Lately, banks cascaded their data requirements to an absurd degree. A clerk actually lied to get me to sign off on one of their processes
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Replying to @asteris
And don't get me started on physical card security. I thought transactions were better protected in Europe, boy was I wrong.
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Replying to @asteris
Asteris Masouras 正义 Retweeted Nikolas Georgiou
And here I was believing the intrinsically insecure US model was outdated. Turns out that Europe is adopting ithttps://twitter.com/mpodil/status/824247302919483392 …
Asteris Masouras 正义 added,
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Replying to @asteris
If you research carding, you'll never want to use the things again. But through the debt crisis, banks are pushing them into mandatory use.
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Wired mag has a whole category of articles & news on carding https://www.wired.com/tag/carding/ start w this 2008 feature story https://www.wired.com/2008/12/ff-max-butler/ …
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