Credit Card Signatures Are About to Become Extinct in the U.S.

by Larry Emmott on April 23, 2018

in General,Paperless,Security

From NYT:

Credit card networks are finally ready to concede what has been obvious to shoppers and merchants for years: Signatures are not a useful way to prove someone’s identity. Later this month, four of the largest networks — American Express, Discover, Mastercard and Visa — will stop requiring them to complete card transactions.

Source: Credit Card Signatures Are About to Become Extinct in the U.S. – The New York Times

The linked article has lots of detail and anecdotes however the bottom line is that signatures as a means of personal authentication, a method that dates back centuries, is no longer useful.

Will this trend expand to include forms? Will we be able to dispense with signatures on health histories and consent forms? What will we use instead as a reliable marker that the person listed on the form is actually that person and that they approve the contents of the form?

 

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