Push for mandatory reverse ATM PIN adoption rears its head, again

Published: 6 March 2009 y., Friday

 

Kodo rinkimas

The appeal for a reverse ATM code has again popped up in mainstream press, this time in Illinois, where the (Peoria, Ill.) Journal Star last week reported about a technology that has been discussed in the industry for several years, yet fails to take off.

Joseph Zingher, a former lawyer and resident of Rushville, Ill., who developed the reverse-PIN software, is again pushing the technology as a way to curb crime. He told the Journal Star that he hopes the Illinois General Assembly will act this year to make his solution mandatory statewide.
 
"Every day, I get a Google news update searching for the words ATM and murder," Zingher told the paper, noting that in nearly every case, the victim's four-digit code was a factor. "If there was any chance that they would have been calling police, those murders would not have happened."
 
Currently, Senate Bill 1355, which would take Zingher's idea and make it law, is pending in the Financial Institutions committee.
 
A similar bill was proposed a few years back in Illinois, but was modified to make the mandatory provision voluntary — a request made on behalf of the banking industry.
 
Debbie Jemison, a spokeswoman for the Illinois Bankers Association, told the Journal Star her organization opposes SB 1355 because of safety concerns for potential victims. Jemison says it would be difficult for a person to remember her PIN backwards, thus tipping off the robber that something might be amiss.
 
The banking industry seems to prefer to keep it voluntary.
 
No banks in Illinois currently use the reverse-ATM PIN program.
 

Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Query-via-e-mail enabled

INFORMATION BUILDERS NEXT month will announce products to extend enterprise data to a variety of portable devices more »

Lycos sets eye on global gold with deal to build Olympics site

Waltham-based Lycos Inc. hopes a global deal with the sponsors of the 2000 Summer Olympics will provide a major boost to the company's worldwide visibility. more »

search.lt news

search.lt presents newest links more »

Japan launches Internet strategy

Japan is drawing up a five-year plan to surpass the United States as an Internet powerhouse through massive investment in high-speed infrastructure and scuttling laws that inhibit e-commerce. more »

Buy4Now plans to offer one million online items

Traditional retailers Superquinn, Heiton Holdings and Eircom have together taken a 41 per cent stake, valued at euro 4.8 million, in a new Internet shopping venture, Buy4Now.ie. more »

Australian Government Proposes Internet Naming Law

The federal government introduced the Telecommunications Legislation Amendment Bill 2000 into the senate. more »

FBI Arrests Man in Emulex Hoax Case

A 23-year-old college student was arrested Thursday and charged with staging one of the biggest financial hoaxes ever on the Internet and pocketing almost $250,000 by issuing fraudulent information on technology company Emulex Corp. more »

Gnutella girds against spam attacks

At last, there's a business model for Gnutella's rough-and-tumble world of file-swapping: spam. more »

You Are Welcome to Visit www.voting.lt

Perhaps it is very difficult to find somebody who is absolutely indifferent to the others’ opinion. There are many ways to get known what other people think: referendums may be organized, questionnaires of different kinds may be prepared. Here we introduce another way you may do it. more »

AOL Instant Messenger gets Napsterized

A new Napster-like program has sprung up online that piggybacks on America Online's popular instant messaging service, limiting swaps of music and other files to close, trusted groups of people. more »