Banking Kismet

Financial Services in a Web 2.0 world

Archive for April 10th, 2008

Protecting your PIN

Posted by George Pasley on April 10, 2008

The Copenhagen Post reports that four business students won an international competition for their invention of protecting the use of PINs on ATMs. The girls, students at Arhus Business College, got the inspiration for the idea after hearing about an elderly woman having her account cleaned out when a thief gained access to her PIN.

Their invention works by using a graphically, innovative screen that changes the positions of the numbers between 1 and 9 after each number is pressed. This way, a “nosy” person can’t determine your PIN just by looking at your finger positions. Also, the screen has a blur feature when looking from a side view.

Personally, I know I’m wary of using my PIN in public because of curious onlookers. I hope they hurry up and get this much needed upgrade in the States. It would be nice if all ten numbers were randomized though.

Posted in ATMs, Innovation, Security | 4 Comments »