Re:Are banks using ML to verify my signature?
by icedchai on Thursday April 13, 2017 @11:42PM
(#14112588)
Credit card employees aren't verifying anything. All of my credit cards have been opened remotely: online, and through the mail.
And I can count on one hand the time a merchant has actually checked my signature against the credit card. And for charges under $50, most places don't even ask for a signature.
Best to just get rid of the signature entirely and speed up the transaction. It's pointless.
But when you open a credit card the employee is supposed to verify that the signature matches the signature on your state-issued id, and a basic AI program would only better enable the employee. Seems like such an obvious solution to counter fraud too