Mastercard To Expand Digital Biometric ID and “Behavioral Biometrics”

When it comes to privacy and overall security of some of people’s most sensitive (financial, but also, “behavioral”) biometric data, massive global banks and payment processors, and burgeoning biometric surveillance was always going to be that perfect “match made in hell.”

And that reality is gradually taking shape. Not only is biometric tech and its ubiquitousness increasing (still in most countries without proper legal protections or proper “disclosure” of how and why it is being) – but behemoths like Mastercard and Visa are realizing they have access to massive amounts of highly monetizable people’s data.

The nature of the personal information that the likes of Mastercard get with every transaction you make is not only the number but also the location, the content of a purchase… and then behavioral patterns start emerging. But it doesn’t stop there.

Meanwhile, the goal (often, but not always) openly talked about is the lucrative business of “sharing” that data for targeted advertising.

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Mastercard To Expand Digital Biometric ID and “Behavioral Biometrics” | SGT Report

www.sgtreport.com

 

[Tall Timbers]

I don't think collecting that kind of data on me would benefit the companies that purchase it, but I don't have to look very far to see someone who could see her bank accounts emptied on account of targeted ads. I imagine though that algorithms could funnel us all into groups of different levels of potential lucrativeness based on discovered patterns and practices, and charge more for those who are in the undisciplined shopaholic group.

I wish individuals were declared owners of their information. Individuals could choose whether or not to sell their info and for what price. Companies that were found to monetize individual's info property without permission or payment could be sued for big bucks.

 

[1LoverofGod]

It's just another step closer to digitizing everything and from what I have read Banks are planning the same thing.
What makes digitizing money spending problematic is when they attach ESG scores and add block chain to it so then the monitoring of spending gives them data to know how and where you spend your money.
If your score falls because they don't like what you spend your money on , ie; failing to meet climate regulations like too much meat, too much fossil fuel for your vehicle, our church offerings and so on, then the score lowers and then they can determine whether to put a freeze on your account.
This is where they are going with this. It's only a matter of time for global Central digital currency and a global digital ID.
It's about control as we know, and they're inching their way to the OWG, and all preparing for the Beast System of Revelation 13. But we're not here for that. Jesus is coming for His Bride.

 

[Ghoti Ichthus]

Whole Foods, Chase/Visa, and Amazon already do this internally (Amazon owns WF, and the Amazon Visa is serviced by Chase). I can look in my Prime Account and see all my WF purchases.
Ads I get on Amazon sometimes show specific food items, including brand and exact item, which I've purchased at WF. I think they've given up with the "related" item or alternate brand/item for these kinds of ads, because I don't purchase them, unless it's something I normally do, and I haven't gotten them for awhile. Still get the usual ads and alternates when buying on Amazon, though.

I've gotten electronic coupons from Amazon, WF, Fresh Thyme, and Walgreen's for the exact same item(s) I buy at WF, plus things from other places where I used the Amazon Visa (better points on those specific purchases). Also POS hard-copy coupons at Walgreen's for items I buy elsewhere with whichever cc I'm using for that transaction. And the usual coupons, etc. that Walgreen's has "always" dispensed. I think this is more the cc companies.

USAA has used behavior patterns and locations to decline cc/dc purchases for a very long time, and then I have to call them and tell them, "It's me!" A couple times it wasn't me and I got phone calls and texts from both them and LifeLock Behavior and location is used by Lifelock, as well. Have to remember to let USAA know when anticipating a large purchase or traveling, especially if gas or ticket purchases not made with a USAA card

Bank America now sends me electronic advertizing for long-term care insurance since now the long-term care insurance company has provisions for dc premium payment online and I use that dc They didn't when I used to take cash out and get money orders at the Post Office and mail.

 

[3Nails4Given]

I don't think collecting that kind of data on me would benefit the companies that purchase it, but I don't have to look very far to see someone who could see her bank accounts emptied on account of targeted ads. I imagine though that algorithms could funnel us all into groups of different levels of potential lucrativeness based on discovered patterns and practices, and charge more for those who are in the undisciplined shopaholic group.

I wish individuals were declared owners of their information. Individuals could choose whether or not to sell their info and for what price. Companies that were found to monetize individual's info property without permission or payment could be sued for big bucks.

If a college and now even high school athletes can trademark their NIL , name, image, and likeness, Why can’t a citizen do the same?

If a company uses my name, image, or likeness they owe me compensation.

 

[Ghoti Ichthus]

Intellectual property law specifies if someone is recognizable in a photo, permission must be obtained before use. There are exceptions, clauses, requirements, etc.

 

[1LoverofGod]

Intellectual property law specifies if someone is recognizable in a photo, permission must be obtained before use. There are exceptions, clauses, requirements, etc.

I don't know about everywhere else but in
California it once was illegal to audio or video record people without their permission.
But leave it to the government to exclude themselves and do just that and all they need to do is post a notice, even so small one can't take notice of that posted notice.
Everywhere in the State everyone is under constant surveillance. In public places and basically every street corner has cameras on you.
I live in a Senior apartment complex that I thought was just funded by the government as a subsidized housing.
Later after moving in I found out that it's actually Owned by the IRS and we can't go anywhere in this property without being watched and listened to by surveillance.
No privacy whatsoever, but of course it's for "our safety". Sure

 

[Ghoti Ichthus]

Hidden nanny cams (usually placed by family) in senior/elderly residents' rooms have saved a lot of lives. People, who have frequent visitors, especially those, who take the time to interact with staff and advocate for the resident when necessary, are abused, neglected, financially exploited, stolen from, etc. far less than others, who are essentially warehoused without anyone outside, who cares enough to visit. Even Pastors, church members, and ministries visiting can make a huge difference with this.

Some nursing homes or senior facilities with nursing/intensive nursing/memory care have both audio/video surveillance to reduce liability and improve care by providing faster response and intervention in case of falls, choking, adverse medical events, unauthorized resident or visitor entering another resident's room, etc. Not familiar with independent or assisted living facilities with regard to this.

Did the IRS seize the property from owners, who didn't pay taxes (whether on the facility, failed business, income, etc.?) or other tax violations?
and now they're stuck with it due to potential buyers not wanting someone else's tax lien on property they might otherwise buy?

 

[Ghoti Ichthus]

I don't know about everywhere else but in
California it once was illegal to audio or video record people without their permission.
But leave it to the government to exclude themselves and do just that and all they need to do is post a notice, even so small one can't take notice of that posted notice.
Everywhere in the State everyone is under constant surveillance. In public places and basically every street corner has cameras on you.

In Missouri, it's lawful for a party to a conversation to record a conversation without other party's(ies') consent or knowledge. However, someone, who is not part of the conversation may not, except with a warrant. There are some exceptions, including a parent recording his/her own child interacting with the other spouse, another child, a neighbor, etc. A lot of this ends up in family court or forcing the school to acknowledge and do something about serious and/or ongoing bullying. Occasionally, it helps catch and put away a child molester.

I absolutely despise plate readers, as officers have access to people's information, who haven't done anything wrong, and there was no 4th Amendment reason for obtaining said information. I also hate red light and speed cameras, as they take away opportunities for officers to make contact with a driver, who is committing a moving violation(s), which can be indicators of drunk or drugged driving, fleeing a crime scene, trunking, etc. And that drivers, who have a "good" reason for breaking/bending the law have to take time and money to prove exigent circumstances later, when evidence or corroborating witness(es)/victim(s)may be unavailable. In essence having to prove innocence or sufficient cause to counter the automatic assumption of guilt (unConstitutional) and imposition of penalty (generally a fine)

 

[Spartan Sprinter]

Well we kind of move one step closer to the MOB technology in my country, this ex prime minister was a joke when he served as prime minister, now he's taken responsibility for introducing a digital ID and at this stage is encouraging all our IDS to be merged into a "Digital wallet"

Bill Shorten to announce new ‘gold standard’ digital ID program, Trust Exchange​

The new program will allow Aussies to securely use their phone to share personal information, instead of handing over sensitive documents such as their passport.

https://www.news.com.au/technology/online/security/bill-shorten-to-announce-new-gold-standard-digital-id-program-trust-exchange/news-story/c05afd822633ed3f9cdd9cc8823b611c

 

[Hol]

The new program will allow Aussies to securely use their phone to share personal information, instead of handing over sensitive documents such as their passport.

Are there some Bible believing Aussie churches talking about this?

 

[Tall Timbers]

USAA has used behavior patterns and locations to decline cc/dc purchases for a very long time, and then I have to call them and tell them, "It's me!" A couple times it wasn't me and I got phone calls and texts from both them and LifeLock Behavior and location is used by Lifelock, as well. Have to remember to let USAA know when anticipating a large purchase or traveling, especially if gas or ticket purchases not made with a USAA card

USAA's credit card security was so troublesome when I was traveling that I stopped using the card a lot of years ago. I use it every long once in a while now just so they won't cancel it. What was happening is I'd arrive to my destination and order some food in a restaurant (fast food, of course), I'd immediately start getting emails, texts, and calls from USAA card security wanting me to verify that it was me making the purchase, but they would so tie up my phone with repeated queries that it would be a while before I could let them know it was me.

 

[Tall Timbers]

Well we kind of move one step closer to the MOB technology in my country, this ex prime minister was a joke when he served as prime minister, now he's taken responsibility for introducing a digital ID and at this stage is encouraging all our IDS to be merged into a "Digital wallet"

Seems to me like that's going to make it easier on criminals to bleed a person dry. If everything is on the phone the criminals while threatening or torturing you, get you to transfer all your funds from your account(s) to an account they use, then they keep your phone that has the evidence on it until they collected the loot and shutdown that account.

 

[Spartan Sprinter]

Are there some Bible believing Aussie churches talking about this?

This was only announced in our news 2 days ago so i'm willing to give the benefit of the doubt but i would say a very few would have the discernment or bravery to teach how significant something like this is

 

[Spartan Sprinter]

Seems to me like that's going to make it easier on criminals to bleed a person dry. If everything is on the phone the criminals while threatening or torturing you, get you to transfer all your funds from your account(s) to an account they use, then they keep your phone that has the evidence on it until they collected the loot and shutdown that account.

During COIV when we had to use the QR codes , that information got hacked after swearing blindly that it was perfectly secure.

Now introducing this on a national scale is ripe for major hacking as you mentioned.