Comment by supertrope
8 days ago
Banks want attested terminals and for the customer to pay for them. An even better deal for the bank than ATMs, kind of like of how cable TV boxes enforce DRM on the customer and are paid for by the customer.
8 days ago
Banks want attested terminals and for the customer to pay for them. An even better deal for the bank than ATMs, kind of like of how cable TV boxes enforce DRM on the customer and are paid for by the customer.
I've been menionting this a lot and it feels like no one is listening. These 3rd and 2nd party actors are expecting for you to pay for equipment for them. It's insane.
More context: I've been saying this a lot about this in the scan and go at sams club and how there are fanatics that act like it's a good thing and to be the only way to pay.
You'll pay for their security measures either way. Does it really matter that much if you see the line item charge or if it's baked into your interest rate spread?
It does matter though. If the cost comes out of their budget they have different incentives than if the cost is born by the customers in some semi-hidden fashion.
Just gotta hope that based on how economic theory is supposed to work, if doing these things result in saving costs during procurement of specialized equipment, the savings are passed on to the consumer… hopefully…
In this case it's not. It's removing employees, but there is no notice cost decrease in product. There's just re-enforcement of "you didn't rob us". (Checks at the end, etc).
The benefit of modern computers is that we can virtualize such an attested terminal without needing to have it be a separate device.
Great. Another place where passthru of a hardware dongle needs to be supported.