Washington University Discovery May Lead to Securer Payments

7 years 2 months 4 weeks ago Sunday, April 14 2013 Apr 14, 2013 Sunday, April 14, 2013 10:14:57 AM CDT April 14, 2013 in News
Source: Associated Press
By: Associated Press

ST. LOUIS (AP) -- A discovery made by two Washington University scientists could play a role in preventing credit card fraud.

Marcel Muller and Ron Indeck were attempting to shrink bits of data onto a hard drive in the mid-1990s when they learned that magnetic media has what amounts to a fingerprint.

Tiny signals are present on the magnetic medium that comprises both hard drives and the strips on the back of credit cards. If the unique fingerprint on those strips is compared to fingerprints in a database, fraud can be detected.

California-based MagTek has adopted the technology, seeding the market with millions of card readers that can detect the fingerprints. The company's chief executive says the technology just needs to be "turned on" and used.

More News

Grid
List
JEFFERSON CITY- A Jefferson City man was killed Sunday after a fatal motorcycle crash that left one other man injured.... More >>
3 hours ago Monday, July 13 2020 Jul 13, 2020 Monday, July 13, 2020 5:30:00 AM CDT July 13, 2020 in News
BOONE COUNTY - Essential workers in Boone County are now eligible for free mental health services through HeartSpace Clinic ,... More >>
5 hours ago Monday, July 13 2020 Jul 13, 2020 Monday, July 13, 2020 4:00:00 AM CDT July 13, 2020 in News
COLUMBIA - Columbia Public Schools are asking parents how to spend extra funds from the possible elimination of the... More >>
14 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 7:25:00 PM CDT July 12, 2020 in News
JEFFERSON CITY - Family members returned to the charred remains of their home Sunday afternoon after a fire there the... More >>
14 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 7:21:00 PM CDT July 12, 2020 in News
COLUMBIA - The first-degree murder trial for Joseph Elledge has been set for September 1 at 9 a.m., according to... More >>
16 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 5:03:00 PM CDT July 12, 2020 in News
COLUMBIA - The University of Missouri Police Department arrested 22-year-old Rachel Foster Sunday morning for tampering at the campus' Thomas... More >>
18 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 3:17:00 PM CDT July 12, 2020 in News
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. You can... More >>
18 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 2:58:00 PM CDT July 12, 2020 in News
COLUMBIA- Missouri State Parks began hosting an event called, Women in Nature, in 2019 after it said it noticed a... More >>
18 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 2:35:00 PM CDT July 12, 2020 in News
JEFFERSON CITY (AP) — A judge rejected Friday a motion that that would have immediately made it easier for Missourians... More >>
20 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 1:14:00 PM CDT July 12, 2020 in News
KANSAS CITY (AP) — Kansas City will no longer punish people for marijuana possession, effectively decriminalizing it throughout much of... More >>
21 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 11:43:00 AM CDT July 12, 2020 in News
CREVE COEUR (AP) — Police investigating a weekend burglary in a St. Louis suburb found a dead woman at the... More >>
22 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 11:04:00 AM CDT July 12, 2020 in News
(CNN) -- Education Secretary Betsy DeVos on Sunday refused to say whether schools should follow guidelines from the US Centers... More >>
23 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 10:24:00 AM CDT July 12, 2020 in News
JEFFERSON CITY - Eight people are displaced after a structure fire broke out in Jefferson City on Saturday, according to... More >>
23 hours ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 9:51:00 AM CDT July 12, 2020 in News
WASHINGTON (AP) — President Donald Trump is slowly coming to accept that the Republican National Convention won't be the four-night... More >>
1 day ago Sunday, July 12 2020 Jul 12, 2020 Sunday, July 12, 2020 9:28:00 AM CDT July 12, 2020 in News
COLUMBIA - A group of Columbia solid waste customers are pushing for roll carts to replace the current system. ... More >>
1 day ago Saturday, July 11 2020 Jul 11, 2020 Saturday, July 11, 2020 7:07:00 PM CDT July 11, 2020 in News
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. You can... More >>
1 day ago Saturday, July 11 2020 Jul 11, 2020 Saturday, July 11, 2020 10:24:00 AM CDT July 11, 2020 in News
COLUMBIA - Medical marijuana could be available in dispensaries this fall, now that two cultivation facilities passed inspection and... More >>
1 day ago Saturday, July 11 2020 Jul 11, 2020 Saturday, July 11, 2020 10:17:00 AM CDT July 11, 2020 in News
KANSAS CITY, Mo. (AP) — A Kansas City councilwoman is calling for a plan to remove monuments and rename streets... More >>
1 day ago Saturday, July 11 2020 Jul 11, 2020 Saturday, July 11, 2020 10:00:34 AM CDT July 11, 2020 in News
Columbia, MO
Broken Clouds 77°
10am 80°
11am 84°
12pm 86°
1pm 87°