Its a good idea but I'm with Max Prepper the data will just get hacked and dumped and if they'd just start verifying existing data it would reduce fraud. Typically when paying a bill you have to have the person whose name is on the card verify it and it's recorded, charge backs are rare in the credit world. If they do this people will just hack it for retail theft and online scams and the like, e commerce is all about volume and addicted consumers ie credit/debit cards. Banks are pressed to make it easy for merchants customers so they don't get an upset consumer on the line and they don't even match shipping with billing or name on package data that should be cross referenced. This idea you posit would be a hit in a nation with the bank of the state with social credit systems like China where you are a Humineral and your body can be sold after death for parts so even the corrupt mortuary gets a kick back, better yet maybe the humineral gets lippy and has questions about the bill but the AI chatbot refuses a payment and starts breaking the FDCPA and such while fucking with the public and can be manipulated easier than an actual person who could have just been trained to spot certain things and now if you get pissed at AI you can't find a job, you will probably get targeted and it will eventually land you in the gulag but hey that's where commies get to really lean in for experimenting on the prisoner and anyone can be criminalized in a police state with a corrupt judicial and captured executive and defunct legislative. I hope they do it, people in China seem to love having their organs sold and I bet the bastards in the CCP don't even let them get any money for it or pay off the debts they got from being targeted after some sort of social infraction of commie invention so that they can then make their life hell as thanks to technocrats privacy is dead and the government forces them to comply with spying on and weaponizing tech against the population or for the gain of the state or a select few so as to quash dissent as is zee goal of zee Zersetzung and considering people can even arrange it with their bank for auto bill pay so there's tons of contact less ways to pay a bill considering most bill collectors do not want to deal with the public or their greedy clients which is why attorneys milk them during the lawsuit process and judgement interest is too high bc suing people is stupid and companies should try to avoid it and people too instead of the popcopy midwit employee types who want to beat on the customer that calls out their shit, of course this happens to companies getting sued as well if they don't follow certain laws and acts of Congress bc while everyone knows shopaholics keep China afloat and credit cards maxed out there's really no shortage of things these companies do that get them sued which is why they are scared of AG complaints and the lawyers who sue the banks and watch for technical fouls like basketball refs on the take so yeah Max Prepper has the right idea and will have less instances of id theft and security as well as not really affecting the fraud loss or chargeoff rates but hey some tech bros got some VC money who gives a fuck if their idea would be non functional and lead to more not less work for actual people who have to deal with backend things. What you posit would drive customers nuts, drive profits down and eventually cause interest to stay up or get worse and just help an existing problem get worse which is exactly why they're going to do it. Lol
This creeper tech goes way beyond good and evil because when we look long into a scanner, the scanner also looks into us.
Profound
Its a good idea but I'm with Max Prepper the data will just get hacked and dumped and if they'd just start verifying existing data it would reduce fraud. Typically when paying a bill you have to have the person whose name is on the card verify it and it's recorded, charge backs are rare in the credit world. If they do this people will just hack it for retail theft and online scams and the like, e commerce is all about volume and addicted consumers ie credit/debit cards. Banks are pressed to make it easy for merchants customers so they don't get an upset consumer on the line and they don't even match shipping with billing or name on package data that should be cross referenced. This idea you posit would be a hit in a nation with the bank of the state with social credit systems like China where you are a Humineral and your body can be sold after death for parts so even the corrupt mortuary gets a kick back, better yet maybe the humineral gets lippy and has questions about the bill but the AI chatbot refuses a payment and starts breaking the FDCPA and such while fucking with the public and can be manipulated easier than an actual person who could have just been trained to spot certain things and now if you get pissed at AI you can't find a job, you will probably get targeted and it will eventually land you in the gulag but hey that's where commies get to really lean in for experimenting on the prisoner and anyone can be criminalized in a police state with a corrupt judicial and captured executive and defunct legislative. I hope they do it, people in China seem to love having their organs sold and I bet the bastards in the CCP don't even let them get any money for it or pay off the debts they got from being targeted after some sort of social infraction of commie invention so that they can then make their life hell as thanks to technocrats privacy is dead and the government forces them to comply with spying on and weaponizing tech against the population or for the gain of the state or a select few so as to quash dissent as is zee goal of zee Zersetzung and considering people can even arrange it with their bank for auto bill pay so there's tons of contact less ways to pay a bill considering most bill collectors do not want to deal with the public or their greedy clients which is why attorneys milk them during the lawsuit process and judgement interest is too high bc suing people is stupid and companies should try to avoid it and people too instead of the popcopy midwit employee types who want to beat on the customer that calls out their shit, of course this happens to companies getting sued as well if they don't follow certain laws and acts of Congress bc while everyone knows shopaholics keep China afloat and credit cards maxed out there's really no shortage of things these companies do that get them sued which is why they are scared of AG complaints and the lawyers who sue the banks and watch for technical fouls like basketball refs on the take so yeah Max Prepper has the right idea and will have less instances of id theft and security as well as not really affecting the fraud loss or chargeoff rates but hey some tech bros got some VC money who gives a fuck if their idea would be non functional and lead to more not less work for actual people who have to deal with backend things. What you posit would drive customers nuts, drive profits down and eventually cause interest to stay up or get worse and just help an existing problem get worse which is exactly why they're going to do it. Lol
This may be the first comment I've seen that's longer than my article
I mean if that's what you think of the substance of my comment then it looks like you felt the same way I did about the idea you posit. 🌝
Nerds: I created a super cool Terminator with a samurai sword!
Everyone: We're dead. Thanks.
Real life aimbots