IBIA questions TSA plan on PreCheck expansion (Planet Biometrics)
The International Biometrics and Identification Association (IBIA) has objected to plans by the Transportation Security Administration (TSA) to exclusively use just biographic data solutions in an expansion of the PreCheck travel screening program.
There’s an interesting quote in the piece that compares what the TSA is proposing to the fraud prevention techniques commonly used by credit card companies.
That alone should give pause. For credit card companies, fraud is an actuarial problem. Credit card companies earn 3-4% on every transaction plus interest fees for carried balances. There’s plenty of room for both fraud and profit in that model.
The TSA’s job is different, and perhaps their fraud prevention techniques should be, too.