Citibank experiments with RFID tech

Tuesday, 4 July 2006, 12:12 AM EST

As you walk into your bank, your every move is tracked and studied. Once at the teller, there will be little need to present your ID. They already know who you are. That somewhat Orwellian concept could become a reality at your local lending institution in the near future if the radio frequency identification (RFID) technology now being tested in Europe proves successful.

Unisys Global Visual Commerce is currently conducting the pilot program for an undisclosed multinational bank with a U.S. presence, according to its vice president, Peter Regen.

At CIO Today.

[ Read more ]




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