With identity thieves running rampant across the globe this isn't as much of a farfetched idea as one would think. This password protected credit card concept is the work of Innovative Card Technologies and eMue Technologies. The gist of the idea is to eliminate the third party security interaction. So, rather than having to enter PIN codes into completely random ATM or card-swipe machines, the passcode is physically entered on the card.

Before any transaction is completed the passcode would be required to be entered on the card and authenticated (somehow). With a product like this, a lost credit card would no longer be as troublesome, unless of course whoever stole the card knows your passcode. This is a great idea, but it may be too little too late. With RFID implants becoming the new rage, it is only a matter of time until humans become giant walking and talking credit cards. — Travis Hudson

Via Gizmag