Most of all, I like the security and the certainty of online bill payment. That may surprise consumers who have never used it, since those who still pay by check often say they’re concerned about security or glitches that could prevent their bills from being paid. But I’ve found online bill payment to be more secure and less glitch-prone than the U.S. mail.
The program offers the first wide application of iris-scanning technology, which had previously been used only for government employees with access to classified sites or for employees with access to nuclear facilities, said Paul Mirenda, director of field operations for LG Electronics, one of the TSA's contractors that makes the scanners.
How should an online financial services company treat its loyal and reliable customers? Well, it could refuse to have anything more to do with them unless they provide additional personal financial information to "verify" who they are. That seems to be PayPal's approach, anyway.
Of all the business tycoons assembling for their favorite party's convention this week, none will get a warmer, perk-filled welcome than the personal finance crowd that has figured out how to imprison tens of millions of ordinary Americans with interest charges and other fees worthy of loan sharks.