Massive increase in fraud crimes should make the government and banks realise that their data protection and Chip and PIN systems are failing to deter fraudsters.

This shows that fraud will continue to grow until they exploit ID KEY system described on website www.xwave.co.uk to make signature and PIN systems reliable and foolproof.

Fake documents have made our signature system unreliable while skimmers and pin-hole cameras etc. have made PIN system unreliable. We have option to make signatures reliable by personalising them with ID stickers and option to use Card Key Code to make PIN system reliable to make use of stolen and skimmed cards meaningless. By ignoring to exploit this system banks are only letting fraud crimes grow.

ID KEY system will eliminate the need for us to protect our personal and card details since fraudsters will be deterred from misusing these stolen details.

Proposed ID KEY can be treated as a reliable international ID card because it will personalise signature and PIN number to only the right individuals in any country.

From these details it is obvious that fraud crimes will continue to grow until proposed ID KEY system is exploited.

Click to read the article this is in response to.