Click for St. Louis, Missouri Forecast

// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

 
 
 

ST. LOUIS (AP) — A discovery made by two Washington University scientists could play a role in preventing credit card fraud.

Marcel Muller and Ron Indeck were attempting to shrink bits of data onto a hard drive in the mid-1990s when they learned that magnetic media has what amounts to a fingerprint.

Tiny signals are present on the magnetic medium that comprises both hard drives and the strips on the back of credit cards. If the unique fingerprint on those strips is compared to fingerprints in a database, fraud can be detected.

California-based MagTek has adopted the technology, seeding the market with millions of card readers that can detect the fingerprints. The company's chief executive says the technology just needs to be "turned on" and used.

Published in Local News
JEFFERSON CITY, Mo. (AP) — Missouri Auditor Tom Schweich is questioning millions of dollars of welfare payments made to low-income residents.

Schweich released an annual audit Tuesday examining Missouri's use of $12.7 billion of federal funds during the 2012 budget. He raised concerns about $68 million of expenses, mainly through programs run by the Department of Social Services.

As he has in the past, Schweich questioned whether some of Missouri's payments under the Temporary Assistance for Needy Families program were allowed under federal law. The department has said that they are.

Among other things, the audit also cited improper payments to some child care providers and noted that the state failed to perform annual eligibility verifications for some senior and elderly residents receiving home-based services.
Published in Local News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next
Man charged in connection to mother's murder

Man charged in connection to mother's murder

St. Louis, MO (KTRS) - A St. Louis man is facing first-degree murder charges in his mother's death.   Prosecutors allege that Courtney Cunningham allegedly shot his...

Missouri lawmakers mull change to helmet law

Missouri lawmakers mull change to helmet law

JEFFERSON CITY, Mo. (AP) - The Missouri House has endorsed a bill that would allow motorcyclists over the age of 21 to forgo wearing helmets while travelling on the road. &n...

House approves change to Missouri primary dates

House approves change to Missouri primary dates

JEFFERSON CITY, Mo. (AP) - The Missouri House gave initial approval to legislation that would move the state's primary elections to June.   Party primaries for Cong...

One dead after shooting in Washington Park, Illinois

WASHINGTON PARK, Ill. (AP) - Illinois State Police are helping investigate a suspected drive-by shooting death of a 19-year-old man in southwestern Illinois' Washington Park. ...

Three gyms robbed within minutes of one another

St. Louis, MO (KTRS) - A spate of break-ins targeted south city gyms this morning.   Fox2 reports thieves hit at least three different gyms in less than a half an h...

UPDATE: Missing Belleville boy found safe

UPDATE: Missing Belleville boy found safe

St. Louis, MO (KTRS) - UPDATE: Good news for a Belleville father, his 11-year-old son has been found safe.   A SARAA Alert was issued Wednesday morning for DeA...

Universities examine bans of 'selfies' at graduations

St. Louis, MO (KTRS) - It may be coming to a college near you.......with graduation season upon us, bans on selfies are being suggested.   Two universities are the ...

© 2013 KTRS All Rights Reserved