Monday, August 31, 2015

Algorithms Are Terrible Bankers

No matter how many times (587 to be exact) I tell my bank that I have moved (because we are in the military a.k.a vagabonds and this is never going to change so get used to it) my credit card STILL gets declined!

Today, I spoke with a cards services representative and he told me that the real problem lies within the algorithms. "Your bank has almost no control over your card being declined. There exists an algorithm that tracts what countries or states commit the most credit card fraud and that data can change day by day or even hour to hour. The computer system then flags your card for suspicious activity and the bank immediately declines all further purchases until they hear from the consumer"

Computers are finally running our lives. If this is the case then shouldn't I at least get a jet-pack or something out of the deal? Machines take away my freedom of choice and humanity but in return I gain a jet-pack. I was promised jet-packs by the Jetsons. We have been lied to. An infinite series of zeros and ones controls my money and I don't even get any cool glasses like La Forge from Star Trek. Can I get a protocol droid like C-3P0? I would even settle for a cool beverage that is electric green, smokes and contains a live lizard. Seriously, you could buy me off with weird futuristic cocktails, I don't ask for much people! (I mean ROBOTIC OVERLORDS)

Somewhere in cyberspace lies the debris of declined purchases. Nothing can stand in the way of this mathematical juggernaut, the Algorithm.

No comments:

Post a Comment