Sarah Dinkins of the American Chronicle would have us believe, from her Jan 12 2007 article, that voice recognition credit cards have only just hit the technology frontline. But her article, based on information taken from New Scientist's initial uncovering, doesn't offer any new discoveries to the data NS reported back in 2004.

So, while we're all hearing this information regurgitated ad nauseum my question is "Will this card ever eventuate?"

Beepcard, the pioneers of this technology haven't been heard from in the three years that NS broke the story. In fact, they were quoted in this article as saying,

Los Angeles-based Beepcard, which makes the hardware-driven type, expects a major U.S. credit-card association to roll it out by the first quarter of 2006, says CEO Moshe Cohen.

If the technology is ready to go and banks are quoted as stating that;

Over-the-phone fraud already affects 12% of all banks offering e-payment services, according to the American Bankers Assn.

why has a credit-card association not picked this up and run with it yet?

12 months after Beepcard's prediction there is no visible sign on the financial horizon of this credit card. Has Beepcard not perfected the technology yet? Or, are we to believe that credit-card institutions are making more money than they need and 12% fraudulent activity is an acceptable level?