Tele-banks could identify caller

Victims of identity theft mat soon get another chance to save their cash. If the fraudster calls their bank to transfer money into their own account, bank officials would be able to know who is at the other end of the phone line simply by pressing a button that causes the phone to produce a series of clicks in the caller’s ear. A message would immediately alert the bank that the person is not who they are claiming to be, and the call will end. Such a safeguard could be in place if a new biometric technique designed to identify the person on the other side of the phone line proves to be successful.