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Given my UAE bank has over the years managed to screw up every single service it offers, from failing to make transfers through to issuing cards, from honouring cheques through to failing to call me before blocking Visa transactions and so on through a litany of incompetence and befuddling idiocy, the very idea of integrating such a bunch of hooning nitwits with my biometric identity chills me to the marrow.
And while it may sound attractive to pool a range of services into a single smart card, the practicality of it all is that the more things you load onto a single transactional device, the more shocking the consequence of that device's failure are. It's a little like passwords - we're constantly told by security experts that we shouldn't have a single password for every service we use. Similarly, a single card with multiple functions is inherently less secure and more prone to visits from Mr Cockup.
Added to that, the ID card now requires renewal every two years, which would mean that you forsake access to your bank account for the period between expiry and renewal. And - as we all full well know - when you for some reason fall off the rails and become an exception to the system for some reason, you could well find yourself bereft not only of identity but funds as well.
This whole integration thing comes hot on the heels of the recent ATM outage in the UAE, where customers from at least two banks found themselves unable to withdraw money from ATMs but - in many cases - found their accounts debited by the amount of the failed withdrawals.
The executive quoted by GN apparently "Admitted that there could be certain issues". You can sing that, buddy...