JBS> Does anyone who's worked in the payment processing industry have a
sense
JBS> of how often the presence of a signature is actually used to prove (or
JBS> disprove) anything? I'd sort of assumed that these days it's just
security
JBS> heater.

This report seems to indicate that they think it's security theatre.

http://www.npr.org/blogs/money/2014/09/08/345820789/why-do-we-sign-for-things-a-rabbi-a-lawyer-and-a-mastercard-exec-explain

On Mon, Feb 2, 2015 at 3:32 PM, Josh Smift <iril...@infersys.com> wrote:

> I imagine that the signature was originally for non-repudiation: If you go
> to a store and say "hey I didn't buy that", and they say "well, here's a
> receipt with your signature on it", that makes it a lot harder for you to
> prove that you didn't.
>
> Does anyone who's worked in the payment processing industry have a sense
> of how often the presence of a signature is actually used to prove (or
> disprove) anything? I'd sort of assumed that these days it's just security
> theater.
>
>                                       -Josh (iril...@infersys.com)
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