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Bill: "Digital Signature and Electronic Authorization Act"

daemon@ATHENA.MIT.EDU (Robert Hettinga)
Fri Mar 13 10:17:14 1998

Date: Fri, 13 Mar 1998 08:36:19 -0500
To: cryptography@c2.net, DIGSIG@LISTSERV.TEMPLE.EDU
From: Robert Hettinga <rah@shipwright.com>


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Date: Thu, 12 Mar 1998 23:07:25 -0500
To: Digital Commerce Society of Boston <dcsb@ai.mit.edu>
From: The Old Bear <oldbear@arctos.com>
Subject: Bill: "Digital Signature and Electronic Authorization Act"
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Reply-To: The Old Bear <oldbear@arctos.com>


As summarized in Edupage:

  BANKS BACK DIGITAL SIGNATURE LAW

  A group of banks and credit card companies has endorsed the
  Digital Signature and Electronic Authentication Law sponsored
  by Sen. Bob Bennett (R-Utah).

  The law would enable financial institutions to use new technologies
  in serving their customers.  "Authentication technology is
  critical to enabling two important Visa initiatives -- Internet
  payments and smart cards," says a senior VP for corporate risk
  management at Visa.

  More than 40 states either have or are considering electronic
  authentication legislation, but the federal bill would provide
  uniformity to these efforts and speed up the mainstreaming of
  electronic finance.

  source: TechWeb
          March 11, 1998





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experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
The e$ Home Page: http://www.shipwright.com/



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