[2281] in cryptography@c2.net mail archive
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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Robert Hettinga (rah@shipwright.com), Philodox
e$, 44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
The e$ Home Page: http://www.shipwright.com/