3 expanded posts ยท every known parent and child
My pager delivers me selected miniaturized Reuters news stories. I just got one that reads: REDWOOD CITY, CA - Netscape Communications Corp. and Verifone Inc. will devise a system to make electronic payments on the internet more secure. Anyone know anything about this? I'm away from my normal sources of such things (like Bloomberg terminals)... .pm
On Mon Jan 22, 1996, Perry E. Metzger wrote: > REDWOOD CITY, CA - Netscape Communications Corp. and Verifone > Inc. will devise a system to make electronic payments on the internet > more secure. > > Anyone know anything about this? Reported in today's Wall Street Journal http://update.wsj.com/update/edit/w-netsca.html Basically Verifone's credit card processing technology (credit card verification) will be bundled with Netscape's Commerce server. Netscape also announced that the software will use new encryption technology being developed by MasterCard and Visa. I don't know what this quote means: That technology would break sensitive information like credit-card data into 1,024 bits of information, instead of the 128 bits used currently, theoretically making it much more difficult to steal. Howard
On Mon, 22 Jan 1996, Perry E. Metzger wrote: > > REDWOOD CITY, CA - Netscape Communications Corp. and Verifone > Inc. will devise a system to make electronic payments on the internet > more secure. > > Anyone know anything about this? I'm away from my normal sources of > such things (like Bloomberg terminals)... The first I heard of this was when John Young posted the cite this morning <sigh>. Maybe he can find out which cubicle they're going to be moving me to :-/ The full text of the press release is available at http://www.eit.com/people/announcements/012296.html