From: Howard Melman <melman@osf.org>
Date: Mon, 22 Jan 96 11:55:40 PST
To: perry@piermont.com
Subject: Re: Netscape + Verifone
In-Reply-To: <199601221912.OAA07923@jekyll.piermont.com>
Message-ID: <9601221954.AA11984@absolut.osf.org.osf.org>
MIME-Version: 1.0
Content-Type: text/plain



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