Tuesday, November 06, 2012

National Framework to authenticate online transactions


LAST Saturday's report
about Standard Chartered Bank's innovative ATM card
that doubles as a security token
("ATM card doubles as a security token")
reminds me of the messy arrangements
to authenticate a person for online transactions.
 
The high cost will ultimately have to be borne by the public and consumers.
 
Now is the time to set up a national framework to authenticate a person.
 

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