Re: Credit-card payments on the Web - Stuck in its 1998 form

On 5 October 2013 08:10, Anders Rundgren <anders.rundgren.net@gmail.com>wrote:

> Credit-card payments on the web haven't taken a single security-related
> step forward
> since 1998 when 3D secure was conceived.
>
> How come?  There's no suitable web technology available for this purpose
> and
> banks do not build browsers.  In addition, banks do not contribute to
> standardization
> in open forums or to open source projects.
>
> Can W3C do something here?  I don't think because there is too much tension
> regarding payments.  What is (at least theoretically...) possible is
> creating neutral
> web technology allowing banks to build their own payment systems.
>
> What's completely missing are requirements.  However, AFAIK you are not
> allowed
> to mention possible requirements in public forums if you are working for a
> major
> US tech company due to IPR and product considerations.
>
> How are you supposed to break the ice?
>

2013 Amsterdam. Tony Gallippi, BitPay [video] ‘Credit cards were never
designed for the internet. Bitcoin is the solution’

http://www.youtube.com/watch?v=xErcjeDhTdQ


>
> Anders
>
>