Anne & Lynn Wheeler <[EMAIL PROTECTED]> writes: > Another question ... are you saying that the complete transaction > goes via this new path ... or does the existing real-time iso 8583 > transaction have to be performed in addition to this new real-time > function have to also be performed (at least doubling the number and > overhead for real-time operations).
ref discussion of established, pre-existing trust relationships making using a trusted third party PKI CA trust establishment, redudnant and superfluous (aka in addition drastically inflated the processing overhead on a per transaction basis if it the requirement existed to re-establish all trust on a per transaction basis): http://www.garlic.com/~lynn/2005l.html#13 The Worth of Verisign's Brand one of the reasons that it is unlikely that the real transaction will go via the new path directly from the merchant to the consumer's financial institution (except in the "on-us" scenario where the same financial institution represents both the consumer and the merchant) is that the merchant financial institution has interest in real-time tracking of the merchant activities (aka the merchant financial institution is liable for what the merchant does, in much the same that the consumer financial institution is liable for consumer transactions). having the merchant substituted direct transaction with the consumer financial institution would cut the merchant financial institution out of the single round-trip, straight-through process path. this would be likely were the consumer financial institution to not only assume liability for the consumer but also for the merchant (as in the "on-us" transaction scenario). on going posts in this thread: http://www.garlic.com/~lynn/2005i.html#12 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005i.html#13 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005i.html#14 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005i.html#17 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005i.html#21 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005i.html#23 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005i.html#24 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005i.html#26 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005k.html#60 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005l.html#1 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005l.html#2 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005l.html#3 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005l.html#11 The Worth of Verisign's Brand http://www.garlic.com/~lynn/2005l.html#12 The Worth of Verisign's Brand -- Anne & Lynn Wheeler | http://www.garlic.com/~lynn/ _______________________________________________ mozilla-crypto mailing list [email protected] http://mail.mozilla.org/listinfo/mozilla-crypto
