UK Banks Expected To Move To DDA EMV Cards

2006-06-09 Thread Anne Lynn Wheeler
UK Banks Expected To Move To DDA EMV Cards http://www.epaynews.com/index.cgi?survey=ref=browsef=viewid=11497625028614136145block= ... from above ... Of the 6.2 billion card transactions in the UK each year, one in five occurs offline, which increases the risk of cloned cards being used

Re: EMV and Re: mother's maiden names...

2005-07-16 Thread Ed Gerck
Thanks for some private comments. What I posted is a short summary of a number of arguments. It's not an absolute position, or an expose' of the credit card industry. Rather, it's a wake- up call -- The time has come to really face the issues of information security seriously, without isolating

Re: EMV [was: Re: Why Blockbuster looks at your ID.]

2005-07-15 Thread Joseph Ashwood
- Original Message - From: Victor Duchovni [EMAIL PROTECTED] Subject: Re: EMV [was: Re: Why Blockbuster looks at your ID.] Whose loses do these numbers measure? - Issuer Bank? - Merchant? - Consumer? - Total? I'd say that you've fairly well hit the nail on the head. I've

Re: EMV and Re: mother's maiden names...

2005-07-15 Thread Ed Gerck
Well, the acceptable risk concept that appears in these two threads has been for a long time an euphemism for that business model that shifts the burden of fraud to the customer. The dirty little secret of the credit card industry is that they are very happy with 10% of credit card fraud, over

Re: EMV

2005-07-14 Thread Enzo Michelangeli
: Re: EMV ... the original introduction of HK octopus transit card used the sony flavor of iso 14443 with 10cm and transit requirements of transaction in 100ms. having it in the bottom of a bag and bringing the bag within 10cm of the reader does the trick. there was a transit meeting where

Re: EMV

2005-07-13 Thread Anne Lynn Wheeler
... the original introduction of HK octopus transit card used the sony flavor of iso 14443 with 10cm and transit requirements of transaction in 100ms. having it in the bottom of a bag and bringing the bag within 10cm of the reader does the trick. there was a transit meeting where the mondex

Re: EMV

2005-07-12 Thread Ben Laurie
Peter Fairbrother wrote: Florian Weimer wrote: * David Alexander Molnar: Actually, smart cards are here today. My local movie theatre in Berkeley, California is participating in a trial for MasterCard PayPass. There is a little antenna at the window; apparently you can just wave your card

RE: EMV

2005-07-12 Thread Gabriel Haythornthwaite
Fairbrother Cc: Florian Weimer; David Alexander Molnar; ? Schmidt; cryptography@metzdowd.com Subject: Re: EMV Peter Fairbrother wrote: Florian Weimer wrote: * David Alexander Molnar: Actually, smart cards are here today. My local movie theatre in Berkeley, California

Re: EMV

2005-07-11 Thread Perry E. Metzger
David Alexander Molnar [EMAIL PROTECTED] writes: On Sat, 9 Jul 2005, [UNKNOWN] Jörn Schmidt wrote: less attractive to commit credit card fraud. You are, however, not making it harder. That's why I believe the credit cards companies will indeed have a good, long look at smartcards. Probably

Re: EMV

2005-07-11 Thread Florian Weimer
* David Alexander Molnar: Actually, smart cards are here today. My local movie theatre in Berkeley, California is participating in a trial for MasterCard PayPass. There is a little antenna at the window; apparently you can just wave your card at the antena to pay for tickets. I haven't

Re: EMV [was: Re: Why Blockbuster looks at your ID.]

2005-07-11 Thread astiglic
On Sat, 9 Jul 2005, [UNKNOWN] Jörn Schmidt wrote: less attractive to commit credit card fraud. You are, however, not making it harder. That's why I believe the credit cards companies will indeed have a good, long look at smartcards. Probably not tomorrow or next week but in the near

Re: EMV

2005-07-11 Thread Peter Fairbrother
Florian Weimer wrote: * David Alexander Molnar: Actually, smart cards are here today. My local movie theatre in Berkeley, California is participating in a trial for MasterCard PayPass. There is a little antenna at the window; apparently you can just wave your card at the antena to pay for

EMV [was: Re: Why Blockbuster looks at your ID.]

2005-07-09 Thread astiglic
holds (probably because of the falling cost of the technology, so even if fraud $ is down as mentioned, ratio of fraud cost / cost of technology that is more secure still leads financial institutions to want to go to a more secure technology). Europe already has EMV, and Canada plans to have

Re: EMV [was: Re: Why Blockbuster looks at your ID.]

2005-07-09 Thread Victor Duchovni
On Fri, Jul 08, 2005 at 03:48:30PM -0400, [EMAIL PROTECTED] wrote: We're on the order of 4.7 cents on the $100. Interesting statistics. Seems like it's the same thing in Canada http://www.rcmp.ca/scams/ccandpc_e.htm Reported $227M in credit card fraud in 1999, droped at $200M in 2003.

Re: EMV [was: Re: Why Blockbuster looks at your ID.]

2005-07-09 Thread J
--- [EMAIL PROTECTED] wrote: [decline in credit card fraud] Interesting statistics. [...] But these are still considerable numbers, [...] I totally agree. And I would just like to make a quick point: the credit card companies (especially Visa/Mastercard) have been very agressive in fraud