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« July 7, 2002 - July 13, 2002 | Main | July 21, 2002 - July 27, 2002 »

July 20, 2002

Internet.com: Smart card technology making corporate inroads

A profile of Sun's JavaBadge program and other enterprise smart card initiatives.

July 19, 2002

Opinion: Liberty Alliance and

"Carol Coye Benson" of "Glenbrook Partners" had a bit too much "federation" reading through the Liberty Alliance specifications earlier this week.

First Data Corp. acquires PayPoint

First Data Corp. announced today that it is acquiring PayPoint from BP.
"This transaction underscores a strong and strategic commitment First Data has made to meeting the future payment needs of merchants in growth segments such as petroleum, supermarket and QSR," said Scott Betts, president of First Data Merchant Services. "Our first priority is to ensure new benefits and continued quality service for PayPoint clients, and to complete the BP implementation. Both First Data and PayPoint clients will benefit from the combined strength of First Data and PayPoint. It will enable us to deliver market- specific payment-processing solutions to more merchants. That includes capitalizing on First Data's ongoing success in penetrating the PIN-based debit market," Betts added.

July 18, 2002

BBC: Cambridge opens AutoID center

Another AutoID demonstration center focusing on showcasing applications for "smart" RFID tags is opening at the University of Cambridge in the UK. It is similar to another center at MIT.

TheDeal.com: Benchmark loses Juniper Financial lawsuit

Benchmark Capital lost the lawsuit it filed in Delaware Chancery Court last week against one of its portfolio companies, Juniper Financial.

Glenbrook Partners supports Identity Venture Capital Working Group

Glenbrook Partners is supporting a new identity-focused venture capital working group announced today by Digital ID World.
Digital ID World today announced the formation of the industry's first venture capital working group to focus on opportunities within the emerging digital identity industry. Participants include Brad Feld of Mobius Venture Capital, Walter Knapp of Novell Technology Capital, Dave Chen of OVP Venture Partners, Gus Tai of Trinity Ventures, Rick Patch of Sequel Partners, Alex Tosheff of St. Paul Venture Capital and Shawn Luetchens of Saffron Hill Ventures. The group is supported by Allen Weinberg of Glenbrook Partners, a consultancy focused on identity, and by Digital ID World, the premier source for digital identity news, views and the presenter of the Digital ID World Conference.

July 16, 2002

Amazon introduces web services

Amazon has introduced a set of web services which developers can use to add Amazon content to their web sites.

July 15, 2002

Economist: Be my PayPal

The Economist reports on the eBay/PayPal deal.
The real surprise is that it took so long. For months, rumours had been circulating on Wall Street that eBay, the leading online-auction service, would buy PayPal, the dominant provider of Internet payments. When the takeover was finally announced on July 8th the terms, too, were much as expected.
The article also contains a rumor about Google potentially being acquired by Yahoo.

CNET News.com: U.S. government plans online ID gateway

CNET is reporting that the "federal government is working on a plan that would require citizens and business to pass through one central online gateway when they need to get their identities certified with the federal government."

Liberty Alliance: 1.0 specifications available

At today's Burton Group Catalyst Conference in San Francisco, the Liberty Alliance announced and released version 1.0 of its specification for simplified user sign-on. A flock of vendors have announced their plans to support it. Sun announced it will be making a complete announcement tomorrow. Separately, the Alliance announced 26 new members joining the organization. Phil Becker, editor of "Digital Identity World", shares his perspective on the announcements.
But Liberty's biggest achievement with the Phase 1 specification is likely to be the softening of the market for federated identity. The language of the specification talks of multi-level authentication of users --- i.e., the ability to authenticate Johnny's bank transaction at a different level than Sally's Amazon purchase. This language is an extension of a core concept of the Phase 1 specification. It allows separate silos of identity to be linked, so that, while Silo B can determine the strength of authentication Silo A used, Silo B cannot at any time learn the data associated with the identity in Silo A.
Peter Drayton shares some of his thoughts about the specifications.

WSJ: The Cordless Consumer

Jay Krall reports on wireless shopping in this morning's ecommerce special section.

NY Times: Online bets are becoming harder to collect

Matt Richtel writes about the inquiry by the New York attorney general's office into the use of PayPal's service for gambling.
Mr. Sinclair said that during the last year he received virtually no business plans for new online casinos but more than 100 business plans from people looking to find a way around the payment problem. "The opportunity to create the better payment mousetrap is just huge," he said.

NY Times: E-tailers wary of credit card fraud

Bob Tedeschi writes about how online retailers are dealing with increasing credit card fraud by scaling back international operations.
Mr. Rusick said the company did not accept credit cards on overseas orders because foreign credit card issuers do not have address verification systems. "So we can't verify that, yes, indeed, the person making the order matches the information the bank has on them," he said.

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