re: Financial Stnadards Work group?
X9.59 is a financial industry standard for all account-based electronic
In the AADS strawman chip scenerio for X9.59 ... whether debit, credit,
prepaid, etc. , the chip would sign a X9.59 transaction and work identical
whether it was at person's PC or at point-of-sale (it works the same
whether any ietf internet infrastructure is involved or existing financial
Such an AADS strawman chip scenerio for X9.59 would work the same
regardless of internet, no-internet, point-of-sale, debit, credit,
pre-paid, bank, subscriber, isp. (the AADS strawman chip scenerio also
works the same for non-X9.59 AADS scenerios like AADS radius, ISP
authenticated access, webserver authenticated access, VPN authentication
There are some issues for the AADS strawman chip scnerio for X9.59, like
contact or contactless. Contact would be standard existing chipcard
standard and would be useable in existing chipcard contact readers. The
contactless standards are less well accepted ... but establishing a
contactless accepted standard would free up the AADS strawman chip to
become form-factor agnostic (i.e. an AADS strawman chip could imbedded into
almost any shape and be able to operate).
The AADS chip strawman scenerio for X9.59 not only proposes that it is the
same regardless of whether it is Internet or non-internet, but also whether
it is credit, debit, pre-paid, authenticated access, existing financial
infrastructure, point-of-sale, who the bank is, face-to-face physical, who
the service provider is, as well as what country that it might operate in
At 08:06 AM 5/16/2000 +0300, Musandu wrote:
I do not quiet agree with the current standards, they are a pain in the
neck. E.g ( Just one example ) I want the internet debit card and the
devices for charging them to be standard hardware available in any computer
store. This will allow one to chose any bank or service provider ( instead
of your money going proprietory ): imagine buying a new modem or router
every time you change ISPs or buying different kinds of printers for
printing from different web sites. That is the position of debit card
recharging buying a new device each time you change the service provider.
The IETF can help or do you hold alternative views ( give me some
recharging devices that allow change overs )??
At 10:28 14/05/00 -0700, you wrote:
>Musandu <musandu(_at_)arcc(_dot_)or(_dot_)ke> writes:
> >It may just be time for the IETF to develop a financial standards
> >work group separate from the applications work group. I can even >forsee
>a Simple Cash Transfer Protocol? any objections?
>There is an ANSI Financial Standards body (X9) which is also chair of the
>ISO Financial Standards group.
>The electronic commerce payments working group (X9A10) has a draft standard
>for all electronic retail payments (debit, credit, pre-paid, electronic
>cash, etc) .. X9.59.
>& of course my rfc index is also at:
>as well as ietf, payments, security, X9F, and financial glossaries
>Anne & Lynn Wheeler lynn(_at_)adcomsys(_dot_)net,
> http://www.garlic.com/~lynn/ http://www.adcomsys.net/lynn/
Anne & Lynn Wheeler lynn(_at_)adcomsys(_dot_)net,