[47672] in Cypherpunks
NSC_lub
daemon@ATHENA.MIT.EDU (John Young)
Mon Jan 22 11:03:49 1996
From: John Young <jya@pipeline.com>
Date: Mon, 22 Jan 1996 10:51:01 -0500
To: cypherpunks@toad.com
1-22-96. W$J:
"VeriFone and Netscape Plan Software To Ease Internet
Credit-Card Payments."
They aim to simplify payments with software for both
banks and merchants. The bank software would allow banks
to use their existing computer systems to read and
process transactions. The merchant software would allow
merchants to buy just one software package to put up an
electronic storefront and payment system on the Web.
Netscape said the software will include a new encryption
technology that Visa and MasterCard are expected to
announce in two to three weeks. That technology would
break sensitive information into 1,024 bits instead of
the 128 bits used currently.
"AOL, Netscape Are Discussing An Alliance."
Netscape and America Online Inc. are in talks to forge
an alliance aimed at furthering their lead over the
on-line push by software giant Microsoft Corp. "If you
can't beat 'em, unguent 'em," Case-squirted an a-oiler.
NSC_lub
