Some recent AOL stuff for those who have expressed an interest::
Subj: Re: The Holy Grail
Date: Wed, 5 Mar 1997 23:54:55 EST
From: Jenny62865
Message-ID: <19970306045500.XAA29510@ladder01.news.aol.com>
I am suprised that nobody has picked up on the sigificance of the Oracle
announcement yesterday that Release 8 was in the final stages of Beta testing
in 170+ test sites in 30+ countries. I think this means that they better get
the last version of Release 7 out (with the Advanced Networking Option) to
make way for Release 8!
Let's hopr so!
Subj: Re: DJ Snapshot
Date: Thu, 6 Mar 1997 11:41:57 EST
From: FlyingT
Message-ID: <19970306164101.LAA17339@ladder01.news.aol.com>
Who cares about the DJ snapshot------IDX hasnt really followed the DJ .. It
does seem as though it is right at its 200 day and 50 day moving averages,
both of which are important technical indicators. We shall not stay at 10 to
10 1/4 very long. Its either gonna drop down through the averages or start
to rise again. Next week shall be interesting......
Porsche770
Subj: Re: Mondex website.
Date: Thu, 6 Mar 1997 23:24:29 EST
From: PORSCHE770
Message-ID: <19970307042400.XAA23377@ladder01.news.aol.com>
Here are excerpts from the Mondex website......Pay close attention, this is
BIG.......
MasterCard International is currently in the process of purchasing
controlling stock (51%) of Mondex International. MasterCard seems to be
shifting it's Electronic Commerce division from it's "MasterCash" program to
implementing Mondex, eventually worldwide.
Bell Canada will be installing at least 1,000 new Mondex - compatable
telephones in Guelph beginning in the new year(1997). Bell will also be
adapting home and business phones to the Mondex system so that cash can be
transferred from your bank account to your card, or person-to person
transactions can be made. Since banks are one of the primary consumers of
telecommunications already. it is certainly in the interest of the major
telephone
carriers to pursue the Mondex/MasterCard system for a full roll-out in North
America.
A company called Verifone is creating an adaptable point of sale
payment system thet incorporates biometric identification (digital
fingerprinting) and credit card type tranaction. The company that made this
particular "swipe and press" fingerscanning system is called Identix, and it
has an agreement with Verifone to develope the system for the use
inelectronic commerce. Identix is currently the only company with FBI
approval(now DBII
also) for fingerprint technology. (DBII has no application for this
technology however). Verifone has agreements with Mondex and MasterCard to
design the applications and point of sale technology for use over the phone.
Verifone is working with Oracle, the leading database development company;
Oracle is a company whose databases contain more than half of the world's
known information. Verifone also has an agreement with Microsoft for internet
e-commerce development including biometric identification, and corporate
intranet systems. It is the goal of all of these corporations to seamlessly
integrate databases, biometric information on individuals and finance, and
international telecommunications. The competition for global standards is so
concentrated that the system has an inevitable tendancy to centralize.
Closer to home. the Royal Bank is also the primary bank involved in
fingerscanning (remember Royal bank has a number of IDX shares) Toronto
welfare recipiants. The law passed in june, and as of September "96",
recipiants have been strongly encouraged to register their fingerscan. It
won't be a mandatory system until it is implemented in surrounding counties,
but the current length of red tape ensures it is extremely difficult to avoid
registering. In it's shareholders report, the Royal Bank describes a near
future where all of it's customers have the "security'' of biometric-
authenticated transactions.
Take that to the Bank,
Porsche770
,
Subj: Re: Mondex website.
Date: Fri, 7 Mar 1997 19:34:39 EST
From: Hi C 5
Message-ID: <19970308003400.TAA11542@ladder01.news.aol.com>
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Sam |
