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Technology Stocks : Smart Cards -- Ignore unavailable to you. Want to Upgrade?


To: Eric L who wrote (174)2/29/2000 10:16:00 AM
From: John F Beule  Read Replies (1) | Respond to of 343
 
Hi Eric, do you know the nuts and bolts players in this space, the people that Gemplus depend on? I'm looking at Fargo (which you talked about), and I follow INFX ( I'd like your opinion on that one)

Thanks in advance,

John



To: Eric L who wrote (174)2/29/2000 10:27:00 AM
From: Ausdauer  Read Replies (1) | Respond to of 343
 
Eric,

My wife has a savings account with SE Banken in Sweden. She is able to access the account and pay bills (such outstanding student loans, credit card debits,...) via Internet access in the US using a small PIN code device that looks like a small calculator. For any transaction that needs to be verified the bank first gives a random number to be entered into the device. The device spits out a second "random" number that is then entered by the user. If everything is done correctly the transaction is completed. This security is used in addition to the secured website.

It seems to be a great solution for PC based transactions where an added level of security is needed.

Ausdauer