NSTIC and EMV Should Merge

Philip Andreae, AMEX's Global EMV product manager, recently blogged:

• "The next step is to merge the identity sought by everyone and easily relegated to the Banks to manage. Facebook and GMail offer an option if their KYC can be improved. With face to face meeting it is possible to truly prove identity, requiring a branch network.
• Transaction processing is legacy in the developed world while the emerging economies offer an opportunity to build new. Existing standards and processes need to be respected as they transform to absorb the new information attachments and Internet offers we now need to cope with. 
• The Wallet forms the basic unit to create a trusted network employing smart cards, trusted computing, persistent computing and inteligence to enable the consumer experience. 
• Privacy and integrity of that trust is essential to the system 
• The individual is key 
• Respect rights and obligations"

Switched GigE infrastructure (and mobile broadband) as trusted pathways among Identity Providers, Relying Parties and Transactors can and should support payment and digital delivery processes. Learn how to deploy this underperforming national asset by calling us at 312-346-9400.