BofA risks reputational capital with fees

Bank of America risks reputational capital with debit card fees

Do such moves herald a new class of services to justify fees?

HTML 5 and Switched GigE Pathways

Inflection Point

HTML 5 provides for survivable disconnect which implies a level of local repository, close caching, pre-loading and edge device independence. Amazon seized the opportunity for leadership in User Experience with their new Fire. Will Amazon allow access its channel to be the new currency that compensates card issuers as risk bearers of payments before other portals reinvent their economic models and catch up?

Certifying Cloud Safety

As we get closer to an Internet of Things, will Cloud architecture need to go through a radical change to securely and safely handle IP-connected control systems? Will IP over GigE need to be augmented or replaced by new trust frameworks & protocols? Will the cyber insurance industry study mandates to justify progress?

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.

Where EFT payments are direct-switched

Consulting Services Summary

We know that our solutions are constantly measured for effectiveness and impact. We are responsible for sharing observations, learnings and objective metrics with each client.

Services we may deliver to clients are:

• providing qualified recommendations and direction for (OOBA and Tokenized) authentication factors
• design and implementation of privacy frameworks (payment & sales data)
• design and implementation of secure-by-design network architecture

Mr. Jobs always looked to the next project