Re: [Opensc-devel] SE (Security Element) dropped in new Nexus 7

[Anders R. <and...@te...>]

On 2013-08-12 07:15, Andreas Jellinghaus wrote:
> 
> Am 09.08.2013 17:34 schrieb "Anders Rundgren" <and...@te... <mailto:and...@te...>>:
> ...
>>
>> Anyway, I believe 3D Secure actually will be reborn!
>>
>> ------
>>
>> As you probably know the big credit card networks already back in 1999 launched a "Web Payment" scheme called 3D Secure.
>>
>> Nowadays it is known as VbV (Verified by VISA) and SecureCode (MasterCard's variant).
> 
> At least my german bank implements this with a huge liability shift towards the customer. Thus i refuse to buy with any VbV enabled merchant.
> 

Interesting and pretty weird.

Anyway, the basic principle (using your bank/issuer as a federated party in
the transaction), has been "cloned" any number of times over the world.

What I hope to bring is a programmable framework based on an enhanced WebCrypto
scheme so that we some day may actually retire the mag-strip and userid/password
(printed in clear text..) from credit cards.  EMV-cards are due to the latter as
susceptible to skimming as the non-chip cards and that sux, doesn't it?

It is clear that the card industry, the financial institutions and Microsoft
can continue for another 15 year on the Internet without succeeding!

Anders