Subject: GNU banking
From: Jean Camp <>
Date: Thu, 18 May 2000 11:58:01 -0500

is an open source implementation of SET.

In this case the values for the creators appear to be all the standard
(e.g. rep, brand, mindshare) yet in addition -- since banks make moeny from
the merchants which they bring into their network (in addition to the
customers of course..) the bank has an interest in risk management. SET
provides a better level of protection than SSL, ideally, by protecting the
credit car dnumber from the merchant. Merchant and merchant employee fraud
are the largest fraud flows through the credit card system.  So in this
case the value to the bank would be its own improved risk management were
this implementation to be widely adopted.  Is this a new FSB model?