SAN JOSE, Calif. - (02/16/06) Microsoft Corp. Chairman BillGates showed off a tool he hopes will thwart hackers and othercybercriminals by replacing the ubiquitous password required to logon computer systems. Gates, during the keynote address at theannula RSA Computer Security Conference, acknowledged thecriticisms that Microsofts and other computer networks areto prone to invasion, and called on the industry to build atrust ecosystem. Its a very ambitiousgoal, but I think iot can be achieved, Gates told the 14,000techies gathered here. The computer guru highlighted a technologydubbed the InfoCard that Microsoft hopes will replace user namesand passwords for online security. Using InfoCards, people couldsave personal information on virtual cards on their computers. Eachcard would contain varying levels of information, and the personcould decide which card is best to use for each Web transaction.The Web site, in turn, would be configured to recognize InfoCarddata, which would be encrypted and secure while transmitted to thesite. The InfoCard also supports technologies such as smart cardsthat offer even more verification. The InfoCard will be used in thenext version of Microsofts operating system, called Vista,due out later this year.
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










