Comments on: Ecommerce Industry Braces for Change – Online Transaction Made Difficult [More Secure]

By: jueseoos aoodd

jueseoos aoodd — Sat, 26 Jun 2010 18:02:41 +0000

http://www.gogolingo.com/blog/?p=3

By: va streamline refinance program

va streamline refinance program — Mon, 12 Apr 2010 11:25:26 +0000

Which transactions on the time and sales display is a buy or a sale?

By: ramesh

ramesh — Fri, 29 Jan 2010 10:44:34 +0000

Online Access Control India Website eliminate the risk of phishing completely:

Online Access Control

How does a portal / website secure online access for its registered users?

How does a portal / website eliminate the risk of phishing completely?
By integrating Blue ID 2

Blue ID 2 provides a portal a mechanism to allow the customers to use the Phone as an Authentication device. With the risk of phishing and identity theft removed, access is made safe, easy and a mass market phenomenon.

For editorial queries: Ramesh A, Verity Technologies Pvt. Ltd., Email: ramesh@veritytech.com, Phone: +91 80 25251500

By: Payment Security Expert

Payment Security Expert — Wed, 22 Jul 2009 08:48:32 +0000

RBI never sponsored or stated specific systems such as Verified by Visa or Mastercard UCAF/SPA in its directive.

Before, the entire banking industry in India goes on this bandwagon, it is best to simply learn about the experience of cardholders and online merchants as it concerns these two systems. Just google ” verified by visa 2009 ” or go to this link : http://www.boingboing.net/2009/03/28/verified-by-visa-bri.html.

VBV or UCAF/SPA static passwords can be easily phished. Once phished and used by fraudsters, it then makes it very difficult (not impossible) for the legitimate cardholder to dispute a fraudulent online payment made with his VBV or UCAF/SPA credentials.

On the other hand, fraudsters can easily collaborate and share each other’s VBV or UCAF/SPA credentials and then dispute the charges with the issuing banks. The issuing Banks can never prove that the cardholder’s static VBV or UCAF/SPA’s credentials were not phished or compromised.

It surprises me that India, the world’s technical resource, would copy the errors made by the Banks elsewhere in the world that tried introducing VBV or UCAF/SPA. It is relatively simple for anyone to do a google search on Verified by VISA and realize that it has not been successful in other parts of the world. At least banks in other parts of the world and online merchants were not mandated to implement these systems. Be wary of mandated systems. A good security system never needs to be mandated. (added by Mobile using Mippin)

By: Verity-Tech

Verity-Tech — Mon, 20 Jul 2009 10:08:30 +0000

India (Bangalore): Verity Technologies, a mobile applications company with focus on Authentication and Identity Management Services. Blue ID is an Identity and Authentication Management tool. Verity’s highly acclaimed Blue ID, a new generation technology that secures financial transactions.
Blue-ID card allows store purchase, online purchases, and mobile Authentication and Identity Management Services purchases and can provide the “instant verification” for consumers.

About Verity Technologies:
Verity Technologies is a mobile applications company which provides authentication services for financial and other transactions. Incorporated in 2000 as a telecom solutions company, Verity has built innovative communication products/applications that enable flow of data across platforms and devices. It aims to create disruptive changes in areas like financial transactions through an anonymous authentication and identity management service that for the first time uses the cell phone as the medium of connectivity rather than a consuming node. Verity is a India Co portfolio company, India Co is a publicly traded company, listed on the Bombay Stock exchange. For more details on Verity log on to http://www.veritytech.com

By: Tanmay

Tanmay — Mon, 13 Jul 2009 09:07:06 +0000

Why there is nothing mentioned on the citibank india site. No such news, no instructions NOTHING…..!!!

By: Pushpa Goal

Pushpa Goal — Mon, 13 Jul 2009 08:06:53 +0000

good blog post

By: AlgoZone

AlgoZone — Mon, 13 Jul 2009 02:18:40 +0000

I think it’s a good idea to have all these authentication and verification moved to a higher level if banks and card companies are also doing their jobs.

By: Shashi Shekhar Singh

Shashi Shekhar Singh — Fri, 10 Jul 2009 15:50:30 +0000

What happens if you are already using Verified by Visa or master Card Secure thingie..? Do you have to register again specifically with the bank..?

By: Pavan

Pavan — Fri, 10 Jul 2009 08:51:46 +0000

How will paypal accounts be affected by this? As payapal do a automated transaction on the card on your behalf.