Date: Tue, 12 Dec 2000 19:11:34 -0500 From: R. A. Hettinga Subject: DCSB: Chuck Wade; ACH in Internet Payment The Digital Commerce Society of Boston Presents Chuck Wade, Senior Researcher, Internet Payments and Security, CommerceNet Legacy Electronic Payment Systems meet the Internet: Using ACH for Internet Payments Tuesday, January 2nd, 2000 12 - 2 PM The Downtown Harvard Club of Boston One Federal Street, Boston, MA Electronic payment systems have been around for more than a quarter century, but are characterized by a legacy of private networks and mainframe transaction processing systems. Recently, there have been a variety of new schemes proposed and even implemented to bring legacy epayment systems to the Internet. This is especially true of the Automated Clearing House (ACH) system, which is evolving rapidly to support new interfaces with Internet-based payment services. This talk will focus on some of the approaches being used to adapt the legacy ACH system to new Internet payment services, and will explore some of the positive and negative implications of these developments. Chuck Wade is a Senior Researcher for CommerceNet focusing on Internet payments and information security. Prior to joining CommerceNet, he was a Principal Consultant in the Information Security Group of BBN Technologies. At BBN, he led Electronic Commerce initiatives and client engagements, with most of his consulting work within the Financial Industry. As one of the original participants in the FSTC eCheck Project, Chuck has been involved with over-the-Internet electronic payments since the mid 1990's. He also contributed directly to the architecture, design, deployment and testing of various large, mission-critical networks, including the trading floor network for the New York and American Stock Exchanges. In a career spanning a quarter century, Chuck spent all of the '90s with BBN (now a part of Verizon) as a Consultant and Systems Architect. During most of the '80s, he worked at Motorola directing the Advanced Technology Group for the Codex division. He has also worked in the minicomputer industry and university research. He holds both Sc.B. and Sc.M. degrees from Brown University in Electrical Engineering. This meeting of the Digital Commerce Society of Boston will be held on Tuesday, January 2nd, 2000, from 12pm - 2pm at the Downtown Branch of the Harvard Club of Boston, on One Federal Street. The price for lunch is $35.00. This price includes lunch, room rental, A/V hardware if necessary, and the speakers' lunch. The Harvard Club has relaxed its dress code, which is now "business casual", meaning no sneakers or jeans. Fair warning: since we purchase these luncheons in advance, we will be unable to refund the price of your meal if the Club finds you in violation of what's left of its dress code. We need to receive a company check, or money order, (or, if we *really* know you, a personal check) payable to "The Harvard Club of Boston", by Saturday, December 30th, or you won't be on the list for lunch. Checks payable to anyone else but The Harvard Club of Boston will have to be sent back. Checks should be sent to Robert Hettinga, 44 Farquhar Street, Boston, Massachusetts, 02131. Again, they *must* be made payable to "The Harvard Club of Boston", in the amount of $35.00. Please include your e-mail address so that we can send you a confirmation If anyone has questions, or has a problem with these arrangements (We've had to work with glacial A/P departments more than once, for instance), please let us know via e-mail, and we'll see if we can work something out. Upcoming speakers for DCSB are: February 6 Ted Byfield Decentralized DNS Control March 6 Scott Moskowitz Watermarking and Bluespike As you can see, :-), we are actively searching for future speakers. If you are in Boston on the first Tuesday of the month, are a principal in digital commerce, and would like to make a presentation to the Society, please send e-mail to the DCSB Program Committee, care of Robert Hettinga, . R. A. Hettinga The Internet Bearer Underwriting Corporation 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To unsubscribe from this list, send a letter to: Majordomo@reservoir.com In the body of the message, write: unsubscribe dcsb-announce Or, to subscribe, write: subscribe dcsb-announce If you have questions, write to me at Owner-DCSB@reservoir.com