-----BEGIN PGP SIGNED MESSAGE----- The Digital Commerce Society of Boston Presents Frank Jaffe, of The Bank of Boston and The Financial Services Technology Consortium (FSTC) "The FSTC Electronic Check Project" Tuesday, June 4, 1996 12 - 2 PM The Downtown Harvard Club of Boston One Federal Street, Boston, MA Frank Jaffe is a Senior Systems Consultant in the Applied Technology Group at the Bank of Boston. Frank is currently the project manager for the FSTC Electronic Check project which involves over 30 companies. Frank has played a leadership role in planning the amalgamation of Bank of Boston's five major retail computer systems into a single, common software system; acting as project leader for a new teller system, and leading the screen phone R&D project in cooperation with Northern Telecom and Bellcore. The FSTC Electronic Check project will develop an enhanced all-electronic replacement to the paper check. Electronic checks will be used like paper checks, by businesses and consumers, and will use existing inter-bank clearing systems. Like its paper counterpart, the Electronic Check represents a self contained "information object," which has all of the information necessary to complete a payment. Likewise, paper checkbooks are replaced by portable Electronic Checkbooks; pens & signatures are replaced by signature card functions and digital signatures using advanced cryptographic techniques; stamps and envelopes by electronic mail or other communications options such as the World Wide Web over the Internet. The fully automated processing capabilities of Electronic Checks opens the possibility of other types of financial instruments, such as electronic cashiers, travelers, and certified checks. Electronic check writing and processing will be integrated into existing applications, from cash registers to personal checkbook managers to large corporate accounting systems, to greatly increase the convenience, and reduce the costs, of writing, accepting, and processing checks. This meeting of the Digital Commerce Society of Boston will be held on Tuesday, June 4, 1996 from 12pm - 2pm at the Downtown Branch of the Harvard Club of Boston, One Federal Street. The price for lunch is $27.50. This price includes lunch, room rental, and the speaker's lunch. ;-). The Harvard Club *does* have dress code: jackets and ties for men, and "appropriate business attire" for women. We need to receive a company check, or money order, (or if we *really* know you, a personal check) payable to "The Harvard Club of Boston", by Saturday, June 1, or you won't be on the list for lunch. Checks payable to anyone else but The Harvard Club of Boston will have to be sent back. Checks should be sent to Robert Hettinga, 44 Farquhar Street, Boston, Massachusetts, 02131. Again, they *must* be made payable to "The Harvard Club of Boston". If anyone has questions, or has a problem with these arrangements (We've had to work with glacial A/P departments more than once, for instance), please let us know via e-mail, and we'll see if we can work something out. Planned speakers for the following few months are: July Pete Loshin Author, "Electronic Commerce" August Duane Hewitt Idea Futures We are actively searching for future speakers. If you are in Boston on the first Tuesday of the month, and you would like to make a presentation to the Society, please send e-mail to the DCSB Program Commmittee, care of Robert Hettinga, rah@shipwright.com . For more information about the Digital Commerce Society of Boston, send "info dcsb" in the body of a message to majordomo@ai.mit.edu . If you want to subscribe to the DCSB e-mail list, send "subscribe dcsb" in the body of a message to majordomo@ai.mit.edu . Looking forward to seeing you there! Cheers, Robert Hettinga Moderator, The Digital Commerce Society of Boston -----BEGIN PGP SIGNATURE----- Version: 2.6.2 iQCVAwUBMZnOlvgyLN8bw6ZVAQEm8gP/deJ/J0ncmiUTJo82jeGMRp38q+8u+/LH zUZ3dgOCXFM9Nldni/EM0nKiRAgPJTqlcGkrE6Q44s2+ZSPtTiop2Tbx+3xoCW9t zTeKoLoTLgcS7LYS1b/VpcJqN9+q7gGxqmyAd88yZei+i4ZHw6kUGB6MyeHMPq+t CSrEOkkikXE= =SWUd -----END PGP SIGNATURE----- ----------------- Robert Hettinga (rah@shipwright.com) e$, 44 Farquhar Street, Boston, MA 02131 USA "If they could 'just pass a few more laws', we would all be criminals." --Vinnie Moscaritolo The e$ Home Page: http://www.vmeng.com/rah/