12-21-96: "In Encryption Politics, Some Good News for Bankers" "Everyone knows that DES is not enough," said Perry Metzger. This dispute places the banking and financial services community squarely in opposition to government intelligence agencies with which it has historically worked hand in hand on security matters. "The Feds won't realize export controls don't work even after the dried, strangled corpse of the U.S. security software industry is laid before the Congress," Mr. Metzger said. "They will leave the manacles on the corpse long after it is obvious that the body isn't going anywhere." "Central Banks' Task Force Sees No Need for Alarm" While the security architectures of most electronic money systems share many design features, a wide range of options is available to product developers in terms of specific chip-card security measures, cryptographic algorithms, key lengths, and transaction monitoring. "SPA Voices Concerns Over Clinton Encryption Policy" In a letter last week to Vice President Al Gore, SPA raised several concerns that the software industry has with the administration's interim rules on encryption policy. "NSA/ On The Costs of Anonymity" "How to Make a Mint: The Cryptography of Anonymous Electronic Cash" has been making the rounds of the electronic money community. It raises security and law enforcement concerns about anonymous systems designed like Digicash Inc.'s Ecash. ----- HIH_and (25 kb)