BIG_dif (fwd)

[Charles Gimon]

Forwarded message:
> Date: Fri, 19 Jul 1996 12:59:14 GMT
> From: jya at pipeline.com (John Young)
> 
>    7-19-96. NYP: 
>  
>    "AT&T and Wells Fargo Investing in an Electronic Cash 
>    Card." 
>  

[etc.]

>       Because of these concerns, Mondex has been modified in 
>       the United States so that banks will be able to track 
>       card use. That will allow them to audit for fraud, if 
>       not recreate every transaction. Data from Mondex cards 
>       will be used for various product marketing. 
>  

In other words, they took a bad product and made it worse.