FTC Town Hall Meeting on RFID and Contactless Payments Today At UW!

The Federal Trade Commission (FTC) and the University of Washington’s Law school are co-hosting a Town Hall meeting today at UW’s Law building. The event is titled “Pay on the Go: Consumers and Contactless Payment” and features a series of panel discussions which will include representatives from government, banking, credit card companies, RFID industry consortiums, organizations for consumer rights and privacy as well as technical experts from industry and academia. The goal of the meeting is to “examine the increasing prevalence of contactless payment devices in everyday consumer transactions, including credit card purchases and public transit use; consumer awareness and education initiatives regarding these developments; security and privacy threats and proposed solutions; and emerging technologies and practices that may shape the contactless payment marketplace over the coming years.”
A few notable participants include Prof. Kevin Fu from the University of Massachusetts, Amherst and our very own Prof. Tadayoshi Kohno and Prof. William Covington. Should be a fascinating discussion, watch the streaming video of the Pay on the Go Town Hall Meeting here!
Comment by Elena Montes
May 16, 2009 @ 9:43 pm
RFID is no doubt an effective means to make payment on the go. However the use of RFID also increases the risk of hacking and cracking of codes to steal away our hard earned money. I am of the view that it should not be used as a means of contact less payment but is definitely a good idea to use it for public transport