RE: [gnso-acc-sgb] Blended proposal

["Palmer Hamilton" <PalmerHamilton@xxxxxxxxxxx>]

First, MasterCard and Visa are run by banks.  The banks that issue the
cards will have access.  So, it does cover credit cards.  In other
words, it have the coverage you imply you would like.

Second, as far as cost, I would ask that you read the proposal.  When
you do, you will see that participation in the process would be
voluntary and that the regulators and the affected banks would not bear
this cost. Thus, it is unclear to me the basis of your statement that
the cost would be borne by the registrars and registrants?


-----Original Message-----
From: owner-gnso-acc-sgb@xxxxxxxxx [mailto:owner-gnso-acc-sgb@xxxxxxxxx]
On Behalf Of Ross Rader
Sent: Wednesday, May 30, 2007 8:26 AM
Cc: gnso-acc-sgb@xxxxxxxxx
Subject: Re: [gnso-acc-sgb] Blended proposal

Palmer Hamilton wrote:
> Milton,
> 
> PayPal does not hold a bank charter. 

Neither do Visa or Mastercard or many other high profile financial
brands that criminals are using for phishing. Earlier Palmer indicated
that if we have the opportunity to protect millions of consumers against
phishing, we should do so. I have strong doubts that giving a very
limited subset of financial institutions access to the mailing address
of the registrant will be of much use to anyone, and will come with a
large cost burden that will end up being borne by registrars and
registrants.

-ross