6th CACR Information Security Workshop
1st Annual Privacy and Security Workshop
Jo Ann DeLaurentiis, Mondex Canada
Privacy Protection Made Simple - How technology design can help you meet your
commitment to privacy in the marketplace.
Mondex electronic cash is emerging internationally as one of the
alternatives to physical cash. The large Canadian deposit-taking financial
institutions have been trialing the product over the last several years and
are confident that it will be one of the payment options Canadians will want
to carry in the not too-distant future. In choosing the ideal e-cash
product for the Canadian market, Mondex stood out as the best designed to
protect individual privacy. As the growth of Interac shows, Canadians love
new technology and are especially responsive to card solutions that bring
them convenience, market research also shows that Canadians are sensitive to
keeping financial information about themselves private. The unique technical
design features of Mondex e-cash ensure, for example, that the flow of
transaction data is strictly limited so that no "shopping preference
profile" can ever be developed as a result of a consumer using Mondex to
shop. Joanne De Laurentiis will discuss this and other features of Mondex
Ms. DeLaurentiis was appointed president of Mondex Canada Association in
January 1998. As Mondex Canada's first President, Ms. DeLaurentiis will drive
the acceptance of the Mondex electronic cash system in Canada and lead the
ongoing development of the Association.
Mondex electronic cash is a payment system based on smart card technology that
brings together the advantages of paying by cash with the convenience of
paying by card. The system is being introduced by major financial institutions
in conjunction with retailers and telecommunications companies around the
Mondex Canada's members include: Bank of Montreal, CIBC, Credit Union Central
of Canada, Le Mouvement des caisses Desjardins, HSBC Bank, National Bank of
Canada, Royal Bank, Scotiabank and TD/Canada Trust.
Mondex Canada is part of the Mondex program internationally with Mondex
electronic cash being developed in 50 countries around the world. Mondex
International, is owned by MasterCard International and 27 other major
companies in Canada, United States, Europe, Asia and Australia.
Before joining Mondex, Ms. DeLaurentiis was also the first President of Interac
Association, appointed to that position in June 1994. Interac oversees the
shared network of automated banking machine and direct payment services in
Canada. founded in 1984, Interac is a national organization linking banks,
trust companies, credit unions, caisses populaires and provincial institutions
to provide shared, electronic financial services.
From 1985 to 1994, Ms. DeLaurentiis was a Vice-President with the Canadian
Bankers Association (CBA), where she had responsibility for managing provincial
and public affairs and developing and communicating industry policy positions
on labour issues, consumer affairs, and lending to small business and farm
From 1978 to 1985, Ms. DeLaurentiis was Executive Assistant to the Honourable
Robert Elgie, a Minister in the Ontario Government, who held the portfolios of
Labour, Consumer and commercial Relations and Community and Social Services.
Ms. DeLaurentiis holds an MA in Political Science from the University of
Western Ontario and is a Director of the Ontario Casino Corporation/Ontario
Lottery Corporation, The Advanced Card Technology Association, and the Toronto
Board of Trade. She is a volunteer fundraiser for the Royal Ontario Museum,
Hospital for Sick Children. In recognition of her smar card expertise, she
was recently appointed Chair of the Ontario Government's External Advisory
Council on Smart Cards.
Ms. DeLaurentiis is married to Peter Johnson, a Toronto lawyer and they have two
children, Julia and Mark.