6th CACR Information Security Workshop
1st Annual Privacy and Security Workshop

Speaker
Jo Ann DeLaurentiis, Mondex Canada

Title
Privacy Protection Made Simple - How technology design can help you meet your commitment to privacy in the marketplace.

Abstract
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 e-cash.

Speaker Bio
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 world.

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 operations.

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.