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SUMMARY:The Anti-Bank: the privatized delivery of social grants using biom
 etric encrypted smart-cards in southern Africa - Keith Breckenridge\, Prof
 essor of History and Internet Studies\, University of KwaZulu-Natal\, Sout
 h Africa
DTSTART:20071204T161500Z
DTEND:20071204T171500Z
UID:TALK9367@talks.cam.ac.uk
CONTACT:Andrew Lewis
DESCRIPTION:The South African company Net1 / Aplitec has filled the space 
 left by the collapse of the HANIS smart card.   Currently some 13 million 
 people receive monthly grants using biometrically authenticated smart-card
 s.  Aplitec have also built up a system of point-of-sale\, microlending an
 d insurance products that deliberately challenge the EMV system.  The Apli
 tec encryption system uses a biometric key to encrypt card data -- it is s
 trictly proprietary\, and deliberately incompatible with the banking infra
 structure.  (Serge Belamont\, the spirit behind Aplitec\, designed the SAS
 WITCH interbank switch in the early 1980s). The company is listed on the N
 ASDAQ\, with a current market capitalization of about R10 billion.  All of
  its revenues are taken from the welfare system.
LOCATION:Lecture Theatre 2\, Computer Laboratory\, William Gates Building
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