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[News] Microsoft to Enter Banking?

Microsoft takes it to the bank

,----[ Quote ]
| Is the world ready for Microsoft Banking? Banks are traditionally
| very conservative with their software and hardware choices, and
| most still rely on expensive mainframes with multiple levels of
| failure protection. However, banks are also making a huge push
| to expand into other services, such as investment planning, and
| all these new services require new software. If they are
| successful, Microsoft will be laughing all the way to the, er, bank.
`----

http://arstechnica.com/journals/microsoft.ars/2006/11/14/5956

Security is one major issue, but my main concern is this:

Does Issuing Passports Make Microsoft a Country?

,----[ Quote ]
| ...One day, Expedia could start offering higher fares to customers
| who have more than a million dollars in their Investor stock
| portfolio. There's not really anything technically impossible about
| this, and it's probably legal, too...
|  
| ...The scary thing is that if you use Internet Explorer, Microsoft
| controls your web browser...
`----

http://www.joelonsoftware.com/articles/fog0000000047.html

This discusses Microsoft's excahnge (between sites) of cookies and profiling
of people.

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