This morning's opening session at Catalyst was great.
Jamie talked about a range of issues including the Inconvenient truths.
That stronger authentication by itself will not make us more secure. All Authentication is dependent on assurance that is a human process and is vulnerable to low tech attacks.

He highlighted the fact that identity management and particularly as it moves into the web is very much a social problem.

The fact that much of the Web 2.0 crowd was going towards simpler protocols was happening but also that these tools would not really work in the context of online banking....

Mashups and Banking just don't go together.