PayPal joins OpenID foundation board

The OpenID Foundation announced the addition of PayPal as a sustaining corporate member of the board. PayPal selected Andrew Nash, Sr. Director of Information Risk Management as their representative and joins the current board of seven community elected board members and five sustaining corporate members: Google, IBM, Microsoft, VeriSign and Yahoo!.

According to Andrew, PayPal decided to become a sustaining member of the Foundation for a few key reasons:

• Open standards-based user-centric identity is clearly becoming an increasingly important part of the evolving web infrastructure
• PayPal has significant experience and expertise with security, trust, reputation and retail transactions that can be directly relevant as OpenID expands into new market and application areas.