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xxx A former American treasury secretary agrees. In 2016, while still in office, Jack Lew told an audience in Washington: “It is a mistake to think that [sanctions] are low-cost. And if they make the business environment too complicated, or unpredictable, or if they excessively interfere with the flow of funds worldwide, financial transactions mayContinue reading “Dethroning the dollar – America’s aggressive use of sanctions endangers the dollar’s reign | Briefing | The Economist”

xxx “Merchants and other companies receiving payments should not be able to retain facial image information. “Financial institutions should also enter agreements with merchants to prevent intermediaries from retaining biometric facial images. “Consumers should also be allowed to opt-in or decline facial recognition-enabled payments, where other payment options should be available to those who doContinue reading “China publishes face recognition payments guidelines • NFCW inc NFC World”