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xxx The personal ID feature will be part of iOS15, the next version of Apple’s mobile operating system planned for the fall, Apple vice president Jennifer Bailey said Monday at the opening of Apple’s 2021 Worldwide Developers Conference. From Apple to add digital ID storage to Wallet app | PaymentsSource | American Banker: xxx

xxx Detecting fraudulent transactions in a large dataset poses a problem because they are a minority class. For example, there may only be 1,000 cases of fraud in every million transactions, representing a minute fraction (0.1%) of the full dataset. In data science, these imbalanced datasets can be very difficult to analyse, because machine learningContinue reading “Imbalanced data and credit card fraud | by Hazy | Medium”

xxx Neville Maskelyne was a British music hall magician who had already undertaken some telegraph experiments. He was keen to see whether Marconi’s system was truly as groundbreaking as he claimed. The Eastern Telegraph Company’s tasked Maskelyne, to set about the business of breaking into the secure communications. He started his task by building aContinue reading “Hacking at the Royal Institution | The Royal Institution: Science Lives Here”

xxx Neville Maskelyne was a British music hall magician who had already undertaken some telegraph experiments. He was keen to see whether Marconi’s system was truly as groundbreaking as he claimed. The Eastern Telegraph Company’s tasked Maskelyne, to set about the business of breaking into the secure communications. He started his task by building aContinue reading “Hacking at the Royal Institution | The Royal Institution: Science Lives Here”

The hack of 1903 Neville Maskelyne was a British music hall magician who had already undertaken some telegraph experiments. He was keen to see whether Marconi’s system was truly as groundbreaking as he claimed. The Eastern Telegraph Company’s tasked Maskelyne, to set about the business of breaking into the secure communications. He started his taskContinue reading “Hacking at the Royal Institution | The Royal Institution: Science Lives Here”

xxx The financial crisis of 2008 led to the creation of a global panel of regulators, now called the Financial Stability Board. A similar outfit should be built for global digital assets, again made possible by digital IDs. This is based on an idea of data-sharing floated by Carlos Torres Vila, Chairman of BBVA. ThisContinue reading “POST The Trust Option”

xxx Apple counters, however, that while data such as location information is “claimed to be anonymous”, a whole industry of “obscure third-party data brokers” exist who can match this data with other information and figure out who the individuals are. From Apple takes on the internet: the Big Tech battle over privacy | Financial Times:Continue reading “Apple takes on the internet: the Big Tech battle over privacy | Financial Times”

The Document Checking Service (DCS) pilot enables private companies to authenticate British passports provided that, according to the UK Government, the checks are necessary to “prevent crime”. DCS checks submitted passport details against the HM Passport Office database and returns a simple ‘yes’ or ‘no’ response to say whether the passport is valid.

xxx Scotland already has its own currency it would have been possible to run a dual currency system for some time before independence. The Scottish government should have created a new Scottish Financial Authority to take over production of Scottish notes from the banks that would be re-registering in England, and provided incentives for peopleContinue reading “What Scotland Should Have Done (And Still Should Do)”

xxx the U.S. government sees digital identity as a back-burner issue. The United States needs to start treating identity as core to national securit From Digital Identity Is a National Security Issue – War on the Rocks. xxx xxx The federal government should create a Digital Identity Center to work with the private sector andContinue reading “Digital Identity Is a National Security Issue – War on the Rocks”