Category Archives: Uncategorized

Nobuchika Mori, Commissioner of Japan’s Financial Service Agency, writing in the Financial Times in May 2017, called for a fundamental change in the way that regulators relate to financial services marketplaces. He says that… Regulators have made the global financial system more resilient by major regulatory reforms… But all this should not be the endContinue reading “A holistic approach to future-proofing the financial system”

xxx Kenya’s telecommunications giant Safaricom has announced its plan to expand its mobile money transfer services, M-Pesa, to other African countries after a successful transfer of its 35 percent stake to Vodacom, a South African subsidiary of UK’s telecommunications company Vodafone Group. From Kenyan Telecom Giant Safaricom Planning to Expand M-Pesa Services across Africa –Continue reading “Kenyan Telecom Giant Safaricom Planning to Expand M-Pesa Services across Africa – Face2face Africa”

Some years ago I wrote an article pointing out that NFC ought to be safer than QR codes because NFC included a standard for digitally-signing tags (although I did also note that no-one used it) whereas anyone could easily create bogus QR codes.vI said at the time that you could “imagine a situation in whichContinue reading “POST China’s SCA (PSD too!)”

xxx The UK’s largest cashless parking service, RingGo, purports to process more than 2 million parking sessions every month, and has been used by more than 6 million individual motorists. From ‘It’s the worst place to park in the world’ – why Britain is at war over parking | World news | The Guardian xxx

xxx Bank of America says it is working with multiple financial data aggregators to provide customers with the ability to connect data from their accounts to third-party financial management applications. The US bank is following in the footsteps of Chase, Wells Fargo and Capital One, each of which has enabled data exchange deals with theContinue reading “Bank of America preps data sharing service”

xxx FortyTwo Data refers to figures from WealthInsight, which predicts that global spending on AML compliance will hit £6.4bn billion this year. From Regtech could save banks £2.7bn on AML compliance | Global Trade Review (GTR) This sounds low to me.

xxx “The agent found that Justice had sent more than $21,000 in cash via FedEx to the woman he believed to be Chay. He also placed orders and paid for nearly $6,000 worth of items on Amazon.com, and had them sent to her home in Long Beach.” Defense contractor pleads guilty to giving secrets toContinue reading “Defense contractor pleads guilty to giving secrets to ‘Russian spy’”

In his Harvard speech, the Facebook guy Mark Zuckerberg said that How about modernizing democracy so everyone can vote online From Annotated: What Mark Zuckerberg’s Harvard speech really said I’m assuming he means on Facebook. Instead of having to walk a few hundred yards to the polling station around the corner, I’d be able toContinue reading “Annotated: What Mark Zuckerberg’s Harvard speech really said”

xxx “I literally couldn’t care less what consumers think about privacy. They have no idea what they are talking about.”  From Companies, not consumers, should take the lead on data privacy – Blog – MEF What a way to open a panel session about trust. But this is typical straight talking from the “ceaselessly entertainingContinue reading “Companies, not consumers, should take the lead on data privacy – Blog – MEF”

xxx Analysis carried out for UK Payment Markets 2017 forecasts that debit cards will become the most frequently used payment method in late 2018, three years earlier than previously predicted due in large part to the increasing popularity of contactless. From UK payments market: Contactless cards set to overtake cash in 2018 xxx