Category Archives: Uncategorized

The new card fraud figures for the UK have just been released. Basically things can only get worse. Losses due to payment card fraud were £618.0 million, an increase of nine per cent from £567.5 million in 2015. From Financial fraud data for 2016 published : Financial Fraud Action UK Card spending only increased sixContinue reading “Financial fraud data for 2016 published : Financial Fraud Action UK”

xxx “Nets is using HCE technology from Japanese card issuer JCB as the foundation for the mobile payment system. The firm says Danish supermarkets are among the first merchants to accept Dankort mobile payments, via a Bluetooth acceptance device that sits next to their conventional payment terminals. “ Danish banks add Dankort payments to mobileContinue reading “Danish banks add Dankort payments to mobile wallets”

xxx “Whatsapp must allow security services to access users’ messages in the wake of the Westminster terror attack, Home Secretary Amber Rudd has demanded. Ms Rudd said it was ‘unacceptable’ that the security services were unable to see messages sent by terrorists.” Government must have power to spy on Whatsapp users’ messages, Home Secretary Amber RuddContinue reading “Government must have power to spy on Whatsapp users’ messages, Home Secretary Amber Rudd demands | The Independent”

If you been in a British Airways boarding queue recently, you’ll know how convenient it is to board using the QR code on your phone and how inconvenient it is to fumble around getting your passport out to show at the gate and how annoying it is to be in the line behind people whoContinue reading “CHYP Passport, boarding pass, face, Amex card, paperback”

xxx The EU needs to avoid any laws that allow people to pay for digital content with their personal information instead of money, the European Data Protection Supervisor warned. From Using Personal Information Like Money? Not So Fast, the EU Privacy Adviser Warns | Bloomberg BNA xxx

You can’t say that London isn’t a fintech powerhouse and epicentre of the revolution that is forging a new financial services industry in the white heat of old technology. Wait, what? “The UK is to roll out an image-based cheque clearing system in October that will slash processing times from six ‘weekdays’ to one day”Continue reading “UK visionaries drag us kicking and screaming into the 1770s”

xxx “A clear lesson from the early days of bitcoin is that regular users suck at managing private keys.” via Why Ethereum is great for payments – Medium They do indeed. And speaking as user, I don’t want to get better and managing private keys. I want someone else to do it, preferably someone whoContinue reading “Why Ethereum is great for payments – Medium”

xxx “A dashboard helps create separate card numbers and one-time-use numbers or merchant-specific ones. In this manner, a user can set up a ‘Netflix card or a Geico card’ that attends to payments for each of those relationships,” via For Credit Cards, Canceling The Need To Cancel | PYMNTS.com This is certainly an interesting propositionContinue reading “For Credit Cards, Canceling The Need To Cancel | PYMNTS.com”

xxx “Combined with state data on things like temperature, motion or chemical composition collected from sensors on equipment (aka the internet of things) blockchain could cost-effectively confirm everything that has ever happened to the food someone is about to eat.” via Blockchain For Supply Chain: Enormous Potential Down The Road That sounds appealing, but it’s notContinue reading “POST Food for thought on the blockchain”

xxx “Combined with state data on things like temperature, motion or chemical composition collected from sensors on equipment (aka the internet of things) blockchain could cost-effectively confirm everything that has ever happened to the food someone is about to eat.” via Blockchain For Supply Chain: Enormous Potential Down The Road xxx