Telling Personal Stories via Bank Transaction History – Finovate

xxx All that info, and much more, is locked away in your credit/debit card transaction history. Just being able to search your transactions helps tremendously (thanks, Mint). But what if you had ready access to all the information on your receipt? From Telling Personal Stories via Bank Transaction History – Finovate xxx

Security standards being forgotten in IoT stampede, says expert | CRN

xxx An ethical hacker has urged firms to implement network access control (NAC) as he warned of the growing security threat posed by the Internet of Things (IoT). Speaking during a Q&A session for the upcoming CRN Security Summit, Ken Munro, founder of Pen Test Partners, claimed that security standards are being forgotten in theContinue reading “Security standards being forgotten in IoT stampede, says expert | CRN”

Bangladesh central bank governor quits over $81m heist | Inquirer News

xxx Bangladesh’s central bank chief resigned on Tuesday, the finance minister said, after hackers stole $81 million from the nation’s foreign reserves in an audacious cyber-heist that has hugely embarrassed the government. From Bangladesh central bank governor quits over $81m heist | Inquirer News xxx

Vocalink blog version

 //embedr.flickr.com/assets/client-code.js Gottfried Leibbrandt, the CEO of SWIFT, gives the keynote speech at the European Payment Summit 2016. I really like the annual European Payment Summit, which is why I’ve been going along to it for many years. It’s small scale, hype-free and attended by a lot of European payments practitioners that I respect. This yearContinue reading “Vocalink blog version”

China: banks lost USD 22 bln to Alibaba and Tencent businesses in 2015 | The Paypers

xxx his led to a USD 23 billion (CNY 150 billion) ‘loss’ in potential transaction fees for China’s banks and UnionPay in 2015 as overall consumer spend continued to shift from traditional card payments where banks are strong, to online payments, where they are weak. This number is projected to increase to USD 61 billionContinue reading “China: banks lost USD 22 bln to Alibaba and Tencent businesses in 2015 | The Paypers”

EPC | Newsletter – Article

xxx Blockchain: a short-lived illusion or a real game changer? Experts discuss if, and how, blockchain can revolutionise payments From EPC | Newsletter – Article I’m going to sound sound really mean now, and I don’t mean to offend, but I want to make a serious point: what is the point of articles like this?Continue reading “EPC | Newsletter – Article”

Big U.S. banks to take on tech rivals with instant payments | Reuters

xxx Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone. The idea has been in the works for at least five years, and in the meantime, Silicon Valley has made incursions into theContinue reading “Big U.S. banks to take on tech rivals with instant payments | Reuters”

Paper money is unfit for a world of high crime and low inflation – FT.com

xxx rue, it is likely that a significant share – perhaps half – of dollars and euros circulates internationally. Some portion of this is surely abetting illegal activity and tax evasion. (In arresting Joaquín “El Chapo” Guzmán, the Mexican drug lord, two months ago, authorities found a room containing more than $200m, and this wasContinue reading “Paper money is unfit for a world of high crime and low inflation – FT.com”

Facebook Is Not The Great Predictor Of Creditworthiness It Was Hoped To Be – Consumerist

xxx The Wall Street Journal reports that lenders who had once been keen on the concept of using Facebook data to evaluate borrowers have soured on the idea, thanks to regulatory restrictions, and recent changes in the data that Facebook shares with third parties. From Facebook Is Not The Great Predictor Of Creditworthiness It WasContinue reading “Facebook Is Not The Great Predictor Of Creditworthiness It Was Hoped To Be – Consumerist”

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