Category Archives: Uncategorized

xxx “In October an investigative report from BuzzFeed detailed how Ads Inc. paid to place deceptive ads on thousands of personal Facebook accounts. Ads Inc. reportedly paid Facebook users $15 to $30 per month for access to their account, then sold those accounts to other marketers for $800 each. By paying Facebook users to postContinue reading “Facebook contractor accepted bribes to restore banned accounts: report – Business Insider”

Oh man! 2017! This was the first public “live five” of technology-driven changes in the secure transactions field that we thought would have a real business impact over the previous year. We’d used the idea internally before, but in 2017 we made the predictions public in the spirit of openness and honesty that we areContinue reading “History of live five”

xxx Gibson first used the word “cyberspace” in 1981, in a short story called “Burning Chrome.” How William Gibson Keeps His Science Fiction Real | The New Yorker: xxx

xxx US officials are also concerned about the possibility that foreign countries will increasingly use mass-market digital currencies, such as Facebook’s planned Libra coin, to avoid sanctions. (1) FBI says blockchain expert aided North Korea | Financial Times: xxx

xxx Mr Couré recently praised an initiative by about 20 large European banks including BNP Paribas and Deutsche Bank to create a new digital payments system — dubbed the Pan European Payment System Initiative, or Pepsi. The idea is to enable instant cashless payments through a European rival to ApplePay in the US and AlipayContinue reading “(1) Central bank talk of launching cryptocurrencies is all bluff | Financial Times”

Huang Qifan, vice chairman of CCIEE (China Center for International Economic Exchanges), speaking at the Inaugural Bund Financial Summit of 2019 in Shanghai, said that “in the current digital age, the payment and settlement methods between enterprises and countries need to be reshaped”. He also went on to say that cross-border liquidation of China’s renminbi (RMB)Continue reading “CCIEE Vice Chairman Says PBOC Will Be First to Roll Out Digital Currency – Pandaily”

xxx Money has always been a powerful, blunt instrument. It’s an imposition not just of will, but of values. After World War II, the dollar became the foundation of the international monetary system. That gave the U.S. government a special tool. Brace for the Digital-Money Wars – WSJ: xxx

xxx This is not just a poor-world problem. Britain was recently rocked by the “Windrush” debacle, in which dozens of citizens were wrongly deported. But it is a particularly acute problem in sub-Saharan Africa, where one in two people cannot prove his or her identity. It is not for want of effort. Every country inContinue reading “Papers, please – African countries are struggling to build robust identity systems | Middle East and Africa | The Economist”

xxx “The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank. In 2018, card payments accounted for almost half of the total number of non-cash payments acrossContinue reading “Euro area card payments double in a decade”

I tend to agree with people who see privacy as a function of control over personal information. Not a thing, more like a trade off. It’s a big problem though that the trade-offs in any particular situation are multi-dimensional and nothing like as explicit as they should be. And what if you have no possibilityContinue reading “POST Bycatch”