Kidnappers demand £8 million ransom for wife of one of Norway’s richest men after disappearance | Daily Mail Online

xxx The kidnappers are said to have asked for the ransom to be paid in cryptocurrency Monero, which can be sent and received anonymously. From Kidnappers demand £8 million ransom for wife of one of Norway’s richest men after disappearance | Daily Mail Online. xxx

CHYP Google gets a licence. So what?

The Irish central bank’s decision to authorise Google Payment Ireland under the second Payment Services Directive (PSD2) attracted a fair bit of comment, some of it informed. As Finextra pointed out, this does not grant Google with the ability to offer a full banking service including bank accounts, but they don’t need to because with aContinue reading “CHYP Google gets a licence. So what?”

T-Mobile, Sprint, and AT&T Are Selling Customers’ Real-Time Location Data, And It’s Falling Into the Wrong Hands

xxx “Every time you use your gadget, whether you like it or not, whether you turn on your location or not, somebody can find out exactly where you are, exactly what your interests are and exactly what you are scared of,” Patriarch Kirill From Smartphone users warned to be careful of the Antichrist – BBCContinue reading “T-Mobile, Sprint, and AT&T Are Selling Customers’ Real-Time Location Data, And It’s Falling Into the Wrong Hands”

Why it’s not as simple as “breaking up big tech” | Prospect Magazine

xxx Yet there are two problems with the attempt to revive pre-Bork and Bowman antitrust. First, the technical difficulties of getting intervention right, in a context where it goes against the grain. The software industry is prone to natural monopoly or oligopoly. Software reduces friction along existing value chains, often reconfiguring industries into two-sided markets,Continue reading “Why it’s not as simple as “breaking up big tech” | Prospect Magazine”

Google gets payments licence in Ireland

The central bank’s decision to authorise Google Payment Ireland under the second Payment Services Directive (PSD2)   As Finextra pointed out, this does not grant Google with the ability to offer a full banking service including bank accounts, but they don’t need to because with a PI licence they can obtain API access to bankContinue reading “Google gets payments licence in Ireland”

POST The convergence of AI and Blockchain: what’s the deal?

There is a character flaw in some people (eg, me) which means when they see something that is obviously wrong on Twitter they feel compelled to comment. This is why I couldn’t stop myself from posting a few somewhat negative comments about an “infographic” on the connection between AI and the blockchain, even though IContinue reading “POST The convergence of AI and Blockchain: what’s the deal?”

Experian claims fraud costs UK £190 billion per year –

xxx “Credit service agency Experian has reported that the UK loses over £190 billion per year to fraud. That staggering number comes from its Annual Fraud Indicator 2017 report. £190 billion is equivalent to £10,000 per family. It is more than 9% of the UK’s projected GDP for 2017” From “Experian claims fraud costs UKContinue reading “Experian claims fraud costs UK £190 billion per year –”

‘The iceberg beneath the sea’, fraudsters and their punishment through non-criminal justice in the ‘fraud justice network’ in England and Wales – ScienceDirect

xxx “The paper shows that over one million individuals are sanctioned for fraud offences each year and the great majority do not trouble the criminal justice system.” From “‘The iceberg beneath the sea’, fraudsters and their punishment through non-criminal justice in the ‘fraud justice network’ in England and Wales – ScienceDirect”. xxx

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