xxx The average German wallet contains 103 physical euros, the European Central Bank estimated in November, more than three times the figure in France. Cash is still the means of payment in some 80 percent of point-of-sale transactions, compared with only 45 percent—and falling fast—next door in the Netherlands. From Germany Is Still Obsessed WithContinue reading “Germany Is Still Obsessed With Cash – Bloomberg”
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Getting down down under
Well, this week we saw another milestone in the evolution of the global payments marketplace. The New Payments Platform (NPP) will enable customers of Commonwealth Bank, National Australia Bank and Westpac to send money via a service called PayID, which requires users to enter only the recipients’ mobile phone number or email address. Other financialContinue reading “Getting down down under”
China cracks down on tech credit scoring
xxx China’s central bank is reining in efforts by Tencent and Alibaba to create contentious “social credit” scores from data on citizens’ purchases and social behaviour. From China cracks down on tech credit scoring xxx
₹21.54 crore in fake currency seized post demonetisation; Delhi, Gujarat on top – The Hindu
xxx The aggregate value of fake currency seized has increased since 2013. By collating the data issued by the government in response to two questions previously raised in Parliament on May 3, 2016, and July 25, 2017, it can be observed that the total value of fake currency seized has gone up post-demonetisation. From ₹21.54Continue reading “₹21.54 crore in fake currency seized post demonetisation; Delhi, Gujarat on top – The Hindu”
India officer held over ‘swapping secrets’ for obscene photos – BBC News
xxx Indian news website NDTV reported that two agents from Pakistan’s Inter-Services Intelligence reached out to Mr Marwaha on Facebook a few months ago. They allegedly used fake profiles which led him to believe they were women after which they began regularly communicating with him on WhatsApp. From India officer held over ‘swapping secrets’ forContinue reading “India officer held over ‘swapping secrets’ for obscene photos – BBC News”
Mobile network giffgaff to use Open Banking rules to move into pers…
xxx Giffgaff, the mobile network run by Telefonica, is to use Open Banking rules to provide a personal financial management service to its users in the UK. From Mobile network giffgaff to use Open Banking rules to move into pers… xxx
John Perry Barlow
I was very sorry to hear about the death of John Perry Barlow, one of the great influences on my life in technology. One of my happiest memories of is having dinner with John and cypherpunk founder Eric Hughes, along Nicholas Negroponte, and having a discussion about the use of cryptography to deliverContinue reading “John Perry Barlow”
POST Self-Sovereignty and the Three Domain Model
xxx In June 2017, the National Institute of Standards and Technology revised its digital identity implementation guidelines in Special Publication 800-63. By the end of June 2018, all federal agencies will be required to have legacy systems and applications in compliance with the guidelines. From NIST’s digital identity deadline approaches — GCN The NIST DigitalContinue reading “POST Self-Sovereignty and the Three Domain Model”
GUILTY: Surgeon Sudip Sarker lied to get hospital job | Worcester News
xxx A SURGEON who lied about his skills in an interview so he could get a job at a Worcestershire hospital has been found guilty of fraud. From GUILTY: Surgeon Sudip Sarker lied to get hospital job | Worcester News xxx
Mastercard Plans for EU Biometric Authentication | PYMNTS.com
xxx Mastercard has announced that by next spring, consumers will be able to identify themselves with biometrics when they shop and pay… using a mobile device. From Mastercard Plans for EU Biometric Authentication | PYMNTS.com xxx