Germany Is Still Obsessed With Cash – Bloomberg

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”

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”

₹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”

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”

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