Category Archives: Uncategorized

xxx “As well as the changes to the verification requirements, the new rules, which come into force on April 1, stipulate that all companies providing bar code-based payment services must obtain both an online payment licence and a bank card receipt business licence, and that all cross-bank transactions involving bar codes must be channelled throughContinue reading “China’s central bank tightens security in US$5.5 trillion QR code payment services | South China Morning Post”

Back in 2014, Tom Noyes (who I always take very seriously on this kind of thing) put it another way. He said… “Yes it would be completely wierd to launch a consumer brand called AppleIdenityBroker.. But ApplePay doesn’t quite capture the #1 retailer challenge: knowing WHO their consumers are” From “Brokering Identity – Part 1 –Continue reading “Brokering Identity – Part 1 – Noyes Payments Blog”

xxx “‘Personally, I think zk-SNARKs are a hugely important, absolutely game-changing technology,’ Buterin tells Fortune. ‘They are the single most under-hyped thing in cryptography right now.’” From “Zcash: Meet Zooko Wilcox, the Man Building a Better Bitcoin | Fortune”. xxx

Dunkirk. Whenever I see something on TV or read something about Dunkirk, it makes me think about my grandad. He was there. Not only was he there, he was awarded the Distinguished Conduct Medal (DCM) for his bravery. Here is the citation from the British Army record:  WO2 (RQMS) Acting WO1 Supt Clerk Walter WilliamContinue reading “Dunkirk sort of review”

snippet We need a more robust pipeline of available workers to support the growth in the industry. [From Take On Payments – Federal Reserve Bank of Atlanta ] snippet

snippet Japan Airlines Co. said it has been defrauded out of ¥384 million ($3.4 million) after receiving emails earlier this year that called for the payments of lease fees and commissions into bank accounts in Hong Kong. [From Japan Airlines falls victim to email fraud, paying out ¥384 million to Hong Kong accounts | The JapanContinue reading “Japan Airlines falls victim to email fraud, paying out ¥384 million to Hong Kong accounts | The Japan Times”

xxx “If Estonia succeeds with its plan to create a token for its e-residents to trade in, it could be the monetary glue to hold its ‘digital nation’ together. Electronic payments specialist Dave Birch theorized in his book, Before Babylon, Beyond Bitcoin, that the future of money is one where ‘community is no longer geography,’Continue reading “POST Realistic visions of the next money”

xxx “These guys, they don’t tip like they used to, because they don’t have the cash in their pockets like they used to,” said Mark, an elevator operator at an upscale Manhattan co-op, talking about his building’s tenants. From Casualties of the Cashless Society: Those Who Get Seasonal Tips – The New York Times xxx

xxx “‘Market cap’ is even worse. It’s literally just whatever the last price was, multiplied by the number of tokens in existence. This is a bogus number that’s not actually applicable to anything — it’s not money that was put into the crypto, it’s not a realisable value like a company market cap, it doesn’tContinue reading “Why you can’t cash out pt 1: Why Bitcoin’s “price” is largely fictional | Attack of the 50 Foot Blockchain”

xxx “Update, 11 December: The Payments Strategy Forum has outlined plans for a new payments system architecture in the UK… The Forum has outlined that customers wishing to make a bank transfer will have to now enter the exact name on the account, as well as the other details.”   From “How do you want banksContinue reading “How do you want banks to protect you from scams?”