Category Archives: Uncategorized

xxx modesty forbids me from noting Consult Hyperion’s role in the project, so I’ll let Finextra do it instead From NFC drivers | Consult Hyperion xxx

xxx To those who believe bitcoin’s main innovation is the exclusion of a central authority — a peer-to-peer system in which transactions are validated by “miners” — the interest of China and Russia is baffling. But those governments aren’t looking to give up control to the blockchain. On the contrary, they are trying to figure out howContinue reading “Authoritarian Cryptocurrencies Are Coming – Bloomberg”

xxx Royal Bank of Canada’s chief executive says data is the battleground for banks that will determine the future success of financial institutions. From RBC CEO Dave McKay: Battleground for banks is data – Article – BNN xxx

xxx FURIOUS Nationwide customers had their payments declined and were locked out of their accounts when the bank’s system went down yesterday. From Nationwide customers ‘bank cards suddenly stopped working’ after technical glitch The system went down. But what if there was no system to go down? Imagine that each ATM is a node inContinue reading “Nationwide customers ‘bank cards suddenly stopped working’ after technical glitch”

xxx While individual organizations in the public health network share the same overall mission, a complex mishmash of data usage agreements and government privacy rules dictate which members can access information and which ones can modify it. From Why the CDC Wants in on Blockchain – MIT Technology Review A blockchain, I guarantee, won’t make anyContinue reading “POST Blockchain, disease and”

xxx The banks’ response to the growth of the Zelle network follows positive statistics from the service itself, which reported 100 million transactions in September 2017 totaling $33.6 billion. From One Year After Rollout, Banks Are Bullish on Zelle | Bank Innovation | Bank Innovation xxx

According to the Daily Mail, the police have seen an “explosion in the use of digital currency by criminals who are strolling into cafes, newsagents and corner shops to dump their ill-gotten gains in virtual currency ATMs“. Well, let’s hope so because Bitcoin isn’t fungible (unlike the £50 notes so helpfully provided to the criminalContinue reading “POST Bitcoin and crime on a street corner near you”

xxx Alt-right blogger Jenna Abrams (@Jenn_Abrams) enjoyed a large following in Twitter, and her tweets were cited by Buzzfeed, the NY Times, and other news agencies. It turned out “she” was another creation of the Internet Research Agency, the Russian government-funded troll farm in St. Petersburg. From An alt-right Tweeter with 80k followers is aContinue reading “IS_A_PERSON and IS_A_LEGAL_PERSON”

xxx Criminals are exploiting the gift card loophole to commit financial fraud for a myriad of reasons, including money laundering, and as a way of moving illicit funds by drug cartels and terrorists. From The evolution of gift card fraud » PaymentEye xxx

xxx One in five cash points will disappear from Britain’s high streets within four years, according to the ATM industry body.  From One in five ATMs set to close over next four years xxx