xxx ING has teamed up with Dutch supermarket chain Albert Heijn and US tech startup AiFi to pilot a cashierless store where customers tap their bank card as they enter, pick up their groceries, and walk out. ING partners Dutch supermarket to trial cashierless store: xxx
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Innotribe 2019
Here’s a story I came across that I found so interesting that I discussed it in my book about the history and future of money, “Before Babylon, Beyond Bitcoin”. It is a utopian future fiction that happens to have something to interesting to say about money, which is why it caught my eye. This isContinue reading “Innotribe 2019”
Fraudsters Used AI to Mimic CEO’s Voice in Unusual Cybercrime Case – WSJ
xxx Criminals used artificial intelligence-based software to impersonate a chief executive’s voice and demand a fraudulent transfer of €220,000 ($243,000) in March in what cybercrime experts described as an unusual case of artificial intelligence being used in hacking. The CEO of a U.K.-based energy firm thought he was speaking on the phone with his boss,Continue reading “Fraudsters Used AI to Mimic CEO’s Voice in Unusual Cybercrime Case – WSJ”
SHCs are sick, as the kids say
Now, of course, when techno-determinist mirrorshaded hypester commentators (eg, me) say that the future of money might be somewhat different to the Bretton Woods II structure and that perhaps the decentralising nature of computer, communications and cryptographic (CCC) together mean that there might be currency issuers other than central banks (as, for example, I didContinue reading “SHCs are sick, as the kids say”
‘The bank sent my safe house address to my abusive ex’ – BBC News
xxx “HSBC UK customers can request a national sort code that cannot be traced to a particular bank branch, if they are concerned an abuser could use these details to find out their location.” From “‘The bank sent my safe house address to my abusive ex’ – BBC News”. xxx
Strong Customer Authentication: where are we now? | The Paypers
xxx “To understand this let’s take an analogy. Imagine that SCA in face to face commerce had been mandated on banks, but no technological solution was provided. Instead of chip and PIN each bank created its own solution such that every time a consumer approached a PoS device the authentication method they used would beContinue reading “Strong Customer Authentication: where are we now? | The Paypers”
Russia’s role in producing the taxman of the future | Financial Times
xxx “To address the leakage, Russia built two huge data centres and legislated so that companies had to submit every invoice between businesses. It also mandated every retailer to buy new cash registers that were linked securely and directly to the data centres.” From “Russia’s role in producing the taxman of the future | FinancialContinue reading “Russia’s role in producing the taxman of the future | Financial Times”
SF ‘Cashless Ban’ FAQ: How to pay cash at Amazon Go, and more questions answered – SFGate
xxx “Brick-and-mortar businesses, a.k.a. ‘any place of business operating at a fixed, permanent physical premises,’ must accept cash in San Francisco. They may not charge a fee or place any other conditions on its acceptance of cash.” From “SF ‘Cashless Ban’ FAQ: How to pay cash at Amazon Go, and more questions answered – SFGate”. xxx
Apple announces support for Apple Pay NFC stickers, partners with Bird scooters and more – 9to5Mac
xxx “Apple’s VP of Apple Pay Jennifer Bailey today announced a new NFC feature for iPhone: special tags that trigger Apple Pay purchases when tapped” From “Apple announces support for Apple Pay NFC stickers, partners with Bird scooters and more – 9to5Mac”. Alternative to QR coes
Cashless SF stores now must take cash: ‘They’re not making it easy’ – SFChronicle.com
xxx “‘It’s easier to order there,’ she motioned to self-ordering kiosks that accept credit cards.” From “Cashless SF stores now must take cash: ‘They’re not making it easy’ – SFChronicle.com”. xxx