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Verizon, AT&T and T-Mobile are asking customers to move their monthly bill payments from their credit cards to their bank accounts.

From Why Your Phone Carrier Wants to Connect to Your Bank Account.

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Companies that move money between the U.S. and Somalia are scrambling to stay in business after the main U.S. bank servicing them said it would close their accounts, the latest fallout from a broad U.S. crackdown on money laundering.

Merchants Bank of California NA, which is under regulatory pressure and is the only national bank still serving the companies, is set to close the accounts on Friday, according to interviews and a copy of a letter the bank sent to the companies last week.

From Bank to Close Accounts Related to Somalia – WSJ.

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The AI model helps to identify digital payment transactions that include harassing, threatening or offensive messages within the payment description field.

From CBA to release AI source code for countering abusive transaction messages.

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Last month, US regulators announced measures to allow consumers’ financial data to be shared easily, following similar reforms in Europe and Australia that make it simpler to switch bank accounts and sign up for a range of financial products.

From: America embraces Open Banking.

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Passwords and two-factor authentication will no longer be needed to access most federal government services, when a system is deployed that lets people log on to the myGov portal using facial scans, fingerprints or PINs.

The new encrypted passkey system announced on Thursday is based on an agreed international technical standard and provides

From: MyGov: face scan logons, protection from Optus-like hacks in services revamp.

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AWS Data Exchange makes it easy for millions of AWS customers to securely find, subscribe to, and use third-party data in the cloud. Once subscribed to a data product, you can use the AWS Data Exchange API to load data directly into Amazon S3 and then analyze it with a wide variety of AWS analytics and machine learning services.

From locomizer – Matching Audiences to Locations.

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Under the provisionally agreed rules, payment service providers such as banks, which provide standard credit transfers in euro, will also be required to offer the service of sending and receiving instant payments in euro. The charges that apply (if any) must not be higher than the charges that apply for standard credit transfers.

From: Instant payments: Council and Parliament reach provisional agreement – Consilium.

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Under the new rules, instant payment providers will need to verify that the beneficiary’s IBAN and name match in order to alert the payer to possible mistakes or fraud before a transaction is made. This requirement will apply to regular transfers too.

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“Passkeys will be introduced to bring myGov further into the 21st century, allowing Australians the ability to use biometric options such as facial recognition to access the site,” he said.

The Albanese government has expressed concerns with the security of myGov, with Minister Shorten revealing just days earlier that myGov scams have resulted in $3.1 billion in losses and that 4,500 scams have succeeded just this year.

From: myGov to move to passwordless authentication following reveal of $3.1bn scam loss – Cyber Daily.

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In Google’s defense, it is adding a record of whether an image was altered to data attached to it. But such metadata is only accessible in the original photo and some copies, and is easy enough to strip out.

From: Is Anything Still True? On the Internet, No One Knows Anymore – WSJ.

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Working out in VR, Anson thinks, is natural for older people. “A fair number of these people who are exercising in VR would be embarrassed to walk into a gym,” she said. “But in the headset, the only person they’re seeing is a virtual coach, while [they’re] still feeling like they’re part of a whole new space that feels like it’s real but is pressure-free.”

Anson said she doesn’t really care about social media and wasn’t aware of the term “metaverse” until The Information reached out to her for an interview, after which she read up on it. “If Facebook as we know it went away,” she said, “I’d survive.”

From: The Surprise Fanatics for Meta’s VR Headset? Your Mom’s Facebook Friends — The Information.

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