How do Apple AirTags work and what can you track with it?

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UWB is a short-range wireless communication protocol that co-exists alongside existing standards like Wi-Fi, Bluetooth, and NFC. Unlike those protocols, however, UWB enables exact location tracking down to a few inches. This allows your phone to literally guide you to the tag’s exact location once you’re within UWB range, as pictured above.

Modern flagship smartphones, including the iPhone 14, Pixel 7 Pro, and Galaxy S23 series, support UWB.

From: How do Apple AirTags work and what can you track with it?.

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Apple and Google digital wallets to be brought under payment rules for credit cards, EFTPOS – ABC News

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The multinational technology company also argued that digital wallets were different to credit cards and therefore should not have to follow the same rules.

“Apple Pay can only operate with an existing debit, credit or prepaid card issued by a third party … Apple does not have access to a cardholder’s account to determine whether funds are available … in offering Apple Pay, Apple does not collect any transaction information.”

From Apple and Google digital wallets to be brought under payment rules for credit cards, EFTPOS – ABC News.

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Will the EC’s Proposals Unlock Open Banking’s True Potential?

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t’s been a few months since the European Commission (EC) published its package of proposals for the next generation of payments regulation in the EU. The proposals—which will see PSD2 split into a new directive (PSD3) and regulation (Payment Services Regulation/PSR)—have generated plenty of headlines since their release.

The EC’s proposal to introduce an explicit baseline level of functionality and performance that all bank open banking interfaces will, at a minimum, be required to meet is encouraging. This should help to level-up the minimum level of functionality and performance that can be expected consistently across the ecosystem.

As is frequently the case, however, the devil will be in the detail and the EC has left much of the specifics of the required functionality and performance to be defined in future by the European Banking Authority (EBA) in Regulatory Technical Standards.

From Will the EC’s Proposals Unlock Open Banking’s True Potential?.

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Zelle Fraud: I Got Scammed Out of $31,000 and My Bank Didn’t Care

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Someone at Clear, the identity-protection company that helps people skip the lines at airports, told me they’ve built technology they call “liveness detection.” To prove you’re you, you not only have to possess all the information and devices that prove who you are, but also that you are actually alive, in the instant in the place where a transaction is happening, by doing stuff like moving in a humanlike way.

From Zelle Fraud: I Got Scammed Out of $31,000 and My Bank Didn’t Care.

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Lawmakers Raise Concerns Over Social Media’s Deepfake Problem

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Hanks posted to his 9.5 million Instagram followers this week: “Beware!! There’s a video out there promoting some dental plan with an AI version of me. I have nothing to do with it.”

Meanwhile, the AI-generated likenesses of two BBC presenters, Matthew Amroliwala and Sally Bundock, were also used to promote a known scam.

From: Lawmakers Raise Concerns Over Social Media’s Deepfake Problem.

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EU’s ECB Faces Opposition to Digital Euro Plans That Threaten to Slow CBDC Project

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But now, the EU’s central banks, normally used to deploying technical or economic arguments, are facing a different kind of opposition that’s much more political. That opposition can start with legitimate concerns over privacy and the limits of government power – but can also venture into conspiracy theories that paint CBDCs as part of a much wider, orchestrated program of state control.

From: EU’s ECB Faces Opposition to Digital Euro Plans That Threaten to Slow CBDC Project.

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