A library of snippets
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The term “money laundering” was never more appropriate than this week, when Dutch police found around $400,000 stuffed inside the drum of a washing machine.
From Man suspected of money laundering after $400,000 found in washing machine – CNN.
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IndusInbank has launched an interactive credit card with push button controls for customers to choose their preferred mode of payment at the checkout.
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Neos Ventures uses smart technology that enables its customers to use connected devices to monitor and protect their homes. The company combines connected home devices like cameras and sensor technology with home insurance.
From Aviva to buy majority stake in smart technology insurance provider Neos.
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China’s plan to judge each of its 1.3 billion people based on their social behavior is moving a step closer to reality, with Beijing set to adopt a lifelong points program by 2021 that assigns personalized ratings for each resident.
The capital city will pool data from several departments to reward and punish some 22 million citizens based on their actions and reputations by the end of 2020, according to a plan posted on the Beijing municipal government’s website on Monday. Those with better so-called social credit will get “green channel” benefits while those who violate laws will find life more difficult.
From Beijing to Judge Every Resident Based on Behavior by End of 2020 – Bloomberg.
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Xxx novocain xxx
Let’s begin by recapitulating the elements of the problem space. If I show up at the local practice in response to their dentist wanted ad on indeed.com there are three domains to consider. In the authorisation domain, I must present the appropriate qualification and the practice must be able to validate it. Of course, I must be able to demonstrate in the authentication domain that the qualification belongs to me. And although it is not at all necessary for the regular functioning of the practice, the identification domain must provide my “real” identity because of the rules of the medical world.
Let’s walk through these steps.
First, presenting the qualification.
Second, authenticating the qualification.
Third, linking the qualification to identity.
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And this was exposed when the Supreme Court of India announced their recent verdict last week in which they struck down Section 57 of the Aadhaar Act, meaning that the private companies and individuals could not avail Aadhaar data to provide consumer services… The verdict has sent waves in the Indian FinTech community, as many of the FinTech players who positioned their offerings around instant KYC, now need to go back to their drawing boards to chalk out a strategy of conducting onboarding without Aadhaar
From The Aadhaar Verdict – Learnings and Takeaways for Indian FinTechs.
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For the financial industry, open banking is bigger than the internet and mobile, because while those technologies changed the edges, they weren’t able to meaningfully touch the core of banking and financial services with any magnitude.
From Open Banking: A Wave Bigger Than The Internet And Mobile.
You know, this is a reasonable point. I find my Barclays app very convenient and probably use it more than once per day on average. But the products that I access through the app are essentially the same ones that I accessed a couple of decade ago: a current account and a savings account.
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This white paper is a shortened version of the actual research. Unfortunately, the exploitation bug is not fixed yet. The company was notified and informed about the issue. However, the bug is not fixable (at the moment).
From Websec Canada: Launching replay attacks against the Wells Fargo Wallet service.
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“But Manchester Magistrates Court heard he had no dentist qualifications, used a false name and was fraudulently using the registration number of a genuine dentist”
From “Exposed: the fake dentist who ran bogus Manchester city centre practice – Manchester Evening News”.
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“A bogus dentist, who treated more than 600 patients and made a career of lies, pain and botched treatments, was jailed for two years yesterday.
Omid Amidi-Mazaheri, 41, an asylum seeker who told immigration officers he had a dental practice in Iran, and his dentist girlfriend, Mogjan Azari, who first let him practise on her patients, are believed to have defrauded the NHS of more than £120,000 for work that was never done.
The Iranian national, who took a dead dentist’s identity, repeatedly left patients in agony. He drilled without a local anaesthetic and did expensive fillings that crum bled within days, Southwark crown court, in south-east London, was told.”
From “Fake dentist jailed for two years | Society | The Guardian”.
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Snippings