A library of snippets
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With the blockchain, you gain access to two things. On one hand, you could select only the pertinent information required for that transaction-and entering a bar through a bouncer is a transaction. In this case: name, picture, and age. On the other hand, the bouncer can rest easy knowing that once something is hashed into the blockchain, it can’t be changed; new information can only be appended and there is a transparent record of all changes.
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Starbucks has announced its new MyBarista service that will allow people to order (and pay, of course) using chat and voice interfaces.
Starbucks Mobile App customers will be able to place their orders via voice command or messaging interface,
From Starbucks Unveils Five-Year Growth Plan, Introduces Voice Payment Feature | Bank Innovation
I noticed an e-mail from Business Intelligence that says
Mobile Peer-to-Peer payments in the U.S. are forecast to grow from $5.6 billion in 2014 to nearly $175 billion by 2019 as consumers increasingly skip the hassle of writing a check or going to an ATM. But smartphone vendors like Apple could cripple the dominant player of 2016 (Venmo) if they make a serious push to own the space.
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One result of this could be is that we see consumers starting to more and more use the Direct Debit system
From Frictionless Payments: Will they become a Mirage | David Parker | Pulse | LinkedIn
David is completely right to point out that SCA just doesn’t fly – it just doesn’t work in the modern world. But as it stands it means that you will have to re-authenticate when you get out of an Uber. There’s no concept in the legislation of the “cardholder was present” token-in-device options for payments. What the Commission wants, of course, is for you to opt out of the “proprietary” (i.e., American) card options and use the direct-to-account options instead.
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The transport secretary says that he wants all train companies to make available these Oyster-card style cards to commuters by the end of 2018
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The man, despite being twice ruled a threat to national security, has defeated repeated attempts to deport him by illegally keeping his true identity secret.
From Terror suspect dodges deportation by refusing to reveal his real identity for 23 years
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Interior Minister Aryeh Deri published a memorandum on Thursday recommending that all Israeli citizens be required to obtain a biometric identity card, with personal details stored on a digital database.
From Government plans mandatory biometric ID | The Times of Israel
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The government is concurrently working on developing a common mobile phone app that can be used by shopkeepers and merchants for receiving Aadhaar-enabled payments bypassing credit and debit cards, PIN and password.
From Govt plans Aadhaar-based app to replace debit, credit cards, PIN numbers – Livemint
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The BBA, which represents 200 banks managing £7 trillion in UK assets, wants MPs to “lower the threshold” for intelligence-sharing and make it easier for institutions to help each other spot criminal transactions.
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Snippings