POST 007.com

It’s really hard to be James Bond these days. Apart from health & safety restrictions on the use of poison umbrellas and the legal restrictions of the murder of foreign-looking goons, and all the paperwork around the expenses, you’ll be rumbled in an instant by your Facebook account. Because you don’t have one.

It is not simply a question of keeping details offline, either, but the opposite: individuals or identities without deep, broad online presences are precisely those likely to raise suspicion. “The challenge of having a credible digital footprint is significant,” Mr Inkster said. Fake Twitter or Facebook accounts alone do not make the grade.

From The spy who liked me: Britain’s changing secret service – FT.com

If I come across someone in a work context, and they are not on LinkedIn, then I assume that they are either in the witness protection programme or have been in prison. And of course if you are not yourself on Facebook, then it’s only a matter of time before some schmuk snaps you and you’re in the system. You could be out and about with an important business contact having a very important business discussion about important business issues, for example, but because of the camera angle and the perspective a snapshot of this event might be entirely misconstrued.

And once you’re in the system, you are no longer anonymous whatever you might think about being off the grid.

Give Facebook two pictures, and it can tell you with 97 percent accuracy whether they’re the same person, roughly the same accuracy as a human being in the same spot.

[From Why Facebook is beating the FBI at facial recognition | The Verge]

The old spies had to stake you out and track you down and stalk you and then murder you in a dastardly fashion. Now they just run the face recognition software until you pop up somewhere and then… it’s radioactive sushi time. Until my plan for Facebook-blue burkhas for all is accepted by the mainstream I’m afraid I can no way rounds. By the way, I noticed in the newspapers that while it may be increasingly difficult for spies to convince people that they are not spies, it is apparently much easier for people to people other people that they are spies.

Mark Acklom convinced her he was a spy and defrauded her of £850,000 

From Gloucestershire woman fell for ‘charismatic’ fraudster who claimed he worked for MI6 | Daily Mail Online

I don’t want to pick on this poor woman, and I know only too well how easily women can fall under the spell of handsome and charismatic Englishmen, but had she never heard of LinkedIn? If a match.com counterparty was trying to convince me that they are from MI6, I would fully expect to open up their LinkedIn profile and see a convincing employment narrative going back many years. And if they didn’t have a Facebook profile, then I’d naturally assume them to be a fraudster. 

Spies are an interesting use case when you start to think about the series business of population-sale identity they present a problem. If the purpose of a national identity system is to uniquely identity someone, then you don’t want it to ping back “James Bond” when 007 has to use the biometric identification system at the casino entrance.

VocaLink Connect – Review from SIBOS – Day 1

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According to [Claus Richter from Nordea], while it is impossible to know exactly what a successful revenue model will look like in an Open Banking world, there are number of possibilities ranging from existing transaction fee-based models to licensing deals with fintech firms.

From VocaLink Connect – Review from SIBOS – Day 1

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What if ‘One Click’ Buying Were Internetwide? – NYTimes.com

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“There’s a convergence going on,” said Mr. Birch, who currently works for Consult Hyperion. “In the future you will have one experience — it won’t matter if you are at the store or on the phone. It will pop up on your phone, you will put your thumb on it and you will be done.”

From What if ‘One Click’ Buying Were Internetwide? – NYTimes.com

Currently? What does Nathaniel Popper know that I don’t? Anyway, 

‘I’m not dead,’ Central Florida man says

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Miller is one of nearly 10,000 living Americans who are erroneously reported dead to the Social Security Administration (SSA) each year.

In most cases, the citizens’ names, birth dates and Social Security numbers are mistakenly entered into SSA’s master death file, a computer database used by government agencies, financial institutions, medical researchers and genealogists.

From ‘I’m not dead,’ Central Florida man says

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Hanging at the hackathon

The wonderful people at WorldPay had a hackathon, and Consult Hyperion (along with the Visa Collab and MongoDB) were one of the sponsors of the event, so I got to be a judge too. It was, I have to say, great fun.

WorldPay Hackathon

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You can see some of photos from the event here. There were 140+ “hackers” supported by mentors from WorldPay and the sponsor. The mentors helped the hackers to understand and use the WorldPAy IoT API so that they could get going on their ideas.

WorldPay Hackathon

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I went along to help to get things going along with my Consult Hyperion colleagues Matt and Stefan.

WorldPay Hackathon

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We’d had brought along a 3D printer for the hackers to use, so Matt gave a Friday night tutorial on how to create digital 3D objects and get them turned into actual physical objects. Pretty cool.

WorldPay Hackathon

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The hackers had more tutorials on Saturday  then they had the rest of Saturday and Sunday morning to develop their ideas. I cam back on the Sunday to join with the rest of the judging team. Here I am with Nick from WorldPay getting started on the judging process.

WorldPay Hackathon

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I won’t steal WorldPay’s thunder but announcing who the winners and runners up were here, you can see this over at their web site.

Kenya’s Cashless Payment System For Public Transport Was Doomed By A Series Of Experience Design Failures

For anyone interested in the evolution of electronic money and the intersection between digital financial services and the real world, Kenneth Odero has written a superb study of the failure of the Kenya’s attempt at cashless public transport. I won’t quote the key points – I urge you to read the whole – but I will draw your attention to his key conclusion.

In this context, it is therefore not surprising that the uptake of electronic ticketing has failed to take off. Despite the convenience it brings to the commuters, the system has a critical design flaw – it could not work considering the power structures that exist around the public transport system.

From Kenya’s Cashless Payment System For Public Transport Was Doomed By A Series Of Experience Design Failures

Money is not a neutral actor. Replacing dumb money with smart money changes power structures.

5 reasons why cash doesn’t go out of fashion | Banking.com

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According to the latest PYMNTS.com Global Cash Index, cash is the most widely accepted method of payment in the biggest Western European economies, where €2.1 trillion of cash transactions were completed last year.

From 5 reasons why cash doesn’t go out of fashion | Banking.com

Well, it might be the most widely accepted but it’s no longer the most widely used.

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According to the new research, consumer card payments will surpass cash payments for the first time in 2016, registering USD $23.1 trillion globally.

From Consumer Card Transactions Overtake Cash Payments for the First Time in 2016 | Business Wire

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126 million coins taken out of circulation since rounding scheme introduced – BelfastTelegraph.co.uk

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But now Mark Carney, the Governor of the Bank of England, has suggested that the 1,200-year-old British penny could be scrapped.

From After 1,200 years, could it really be time for the penny to be dropped?

Actually, I’ve suggested it more than once but just because he’s the Governor of the Bank of England his plagiarised proposal gets all the attention.

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Some 126 million coins have been taken out of circulation since a scheme was introduced to round shoppers’ bills up or down.

From 126 million coins taken out of circulation since rounding scheme introduced – BelfastTelegraph.co.uk

Ireland can do it, why can’t we?

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