Comic Con Controversy Highlights Digital ID Opportunity for Banks | American Banker

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o discourage ticket scalping, event organizers ReedPOP required fans to authenticate themselves online before ticket sales began. Would-be buyers were asked to put down a number of credentials — including phone numbers, addresses, and credit card information — in what was dubbed the “fan verification process.”

From Comic Con Controversy Highlights Digital ID Opportunity for Banks | American Banker

This is precisely the sort of nonsense that perpetuates in the absence of a working digital infrastructure.

Beam Wallet and MasterCard team up to offer an innovative and rewarding mobile payment experience in the UAE | Global Hub

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In order to engage with our customers, ENOC in partnership with Beam, has rolled out Bluetooth Low Energy (BLE) beacons at our service stations to enable payment for fuel and convenience store transactions, allowing consumers to pay through their mobile phones,”

From Beam Wallet and MasterCard team up to offer an innovative and rewarding mobile payment experience in the UAE | Global Hub

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Digital Identity: I’m sure banks have a strategy for this kind of thing

This is what I said about it back in 2008.

Some time ago, I pointed out that sensible retailers would use ID cards to cut payment schemes out of the transaction loop, by using ID cards as payment tokens and using the ACH network rather than Visa or MasterCard

From Digital Identity: I’m sure banks have a strategy for this kind of thing

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The ‘right to record’ is not a question of technology, but rather power and policy – TechRepublic

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There’s now some evidence that police cameras reduce complaints and violence, which has led to editorial boards calling for more cameras on officers and some civil libertarians calling for every officer to wear a lapel cam while on duty.

From The ‘right to record’ is not a question of technology, but rather power and policy – TechRepublic

Note, however, that 

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Surprisingly, we found that the use of wearable video cameras is associated with a 3.64% increase in shooting-deaths of civilians by the police. We explain that video recordings collected during a violent encounter with a civilian can be used in favor of a police officer as evidence that justifies the shooting.

From Study Links Police Bodycams to Increase in Shooting Deaths – Law Blog – WSJ

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The paper also looked at the use of smartphones and in-vehicle laptops that allow police officers to obtain crime data and suspect information on the fly. In contrast to their findings on body cameras, “smartphone use by officers is also associated with a 2.46% reduction in the shooting-deaths of civilians,” the study said.

From Study Links Police Bodycams to Increase in Shooting Deaths – Law Blog – WSJ

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The Drumbeat for Open APIs Is Getting Louder | American Banker

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Wells’ tiptoeing into open APIs by offering them to commercial customers is typical of banks, which see such clients as the test case. Consumer applications hold the greater opportunity, but also carry more risk given cybersecurity and data issues.

From The Drumbeat for Open APIs Is Getting Louder | American Banker

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Machine Vision’s Achilles’ Heel Revealed by Google Brain Researchers

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It turns out machine vision algorithms have an Achilles’ heel that allows them to be tricked by images modified in ways that would be trivial for a human to spot. These modified pictures are called adversarial images, and they are a significant threat.

From Machine Vision’s Achilles’ Heel Revealed by Google Brain Researchers

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Funny story, this. UK.gov’s ‘open banking app revolution’. Security experts not a fan of it • The Register

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The new rules from the Competition and Markets Authority are designed to promote transparency and clarity while providing an incentive for customers to switch providers. The model is taken from the UK’s deregulated electricity industry.

Security experts, however, remain concerned over the potential of greater risk to customer data inherent in the new approach.

From Funny story, this. UK.gov’s ‘open banking app revolution’. Security experts not a fan of it • The Register

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Call Blockchain Developers What They Are: Fiduciaries | Bank Think

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The default position in tort law is that it is very difficult to hold software developers liable for the harms their software wreaks. Software licenses — the terms on which people use software — generally disclaim all liability for problems the software causes. In keeping with the tech mantra that it’s always better to ask forgiveness than permission, these powerful shields encourage coders to experiment.

This lax liability standard may work when we are talking about sharing music or creating cat videos. It doesn’t work so well with money, finance, contracts, property records, medical records, proof of identity

From Call Blockchain Developers What They Are: Fiduciaries | Bank Think

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