On The Web

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Security

Facial Recognition’s ‘Dirty Little Secret’: Social Media Photos Used Without Consent

March 20 2019

• in
• Facial recognition

“As the algorithms get more advanced — meaning they are better able to identify women and people of color, a task they have historically struggled with — legal experts and civil rights advocates are sounding the alarm on researchers’ use of photos of ordinary people. These people’s faces are being used without their consent, in […]

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Use

Apple Strikes a Foreboding Tone With Big Ad on Privacy

March 20 2019

• in
• Privacy

“Apple, which does not, as in the cases of Big Tech rivals Facebook and Alphabet, command an advertising business reliant on sharing a massive repository of consumer data, will indeed take advantage of its secure position in the market to take the lead on privacy. A link below its video on YouTube points to a […]

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Regulation

PSD2: Strong Customer Authentication

March 20 2019

• in
• Strong Customer Authentication (SCA)

“On 14 September 2019, new requirements for authenticating online payments will be introduced in Europe as part of the second Payment Services Directive (PSD2) . In this guide we’ll take a closer look at these new requirements known as Strong Customer Authentication (SCA) and the kinds of payments they will impact. Finally we’ll cover the […]

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Global

Xiaomi Introduces Own Mobile Payment Service in India

March 20 2019

• in
• India
• Mobile wallets

“Chinese smartphone maker Xiaomi has launched its own mobile payment service Mi Pay in India. The Chinese firm received regulatory approval to introduce the service in December last year. The Unified Payments Interface (UPI)-based payments application will enable Xiaomi users to send money to any UPI address and bank account in the country.   Furthermore, […]

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Tech

Air France, KLM, EasyJet, Lufthansa, Ryanair Boarding Passes Can Now Be Saved to Google Pay

March 20 2019

• in
• Mobile wallets

“Google Pay is more than just a way to buy things in stores with your phone. It can store loyalty programs, gift cards, train tickets , and even plane boarding passes . Now the app supports boarding passes from Ryanair , a major Irish arline that mostly operates in Europe.”

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Reports

UN Report: N. Korea Targets Cryptocurrency Exchanges, Banks

March 20 2019

“Between January 2017 and September 2018, the Democratic People’s Republic of Korea carried out at least five successful attacks against cryptocurrency exchanges in Asia, resulting in the theft of $571 million in currency, the report concludes. The UN report also notes North Korea’s ability to attack banks across the world, including the Bangladesh Bank heist […]

On The Wires

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Security

Whitepages Pro Introduces Transaction Risk API

March 19 2019

• in
• Data security

“The predictive identity data features included in Transaction Risk API are leveraged in models, alongside internal company data, to provide an additional layer of identity verification for real-time risk reduction at scale. In under 100 milliseconds (ms), the core identity data elements of email, IP, phone, address, and name are scored to return a concise […]

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Use

First Data’s Authorization Optimization Solution to Maximize Approval Rates and Revenue for Merchants

March 19 2019

• in
• Authorization

“Authorization Optimization is designed for businesses with high volumes of digital payments. Examples include the burgeoning subscription economy, which relies heavily on recurring payments, and businesses like ride-sharing platforms that depend on customer-initiated digital transactions via stored payment information.”

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Providers

Worldpay Becomes First Acquirer to Enable Amazon Pay

March 20 2019

“Worldpay, Inc. (NYSE: WP ;LSE: WPY ) today announced it has teamed up with Amazon, making Worldpay the first acquirer enabling Amazon Pay for its merchants. Through this relationship, Worldpay merchants that accept payments in the United States can utilize Amazon Pay, providing an expedited, consistent and seamless online checkout experience. Through Worldpay’s API, online merchants can […]

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Providers

Chase Launches New Checking Account to Expand Access to Banking

March 20 2019

• in
• Financial institutions

“The new account, available to customers today, comes with a low monthly service fee of $4.95 and all the benefits of Chase, like access to thousands of fee free Chase ATMs, Chase’s mobile app and support from bankers in person at Chase branches or over the phone.”