Mistake of the Day: PayPal Tells Dead Customer Dying Is Illegal, Legal Action Imminent
You can’t make this stuff up! PayPal sent a letter to a dead customer “telling her” that because she died...
Evidence Piles Up That Biometrics Are The Near Future
In this article on ITProPortal, Mastercard argues that the European “Strong Customer Authentication” mandate that transactions support two-factor authentication will...
Rumor Has It Swiss Banks Will Make Cryptocurrencies Legit! Is There Really A Crack in the Wall?
This article in ETHNEWS indicates that Switzerland may soon enable cryptocurrency businesses access to bank accounts. This statement is based...
Bank of America Corporate App Gets Biometrics & Embedded Token, But Expects Slow Adoption
Bank of America recognizes that corporates, especially large corporates, will have a range of issues that will delay deployment of...
Prepaid Issuers Want Access To India’s Centralized Identity Database For KYC
This article in LiveMint indicates that the prepaid payments instrument (PPI) industry will soon request access to Aadhaar (India’s centralized...
IBM Helps Eliminate Bias in Facial Recognition Training, But Other Faults May Remain
In a blog yesterday IBM announced that it is releasing two new facial image datasets as part of an effort...
AI Can Deliver 75% of The Report Normally Written by Equity Analysts – Banks Are All In
In the never-ending quest to eliminate human bias, and likely human labor, associated with creating equity reports this article from...
Facial Recognition Software Is Not Ready for Use by Law Enforcement
It has been discovered that facial recognition software has deep biases for people of color and for females. Azure, for...
Who Could Have Predicted Blockchains Would Melt Down Based on Operational Issues?
The article “The EOS Arbitrator Problem: A Crypto Governance Breakdown Explained” in Coindesk highlights the importance of having a well-managed...
Who Is More Obstinate Regarding Adoption of Cryptocurrencies; Banks or the U.S. Government?
The debate over cryptocurrency adoption by traditional financial institutions has intensified as digital assets continue to evolve. Proponents often argue...
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