Apple Watch included in iOS today
Another big release from Apple on the way with iOS 8.2 tonight. Continue reading Apple Watch included in iOS today
Category: Uncategorized
Korean ATM network no longer accept Mag Stripe
With that mag stripe support is removed from Korean ATM. Finally someone has seen the light. Maintenance of mag stripe just because America refuses to accept chip fully is an unacceptable willingness to accept fraud. I hope this is first of a trend. hat tip Dave Birch dgwbirchSouth Korea turns off magnetic stripe support in ATMs http://t.co/Fjn4QGCbU62015-03-06, 18:11 Continue reading Korean ATM network no longer accept Mag Stripe
The eternal Apple vs the rest debate
I got into another discussion yesterday about what is bad about Apple products. Someone looked at my Mac and immediatley went into the usual tirade. It is a familiar refrain but as someone who has used Windows, Linux and iOS/ OS X extensively I thought it time to get behind this discussion and explore why the apparent sides in this matter feel this way. Some of the main points were: Apple controls everything Apple is not open I do not wat to be controlled Apple is expensive Yesterdays particular discussion shifted to taking a couple of old laptops running now unsupported Win … Continue reading The eternal Apple vs the rest debate
Net neutrality as a concept is a disaster
Net neutrality as a concept is a disaster. President Obama has introduced a new law that contains principles which are worrying. US watchdog heeds Obama on net neutrality Advocates of the open internet principle — known as “net neutrality” — want to ensure that broadband providers are banned from setting up fee-based internet fast lanes or “throttling” content from websites that use a lot of bandwidth or compete with their affiliates. Why you may ask do I feel this way. The concept of net neutrality is often reduced to internet as a utility such as electricity or water. Internet is … Continue reading Net neutrality as a concept is a disaster
RBS announces Apple Touch ID to replace username and password
Banks allow fingerprint access to accounts RBS said it has introduced the Touch ID service following feedback from customers who asked for the technology to be included in their mobile banking app on its Ideas Bank website. The technology replaces passwords and passcodes on a mobile phone application. From Thursday, individuals with an iPhone 5s, iPhone 6 and iPhone6 Plus will be able to use Apple’s Touch ID fingerprint sensor to check their finances, in what the bank claims is a first in Britain. Continue reading RBS announces Apple Touch ID to replace username and password
MaRS launches FinTech cluster in Toronto
Nice to catch up with fiends and colleagues at MaRS in Toronto. It was their opening for the Toronto Fintech cluster at MaRS, and a fantastic turnout. (Note to MaRS: tonight was a highly oversubscribed evening, great meeting and yet I cannot see anything obvious on your site. The fintech link has tow items, both old stuff, and tonights event is not on the events page. Anyhow, great evening, and here are some pics. Andrew Graham – Borrowell Others including Paypal, Braintree, and Moneris Continue reading MaRS launches FinTech cluster in Toronto
More on the Bank heist – Kaspersky report pulled
There is some more information apparently from the Kaspersky Report referenced yeasterday. The report was launched then pulled. However it is still available at writing time here on this German site. It appears from reporting today from KrebsOnSecurity that these activities referenced in the report are part of an ongoing attack over several years. There is no apparent newness here other than the Kaspersky Report, and they are not doing a very good job today of following up the hype they created yesterday. The politics of security reporting aside, there are some real lessons here for banks to be concious of. … Continue reading More on the Bank heist – Kaspersky report pulled
Kaspersky report game changing bank heist worth hundreds of millions
Tomorrow the NY Times will publish more details on the full Kaspersky report that covers an infiltration of Banks’ that is a game changer. It does so because the approach demonstrates sophistication and understanding of banks that goes way beyond IT. Security is no longer username and password issue. This goes to the core of Banks business processes. Hundreds of banks have been infiltrated, mostly Russian but including American, European and Chinese – 23 countries in total, and hundreds or thousands of bank IP addresses. Here is why this is important. Whenever 99% of lay people hear about hacking and … Continue reading Kaspersky report game changing bank heist worth hundreds of millions
West Coast Port shutdown becomes catastrophic
There is a problem in trade logistics in North America. The problem lies in west coast ports whose container traffic represent 3.5% of US GDP. The volume of trade with Asia, that basically has to arrive in a concentrated 3 or 4 major west coast ports, is such that relations between unions and ports have driven the costs up, and relations down, to such an extent that containers are backed up for several days. One indication in the articles referenced suggests container unloading ocurred in only 4 of the last 10 days. The ZeroHedge article following has some photos of … Continue reading West Coast Port shutdown becomes catastrophic
UK: 20% of shops will never be re-occupied
More on demographic and perhaps systemic shifts driven by internet and ecommerce. To suggest that 20% of exiting shops will never be re-occupied is a staggering statistic. Its not quite Detroit level stuff, but we are in a similar trajectory. Demolish empty UK shops, say retail experts A fifth of empty shops in Britain will “never be reoccupied” and should be demolished or converted, according to the Local Data Company. The picture above is not uncommon in likes of Dundee which used to be a manufacturing hub that buzzed 30 years ago. No more. All across Norhern England the … Continue reading UK: 20% of shops will never be re-occupied
Bankwatch 