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A little $40 million
bitcoin incident

Posted by on May 20, 2019 at 2:22 pm

In 1978’s Superman the Movie, Superman rescues Lois Lane in mid-fall from a helicopter. Safely depositing her on her feet, he says, “Well, I certainly hope this little incident hasn’t put you off flying, miss. Statistically speaking, of course, it’s still the safest way to travel.” In the wake of the recent theft of over 7,000 [...]

A year of open
banking in the UK

Posted by on May 13, 2019 at 4:16 pm

In 2016, The Financial Brand took a forward look at open banking, claiming that it … … would give both customers and businesses the freedom to access all bank data in real-time, ultimately giving them more accurate and up to date information on finances … customers will be able to compare and save on their accounts and [...]

The “mobile-first” nuance

Posted by on April 29, 2019 at 2:51 pm

Ah, spin.   When advertising agencies called on me in my prior job, I admired their ability to spin opposite traits as advantageous. For instance, larger agencies claimed they could better service our account because they had the needed internal resources. Smaller ones claimed they could better service our account because they were leaner, nimbler, and hungrier. Ergo, larger agencies could [...]

Dark marketplace for fingerprints

Posted by on April 22, 2019 at 1:29 pm

I know a family that, some years ago, replaced their standard mailbox with a locking mailbox. Someone had stolen an order of checks from the mailbox and gone on a spending spree. The family, if you can imagine, didn’t care for that. Those were the days. Now people are making a business of stealing and [...]

The Money Pot

Posted by on April 15, 2019 at 8:33 pm

Thanks in part to Scotts Miracle-Gro, the payments industry might—might—soon be able to play ball with locally legal cannabis industries. It’s that part about “locally legal” that until now has proved the problem. Thirty-three states and Washington D.C. have decriminalized cannabis for medical or recreational purposes, but the federal government hasn’t. CreditCards.com summed up the dilemma this [...]