Swedes are getting implants in their hands to replace cash, credit cards
Thousands of people in Sweden are having futuristic microchips implanted into their skin to carry out everyday activities and replace credit cards and cash. More than 4,000 people have already had the sci-fi-ish chips, about the size of a grain of rice, inserted into their hands — with the pioneers predicting millions will soon join […]
FBI, ICE plunder DMV driver database ‘gold mine’ for facial recognition scans
The agencies are reportedly harvesting driver license imagery without citizen or lawmaker consent. The Federal Bureau of Investigation (FBI) and Immigration and Customs Enforcement (ICE) are exploiting state DMV records for facial recognition data without the knowledge or permission of drivers. Georgetown Law researchers, together with the Washington Post, have obtained facial recognition requests, documents, […]
HONG LEONG BANK SEES 64% OF CUSTOMERS GOING DIGITAL
HONG Leong Bank Bhd (HLB) revealed at the HLB Digital Day that 64.4% of its customers were utilising digital and mobile platforms for banking transactions as at the end of 2018, an increase of more than 20% from last year. Speaking to the media, Charles Sik, managing director of Personal Financial Services said: “It is […]
Monopoly doesn’t use cash anymore
In a world of digital payments, parents need to be deliberate in teaching their kids about money Hasbro announced Wednesday it will release a version of the classic board game Monopoly designed for the digital age. But financial experts argue the game’s new design could deprive children of important financial lessons. In Hasbro’s HAS, […]
Emerging security threats at the half-year mark
The 5G race is on, and China holds an ominous advantage We’ve hit the halfway mark of 2019, and I’m sure that we have all noticed some interesting happenings in the cybersecurity world. 5G is going to touch every company and person in the next year or two, as service providers drive new high-bandwidth offerings. […]
Comcast Launches Eye Control For The TV
Comcast has launched a feature enabling viewers with physical disabilities like spinal cord injuries or amyotrophic lateral sclerosis (ALS) the ability to navigate their television using only their eyes. Xfinity X1 eye control is a web-based remote for tablets and computers that pairs with an existing eye gaze system and allows viewers with a single […]
Backlash grows against cashless society
There was a time when cash was king, but a growing number of businesses worldwide are now refusing to accept payment with bank notes or coins. In the United States, the move toward a cashless society has sparked a backlash amid fears that digital payments marginalize the poor, especially the 8.4 million households-6.5 percent of […]
Is China’s social credit system coming to Australia?
Privacy was not a hot topic in the recent Australian election, but it should have been. This is because the City of Darwin is adapting elements of the Chinese social credit system for use in Australia. The Chinese system’s monitoring of citizens’ behaviour has been widely condemned as “Orwellian”, with frequent comparisons to the dystopian […]
Cashless stores are the hot new thing. Now politicians are stepping in
Crying foul over potential discrimination, state and local governments are cracking down. When Philadelphia City Councilman Bill Greenlee heard that a coffee shop and a salad restaurant right near City Hall didn’t accept cash, he thought it sounded unfair. “I can get my coffee and muffin, but the person behind me who has the monetary […]
When IoT systems fail: The risk of having bad IoT data
As the use of internet of things (IoT) devices grows, the data they generate can lead to significant savings for consumers and new opportunities for businesses. But what happens when errors inevitably crop up? No matter what numbers you look at, it’s clear that the internet of things (IoT) continues to worm its way into […]