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authortg(x) <*@tg-x.net>2017-01-19 16:10:35 +0100
committertg(x) <*@tg-x.net>2017-01-19 16:10:35 +0100
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+<!DOCTYPE html>
+<html lang="en">
+ <head>
+ <meta charset="utf-8">
+ <title>{{ _("GNU Taler") }} - {{ _("Financial News") }}</title>
+ <meta name="description" content="">
+ <!--# include file="common/header.inc" -->
+ </head>
+ <body class="en" onLoad="loadLang();">
+ <div class="container">
+ <!--# include file="common/navigation.inc" -->
+ <!-- Jumbotron -->
+ <div class="jumbotron">
+ <h1 lang="en">{{ _("Financial News") }}</h1>
+ </div>
+ <div class="row">
+
+ <div class="col-lg-12">
+ <h2>24-10-2016: Alipay gains acceptance in US and Europe</h2>
+ <p>With Alipay being increasingly accepted in retail stores in US and Europe,
+ European banks continue to lose market share to big technology
+ providers.<br>
+ With GNU Taler, we could establish an open standard with a level
+ playing field preserving the independence of national economies
+ by establishing a commons that protects critical infrastructure
+ from domination by a handful of global players.
+ </p>
+ <p><a class="btn btn-info" href="http://www.nfcworld.com/2016/10/24/347979/alipay-gains-acceptance-us-europe/?utm_content=buffer16d78&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>21-10-2016: Indian banks warn 3.2 million customers</h2>
+ <p>A major data breach of Indian banks forced these institutions to warn 3.2 million
+ customers that their accounts might have been compromised and that they need
+ to obtain new bank cards and PIN numbers.<br>
+ With GNU Taler, banks can implement privacy by design and minimize data collection,
+ minimizing the impact of security breaches and satisfying GDPR regulations in Europe.
+ </p>
+ <p><a class="btn btn-info" href="http://www.heise.de/newsticker/meldung/Vermutliche-Datenpanne-Indische-Banken-warnen-3-2-Millionen-Kunden-3356582.html" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>15-10-2016: Thousands of online stores found skimming</h2>
+ <p>Security researchers found evidence of adversaries targeting online shops offering credit cards
+ to steal and resell credit card credentials.<br>
+ With GNU Taler, shops would never receive sensitive personal information such as credit cards,
+ thus hacked online shops would not create such hassles for consumers.
+ </p>
+ <p><a class="btn btn-info" href="https://gwillem.gitlab.io/2016/10/11/5900-online-stores-found-skimming/" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>23-07-2016: How banks are refusing to shoulder responsibility for fraud</h2>
+ <p>Banks are naturally unhappy about shouldering the cost for fraud, and use
+ various tricks to impose the costs on their customers without providing
+ adequate help to minimize fraud.<br>
+ With GNU Taler, cryptography ensures that identity theft and many related
+ types of fraud are no longer possible, allowing banks to offer customers
+ a payment experience where neither side needs to worry about fraud.
+ </p>
+ <p><a class="btn btn-info" href="http://www.telegraph.co.uk/personal-banking/current-accounts/how-banks-are-refusing-to-shoulder-responsibility-for-fraud/" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>24-10-2016: ApplePay starts in France</h2>
+ <p>With ApplePay starting in France, pressure on
+ European banks increase as they are set to
+ lose market share to big technology providers.<br>
+ With GNU Taler, we could establish an open standard with a level
+ playing field preserving the independence of national economies
+ by establishing a commons that protects critical infrastructure
+ from domination by a handful of global players.
+ </p>
+ <p><a class="btn btn-info" href="http://www.heise.de/newsticker/meldung/Apple-Pay-startet-in-Frankreich-3272412.html" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>22-12-2015: Sicherheitsforscher hacken das EC-Bezahlsystem</h2>
+ <p>Security researchers found serious security flaws in the German &quot;electronic cash&quot; system
+ which enable criminals to withdraw funds from merchant accounts based on the information printed
+ on receipts and other information obtained from public sources or point-of-sales terminals purchased
+ online.<br>
+ The German &quot;electronic cash&quot; system is based on the &quot;Poseidon&quot; protocol, for
+ which there is no publicly accessible specification or reference implementation. This has allowed
+ such major security holes to persist for decades.
+ </p>
+ <p><a class="btn btn-info" href="http://www.zeit.de/digital/datenschutz/2015-12/electronic-cash-bezahlsystem-terminals-gehackt" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>30-4-2015: 1970 Researchers Predicted Debit Cards Would be Great for Surveillance</h2>
+ <p>&quot;Suppose you were an advisor to the head of the KGB,
+ the Soviet Secret Police. Suppose you are given the
+ assignment of designing a system for the surveillance of all
+ citizens and visitors within the boundaries of the USSR. The
+ system is not to be too obtrusive or obvious. What would be
+ your decision?&quot;<br>
+ The think tank RAND essentially answered this question with
+ a blueprint for modern payment systems. Taler offers an
+ escape from the financial panopticon.
+ </p>
+ <p><a class="btn btn-info" href="http://paleofuture.gizmodo.com/1970s-researchers-predicted-debit-cards-would-be-great-1699216972" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>17-3-2015: Pointing Fingers in Apple Pay Fraud</h2>
+ <p>Apple Pay may be easy to use, but the simplistic
+ user identification creates opportunities for fraud,
+ resulting in much higher fraud rates than even with traditional
+ credit card systems.<br>
+ Taler does not require user identification, enabling
+ ease of use while also being effective against fraud.
+ </p>
+ <p><a class="btn btn-info" href="http://www.nytimes.com/2015/03/17/business/banks-find-fraud-abounds-in-apple-pay.html?_r=0" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>6-12-2014: Visa and MasterCard's uncompetitive business practices</h2>
+ <p>The Visa and MasterCard duopoly has eliminated competition among
+ banks, setting fees that take away a significant share of profits from
+ small merchants.<br>
+ Taler is an open standard with free software
+ implementations, so merchants do not have to fear a lack of competition.
+ </p>
+ <p><a class="btn btn-info" href="http://www.ocregister.com/articles/gas-644344-card-fees.html" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>5-12-2014: US judge rules banks can sue merchant for bad security</h2>
+ <p>Merchants taking credit card data from customers now have to additionally
+ fear banks suing them for losses. It is not suggested that the merchant
+ in question was not in compliance with PCI DSS security audit procedures.<br>
+ With Taler, merchants never handle sensitive personal credit data, and
+ thus neither customers, exchanges nor governments would even have standing to
+ sue merchants in court. Thus, if a merchant system were to be compromised,
+ the damage would be limited to the merchant's own operations.
+ <p><a class="btn btn-info" href="http://arstechnica.com/tech-policy/2014/12/judge-rules-that-banks-can-sue-target-for-2013-credit-card-hack/" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>5-12-2014: PayPal for Android gains fingerprint support</h2>
+ <p>Following Visa and MasterCard's move to biometrics, PayPal
+ now supports authenticating purchases with fingerprint
+ recognition.
+ Hence, police can now <a href="http://www.findlaw.co.uk/law/government/civil_rights/500374.html">forcefully take user's fingerprints</a> and
+ <a href="http://www.wired.com/2013/09/the-unexpected-result-of-fingerprint-authentication-that-you-cant-take-the-fifth/">access their mobile computers</a> and possibly empty their electronic wallets
+ <a href="http://www.cbc.ca/news/world/american-shakedown-police-won-t-charge-you-but-they-ll-grab-your-money-1.2760736">in addition to their physical wallets</a>.<br>
+ For Taler, we advise users to protect their digital wallets using
+ passphrases.
+ </p>
+ <p><a class="btn btn-info" href="http://www.digitalspy.co.uk/tech/news/a614631/paypal-for-android-gains-fingerprint-support-on-samsung-devices.html" role="button">Source</a></p>
+ </div>
+
+ <div class="col-lg-12">
+ <h2>10-9-2014: PayPal accounts hacked with a click</h2>
+ <p>Yasser Ali reports a now patched vulnerability in PayPal that would
+ have allowed him to reset other user's passwords and take over their
+ accounts. This is unlikely to be the last vulnerability found in
+ account-based payment systems.<br>
+ In Taler, customers do not have accounts with usernames, passwords
+ or associated e-mail addresses. Instead, Taler uses reserves which
+ are represented by a private key on the owner's computer. Users
+ create a reserve by depositing currency at a Taler exchange, and can then
+ withdraw digital coins from that reserve using the respective private
+ key. There is no limit on the number of reserves a user can have, and
+ even hacking the Taler exchange would not provide an adversary with access to
+ user's reserves (as the Taler exchange does not have the private keys).
+ Stealing in Taler requires breaking into each customer's computer to
+ extract the reserve keys or the coins from the digital wallet.
+ </p>
+ <p><a class="btn btn-info" href="http://yasserali.com/hacking-paypal-accounts-with-one-click/" role="button">Source</a></p>
+ </div>
+ <div class="col-lg-12">
+ <h2>13-11-2014: Visa and MasterCard's to move from passwords to biometrics</h2>
+ <p>Visa and MasterCard are planning to &quot;simplify hated verification
+ systems&quot; by moving from passwords to security codes on mobiles
+ and biometrics. Continuing their flawed insistence on verifying identity,
+ Visa and MasterCard will thus build a very personal picture of their
+ customers, from shopping habbits down to their cardiac rhythm.<br>
+ Taler does not require a customer's identity to verify a payment, as the
+ payment system cryptographically verifies the coins. Thus, Taler does
+ not have to intrude into any personal detail of a citizen's life, and
+ certainly not their private medical data.
+ </p>
+ <p><a class="btn btn-info" href="http://www.theguardian.com/money/2014/nov/13/mastercard-visa-kill-off-verification-systems" role="button">Source</a></p>
+ </div>
+ <div class="col-lg-12">
+ <h2>15-9-2013: NSA follows the Money</h2>
+ <p>Despite the EU allowing the NSA access to financial transaction data to
+ track terrorists and organized crime, the NSA saw it necessary to
+ target international payment processors including SWIFT and Visa.
+ As terrorism and organized crime are covered by legal means, industrial
+ espionage to improve the US economy is the only remaining US national
+ interest within the NSA's mandate that would explain this illegal activity.<br>
+ With Taler, exchanges will only learn the value of a merchant's transactions,
+ not who paid or for what (governments may learn what was sold). Thus,
+ the Taler exchange is a significantly less interesting target for industrial
+ espionage.
+ </p>
+ <p><a class="btn btn-info" href="http://www.spiegel.de/international/world/spiegel-exclusive-nsa-spies-on-international-bank-transactions-a-922276.html" role="button">Source</a></p>
+ </div>
+ </div>
+ <!--# include file="common/footer.inc" -->
+ </div> <!-- /container -->
+ </body>
+</html>