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| author | Christian Grothoff <christian@grothoff.org> | 2014-12-06 13:39:15 +0100 |
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| committer | Christian Grothoff <christian@grothoff.org> | 2014-12-06 13:39:15 +0100 |
| commit | 2c2cd51c47b5fb5e4deb4175b7867f0fcf687d61 (patch) | |
| tree | 0ae70c3905244bf1dfb4cc3ee2a5800dff70aeaa /financial-news.html | |
| parent | 60eaf2cb56c96ad80be5a3d3fe77183db23bbda2 (diff) | |
| download | www-2c2cd51c47b5fb5e4deb4175b7867f0fcf687d61.tar.gz www-2c2cd51c47b5fb5e4deb4175b7867f0fcf687d61.tar.bz2 www-2c2cd51c47b5fb5e4deb4175b7867f0fcf687d61.zip | |
news
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| -rw-r--r-- | financial-news.html | 105 |
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diff --git a/financial-news.html b/financial-news.html new file mode 100644 index 00000000..fb2ffbfc --- /dev/null +++ b/financial-news.html @@ -0,0 +1,105 @@ +<html> + <head> + <meta charset="utf-8"> + <title>Taler - Taxable Anonymous Libre Electronic Reserves: 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>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 + And 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, mints 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 mint, 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 mint would not provide an adversary with access to + user's reserves (as the Taler mint 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 "simplify hated verification + systems" 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, mints 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 mint 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> |