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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>