{{ _("GNU Taler") }} - {{ _("Financial News") }}

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24-10-2016: Alipay gains acceptance in US and Europe

With Alipay being increasingly accepted in retail stores in US and Europe, European banks continue to lose market share to big technology providers.
@@ -26,10 +8,7 @@ from domination by a handful of global players.

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21-10-2016: Indian banks warn 3.2 million customers

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.
@@ -37,20 +16,14 @@ minimizing the impact of security breaches and satisfying GDPR regulations in Europe.

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15-10-2016: Thousands of online stores found skimming

Security researchers found evidence of adversaries targeting online shops offering credit cards to steal and resell credit card credentials.
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.

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23-07-2016: How banks are refusing to shoulder responsibility for fraud

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.
@@ -59,10 +32,7 @@ a payment experience where neither side needs to worry about fraud.

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24-10-2016: ApplePay starts in France

With ApplePay starting in France, pressure on European banks increase as they are set to lose market share to big technology providers.
@@ -72,10 +42,7 @@ from domination by a handful of global players.

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22-12-2015: Sicherheitsforscher hacken das EC-Bezahlsystem

Security researchers found serious security flaws in the German "electronic cash" 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 @@ -85,10 +52,7 @@ such major security holes to persist for decades.

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30-4-2015: 1970 Researchers Predicted Debit Cards Would be Great for Surveillance

"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 @@ -100,10 +64,7 @@ escape from the financial panopticon.

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17-3-2015: Pointing Fingers in Apple Pay Fraud

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 @@ -112,10 +73,7 @@ ease of use while also being effective against fraud.

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6-12-2014: Visa and MasterCard's uncompetitive business practices

The Visa and MasterCard duopoly has eliminated competition among banks, setting fees that take away a significant share of profits from small merchants.
@@ -123,10 +81,7 @@ implementations, so merchants do not have to fear a lack of competition.

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5-12-2014: US judge rules banks can sue merchant for bad security

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.
@@ -135,10 +90,7 @@ sue merchants in court. Thus, if a merchant system were to be compromised, the damage would be limited to the merchant's own operations.

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5-12-2014: PayPal for Android gains fingerprint support

Following Visa and MasterCard's move to biometrics, PayPal now supports authenticating purchases with fingerprint recognition. @@ -149,10 +101,7 @@ passphrases.

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10-9-2014: PayPal accounts hacked with a click

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 @@ -169,9 +118,7 @@ extract the reserve keys or the coins from the digital wallet.

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13-11-2014: Visa and MasterCard's to move from passwords to biometrics

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, @@ -183,9 +130,7 @@ certainly not their private medical data.

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15-9-2013: NSA follows the Money

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. @@ -198,9 +143,3 @@ espionage.

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