Category Archive: Banking

MasterCard will begin trials of face recognition software to authorize payments – let the travesty begin!

By Simon Davies In its continuing effort to crack down on fraud, MasterCard has announced ambitious plans to trial a new program that approves online purchases using facial scans. The program is scheduled to begin in the US this Fall and – if successful – could be rolled out globally. Company executives told CNN Money …

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Code Red launches one of the world’s most ambitious anti surveillance projects

By Simon Davies The new global privacy advocacy group Code Red has launched one of the most ambitious human rights projects in recent years. After three years of planning, the group – which involves many of the world’s most renowned figures in the tech, whistleblower, legal, activist and policy communities – has commenced construction of …

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‘Scrambled X’: a scheme to thwart government surveillance of sensitive online payments

In the final of a two-part series, Simon Davies outlines a scheme that could bring an end to government snooping on sensitive online transactions, including financial support for political and human rights campaigns. In the first part of this series I outlined a common security gap for companies that offer secure products and services. Specifically, …

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Traveling with your Barclays PINsentry machine? You may want to read this.

By Simon Davies Most of the UK banking population has been forced to use security devices such as Barclays PINsentry card reader for online banking. Barclays admits they’re a bit of a pain, so the bank is now expanding to ”more convenient” mobile banking. In the meantime, here’s a cautionary tale for Barclays customers planning …

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Campaign notebook: 2006: the US bank data scandal and the Grand-Uncle of PRISM

By Simon Davies Some readers will recall the 2006 controversy over SWIFT and the secret grab by US agencies for the world’s financial transaction data. These notes detailing one element of that campaign – like those I published yesterday on the 1997 ECHELON action – may be useful to PRISM campaigners.   Taking on Goliath …

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From now on it’s YOUR fault if your bank account is defrauded

By Simon Davies (Santander’s response is set out at the end of this post) The UK banks are at it again. After decades scheming to dump liability for fraudulent card activity onto anyone in sight they’ve now imposed new conditions that will expose customers to substantial personal loss. The changes are being pioneered by Santander …

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