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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. Less stringent security steps that are frictionless for consumers may let bad actors in; however, those that require too much work can lead to lost sales.

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Bitcoin Daily: BoE Economist Cites Benefits Of Digital Assets; Online Gamblers Choose Crypto To Cash Out; One Charged In $2M Crypto Theft

PYMNTS

Bank of England Chief Economist Andy Haldane advocated for the potential benefits digital currencies can offer in a recent speech given at TheCityUK 10th Anniversary Conference on Wednesday (Nov. In other news, the U.S. Freeman allegedly worked with five co-conspirators.

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Making financial services more secure at IBM Think 2019

Insights on Business

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

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Facial Recognition Can Be Hacked With Internet Images

PYMNTS

Facial recognition is supposed to make computing and banking much more secure, but just like most efforts to fight the bad guys, hackers can apparently infiltrate that, too. The report noted the virtual reality-style face, which is rendered in 3D, gives the motion and depth cues of a real face that security systems are typically looking for.

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Dock Stops Over USD$50m a Month in Fraud Using FICO Technology

FICO

Currently, Dock has 250 clients that use FICO technologies to fight fraud. At Dock, we're committed to leveraging the latest technologies to help our clients stay ahead of fraudsters and protect their bottom line,” said Junior.

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Facebook’s Libra And The Future Of Digital Identity

PYMNTS

Despite the pervasiveness of digital identity in everyday life, concerns surrounding digital ID security continue to make headlines, with billions of dollars lost to fraud. Apple announced its own digital ID program, Sign In with Apple, at its recent Worldwide Developers Conference. Developments From Around the Digital Identity World.

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China, Alibaba Are Big Players On The Blockchain Patent Block

PYMNTS

As has been well-documented in this space, the damper on activity tied to cryptos has extended to social media. The concept and execution of distributed ledger technologies (DLT) has been one that President Xi Jinping stated can be part of “reshaping the global economic structure.”. Yet, blockchain remains an area of interest.