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ASIC consults on ePayment Code reforms

By
Kate Weber
on May 21, 2021 1:08PM
Looks to make code mandatory, define biometric authentication.
The Australian Securities and Investments Commission (ASIC) today released a consultation paper requesting feedback on planned updates to the ePayments Code.
The regulator is looking to update the ten-year-old code to ensure it remains effective within the growing and evolving payment landscape.
Formerly known as the Electronic Funds Transfer Code of Conduct (EFT Code), the ePayment Code helps regulate electronic payments services in Australia.
This is ASIC’s second consultation on the ePayments Code after its first 2019 review.
The voluntary code bounds participating financial services to provide transparency around terms and conditions and assists with consumer payment issues. ....

United States , Investments Commission , American Express , Australian Securities , Electronic Funds Transfer Code , Epayment Code , Payments Code , New Payments Platform , Digital Payments , Epayment Code , ஒன்றுபட்டது மாநிலங்களில் , முதலீடுகள் தரகு , அமெரிக்கன் எக்ஸ்பிரஸ் , ஆஸ்திரேலிய பத்திரங்கள் , கட்டணம் குறியீடு , கொடுப்பனவுகள் குறியீடு , புதியது கொடுப்பனவுகள் நடைமேடை , டிஜிட்டல் கொடுப்பனவுகள் ,

Tech supplier to Chinese unit of Kohler conducts internal investigation following concerns raised for biometric data breaches

SOURCE / COMPANIES
By Global Times Published: Mar 16, 2021 11:45 PM
A customer uses a facial recognition payment equipment dubbed Dragonfly at a bakery shop in Beijing, capital of China, Dec 27, 2018.File photo:Xinhua
Wandianzhang, a facial recognition camera supplier to the Chinese unit of US kitchen and bathroom products maker, Kohler, has set up a special working group to urgently conduct an internal investigation. The move comes after the state broadcaster denounced the widely installed face-capturing cameras at China’s annual Consumer Rights Day TV show late Monday.
With the evening gala drawing attention to privacy and security threats regarding the increasingly prevalent use of facial recognition, industry observers are calling for a ramped-up legislative push to hold technology suppliers and users accountable for biometric data breaches. ....

Zhang Yi , Media Research Group , Council Of Europe , Consumer Rights Day , East China , Jiangsu Province , State Administration , Market Regulation , ஜாங் இ , மீடியா ஆராய்ச்சி குழு , சபை ஆஃப் யூரோப் , நுகர்வோர் உரிமைகள் நாள் , கிழக்கு சீனா , சந்தை ஒழுங்குமுறை ,

Authentication Provider LoginID Raises $6 Million in Seed Funding

By Ionut Arghire on March 16, 2021
FIDO-certified multi-factor authentication provider LoginID this week announced that it raised $6 million in seed funding.
Founded in 2019 and based in San Mateo, California, LoginID provides identity protection and control over personal information, helping companies add FIDO-certified biometrics to websites and applications, including ecommerce and banking sites.
According to LoginID, its APIs and SDKs enable enterprises to integrate FIDO-certified authentication within minutes. LoginID recently received FIDO UAF 1.1 server certification, and is also iOS and Android certified.
LoginID says it plans to use the infusion of cash to accelerate adoption of passwordless authentication.
The seed funding round was led by fintech entrepreneurs Damien Balsan (LoopPay and Mobeewave), Fabrice Grinda from FJ Labs (Zingy), George Wallner (Hypercom, LoopPay), Will Wang Graylin (Roam, LoopPay, OVLoop, Indigo), and also saw participation fr ....

United States , Fabrice Grinda , Damien Balsan Looppay , George Wallner Hypercom , Fj Lab Grinda , San Mateo , Damien Balsan , George Wallner , Will Wang Graylin , Seed Funding , Multi Factor Authentication , ஒன்றுபட்டது மாநிலங்களில் , சான் மாடேயொ , ஜார்ஜ் சுவர் , விதை நிதி , பல காரணி அங்கீகார ,

China's DNA data could allow it to target spies, dissidents, citizens

Jason Lee/Reuters
China has been stealing data, including DNA files, to advance its economic, security, and foreign-policy goals, the US government says in a recent report.
China s acquisition of healthcare data is ostensibly part of an effort to become the global leader in biotechnology and medicine.
But that DNA data, which is like a biological ID, could allow China to target political opponents, foreign spies, and even its own citizens.
In February, the National Counterintelligence and Security Center (NCSC) released an unclassified version of its report on Chinese intelligence efforts against US citizens.
The report provides a scathing breakdown of how China has been stealing data, including DNA files, which are like a biological ID of your health data and medical background, to pursue its economic, security, and foreign-policy goals. ....

United States , National Counterintelligence , Security Center , Us Office Of Personnel Management , George Orwell , Personnel Management , Air Force , Privacy Matters , Chinese Hackers , News Contributor , Mildef Freelance , Stavros Atlamazoglou , ஒன்றுபட்டது மாநிலங்களில் , பாதுகாப்பு மையம் , எங்களுக்கு அலுவலகம் ஆஃப் பணியாளர்கள் மேலாண்மை , ஜார்ஜ் ஆர்வெல் , பணியாளர்கள் மேலாண்மை , அேக படை , ப்ரைவஸீ விஷயங்கள் , சீன ஹேக்கர்கள் ,

WFP Chief appeals for peace as Yemen teeters on edge of famine

WFP
Mr. David Beasley Executive Director, World Food Programme visited the Al Sabeen Maternity and Children Hospital which is a public referral hospital and hosts a Community-Based Management of Acute Malnutrition (CMAM) prgoramme supported by WFP and UNICEF.” title=”Photo: WFP/Mohammed Awadh, Yemen, Al Sabeen district, 9 March 2021 Mr. David Beasley Executive Director, World Food Programme visited the Al Sabeen Maternity and Children Hospital which is a public referral hospital and hosts a Community-Based Management of Acute Malnutrition (CMAM) prgoramme supported by WFP and UNICEF.”>
Photo: WFP/Mohammed Awadh, Yemen, Al Sabeen district, 9 March 2021 Mr. David Beasley Executive Director, World Food Programme visited the Al Sabeen Maternity and Children Hospital which is a public referral hospital and hosts a Community-Based Management of Acute Malnutrition (CMAM) prgoramme supported by WFP and UNICEF. ....

Mohammed Awadh , Al Hodeidah , Al Sabeen , David Beasley , Un World Food Programme , International Woman Day , World Food Programme , David Beasley Executive Director , Children Hospital , Community Based Management , Acute Malnutrition , Executive Director , Food Programme , Red Sea , International Woman , முகமது அவதி , அல் சபீன் , டேவிட் பீஸ்லி , ஐ.நா. உலகம் உணவு ப்ரோக்ராம் , சர்வதேச பெண் நாள் , உலகம் உணவு ப்ரோக்ராம் , டேவிட் பீஸ்லி நிர்வாகி இயக்குனர் , குழந்தைகள் மருத்துவமனை , சமூக அடிப்படையிலானது மேலாண்மை , எடுப்போசை ஊட்டச்சத்து குறைபாடு , நிர்வாகி இயக்குனர் ,