Tag: Mark of the Beast

Bank of America CEO: ‘We Want a Cashless Society’

Bank of America CEO Brian Moynihan kicked off Fortune’s inaugural Brainstorm Finance conference in Montauk, N.Y., on Wednesday by discussing the tech-driven strides made by one of the country’s largest financial institutions. Speaking with Fortune editor-at-large Shawn Tully, Moynihan touched on BoA’s embrace of artificial intelligence-driven technology via applications like Erica, a voice-activated virtual assistant […]

SpaceX says Starlink internet has ‘extraordinary demand,’ with nearly 700,000 interested in service

SpaceX said Starlink, its nascent satellite internet service, has already seen “extraordinary demand” from potential customers, with “nearly 700,000 individuals” across the United States indicating they are interested in the company’s coming service. Due to the greater-than-expected interest, SpaceX filed a request with the Federal Communications Commission on Friday — asking to increase the number of […]

Building trust in biometrics and building trust with biometrics present industry with related challenges

Trust in biometrics for applications from digital health credentials to humanitarian aid delivery, as well as how to build up trust in work and other social environments with digital ID and biometric technology, is the theme of the week’s top news stories on Biometric Update. An insider from Mitre Corp., reports from the IEEE, World Economic […]

Social credit: The next China risk for Australian business

As China recovers from the Covid-19 crisis, the apparatus of the state is about to be devoted to a new form of social control. By the end of 2020, China plans to introduce its national social credit system. For some, this evokes dystopian visions of a surveillance state, monitoring more than a billion people and millions of […]

How COVID-19 is accelerating the shift to a cashless society

Tom Ivory, the founder of the Baker Street Bread Co. in Philadelphia’s Chestnut Hill section, fought a valiant effort for years to rein in bank fees by imposing a minimum credit card purchase of $10. But more customers wanted to go cashless, and Ivory eventually relented and accepted plastic for any transaction, no matter how […]

The (near) cashless society arrives

People have suddenly stopped using money — of the bill-and-coin variety — for fear it may spread the virus. Some worried shopkeepers have stopped accepting it, too. Why it matters: The coronavirus may have changed our buying and payment habits forever. Online shopping is through the roof, and consumers are rushing to get “contactless” credit and debit […]

‘Certain narratives were exposed’ in national ID systems, development experts tell ID4Africa webinar

Universal digital identity coverage could be achieved within the next two years, if shifts in political will and recognition of the mission’s importance are harnessed, according to an expert perspective shared during the latest ID4Africa webinar. “The Identity for Development Agenda in the Era of COVID-19” featured an intense panel discussion by development agencies and United Nations […]

SpaceX: We’ve launched 32,000 Linux computers into space for Starlink internet

Each of SpaceX’s monthly launches of 60 internet-beaming Starlink satellites carries 4,000 stripped-back Linux computers, SpaceX software engineers have revealed. SpaceX engineers disclosed the detail in a Reddit Ask Me Anything (AMA) session over the weekend. Elon Musk’s rocket company last week launched 60 more internet-beaming satellites into space on a reused Falcon 9 rocket, bringing its total count […]

Brain Scans And Artificial Intelligence Invade Schools

Ultra-creepy technology that George Orwell could not have imagined in his most terrifying nightmares is invading government-school classrooms — and children’s minds — all around the world. While many of the Big Brother innovations are coming out of Communist China, they are making their way into American schools quickly as well. Parents, beware. In a video […]

Education app reveals users’ sensitive information, research finds

8Belts, a maker of language-learning apps, leaked sensitive personal information on hundreds of thousands of users around the world from an unsecured cloud database, researchers said in a report Friday. The information included national identity numbers, as well as names, email addresses and phone numbers. The database was accessible to anyone who had the right IP address, […]