Tuesday, April 5, 2016
Survey says biometrics in banking on verge of become mainstream
According to a recent Mobey Forum survey, the use of biometrics in banking and payment systems is on the verge of becoming mainstream.
The survey notes that major technological advances and economies of scale have enabled biometrics to gain strong momentum as a secure authentication factor to verify a customer’s identity in the areas of mobile banking and payment. The report argues that over the last two decades, the technology has steadily proven its credibility in this market, attracting the strong interest of a number of global business players.
The report states: “The vast majority of banks intend to implement biometrics in the relatively near future, just as the number of handset manufacturers planning to integrate biometric capabilities into their devices rises.”
The report also notes that current market forecasts are extremely optimistic, projecting that by 2017, there will be over one billion users accessing banking services through biometric systems.
The report also found that historic concerns about biometrics, with regards to accuracy and price, are no longer so pressing. Other concerns, like security, however, still are. The report notes that for biometrics to succeed, it must be used in combination with secure technologies for storage and processing.
The survey results have now been published by Mobey Forum as a free white paper which explores the suitability of biometrics as a method of identification, authentication and authorization. Its conclusions clearly demonstrate the existing business potential in mobile banking and payment. The reports that when the technology is “combined with mobile, biometrics offers considerable benefits, especially with regard to user experience.”
According to the report, biometrics brings added value to other financial services, such as know-your-customer (KYC), e-contracting, insurance and more. The survey results also confirms growing positive reception of the technologies by consumers. In addition to offering the convenience customers want for mobile security features, the “coolness factor” of biometrics usage on smartphones is enabling the technology gain large user acceptance even across a range of different age groups.
Mobey Forum undertook its survey with 235 respondents from Europe, North America and the Middle East. Fifty-nine percent of the respondents worked for banks and other financial institutions, while 32 percent were from solution providers.
Credit to biometricupdate.com
http://www.biometricupdate.com/201604/survey-says-biometrics-in-banking-on-verge-of-become-mainstream
Tick..Tick..Tick..You Still Have Money In the Bank? No Gun? No Gold or Stored Food?
Donald Trump predicted that the United States is on course for a “very massive recession,” warning that a combination of high unemployment and an overvalued stock market had set the stage for another economic slump.”I think we’re sitting on an economic bubble. A financial bubble,” the billionaire Presidential candidate said in an interview with The Washington Post published this past Saturday.
Lana Clements writing for the Express reports, states that fears are growing for some of the world’s biggest investment banks, as experts warn mayhem could soon rip through markets over the coming weeks.Trading revenues at global investment firms dropped by as much as 56% at the start of this year with Europe’s firms among the worst affected, according to European financial analysts.
America is not immune to these pressures and the American financial market has seen corresponding drops in the markets. Volatility may have waned in America, but many experts feel that that we are in the middle of two financial tsunamis and that second proverbial tsunami is quickly approaching.
The Rubber Has Finally Met the Road
I am so sorry that I feel compelled to unleash the realities of such a hellish nightmare that is beginning to engulf this country. The United States is in the early stages of an economic meltdown. I apologize to the cognitive dissonance crowd, but your days of ignorant bliss are coming to and end. How can I be so sure?
We live in country that only takes in $2 trillion dollars per year in tax revenue, yet we are looking at the most staggering debt in world history:1. The U.S. has a soon-to-be $21 trillion dollar deficit and that is the good news.2. $240 trillion dollar unfunded and mandated liabilities (e.g. Medicare and Social Security).3. We Live in a nation where the US has a $1.5 quadrillion dollar credit swap derivative debt that the bankers have managed to pass along to the people. The interest alone, on the derivatives debt, was $505 trillion dollars last year.4. We live in a country where both the Democratic and the Republican Presidential nominations are in the process of being stolen and millions of desperate voters are being told your vote and your voice don’t matter. “We will tell you who the President will be”….”Now shut up and sit down or face the consequences”.5. We live in a country where the division of wealth disparity is the greatest in the modern first world nations.6. We live in a country, with regard to the middle class sharing of wealth in the G20 nations, the United States middle class is last in terms of how much wealth it shares with regard to overall national wealth.7. We live in a country where the government and all their phony economic figures and the lies told to the public by the corporate controlled media, cannot change the net effects of the following graphic. Today’s 50 year old working at two jobs doesn’t have to be told that their parents did not live through the same thing. Add to that the public, because of Donald Trump and his description of free trade agreements, millions of people know that they have been financially raped by the powers-that-be and they want massive changes.
With a $1.5 quadrillion credit swap derivatives debt you really need a calculator to figure out that we cannot pay off this debt in the 21st century, the 51st century or the 91st century? Some of you will wonder, “Can’t we just start a war and take what we need”? The entire GDP of the planet is only $70 trillion dollars. Subsequently, we cannot even steal enough resources to buy our way out of this debt. The criminal elite will allow the economy to take its last breath when they have decided that they have stolen all that they can from the American people, then, and only then, will the bottom of the economy fall out. We are living through The Last Great American Garage Sale.
The Rampaging Hordes of the Zombie Apocalypse
Who is going to survive is more a matter of luck and Divine Providence, than it is skill and preparation. However, there are definitely some things you can do t0 increase your odds. First, let’s take a brief look at the odds.
According to Statistic Brain there are 12,800,000 Americans on welfare, 46,700,000 on food stamps or SNAP, 5,600,000 on unemployment, with a total government spending on welfare annually of approximately $132 billion and this does not even include food stamps or unemployment. These people comprise the army of the Zombie Apocalypse. These people will be your worst nightmare who will be knocking your door down when the welfare gravy train stops coming:
CAN YOU IMAGINE 50 MILLION AMERICANS RAMPAGING THROUGH THE STREETS. LOOKING FOR THEIR NEXT MEAL? WELL, MILLIONS JUST HAD THEIR FOOD STAMP RATIONS ELIMINATED OR GREATLY REDUCED THIS PAST WEEK.
In today’s environment, anyone who discusses the importance of individual preparation and personal responsibility, due to the fact that we live in very troubled times, are often labeled as fear mongers. Upon closer examination, the real fear mongers are the very people who are responsible for perpetuating the present set of crises.
Conclusion
Once you get beyond the labels of “conspiracy theorist” and “fear monger” and you realize that you have an obligation to protect your family, there are some simple common sense things that one can do in order to increase their odds of survival following the coming economic collapse. In both 1929 and 2008, there was literally no warning when the economy crashed. The same will hold true for 2016, you will get no warning. In fact, you may choose to look at this article as your first and last warning. There will be more tomorrow on how to protect you and your family
Credit to Common Sense
Scientists to attempt clone of Ice Age lion
Did anyone else just hear the “Jurassic Park” theme music start to play?
Russian and South Korean scientists are attempting to clone extinct Ice Age lion cubs by pinpointing DNA in recently discovered remains.
Last August, two 12,000-year-old lion cubs were discovered - preserved in ice in nearly perfect condition - and are now subjects of a cloning project at the Joint Foundation of Molecular Paleontology at North East Russia University in the city of Yakutsk, according to a report by the Siberian Times.
But maybe these scientists should heed the warning that is the entire “Jurassic Park” franchise - here are a few key points, straight from the films worth considering when it comes to reviving extinct creatures.
1.) Dr. Albert Protopopov, a scientist at the Yakutian Academy of Sciences, said of the lion cubs: "This find, beyond any doubt, is sensational.”
But Dr. Ian Malcom, as portrayed by Jeff Goldblum disagrees.
“What's so great about discovery?” he asks in the first installment of the dino-series. “It's a violent, penetrative act that scars what it explores. What you call discovery, I call the rape of the natural world.”
Just saying.
2.) From a T-rex stomping through San Diego in “The Lost World” to containment issues in the dino-zoo in 2015’s “Jurassic World,” the films have proven it is very difficult to contain ferocious, previously-extinct creatures.
3.) Let’s not pretend that everyone who watched “Jurassic Park” still don’t get nightmares about the kitchen scene where velociraptors not only stalk the film’s child stars, but open a door to do it
4.) Big cats are also among the best hunters in the animal kingdom, often hiding in high grass to hunt their prey.
5.) But if we’ve learned anything from blockbuster franchise it’s that “life... uh ... finds a way.”
According to one of movies’ most famous quotes, no matter what safety measures are put in place to control these lion cub clones, they’re going to work their way around it, and find a way to persist.
Credit to Nydailynews.com
Politics Football Sport Celebs TV & Film Weird News TRENDINGPANAMA PAPERSWEATHEREGYPTAIRDYNAMORHIAN SUGDENROYAL FAMILY Technology Money Travel Fashion Mums Home News World news North Korea North Korea claims attacks on US will kill more than 9/11 in latest chilling threat
North Korea has claimed they will kill more people in America than the September 11 attacks.
A ranting article in the hermit Stalinist nation's state-run publication DPRK Today said their weapons are trained on the White House, the Pentagon and other vital strategic locations.
It read: “If three civilian airplanes’ attacks from 15 years ago resulted in 3,000 deaths and brought a nightmare to life for the US, the outbreak of our final war will wipe the country from history, leaving no time (for them to) even regret or have nightmares about it,” read the bulletin, seen by NK News.
Kim Jong-un’s regime has issued a series of threats recently - even threatening long-time ally China.
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“Being beaten by only three civilian airplanes, the US was ashamed in front of the world and has suffered incalculable psychological and economical damage,” the article added.
The provocative article comes soon after Kim Jong-un defied a UN weapons ban to oversee the testing of North Korea's new surface-to-air missiles - the country's state media has reported.
The test comes amid growing tensions between the North Korea and South Korea as the dictatorship appears to step up its weapons programme.
Credit to The Mirror
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