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Some Russian bank customers have been cut off from Apple Pay and Google Pay

The Verge

Financial sanctions from several countries bar some card payments through Google Pay and Apple Pay. Customers at a number of banks in Russia can no longer use their bank cards with Google Pay and Apple Pay due to newly-imposed financial sanctions on the country, as reported by Insider.

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Schrodinger’s Open Banking

CIO Business Intelligence

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 77
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Schrodinger’s Open Banking

CIO Business Intelligence

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 76
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Acceptance Networks for Self-Sovereign Identity

Phil Windley

When I hand a merchant in London a piece of plastic that I got from a bank in Utah to make a purchase, a tiny miracle happens. In the past, these kinds of transactions required that the merchant trust me or my bank. Visa, Mastercard, American Express, and Discover are all examples of acceptance networks.

Network 89
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Apple Cash virtual debit cards may be switching from Discover to Visa

The Verge

Apple Cash debit cards may be switching from Discover to Visa. Apple Cash, formerly known as Apple Pay Cash, may be transitioning from the Discover payments network to Visa, a new repor t from MacRumors suggests. Visa has a much larger global network than Discover, which might account for the move.

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Lapsus$ gang claims new hack with data from Apple Health partner

The Verge

Screenshots of the hacked data, originally posted by Lapsus$ and shared on Twitter by security researcher Dominic Alvieri, appeared to show folders bearing the names of a range of global businesses: among them were delivery and logistics company DHL, US cable network C-Span, and French bank BNP Paribas. The Verge regrets the error.

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FBI: Bank robbery? There’s an app for that

Network World

The FBI today said it released a new application easier for the public—as well as financial institutions, law enforcement agencies, and others—to view photos and information about bank robberies in different geographic areas of the country. To read this article in full or to leave a comment, please click here

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