Subject: SCN Daily News (HTML) Friday, 31 May 2019
Date: 31/05/2019, 14:13

Smart Card News Online

Friday, 31 May 2019

2.6 Billion Smart Payment Cards Shipped Globally in 2018

The Smart Payment Association (SPA), the trade body of the smart payments industry, has published its 2018 annual top smart payment card shipments.

Data from SPA members shows the continued year-on-year growth of smart card shipments across global markets.

Link: Smart Payment Association

SBI Virtual Currencies to Delist Bitcoin Cash

SBI Virtual Currencies (SBIVC), the first cryptocurrency exchange to be owned by a bank, has announced it will be delisting Bitcoin Cash next month.

The exchange has provided its customers with three options. The first is to sell all their BCH holdings, the second is to transfer their BCH to CooXWalet, or finally, the exchange itself would buy all the holdings from their customers and return it in Japanese Yen.

Link: Chepicap

Overwhelming Number of Internet Users now Fear Becoming a Victim of Identity Theft and Account Takeover

As massive data breaches continue to make international headlines and the Internet is an integral part of our daily lives, consumers are now grasping the risks they face. In a new F-Secure survey, 71% of respondents say they feel that they will become a victim of cyber crime or identity theft, while 73% expressed similar fears about their kids.

Link: PR Newswire

Solving the Mobile Payments/POS Dilemma

Retailers still recovering from the trauma of updating to mandated EMV chip-reading POS terminals are now being pestered to accept an increasing number of mobile and contactless payment systems - including the upcoming Apple Card - their still shiny chip-reading terminals might not be able to accept.

Link: Twice

Don't use 'Crypto' as Substitute for 'CryptoCurrency

Have you been using crypto as a substitute for cryptocurrency? Well, you shouldn't. According to the Associated Press (AP), using the two interchangeably can create confusion. In its 2019 Stylebook, AP clarified on this and many other issues for journalists and other writers. And while the clarification isn't all that crucial, it signals something much larger; that cryptocurrencies have become a mainstream industry.

Link: CoinGeek

RobinHood Ransomware Attack that Paralysed Baltimore's Government

Baltimore's city government has been crippled for almost a month by a ransomware cyber-attack - and cities around the world could be next, experts fear.

The city's computer systems were outdated and IT experts failed to install adequate updates to protect against attacks, which would have stopped its spread.

This is an issue faced by almost all large companies and cities around the world and some in the tech sector fear that similar attacks will only grow in numbers.

Link: Daily Mail

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