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Whenever cybersecurity is discussed, the topic of biometric authentication rises alongside it as a better, more effective, more secure method of security. But is it? Do biometrics actually provide a safer way to complete purchase transactions online?

“Biometrics are a device-specific authentication method,” said Madeline Aufseeser, CEO of online fraud prevention company Tender Armor, of the ways biometric authentication is presently used to secure a digital purchase transaction (as opposed to logging into a bank’s web site, to view an account or transfer money). “Typically the same biometric method does not work across multiple purchasing channels today. The fingerprint used to make a purchase with a smartphone cannot necessarily be used to authenticate a phone order purchase or purchase made with a computer. When you confirm [a purchase transaction] with your fingerprint on a smartphone, all that’s saying is that’s the same fingerprint that’s allowed to use this phone, or the specific application on the phone. Because the fingerprint is only resident and stored on the phone, the phone is authenticating itself, not the cardholder conducting the transaction.”

This sounds a little odd compared to what we might have heard about the capabilities of biometrics previously, mainly because it goes against a core assumption: that a biometric identifier (like a fingerprint) goes with transactional data, from the phone or device, to the payment processor, to the merchant.

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2 November 2016. Two companies partnering with Auburn University developed a synthetic virus to find and destroy tumor cells in a type of bone cancer in dogs. Financial and intellectual property aspects of the agreement between synthetic gene company Gen9 in Cambridge, Massachusetts, design systems developer Autodesk Inc. in San Rafael, California, and Auburn University College of Veterinary Medicine in Alabama were not disclosed.

The research team created a synthetic version of canine adenovirus type 2, or CAV2, a virus usually associated with hepatitis in dogs. In this case, the synthetic CAV-2 virus is designed as an oncolytic virus that finds and attacks cancer cells, while leaving healthy cells and tissue intact. The genome in the organism is believed to be the longest in a functional virus synthesized for cancer research, with about 34,000 base pairs of nucleic acids. The human genome, by comparison, has about 3 billion base pairs.

The technology provided by Gen9 in this project makes it possible to eventually produce synthetic therapeutic viruses tailored for specific patients. Gen9 offers customized gene synthesis and is developing a library of synthesized proteins and antibodies. One of the 4 year-old company’s founders is George Church, a geneticist at Harvard Medical School and serial entrepreneur. In August 2016, as reported in Science & Enterprise, Church and colleagues, including those from Gen9, developed a synthetic E. coli bacteria genome with redundant DNA components removed.

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Anyone who does not have QC as part of their 5+Yr Roadmap for IT are truly exposing their company as well as shareholders and customers. China, Russia, Cartels, DarkNet, etc. will use the technology to extort victims, destroy companies, economies, and complete countries where folks have not planned, budget, skilled up, and prep for full replacement of their infrastructure and Net access. Not to mention companies who have this infrastructure will provide better services/ CCE to svc. consumers.


In a recent article, we highlighted a smart beta ETF called the “Sprott BUZZ Social Media Insights ETF” that uses artificial intelligence (AI) to select and weight stocks. If we stop and think about that for a moment, that’s a pretty cool use of AI that seems well ahead of its time. Now we’re not saying that you should go out and buy this smart beta ETF right away. It uses social media data. We know that on social media, everyone’s an expert and many of the opinions that are stated are just that, opinions. However some of the signals may be legitimate. Someone who just bought Apple is likely to go on telling everyone how bullish they are on Apple shares. Bullish behavior is often accompanied by bullish rhetoric. And maybe that’s exactly the point, but the extent to which we’re actually using artificial intelligence here is not that meaningful. Simple scripting tools go out and scrape all this public data and then we use natural language processing (NLP) algorithms to determine if the data artifacts have a positive or negative sentiment. That’s not that intelligent, is it? This made us start to think about what it would take to create a truly “intelligent” smart beta ETF.

What is Smart Beta?

We have talked before about how people that work in finance love to obfuscate the simplicity of what they do with obscure acronyms and terminology. Complex nomenclature is suited for sophisticated scientific domains like synthetic biology or quantum computing but such language is hardly merited for use in the world of finance. We told you before what beta is. Smart beta is just another way of saying “rules based investing” which has in fact been around for centuries, but of course we act like it’s new and start publishing all kinds of research papers on it. In fact, a poll offered up by S&P Capital IQ shows that even 1 out of 4 finance professionals recognizes the term “smart beta” to be little more than a marketing gimmick:

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Wall Street watchdogs turn to AI: System can scan markets and even chat rooms for rogue traders…


Artificial intelligence programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats.

Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind.

Executives are hoping computers with humanoid wit can help mere mortals catch misbehavior more quickly.

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Artificial intelligence is a “momentous development,” said George Lee, co-chairman of the global technology, media and telecom group at Goldman Sachs.

“As awesome as the internet has been, it will be best remembered as really the predicate for machine learning,” said Lee, who’s also chief information officer of Goldman’s investment banking division. He appeared on CNBC’s “Squawk Alley” on Wednesday from Goldman’s Builders + Innovators Summit in Santa Barbara, California.

The internet enabled computing scale in a network and serves as a way to “collect data that’s used to train all these algorithms,” Lee said, predicting machine learning will “change our world … and even the course of our species in ways that are hard to predict today.”

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Group metals, a lil history on aluminum, technology needed, space law and more. The one great idea presented here is that many folks think stuff will be brought back to Earth. Though there would be some of that the resources out there will be used out there.


As Humans venture out far away from the Earth into the solar system, they will need material resources to keep us going. Where do we get those from? One for-profit company, Planetary Resources, wants to be the one to make it happen.

We had a chance to speak with the company’s President and CEO, Chris Lewicki about the company’s plans to survey, prospect, and exploit near-Earth asteroids. The company has a lot of financial backing and has plans to send its first satellite to an asteroid in 2020.

This interview was originally broadcast as part of our ongoing Facebook Live segment, The Convo: https://www.facebook.com/PCMag/videos/10154546668188396/

You can see more of our past interviews here: http://www.pcmag.com/article/346681/the-convo-pcmag-nerds-it…-interesti

I never get tired of articles highlighting the potential around leveraging Quantum teleporting as a method to replace networks and communications. Now the real question is how soon and how much of the existing infrastructure will need to be replaced to begin taking advantage of this technology earlier than others? As with most things, governments are often early adopters as well as Financial Services and ISPs are a close 2nd in the adoption of such technologies.


An experiment conducted about quantum teleportation could improve and transform the modern phone and Internet communication by having highly secure and encrypted messaging.

A recent study has suggested that comet outbursts are caused by avalanches and not geysers.

Will the testing of the new electric aircraft start a revolution in the aviation industry? Read what NASA has to say.

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California Space Center announces blockchain system for space economy

California Space Center (CSC) founder Eva Blaisdell announced in a press release sent to CoinReport the launch of “Copernic,” a blockchain-based, finance-focused rights management system developed for the space industry.

Named after legendary Polish astronomer Copernicus, Copernic will provide the infrastructure for the future space economy and ecosystem to be built upon, said CSC.

After mentioning that Elon Musk, the legendary founder of SpaceX, Tesla and PayPal recently presented plans at the ICA in Guadalajara outlining the next era of space exploration and the first steps towards colonization, the press release went on to say that Copernic was designed to be a platform for the space colonization era. With a system designed to be functional both on Earth and in space, Copernic, said CSC, plans to provide the ecosystem with an effective and transparent platform for the registration of rights and transfer of value.

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