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MicroKey is a Smart card that is used during authentication to establish an encrypted and authenticated session using TLS.

MicroKey offers both a high level of communication security and convenience for usage in many sectors. Online banking, remote access, online bookings and purchases, and secure voice communications is just some of these areas.

UBS Consortium Prepares to Launch USC Crypto Currency

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Its been a long time coming but UBS in conjunction with 13 of the worlds biggest banks plans to launch a Utility Settlement Coin (USC) next year for wholesale banking. The digital currencies could be used for clearing and settling trades between banks. The participants include Barclays, Santander, BNY Mellon, Credit Suisse, ING, CIBC, KBC and MUFG.

Facebook is reportedly developing GlobalCoin a likely cryptocurrency travesty

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According to rumours reported by Bloomberg, Facebook is developing a cryptocurrency to be initially released in India that will let its users transfer money on WhatsApp.  Apparently more hush hush but this is going to be a stablecoin pegged to the US dollar. There are further murmurings that there will be supporting assets to protect the value of the coins.

Which do you trust – the bank or the blockchain?

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 You read everywhere that the blockchain is the new secure way of doing almost anything including holding the accounts of your crypto currencies. This is quite misleading because your money is much safer in the bank than on the blockchain. Both the bank and blockchain are holding accounts where the difference is not so much about security but trust which puts the discussion into a business perspective. People new to the field of security often struggle to understand that it is the business that decides what level of risk they are prepared to accept.

There are a whole world of payment systems out there!

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Have you ever wondered what the differences are in how payment systems work?

With digital currencies constantly changing and evolving we feel it is still important to keep your feet on the ground and show you a core understanding in how these 8 key currency systems work in how they handle cash and online payments.

Equifax - A Post Mortem To Beat Any Movie Story

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The credit monitoring company which managed to lose the financially sensitive information of 143 million of its customers to hackers has just lost Richard Smith (Chairman and Chief Executive) and over the last few years Tony Spinelli who was in charge of Equifax’s security, Steve Van Wieren VP of Data Quality, and several other members of the security team.

The company is currently facing a $Bn payout. There will be more because many senior managers sold their shares apparently before hearing about the hack and before it became public information. Equifax has an interesting business model, it gets data for free from the banks provided by the consumers seeking credit and it then applies Artificial Intelligence to the data and sells the results back to the banks that gave it the data in the first place.

Founded in 1983

Microexpert has been at the forefront of cryptographic design and development since 1983, having grown organically over the last 30+ years we have consistently supported the industry in delivering the highest quality, and through continuous training and development shaped our team to deliver the best service to our clients.

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