American Express launches Amex Pay mobile payment solution in India

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American Express has introduced the ‘AMEX Pay’ mobile payment solution in India that allows eligible Cardholders to make contactless or QR code-based payments to merchants using the mobile app. The AMEX IN mobile app is available for Android and iOS.  The Eligible  Cardmembers need to log in to the ‘Amex IN’ mobile app and then register for Amex Pay. Once you have your card registered for Amex Pay, you can make a contactless payment. All you have to do is simply tap your device at a merchant’s contactless terminal. There is no need to open your Amex Mobile App to make a contactless payment. [HTML1] In order to make QR Code payments, just select the ‘Pay with Bharat QR’ option on the AMEX IN app, then scan the QR code, enter the amount if it is not pre-populated, enter your Card PIN then you should see the transaction successful message. You do not need to log in to your account to scan and pay using Amex Pay. All American Express credit or charge Card are eligible to use Amex Pay. You can use Amex Pay for payments wherever American Express contactless payments are accepted. Users can also make QR-Code payments wherever you see the American Express logo on a …
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Nearly 40% of American gamers play at work

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A new survey, released last week, suggests a good chunk of gamers are spending time on their favorite hobby at work — meaning several of you reading this article are gaming when you shouldn’t be. The survey, compiled by Limelight Networks, was taken by over 3,000 gamers across six countries: the US, UK, France, Germany, South Korea, and Japan. The questions ranged from “How many hours do you spend playing video games per week?” to “Will you continue to play online games or make purchases from a gaming website that has previously experienced a security breach or been hacked?” Perhaps…

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6 reasons why Latin American valuations are lagging behind Silicon Valley

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Latin American startups haven’t had the same valuations as Silicon Valley startups. This frustrates many Latin American entrepreneurs seeking investment, as they don’t understand why Latin American VCs aren’t doing deals at Silicon Valley valuations. There are important reasons why Latin American early-stage investment valuations are lower. For one, there are few acquisitions in Latin America, and when acquisitions do happen, they tend to be at lower valuations than their counterparts in other parts of the world. VCs need to make returns, or they’ll be out of business. Therefore, if exits are lower, the initial price that venture capitalists pay…

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Tim Cook airs views on American manufacturing, DACA, and Freedom of Speech

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Tim Cook’s political comments during today’s MSNBC interview touched on a number of areas, ranging from the government’s immigration policies and handling of DACA, to U.S. job creation, and his views on Apple’s handling of controversial content in apps and services usable on the company’s products.
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It’s official: Russia is targeting critical American infrastructure with ‘malicious cyberattacks’

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Russian cyber operatives are attacking critical American infrastructure such as energy grids, nuclear facilities, aviation systems, and water processing plants, according to the Federal Bureau of Investigation (FBI) and Department of Homeland Security (DHS). The report details numerous attempts, since at least March of 2016, where Russian cyber operatives targeted government entities and multiple US critical infrastructure sectors. Cybersecurity researchers at Symantec first described the threat in a report last September, noting the malware may actually be linked to an earlier wave from 2014. Analysis by both the FBI and DHS then confirmed a group of “distinct indicators and behaviors”…

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Meet the First American to Sell Her Home Using Blockchain

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On February 20, Vermonter Katherine Purcell did something extraordinary: She sold her home. And yes, people sell their homes every year—scores of them. But Purcell’s sale was fundamentally different: There’s a record of it on a blockchain.

In 2017, the city of South Burlington, Vermont, agreed to begin recording real estate transactions on the Ethereum blockchain as part of a pilot program with Propy, a real estate platform developed by a San Francisco-based startup. The idea behind Propy: it allows anyone to buy or sell real estate, anywhere, completely online. Propy’s blockchain records each step in the transaction, from expressing interest in a property to signing agreements to title transfers.

This makes the process more secure than sales conducted through traditional methods. A person couldn’t say they didn’t receive a payment or never signed a document, nor could they alter public records by hacking the city’s server. There’s an immutable record of every action on a virtually unhackable ledger.

As South Burlington City Clerk Donna Kinville told Government Technology in February, the pilot program consists of four levels, with the integration of Propy’s system increasing at each level. Purcell’s sale presumably falls under level one, in which the city’s processes remain unchanged. The only difference is that the paper title sent to the city included the location of the title transfer in Propy’s blockchain. If the project reaches level four, Propy will completely replace the software South Burlington currently uses to manage land records.

As for Purcell’s sale itself, logistically speaking, it wasn’t much different from any other. However, as Propy noted in a blog post, it was one of the very first government-sanctioned uses of blockchain for a public service.

“This first deal makes it much easier for the rest of the 49 states to iterate the process,” a source from Propy told Zero Hedge, a financial blog that posted screenshots of Purcell’s paperwork. “In fact, Arizona and Colorado are next.”

Ultimately, this single transaction could mark a turning point in the use of blockchain by government offices. Others could choose to give Propy a try, and blockchain startups focused on industries beyond real estate even have a better shot at convincing officials to take a chance on the technology now.

The post Meet the First American to Sell Her Home Using Blockchain appeared first on Futurism.

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American firm claims it can unlock encrypted iPhones running iOS 11 — for $15,000 and up

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Yet another security company is pitching high-paying customers on the ability to possibly crack iPhones running a version of iOS 11, Forbes reports. US-based firm Grayshift is reportedly advertising access to a $ 15,00o tool called GrayKey that offers 300 attempts to access data on encrypted iPhones, while a pricier $ 30,000 version offers unlimited attempts.

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Apple picks Sony’s Angelica Guerra to head up Latin American video programming

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The latest executive recruit for Apple’s worldwide video division is Angelica Guerra, who will take charge of Latin American programming, according to a report on Friday.
AppleInsider – Frontpage News

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Sony TV’s Angélica Guerra joins Apple as head of Latin American programming

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Apple officially confirmed it’d recruited Sony TV’s Angélica Guerra as a head of Latin American programming for Apple Worldwide Video, its original video content production arm…. Read the rest of this post here


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How Latin American governments are assisting their local startup ecosystems


Launching a successful startup is hard work. Launching a successful startup in an environment which lacks a supportive local business ecosystem and startup friendly government, can become nigh on impossible. Even in the startup mecca of Silicon Valley, guns remain less regulated than startups, and early stage companies continue to have their feet tied together with red tape, bureaucratic practices, and strict government regulations that limit their potential for growth. But while the governments of the world’s most advanced economies are still holding startups back on the starting line, administrations in emerging markets are recognizing the economic benefits of accessible…

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