Extracting Data from Smart Scale Gives Rube Goldberg A Run For His Money

[Kevin Norman] got himself a smart body scale with the intention of logging data for his own analysis, but discovered that extracting data from the device was anything but easy. …read more Continue reading Extracting Data from Smart Scale Gives Rube Goldberg A Run For His Money

Financial tech firms disagree on ban of customer data screen-scraping

They use it to offer things like budgeting apps. It puts passwords and privacy at risk, but some say they can’t afford to build APIs instead. Continue reading Financial tech firms disagree on ban of customer data screen-scraping

FS-ISAC releases API for safer data sharing

An association of banks and financial technology companies has released a tool that it hopes will help financial institutions securely share data about consumers across the online financial tools that they use. The Financial Services Information Sharing and Analysis Center (FS-ISAC) is releasing an application programming interface (API) in order “to foster universal adoption of a more secure and robust data sharing framework,” according to a statement released on Tuesday. “Over a lifetime, consumer data may be scattered throughout several financial institutions,” the FS-ISAC says, which creates a need for consumers to log into multiple accounts to manage loans, deposits, payments and investments. The new API tokenizes sensitive user information, which the association says facilitates and secures the transfer of data from company to company. “Creating a standard API for secure data sharing benefits everyone in the data aggregation ecosystem,” FS-ISAC Chief Operations Officer Eric Guerrino said in a release. […]

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PSD2: Commission Provides Long-Awaited Update on RTS and Screen-Scraping

Many European banks, banking associations and fintech companies are currently waiting for the Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA) and Common and Secure Communication (CSC) to be adopted by the European Commissi… Continue reading PSD2: Commission Provides Long-Awaited Update on RTS and Screen-Scraping