Skip to main content

Data, oil, pipes

I was amazed to hear at Vendorcom that 30% of population's income doesn't get reconciled at HMRC and DWP for reasons such as they only handle RTI from BACS and lots of people use faster payments.

Now I understand! Having recently had occasion to send money to HMRC, I was very surprised to receive a threatening letter from them a month or so later. I can't remember exactly what it said, but it was something along the lines of "we've giving up on chasing Google and Richard Branson, so if you don't send us tenner the boys are coming round to sort you out". Shocked, I logged on to my HMRC business account to see that it said that a) I owed them the tenner and b) I'd sent them a tenner that was sitting there "unallocated". I phoned up and the nice woman up North somewhere said that she would "allocate" the tenner to the money I owed them and it was all good. Afterwards, I did wonder why they thought I'd sent them a tenner (ie, was it for no reason, as they seem to have assumed, or was it in payment for the tenner I owed them).

Comments

Popular posts from this blog

new survey results from USA Technologies (USAT) suggest. The payments technology company, which enables electronic payments for self-service machines, compared consumer spending activity at 35 of its vending machines in urban areas with a high concentration of iPhone users between week one and week four of the installation of new digital signage promoting Apple Pay. Consumers made more contactless purchases: The vending machine providers saw an average contactless transaction revenue increase of 89%, implying that consumers are making more mobile payments. This was likely driven by the clear advertisement of Apple Pay. Total transactions increased: Consumers made more purchases overall. This was probably driven by an uptick in mobile payments, given the major increase in contactless transaction revenue. And the vending machines may have attracted many first-time users who were drawn in by the digital advertising of Apple Pay. Boosting awareness is key to unlocking pent-up demand amon...

David | LinkedIn

Alex Todd rather kindly called this a “most lucid explanation of digital identity management” I would highly recommend this presentation to anyone interested in understanding prospective blockchain based identity architectures From David | LinkedIn This is very kind, but as I said in the link, this is thinking out loud and far from a fully-developed solution. We’re working on parts of this for different clients and I can see that there is something there - a genuinely new way of solving some old problems - but it’s early days.

We could fix mobile security, you know. We don't, but we could

Earlier in the week I blogged about mobile banking security , and I said that in design terms it is best to assume that the internet is in the hands of your enemies. In case you think I was exaggerating… The thieves also provided “free” wireless connections in public places to secretly mine users’ personal information. From Gone in minutes: Chinese cybertheft gangs mine smartphones for bank card data | South China Morning Post Personally, I always use an SSL VPN when connected by wifi (even at home!) but I doubt that most people would ever go to this trouble or take the time to configure a VPN and such like. Anyway, the point is that the internet isn’t secure. And actually SMS isn’t much better, which is why it shouldn’t really be used for securing anything as important as home banking. The report also described how gangs stole mobile security codes – which banks automatically send to card holders’ registered mobile phones to verify online transactions – by using either a Trojan...