Article: How banks can leverage technology to explore the digital economy

Money, Open Governance

How banks can leverage technology to explore the digital economy

The classical banking world is in a state of radical change. Interest rates are low and revenues are dwindling. Challenger and neobanks are dominating the customer interface. Traditional players design their digital opportunities primarily from their viewpoint, focusing on their banking products, and becoming financial superstores for customers.

With open banking and open finance, financial institutions are now required to work more closely with non-banking players, often outside the world of finance. Digitization of key spheres of a customer’s lifestyle provides a plethora of opportunities for both banks and non-banks to create value services across shopping, housing, recreation, and healthcare. A winning strategy will be to surround end-customers with convenient digital services with easy access and the right pricing.

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Article: Open-Source Versus Patent Monopoly Financing of Drug Development

Cures, Open Governance, Open Health, Standards

Open-Source Versus Patent Monopoly Financing of Drug Development

It is often said that intellectuals have a hard time dealing with new ideas. Unfortunately, for purposes of public debate, open-source government funding of drug development is a new idea, and people in policy positions seem to be having a very hard time understanding it. So, I will try to write this post in a way that even a policy wonk can figure it out.

The basic idea of government-funded research should not be hard to grasp since the government already funds a large share of biomedical research.

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Article: How Bellingcat’s Online Sleuths Solve Global Crimes Using Open Source Info

Access, Open Decision-Support, Open Source, Research

How Bellingcat’s Online Sleuths Solve Global Crimes Using Open Source Info

This is FRESH AIR. I’m Terry Gross. Crowdsourcing has created a new form of online open-source investigation, as epitomized by the group Bellingcat that was founded by my guest, Eliot Higgins, in 2014. Higgins and people affiliated with Bellingcat, while at their computers.

Have uncovered evidence that Syrian dictator Bashar al-Assad fired chemical weapons at his own people, figured out who controlled territory during the Libyan civil war, identified the Russian intelligence agents alleged to have poisoned MI6 double agent Sergei Skripal and his daughter Yulia and found evidence that the 22-year-old woman alleged to have stolen Nancy Pelosi’s laptop on January 6 was a neo-Nazi sympathizer who used coded neo-Nazi language in a video and in that video gave the Heil Hitler salute.

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Article: Court demands that search engines and internet service providers block Sci-Hub

Open Governance, Open Source, Politics, Standards

Court demands that search engines and internet service providers block Sci-Hub

The American Chemical Society (ACS) has won a lawsuit it filed in June against Sci-Hub, a website providing illicit free access to millions of paywalled scientific papers. ACS had alleged copyright infringement, trademark counterfeiting and trademark infringement;  a district court in Virginia ruled on 3 November that Sci-Hub should pay the ACS $4.8 million in damages after Sci-Hub representatives failed to attend court.

The new ruling also states that internet search engines, web hosting sites, internet service providers (ISPs), domain name registrars and domain name registries cease facilitating “any or all domain names and websites through which Defendant Sci-Hub engages in unlawful access to, use, reproduction, and distribution of the ACS Marks or ACS’s Copyrighted Works.”