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Cake day: June 13th, 2023

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  • I’m not talking about the banking regulatory system.

    Fintech - non-bank-certified money institutes - have a lot of duplicate regulatory requirements. Things like: certify PCI-DSS for payment processing, BUT ALSO certified for some kind of local framework which matches PCI-DSS 99% but has its own certification process and expenses etc., so it’s not as simple as just “doing what’s required”.

    Again, there’s a ton of regulations that are beneficial for the institutes and their customers, but there is also a lot of them that are hindrances because they’re duplicate or obsolete processes, red tape, and so on, stuff that serves little to no actual purpose but are essentially leftover regulations that have been superceded but not officially eliminated.







  • Facebook sadly does have a problem with copycat groups popping up that usually copy the original group to a great extent, and also spam invite everyone from said original group - then spam the copycat with the exact same posts as the original but usually fill it with referral link crap or straight up scam sites.

    And of course Facebook does nothing because who cares about fraud and IP theft and whatnot as long as it brings some income to the big blue fuckers?


  • It’s quite easy, actually. The entire world of money - e-commerce, fintech, literally any aspect that deals with finances, even a shitty accounting software - requires a SHITTON of money to get going.

    You have to deal with regulatory bullshit that takes up tons of resources and efforts and money. You have to deal with partnerships to make your product viable - also a big money sink. You have to pay for marketing, licensing, accreditation, the list goes on.

    Good fintech engineers - let them be backend, frontend, security, etc. - are also super expensive. I make good money in my current Android engineer job, but I know people with lesser skills and experience whom are making 2-3x as much just because they fit into the whole fintech image (good looking, suit wearing, etc.), and have sold themselves to a company that had the funds for their “skills”. So yeah, a fintech company can spend 4-8x as much on just their personnel than a regular tech company…

    Then of course you have the higher leadership and C-suite who also like to pad their pockets. I did a short stint at a fintech company, and came away appalled after the CFO, during a company outing, quite drunk, told me how he’s basically pocketing about half a million GBP as his “salary” every month, not to mention the income he manages from providing “certain services” to “certain elements”… heavily implied that these elements happen to be criminal in nature. Mind you this is the same guy who tried to haggle down my annual salary during the initial interview, even though I was more skilled than the role they wanted to fill… so yeah, fintech is either 1, super lucky (see e.g. Revolut), 2, super dirty or 3, dead in the water.






  • Unlike DRAM, which is quite universal, most manufacturers of motherboards specialise in a specific direction. Asus, MSI, etc., hell, most of the consumer market players, have specialised in gaming oriented motherboards.

    Do you know what a server motherboard doesn’t need?

    • 4 different RGB headers
    • various gamer crap baked into the motherboard
    • gamer branding all over the place

    what they need is:

    • specially formatted motherboards with built in IPMI or similar remote management systems
    • dual CPU sockets in most cases
    • tons of PCIe lanes available for interconnect fabric, GPUs, and so on

    the two markets simply don’t mesh. Asus losing 25-30% of its market practically overnight because people can’t afford to buy RAM, SSD, etc. does not negate the fact they need sales to survive, so what they’ll do is drop prices, lowering their profit margin, just so they’re not sitting on unsellable stock.




  • fonix232@fedia.iotoLemmy Shitpost@lemmy.worldSay gex
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    12 days ago

    Homophobia is, in about 90% of the cases, caused by projection of self-hatred, or resentment of the fact that others are allowed to be openly gay without repercussions, while the person in question is stuck having to pretend they’re straight.


  • I’d argue that there are cases when people’s access to a service should be legally upheld.

    Say, you bought an iPhone, Apple Watch, the whole Apple entourage. Then your account gets flagged and blocked for something stupid - and bam, the hardware you just spent a few thousand dollars on is unusable, any apps/services you bought via the Apple account are inaccessible, you lost your notes, contacts, emails, cloud storage, and so on.

    With Google or Samsung it’s slightly less problematic as you don’t HAVE to use their service accounts to use your hardware. But it is an outstanding issue where these companies have become de facto monopolies in certain market segments and can’t be avoided to deal with - and it’s up to their whims if you get to use certain services.

    There’s been actually a number of instances where this kind of issue landed near me. I’m an android engineer and had TWO previous employers who’s got their Play Store accounts suspended because a developer that worked in relation with those accounts 5-7-10 years ago, ended up having their account hacked then promptly suspended once it was used for fraud - and the employer’s account was “an associated account” thus it got the suspension too.

    There’s very little oversight over the operation of these companies, again, they do as they wish, if a slightly higher-up manager has a personal beef with you, you can find yourself banned from their services, causing financial and professional damage and so on. So no, I disagree, at times, companies do need to be legally forced to provide their services.

    Mind you, the Taint case is not such a time.


  • A lot of stores here in the UK already employ facial recognition if you walk in.

    It stops known shoplifters throughout stores (so if you shoplifted in a Nottingham Tesco’s, be prepared to be banned from Sainsbury’s in Swansea), but it also tracks your shopping so it’s being sold as a convenience feature - you walk up to a till and it already knows what’s in your basket and how much you need to pay.

    Oh and while you walk through the stores, you get targeted advettisements that’s already connected to your online identity. You looked up symptoms of PCOS? Have fun being blasted with hair removal product ads throughout your shopping.

    It’s pretty fucking dystopian, yes. My local corner shop doesn’t need to know my shopping habits. It won’t sell me more milk or bread. And I won’t be buying that new type of chicken nuggies no matter how hard they try to sell it. I’m perfectly happy with what I want to buy, I don’t need or want optimised ads.