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Alipay, the country’s top mobile payment platform, announced on Tuesday a major anti-fraud u
pgrade on its application by teaming up with 26 p
ublic security departments nationwide. The new function, dubbed “Security Guard”, allows users to set up related accounts among f
amily members or close friends. Should any abnor
malities on transactions occur, the system would send out alerts to all related accounts in order to prevent the fraud from materializing and minimize loss of funds.
“Security is t
he lifeline of Alipay, and we hope to fight fraud in a manner as harsh as dru nk driving,” said Rui Xiongwen, vice-president of Ant Financial, Alipay’s parent company.
s can choose to delay payment for two hours or 24 hours and raise an alert on the platform if they deem such transactions potentially misdirected or fraudulent.
The system has been linked to local public security authorities to help freeze any transaction
s in doubt. The money will be credited back to the user’s account if authorities determine fraud has been committed.
A number of local anti-fraud centers in cities like Beijing, Shanghai and Shenzhe
n also pledged to cooperate with Alipay on financial security education and anti-fraud alarming systems.
On Sunday, China’s tech giant Huawei officially unveiled Huawei Mate X, its first foldable smar
tphone. That came just five days after Galaxy Fo
ld, the first foldable smartphone of Samsung. But fol dables might not be the future of smartphones, comment two experts with China Daily’s Zhang Zhouxiang:
hua, a renowned industrial designer with 20 years’ experience in smartphone engineering Some media outlets have described foldable smartphones with so many sweet w
ords as if they were a technological breakthro
ugh. Unfortunately, they are not. The te chnology of foldable displays were invented as early as 20 years ago in a quite easy way — By replacing the glass th
at supports the display with foldable organic m
aterials. Such displays can not only fold, but also curve. Concerning the foldable screens of Huawei and Samsung, they have better displays with higher density rate and cl
earer, more stable display performance, but in essence they are still using the same technology. Therefore, f
oldable smartphones are more like a consumption-led innovation rather than a technology
said Van Jackson, a former Defense Department official in the Obama administration.
”Historically, there have been many — I know of half a dozen instances myself personally
— where senior North Korean officials were brought around and shown what capi talist industrialism looks like. They were shown what the stock market floor looks like on the
New York Stock Exchange, or they were brought out to so me tech lab in Silicon Valley,” said Jackson, author of “On the Brink: Trump, Kim, and the Threat of Nuclear War.”
”We’ve shown them what capitalism looks like … the idea that they will see something in Vietn
cally that triggers something different than what we’ve shown them before is kind of non sense.”There’s something for both Washington and Pyongyang to like when studying the US-Vietnam relationship.
For North Korea, it’s an example of a single-party communist country that reformed i
ts economy without democr atizing. For the United States, it’s an example of how to redefine a relationship and make a buck at the same time.
In 1995 — the year Hanoi and Washington normalized relations — US exports to and imports from Vietnam were
worth just $252 million and $199 million respectively. However in the first 11 months of 2018, the US exported more th
an $8 billion worth of goods to Vietnam and imported goods worth $45 billion, according to US Census figures.
PYONGYANG — Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK), left here Saturday afternoon by train f
or Vietnamese capital Hanoi for the second D
PRK-US summit, the official Korean Central News Agency (KCNA) reported Sunday. Kim will meet with US President Donald Trump there on Feb 27-28. Their first meetin
g was held i
n June 2018 in Singapore, which resulted in improved bilateral relations. Kim will pay an official visit to Vietnam at the invitation of Vietnamese President Nguyen Phu Trong before his meeting with Trump.
Kim was a
ccompanied by Kim Yong-chol, Ri Su-yong, Kim Phyong-hae and O Su-yong, members of th e Political Bureau and vice-chairmen of the Central Committee of the Workers’ Party of K
orea (WPK), Ri Yong-ho, member of the Political Bureau of the WPK Central Com
d foreign minister, No Kwang-chol, alternate member of the Po litical Bureau of the WPK Central Committee and minister of the People’s Armed Forces, among others, said the KCNA.
Kim was seen off at Pyongyang Railway Station by Kim Yong-nam, Choe Ryong-hae and Pak Pong-ju, members of the Presidium of the Political Bureau of the Cen
tral Committee of the WPK, and other senior officials of the party, government and armed forces, said the KCNA.
Council, was critical of Trump at a rally Saturday.
”The US has long been dealt blows by our country
and our region and thus regularly bares its warmongering teeth,” Shamkhani said, according to state-run Press TV. ”And when a missile is tested thousands of kilometers away, after (issuing emp
ty) threats, all their preside nt does is put out a tweet,” he said in an apparent reference to North Korea’s missile tests.
Iran Hostage Crisis Fast Facts
Shamkhani said the United States is rethinking the election of Trump.
an politicians and people are having second thoughts about their choice of presi dent and acknowledge that the US has been defeated in materializing its foreign policy,” Shamkhani said.
Iran’s Supreme Leader, Ayatollah Ali Khamenei, sai
d this week that Iran must resist the United States. ”Giving in to the US will make it impudent; the only way is to resist,” Khamenei said.
”We must have faith,” Juventus coach Max Allegri told BT Sport.
”We’ll have some players back and there’s no p
oint crying over spilled milk. We knew it was going to be tough, that Atletico Mad rid force you to play badly, with a slow tempo. We moved the ball quicker in the first half, but not in the second.
”We got t
he approach wrong in the second half. It’s that simple. These things can happen, there will be great disappoint ment after this 2-0, but we can turn it around. It won’t be easy, we need a great second le
g, but it can be done and we must have faith.” In the night’s other game, 10-man Manchester City came from behind to win 3-2 at German side Schalke.
Nabil Bentaleb scored two first-half penalties
to cancel out Sergio Aguero’s opener and ensure Schalke led 2-1 at the interval. City hit back in the second half, recovering from losing Nicolas Otamendi to a re
d card before goals from Leroy Sane and Raheem Sterling secured victory.
Pep Guardiola’s team had looked in control before the game was turned on its head by VAR.