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MARCO_18_2910049991-8
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Even if we are a simulated reality, there is no way to be sure the beings running the simulation are not themselves a simulation and the operators of that simulation are not a simulation. ' Recursive simulation involves a simulation or an entity in the simulation, creating another instance of the same simulation, running it and using its results' (Pooch and Sullivan 2000). In August 2019, philosopher Preston Greene suggested that it may be best not to find out if we're living in a computer simulation since, if it were found to be true, such knowing may end the simulation. (Greene's suggestion is similar to Douglas Adams' humorous idea presented in his novel 'The Hitchhiker's Guide to the Galaxy': that if anyone in the Universe should actually work out 'The Meaning of Life, the Universe and Everything ', it would instantly disappear and be immediately replaced with something 'even more complex and inexplicable'.) Philosophical and religious implications Some philosophers and authors ( Nick Bostrom 's “Are You Living In a Computer Simulation?”, Jean Baudrillard 's “Simulacra and Simulation”, Iurii Vovchenko's “Answers in Simulation”) tried to address the implications of the simulated reality on mankind's way of life and future.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382627"
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MARCO_18_2910246170-7
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Criticism of Bostrom's anthropic reasoning Further information: Anthropic principle Bostrom argues that if 'the fraction of all people with our kind of experiences that are living in a simulation is very close to one', then it follows that we probably live in a simulation. Some philosophers disagree, proposing that perhaps 'Sims' do not have conscious experiences the same way that unsimulated humans do, or that it can otherwise be self-evident to a human that they are a human rather than a Sim. Philosopher Barry Dainton modifies Bostrom's trilemma by substituting 'neural ancestor simulations' (ranging from literal brains in a vat, to far-future humans with induced high-fidelity hallucinations that they are their own distant ancestors) for Bostrom's 'ancestor simulations', on the grounds that every philosophical school of thought can agree that sufficiently high-tech neural ancestor simulation experiences would be indistinguishable from non-simulated experiences. Even if high-fidelity computer Sims are never conscious, Dainton's reasoning leads to the following conclusion: either the fraction of human-level civilizations that reach a posthuman stage and are able and willing to run large numbers of neural ancestor simulations is close to zero, or we are in some kind of (possibly neural) ancestor simulation.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382627"
}
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MARCO_35_313211833-6
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Physicists simulate space, and the subatomic particles in it, using coordinates on a grid. So nuclear physicist Silas Beane and some colleagues suggested in a 2014 paper that perhaps the mass simulation we could be living in would use that same coordinate system. Their logic was that if certain particles — like high-energy cosmic rays — always exhibit a maximum energy level (which, it turns out, they do), then the constraints on their behavior could be due to the simulation's underlying grid. 'There always remains the possibility for the simulated to discover the simulators,' the authors said in the paper. But we may never know the answer Many scientists argue, however, that we'll never be able to figure out whether or not we're living in a simulation. Marcelo Gleiser, a physicist and philosopher at Dartmouth College, told New Scientist that trying to address Bostrum's question based on our current knowledge and technological capabilities is pretty hopeless. That's because if we were really in a simulation, scientists wouldn't have any idea about the laws of physics in the 'real world' outside. They also wouldn't know what kinds of computations would be possible outside the bounds of our simulation, Gleiser said.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382628"
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KILT_247365-2
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His argument states that at least one of the following statements is very likely to be true: Bostrom's argument rests on the premise that given sufficiently advanced technology, it is possible to represent the populated surface of the Earth without recourse to digital physics; that the qualia experienced by a simulated consciousness are comparable or equivalent to those of a naturally occurring human consciousness, and that one or more levels of simulation within simulations would be feasible given only a modest expenditure of computational resources in the real world. If one assumes first that humans will not be destroyed nor destroy themselves before developing such a technology, and that human descendants will have no overriding legal restrictions or moral compunctions against simulating biospheres or their own historical biosphere, then, Bostrom argues, it would be unreasonable to count ourselves among the small minority of genuine organisms who, sooner or later, will be vastly outnumbered by artificial simulations. Epistemologically, it is not impossible to tell whether we are living in a simulation. For example, Bostrom suggests that a window could 'pop up' saying: 'You are living in a simulation. Click here for more information.'
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{
"last_modified_datetime": "2024-04-12T16:39:48.382629"
}
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MARCO_14_1571463715-3
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Bostrom points out that the only way we could be sure is if a message popped up in front of our eyes saying: “You are living in a computer simulation.” Or, he says, if the operators transported you to their reality (which, of course, may itself be a simulation). Although we are unlikely to get proof, we might find some hints about our reality. “I think it might be feasible to get evidence that would at least give weak clues,” says Bostrom. Economist Robin Hanson of George Mason University in Fairfax, Virginia, is not so sure.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382629"
}
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MARCO_18_2910049991-3
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We are living in a reality in which posthumans have not developed yet and we are actually living in reality. We will have no way of knowing that we live in a simulation because we will never reach the technological capacity to realize the marks of a simulated reality. Bostrom's argument rests on the premise that given sufficiently advanced technology, it is possible to represent the populated surface of the Earth without recourse to digital physics; that the qualia experienced by a simulated consciousness are comparable or equivalent to those of a naturally occurring human consciousness, and that one or more levels of simulation within simulations would be feasible given only a modest expenditure of computational resources in the real world. If one assumes first that humans will not be destroyed nor destroy themselves before developing such a technology, and that human descendants will have no overriding legal restrictions or moral compunctions against simulating biospheres or their own historical biosphere, then, Bostrom argues, it would be unreasonable to count ourselves among the small minority of genuine organisms who, sooner or later, will be vastly outnumbered by artificial simulations. Epistemologically, it is not impossible to tell whether we are living in a simulation. For example, Bostrom suggests that a window could pop up saying: 'You are living in a simulation. Click here for more information.'
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{
"last_modified_datetime": "2024-04-12T16:39:48.382630"
}
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MARCO_23_1070091829-6
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The fundamentals of this theory date back to Descartes, who asked, “How can we know that the world around us is real—are we just a brain in a vat, which thinks it’s living in the real world?” Instead of being brains in a vat, however, most modern supporters of this notion think we’re in a computer simulation designed by advanced aliens. These aliens are capable of harnessing enough energy to manipulate matter and energy on galactic scales. Why would the aliens want to watch us like ants in a farm? Maybe just for fun, or maybe they just made us to see if they could. As unlikely as the Planetarium Hypothesis may sound, professional philosophers and physicists are serious about this idea. They say that we’re more likely to be artificial intelligences in a fabricated world than to have our own minds. Furthermore, we will likely discover the simulation, since we’ll inevitably notice a glitch in the system or devise an adequate test to prove the theory. 5 We Live In The Cosmic Boonies Although intelligent alien life might exist, our planets may be too far apart to make communication practical or purposeful. Earth may be so far away from other inhabited planets that we’ve simply been overlooked.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382630"
}
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MARCO_48_104435441-6
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“You could certainly imagine a scenario where a window pops up in front of you, saying, ‘You are in a simulation; click here for more information,’” he says. “That would be a knock-down proof.” More realistically, physicists have proposed experiments that could yield evidence that our world is simulated. For example, some have wondered if the world is inherently “smooth,” or if, at the smallest scales, it might be made up of discrete “chunks” a bit like the pixels in a digital image. If we determine that the world is “pixelated” in this way, it could be evidence that it was created artificially. A team of American and German physicists have argued that careful measurements of cosmic rays could provide an answer. What if we did confirm that we were living in a simulation? How would people react upon learning that our world and thoughts and emotions are nothing more than a programmer’s zeroes and ones? Some imagine such knowledge would disrupt our lives by upending our sense of purpose and squashing our initiative. Harvard astronomer Abraham Loeb says the knowledge could even trigger social unrest. Knowing that our thoughts and deeds aren’t our own could “relieve us from being accountable for our actions,” he says.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382631"
}
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MARCO_04_654519061-8
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Smoot adds that, given how widespread we now know other planets to be ( with another Earth-like one right on our cosmic doorstep ), it would be the height of arrogance to assume that we are the most advanced intelligence in the entire Universe. What about option (2)? Conceivably, we might desist from making such simulations for ethical reasons. Perhaps it would seem improper to create simulated beings that believe they exist and have autonomy. But that too seems unlikely, Smoot says. After all, one key reason we conduct simulations today is to find out more about the real world. This can help us make the world better and save lives. So there are sound ethical reasons for doing it. View image of This video is no longer available That seems to leave us with option (3): we are probably in a simulation. Some scientists argue that there are already good reasons to think we are inside a simulation But this is all just supposition. Could we find any evidence? Many researchers believe that depends on how good the simulation is. The best way would be to search for flaws in the program, just like the glitches that betray the artificial nature of the 'ordinary world' in The Matrix. For instance, we might discover inconsistencies in the laws of physics.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382631"
}
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MARCO_10_804773259-1
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10 Creepy and Unexplained Glitches in Reality | What to Do When Bored Tag: Aliens → Paranormal 10 Creepy and Unexplained Glitches in Reality Flickr | Ji Hoon Lee Glitches in reality might just be some of the weirdest phenomenon occurring today. Also known as 'glitches in the matrix,' these unusual events help provide evidence to the theory that our existence may be nothing more than part of a computer simulation. In other words, the plot of the movie The Matrix is our reality. All of our human bodies are being used as batteries to power up and give life to our machine overlords. Okay, human bodies actually make extremely poor batteries for machines and that's a discussion all on its own. Putting aside the fact that the entire premise for The Matrix is flawed (despite it being a great movie), the idea remains that there are some really weird glitches in reality happening. Want to know the best part? Some of them have been captured on video and by camera. Below, take a look at some of the creepiest and most unexplained glitches in reality that have visual evidence to back them up. 1. The ghost car that disappears during a police chase Does this sound weird? That's because it is.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382632"
}
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MARCO_25_365440623-3
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As noted by Fast Company, storing just 20 spins of one particle using this model would require one terabyte of RAM. The Nature of Reality So what happens if we’re living in a simulation? Some experts theorize that as the program continues to run, problems will emerge — glitches in the matrix, so to speak. Consider the 2017 Oscars gaffe, when old-Hollywood musical “La La Land” was mistakenly given the award for best picture. Cast and crew arrived on stage to deliver their speeches while chaos ensued behind the scenes, culminating in a mea culpa that announced the real winner: “Moonlight .” What does this say about simulation theory? According to The New Yorker, some philosophers — such as David Chalmers of NYU — suggest that increasingly bizarre events in the “real” world may be evidence that our universe is someone else’s simulation. Beyond universe simulation, these events may represent divergent “points” in reality; in another universe the mix-up didn’t happen. In another reality, “La La Land ” actually won. Every choice, no matter how minuscule, could create its own universe. Another option is multiverse theory, where our universe is just one of many with its own set of physical laws and properties.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382633"
}
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MARCO_31_291140722-1
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10 Terrifying Glitch in the Matrix Stories | Futurism 10 Terrifying Glitch in the Matrix Stories by Sasha Konikovo 2 years ago in fact or fiction Is reality what we really think it is or was 'The Matrix' spot on? If you read these glitch in the matrix stories, you may just start wondering the same thing... Did you ever have a moment where you recalled something that everyone else seems to remember differently? If so, you are probably well aware of the Mandela Effect. The Mandela Effect is defined as the phenomenon of a large group of people misremembering a particular event or aspect of the past. The Mandela Effect can be creepy when you find out that your favorite childhood book series was called The Berenstain Bears, or that Darth Vader never said, 'Luke, I am your father.' However, a 'glitch in the matrix,' as its called, takes things a bit further. These are situations that make people wonder if we are all part of a giant simulation, such as what you may have seen in The Matrix. With these situations, it's not that you've misremembered something. Rather, something happens that defies the laws of physics, bends time, or ultimately changes reality in a way that cannot be explained.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382633"
}
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MARCO_31_430990620-4
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Strange Phenomena Furthermore, if we are living in a simulated reality, it also explains certain non-scientific phenomena; déjà vu, ghosts and other paranormal activity could be glitches in the program, psychic ability and intuition could simply be the result of accessing information within the program, reincarnation could be pre-programmed memories, or past life memories could be alternate running simulations. The Simulation Theory can also explain alien abductions, UFO sightings and other strange super-natural phenomena — because anything is possible in a virtual reality. Even miracles can be easily legitimized by quantum jumping, shifting parallel universes or a radical change in programming where the programmer answers your prayers by rewriting specific code. The Simulation Theory also explains how two or more people can have different experiences in the same situation or conflicting memories, and, in fact, there is a phenomena known as the Mandela Effect, where large groups of people remember the past differently, and it seems that the past changes accordingly. It is difficult to prove something like this for obvious reasons, however, what if we seamlessly move from one parallel universe to another, yet we keep our memories from the previous timeline?
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{
"last_modified_datetime": "2024-04-12T16:39:48.382634"
}
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MARCO_20_570989692-3
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For an Ultimate Pampering Mothers Day Gift Basket, gather up any items that would make bath-time a pampering and relaxing experience. Think of how you couple recreate a spa-like ambiance at home. In keeping with the vanilla theme, the tru mélange candle fit right it, a pumice stone and wooden brush matched as well as a bar of exfoliating and softening oatmeal soap, while being a perfect fit for a sublime bath time. In the bath department, we also added in the before mentioned beautiful containers of body scrub, body wash and body lotion. Next, it was time to add in a few extra treats. Chocolates are always on my list for a pampering experience and while shopping at Sprouts for this gift basket, I picked up a couple containers of various chocolates and divided them into mason jars… because I just think anything in a mason jar is cute! You could use pretty goodie bags or other gifting containers and add ribbon, tags, etc. Don’t forget something to drink! Mom’s favorite tea, coffee or wine makes a great pairing for a night of pampering. Rosé is not only a top choice, it’s also a beautiful one! This bottle of Gérard Bertrand Coté des Roses was stunning and I knew the bottle could even be reused later on.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382634"
}
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MARCO_23_1600238475-4
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Get a gift certificate for a spa with luxury to spoil her ever need. Make a spa in a box. Get everything she would need to pamper herself. You could include things like a nice plush towel, housecoat, bubble bath, body wash, bath salts, inflatable bath pillow, candles, face mask kits, sponges or loofas, foot massager with salts for it, etc. Plan a home-cooked meal, like it was catered to her. And make sure she doesn’t lift a finger! (and that includes chores) Other 50th Birthday Gifts There are also many other things you can give mom as a 50th birthday gift. Gift certificates for her favorite stores or restaurants. Jar of wishes, filled with $1 and $2 coins – she can use this for whatever she likes – coffee, treats, bingo, etc. Mom keepsakes – things like the statues or poems dedicated to moms. Hallmark and places like that sell a lot of different items that are dedicated to moms. Cookbook stands, or recipe boxes for all mom’s secret recipes. If you can get hold of all mom’s best recipes you can make a recipe book filled with the “Kid’s Favorites”. See how many great 50th birthday gifts you can easily choose from?
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{
"last_modified_datetime": "2024-04-12T16:39:48.382635"
}
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MARCO_36_1287798402-9
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I had one of these in the past and it was so amazing to use after a long day; it really helps relax those tense muscles and tired areas. 3 . Spa Basket EVERY mom loves to be pampered, but sometimes there is not enough time to actually leave the house or it costs a ton of money. This would be an excellent DIY Mother’s Day gift idea that would leave her feeling rejuvenated and beautiful! Comfy robe: Nothing gives more of a spa feeling than a white robe. If you have ever been to a fancy hotel or resort, that is what they always leave for guests. Putting on this robe will leave mom feeling like a queen of her own palace. Spa slippers: What would leave more of a spa feeling are slippers to match that comfy bath robe! So, snag a pair of these to top off the ensemble. Face care products: Facial care is becoming a hot ticket now, along with chemical peels and charcoal masks. This one comes highly recommended from a mom blogger than I follow. It is easy to use and fairly mess free. The mask is meant to be used sparingly, so perfect for moms that don’t want to follow a routine.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382635"
}
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MARCO_47_1025193660-5
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She'll adore this highly reviewed self-care box that includes a 9-ounce scented soy candle (choose from more than a dozen options), 2-ounce jar of body butter, handmade bar soap, moisturizing lip balm, travel-size perfume, bag with tea and honey, box of matches and personalized card. Add room spray or bath salts for an extra fee. ___________________________________________________________________________ Natasha McCrary Farm Fresh Spa Experience Tin ($32; uncommongoods.com) Handmade in Alabama, this lovely kit includes pampering products sure to please any mom. With lavender goat's milk bath tea, a bath truffle, whipped shea cream and lip balm with a hint of mint packaged in a rustic metal tin box, this gift is not only elegant but smells wonderful and offers Mom the perfect amount of self-care. © Etsy DearAvaGifts
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{
"last_modified_datetime": "2024-04-12T16:39:48.382636"
}
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MARCO_51_1542142755-2
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I love Mother’s day, don’t you? All moms deserve a bit of pampering for Mother’s Day, so this year I decided to put together a little something for all the Moms in the family. One of my favorite gifts to give for this type of occasion is gift baskets. Gift Baskets are a great gift option for when you need to put together multiple items or want to personalize the gift for a specific recipient or theme. Plus I just love being able to pick and choose my favorite goodies to include. Since this gift basket is for Mother’s Day, I went with the theme of “pampering” and selected just a few of my favorite at-home pampering and beauty products to give. I especially love the eos line of lip balms and lotions, and I wanted to make sure to include a few items from their Limited Edition Spring Packs in my basket. To round out the basket, I included a few other pampering products in coordinating, brightly colored packaging. Disclosure: This post may contain affiliate links. Are You Ready to Sew Your Own Fabric Gift Basket? These little fabric baskets can be sewn to any size and with any fabric to fit your gift or theme.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382637"
}
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MARCO_13_684840871-2
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So pick your favorites and feel pampered! Mother’s Day Home Spa Every mom loves some pampering and what fun to create a special spa experience for her without breaking the bank. I really think kids feel such a sense of pride and gratification when they can do something for their mom by themselves and surprise her too ( Dads, are you listening?! ). Any of these fun ideas will make for a special day to remember and even if you aren’t a mom, these are great options for your own beauty regimen. They are things I’ve learned about over the years from natural facialists or massage therapists that remind one that expensive products are not the only way to get a great beauty result or some relaxation! DIY Home Spa Day Treatments Honey Facial Honey is naturally anti-bacterial and gentle to the skin making it a wonderful cleanser or nourishing mask. How to Apply: Apply 1-2 teaspoons of honey to a clean face and allow to sit on the skin for 10 minutes. Moisten fingertips and rub in a gentle circular motion to help exfoliate the skin. Allow the honey to sit 5 additional minutes and wash off with a clean washcloth. Coconut Oil Hand Treatment Coconut Oil is a wonderful oil to add to foods and for the body.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382637"
}
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MARCO_13_684840871-5
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Rinse thoroughly with luke warm water. Homemade Face Masks Face masks are easy to make with foods that really produce results! Facials at home are easy and fun. Banana Honey Yogurt Face Mask What you’ll need: 1 banana (ripe so it’s soft but not spotted), some honey, and yogurt. In a bowl mash the banana, then mix with a little bit of honey and a little bit of yogurt. Apply to the face and allow to sit. Strawberry Honey Mint Face Mask This homemade facial mask helps tone, moisturize, and cleanse the skin. What you’ll need: 3-4 large strawberries 1/4 cup of honey 3 mint leaves, chopped or torn Mash the strawberries in a bowl. Add the honey and mint leaves and mash together with a fork. Apply to clean skin and allow to sit 10-20 minutes. Rinse with cool water and pat skin dry. Cucumber Mint Face Mask Cooling cucumber is especially nice in the hotter months. Their naturally high moisture content and soothing aroma deliver relaxation. What you need: 1 cucumber, peeled 3-4 fresh mint leaves 2-3 tablespoons plain yogurt 1 egg white, beaten Combine the cucumber, mint leaves and yogurt in the blender and puree. Stir in the egg white.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382638"
}
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MARCO_23_34363864-2
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If you have never taken the time to consider what your beauty products are made of, I am confident that browsing through the pages at Skin Deep will inspire you to do so. It may also inspire you to begin making your own beauty products at home. Why should I spend the time making beauty products at home? 1. Making beauty products at home will provide you with the safest and most personalized products possible. Only you know exactly what your skin issues are. Maybe you are dealing with early signs of aging, have dry or sensitive skin. Natural ingredients are always the better alternative to chemicals. Making your own beauty products means customized products that meet your personal needs. 2 . Making beauty products at home is very frugal. It is estimated that the average American family spends $2,000 annually on hygiene items. Homemade beauty products require fewer ingredients and tend to last longer than store bought. 3. Homemade beauty products make great gifts. Homemade gifts are always more personal and a practical way to live a more sustainable lifestyle! 4. Homemade beauty products are free of toxins and harmful substances. According to the EWG, only 11 percent of cosmetic ingredients have been tested for safety by the cosmetic industry. That is just scary.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382638"
}
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MARCO_38_279071407-5
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Be careful while choosing the wax for your candles. Some waxes release fumes that are harmful to your health. You can opt for bee wax. It might be expensive, but the end result is totally worth the trouble. Be careful with combinations if you are thinking of using more than one essential oil. You don’t want to give your mother a headache. It is better to go for one flavor for each. Check out different combinations of essential oils you can use for your candles. Homemade Toiletries If you want to make toiletries for your mom, try giving her a set of items. Buy pretty glass jars to put the items in. You can then put them in a small wicker basket to present your gifts properly. Shampoo To make shampoo, you can use vegetable based natural liquid soap. If you have dry hair, try adding coconut oil, almond oil, or olive oil. You can also try adding melted cocoa or shea butter. You can also try dry shampoo recipes that you can easily make at home. These easy DIY dry shampoo recipes work for all types of hairs. Enhance your shampoo by adding essential oils like lemon, mint, lavender, etc. If your mom has a hair shedding problem, add lavender oil.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382639"
}
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MARCO_38_279071407-6
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For an oily, irritated scalp, you can add mint or eucalyptus oil. Lotion Using homemade lotion is great when you are trying to avoid harmful chemicals. Your mom’s skin will need a lotion that moisturizes and tightens the skin. An easy lotion recipe is using 100 percent natural aloe gel and whipping in an oil of your liking. You can use pure, edible coconut oil. Another effective option is using edible cocoa butter. Add pomegranate seed oil to enhance the lotion’s anti-aging property. If your mom has oily skin or sensitive skin, you can add tea tree oil or rosemary oil. Check out this customizable homemade face mask recipe. Toner A good, homemade toner will make your mother’s skin happy. A base product that goes well with all skin types is rose water. You can add other ingredients to enhance its properties. For sensitive skin, add witch hazel extract to the toner. For acne-prone skin, add tea tree oil. You can make tea tree water by mixing water with oil. If your mom has dry skin, make sure to add coconut oil to your toner. Final Thoughts This Mother’s Day, deepen the bond you have with your mom with a gift that expresses your gratitude.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382639"
}
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MARCO_00_586920406-2
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To level up, Manuka honey is believed to be even more potent than raw honey. Native to New Zealand, it possesses a compound called methylglyoxal, which lends antimicrobial powers. A little bit of olive oil adds nourishing moisture and extra antioxidants. This recipe also includes essential oils to elevate your skincare routine with some aromatherapy; you can skip this if you have sensitive skin. Ingredients 1/2 cup raw honey or Manuka honey 1/2 cup brown sugar 1 tablespoon olive oil 1 drop lavender, jasmine, rose, or geranium essential oil Instructions In a small bowl, combine all ingredients well. Take a dime-sized amount. Starting from the center of your face and working outward, gently massage the scrub into your skin, including your lips, in circular motions for one minute. Leave it on for five to 10 minutes for a quick mask. Rinse with warm water and pat skin dry with a towel. If you have oily skin, you may not need to follow with a moisturizer. If your skin feels tight and needs extra hydration, apply a moisturizer or facial oil afterward. Exfoliate once or twice a week. Store leftover scrub in a jar at room temperature. Brown Sugar and Coconut Oil Scrub For a perfect body scrub, keep it simple.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382640"
}
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MARCO_04_687670625-1
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Natural Face packs for Dry skin - Natural face packs, Face pack, Best face pack, Skin care Beauty Home » Routine Care »Natural Face Packs for Dry Skin Natural Face Packs for Dry Skin Banana Face Pack for Dry Skin What you need: 2 teaspoons of honey little bit of ripe banana a small bowl of mashed yogurt How to apply: Apply the pack on your neck and face and leave for 15 minutes and then rinse it off. Avocado Face Pack for Dry Skin Mash avocado in such a manner that you will get a creamy paste out of it. Apply the pack on your face for half an hour and then rinse it with lukewarm water. Then wash your face with cold water to close the facial pores. Butter Face Pack for Dry Skin Make a paste of little bit of butter and few drops of water. Apply this pack on the dry areas and leave it for half an hour. Then, rinse it with cold water. Cabbage Face Pack for Dry Skin Mash the cabbage leaves to get the cabbage juice out of it. Add 10 drops of honey and a small amount of yeast to the juice. You can apply this pack on your neck and face and then let it dry for 30 minutes. Wash the pack off with warm water but rinse it with cold water.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382641"
}
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MARCO_10_1121897022-2
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In fact, you probably have most of the necessary ingredients in your home already! Making your own beauty products at home is as simple as gathering the materials and mixing them together. Doing so will save you money and keep you looking your best! Steps Method 1 of 3: Creating Skincare Products Download Article PRO {'smallUrl':'https:\/\/www.wikihow.com\/images\/thumb\/2\/24\/Make-Your-Own-Beauty-Products-Step-1-Version-6.jpg\/v4-460px-Make-Your-Own-Beauty-Products-Step-1-Version-6.jpg','bigUrl':'\/images\/thumb\/2\/24\/Make-Your-Own-Beauty-Products-Step-1-Version-6.jpg\/aid1749-v4-728px-Make-Your-Own-Beauty-Products-Step-1-Version-6.jpg','smallWidth':460,'smallHeight':259,'bigWidth':728,'bigHeight':410,'licensing':'<div class=\'mw-parser-output\'><p>\u00a9 2021 wikiHow, Inc. All rights reserved. wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. This image is <b>not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. This image may not be used by other entities without the express written consent of wikiHow, Inc.<br>\n<\/p><p><br \/>\n<\/p><\/div>'} 1 Create a body wash using honey, coconut oil, and castile soap. Use 3 fl oz (89 mL) of each ingredient. Stir them together in a glass or plastic container.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382641"
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MARCO_24_1842027267-3
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Sugar And Olive Oil – DIY Body Scrub: These two natural ingredients when combined together make one of the best homemade body exfoliators. This scrub will slough off all the dead skin cells, leaving your skin super soft and smooth. Olive oil contains natural antioxidant properties that not only protects your skin, but even will leave it naturally moisturized. Sugar is one of the best natural exfoliator. You will need: (i) White granulated sugar: 1/3 cup (ii) Olive Oil: 2 tablespoons Method: Mix the two ingredients together and stir well completely. While in shower or bath, wet skin thoroughly and message scrub all over your skin. Allow the scrub to sit on your skin for a minute and rinse it off. After you finish with your shower or bath, apply a moisturizing lotion for added softness (if you feel a need). Natural Beauty Tip: You can use salt instead of sugar. 3 . Epsom Salt And Lemon – Body Scrub Recipe For Oily Skin: This is one of the homemade exfoliators that is meant for oily skin. Epsom salt is an extra ordinary skin-care ingredient. It is a natural mineral comprising of magnesium sulfide, which is easily absorbed by the skin. It naturally softens skin, removes dead cells, diminishes inflammation, and relaxes muscles.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382642"
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MARCO_38_286379417-3
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I used this basic homemade body scrub recipe to make to following awesome scrubs: Warm Vanilla Sugar Body Scrub Use vanilla essential oil -OR- 2 Tbsp. vanilla extract. Lemon Salt Body Scrub Use lemon essential oil and add 1 Tbsp of lemon zest. Grapefruit Mint Salt Scrub Use grapefruit essential oil and 1 Tbsp of grapefruit zest. I can’t wait to make several more batches and experiment with some more scents including peppermint, lemon-eucalyptus, and sweet orange-lavender. Tips and Ideas for A Great Scrub The yummy concoctions you can create are limitless. Note: Olive oil is not the best carrier oil for some homemade body scrub formulas because it has a strong fragrance. If you think olive oil will be overpowering in a delicately scented body scrub, choose one of the other carrier oils. I also love being able to use different sugars or Epsom salts – mainly because I had a huge bag of Epsom salts under the bathroom sink that was not getting used. (My organic cane sugar is not cheap!) Choose sugar for fine grain homemade body scrub, and Epsom salts for a larger grain scrub. The oil will separate in some of these scrubs, so it’s a good idea to attach a small spoon if giving away as a gift.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382642"
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MARCO_21_1040240025-5
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Before applying, give it a good shake to evenly disperse the oils, and be sure to let it sink in for a few minutes before getting dressed. Next: Check out this simple body spray that banishes bacne . Print No ratings yet Essential Oil DIY Deodorant Spray Vodka is the secret ingredient in this natural DIY deodorant spray recipe that's tough on odors but not your skin. Prep Time 5 mins Total Time 5 mins Course: Bath and Body Cuisine: DIY Keyword: beauty, deodorant, essential oils Yield: 2 ounces Author: Stephanie Gerber Cost: $6 Equipment 2-ounce dark mister bottle Materials 2 tbsp vodka (the higher the proof, the better) 2 tbsp distilled water 2 drops rose absolute essential oil 2 drops jasmine essential oil 2 drops orange essential oil 1 drop lavender essential oil Instructions To make: Combine all of the ingredients in a small, dark-colored bottle. Shake to combine. To use: Shake well before each use. Give each underarm 2–3 spritzes, and let them air dry. Apply again after exercising or heavy exertion, if desired. Notes Feel free to use any essential oils you like for this. While they may not be as fragrant, antibacterial oils—like cinnamon, tea tree, and oregano—will help keep the B.O. at bay.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382643"
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MARCO_22_274143610-4
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Homemade Deodorant Stick Yield: 2 containers Prep Time: 5 minutes Cook Time: 5 minutes Total Time: 10 minutes A fast & easy solid homemade deodorant stick that really works! You can make 2 sticks in 10 minutes with all natural ingredients you can feel good about. Ingredients 3/4 oz beeswax 2 oz coconut oil 3/4 oz shea butter 2 Tbsp baking soda 2 Tbsp cornstarch 1/4 cup arrowroot powder 10-20 drops tea tree oil (or other essential oil) Instructions Weigh the beeswax, coconut oil and shea butter into a glass measuring cup. Place in a small saucepan with a couple inches of water and simmer until the oils are completely melted. Remove from heat and stir in baking soda, cornstarch and arrowroot powder. Then stir in tea tree oil. Pour into 2 empty deodorant containers. Allow to harden before use. Did you make this recipe? Please leave a comment on the blog or share a photo on Pinterest How to Build a Nautical Picnic Table for Bigger Kids ← Previous Free Printable: Enjoy the Ride Art Next → Click here to cancel reply. This site uses Akismet to reduce spam. Learn how your comment data is processed. Sam Armstrong Monday 17th of May 2021 Hi, I am just wondering if the baking soda can be replaced with magnesium hydroxide.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382643"
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MARCO_25_779621650-1
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Easy 2-Ingredient Essential Oil Deodorant Recipe - One Essential Community Easy 2-Ingredient Essential Oil Deodorant Recipe February 1, 2018 By Sarah Lewis Home Essential Oil Beauty Recipes Easy 2-Ingredient Essential Oil Deodorant Recipe Share Email It’s hard to find natural deodorants that really work. And even harder to find effective ones that don’t cost a fortune. That’s why I’m really excited to share one of my favorite natural deodorant recipes with you! It stops odor, keeping me smelling fresh & clean all day. It’s a super easy and cheap DIY made with essential oils and milk of magnesia. Yep, just 2 ingredients. But it REALLY DOES WORK. Why I love this deodorant super cheap — least expensive natural deodorant I’ve ever bought or made. One bottle of milk of magnesia only costs about $3 and lasts me 3-5 months. incredibly easy to make — just pour essential oil and milk of magnesia into a bottle and shake. That’s it! It takes less than 1 minute to make. effective — it really works ! It stops odor before it starts. No more stink. This keeps me smelling fresh & clean all day long. natural – I love eliminating harsh chemicals and toxins from my home. And deodorant is one of the best places to start.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382644"
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MARCO_31_819352125-3
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Before You Start, You’ll Need Coconut oil (or 1/2 as much of a liquid oil if you are allergic to coconut oil) shea butter , cocoa butter or mango butter (or a mix of all three) beeswax (pastilles) Optional: Vitamin E oil baking soda (Omit this if you have sensitive skin and just use extra arrowroot) organic arrowroot powder or non-gmo cornstarch 2-3 capsules of high quality probiotics that don’t need to be refrigerated ( I love Bio Kult brand )- optional Optional: Essential oils of choice – I used about 20 drops of lavender essential oil Deodorant Bar Ingredients ½ cup coconut oil ½ cup shea butter , cocoa butter or mango butter (or a mix of all three equal to 1 part) ½ cup + 1 tsp beeswax 1 teaspoon Vitamin E oil – optional 3 tablespoons baking soda (Omit this if you have sensitive skin and just use extra arrowroot or cornstarch) 1/2 cup organic arrowroot powder 2-3 capsules of high quality probiotics that don’t need to be refrigerated (optional) Optional: Essential oils of choice – I used about 20 drops of lavender essential oil and also like citrus and frankincense Deodorant Bar Instructions Combine coconut oil, shea (or other) butter, and beeswax in a double boiler, or a glass bowl over a smaller saucepan with 1 inch of water in it.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382645"
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MARCO_51_772241605-5
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Botanical Deodorant 1 tablespoon Glycerin 2 tablespoons Vodka or Witch Hazel 1/2 cup Witch Hazel 1/2 teaspoon Liquid Chlorophyll 10 drops essential oil of choice Mix together all ingredients and stir well. Pour into a spray bottle or clean container with a tight-fitting lid. To apply, spray underarms or use clean cotton pads. Makes 6 ounces. Citrus Deodorant 1 tablespoon Lemon Zest 1/4 cup Water 1/4 cup Vodka or Witch Hazel 1 teaspoon Liquid Chlorophyll 3 drops Bergamot FCF oil Mix together all ingredients in a ceramic bowl or glass jar. Let mixture sit for one day, then strain off the liquid and discard the lemon zest. Pour into a clean container or spray bottle. To apply, spray underarms or use clean cotton pads. Makes 4 ounces. Homemade Deodorant Recipe with Rosemary, Lemongrass, and Coconut Oil 2 tablespoons Beeswax granules 1 1/4 tablespoons Shea Butter 1 1/4 tablespoons Virgin Coconut oil 1/2 tablespoon Bentonite clay 1/2 tablespoon Baking Soda 10 drops Lemongrass 6 drops Rosemary In a double boiler or a small saucepan over very low heat, combine the beeswax, coconut oil, and shea butter until melted completely and mixed well. Whisk in the baking soda and bentonite clay until well combined. Remove from heat and let cool for a few minutes and then stir in your essential oils.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382645"
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MARCO_00_588384791-4
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On the bright side, it is possible to create your own at home body wrap as long as you do it sensibly. Here’s how to try it for yourself: Exfoliate. Create your own body scrub out of natural food products that you may have in your home right now.Here’s our favorite (and cheapest) recipe: – 1 part oil (we like coconut oil the best, but you could also use canola or olive oil – 2 parts sugar (make sure the granules are fine; large ones can tear your skin) – 2 drops of an essential oil for fragrance (optional – we like tea tree oil)Using a loofah exfoliation sponge (or just your hands), rub a generous amount of the scrub all over your body, using a circular motion. You can spend more time on rough areas such as elbows and heels. Rinse thoroughly to cleanse the skin. You won’t need a moisturizer after using this scrub. Wrap yourself in plastic wrap. The easiest way to do this is to use a handy plastic wrap dispenser like the ones that furniture movers use. This will allow you to wrap the plastic fairly tightly on your limbs and torso. Just don’t wrap TOO tightly!
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{
"last_modified_datetime": "2024-04-12T16:39:48.382646"
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MARCO_20_1380187541-16
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• Apply to skin in circular motions, then rinse off. DIY Coconut Butter Body Scrub Of course, body exfoliating should make you feel soft. And with this homemade body scrub, your skin will absorb the butter for a soft skin appearance. Ingredients: • ½ cup of shea butter or cocoa butter • 3 tablespoons of olive oil • 3 tablespoons of coconut oil • Optional: a couple drops of your favorite essential oil • ½ cup of sugar The Process: • Melt the shea butter or cocoa butter using a double boiler. • After melting, whip it up with a mixer to become smooth. You could use a hand blender. • Add olive oil and coconut oil, slowly mixing into the butter. • Then, add some essential oils. • Finally, mix in the brown sugar. • Wait for some minutes for your skin to absorb the moisturizing properties of the scrub, then rinse off. DIY Green Tea Salt Scrub The benefits of green tea include its function as anti-inflammatory and anticancer. When you opt for this option of homemade body scrub, you are not only exfoliating, but also protecting your skin.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382646"
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MARCO_36_1748542596-7
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It’s incredibly easy to make (like, you need only four ingredients and you definitely already have them in your kitchen), and it leaves your skin looking bright and dewy every time you use it. Here’s the drill: The Ingredients: 1 cup white sugar 1 cup raw sugar ½ cup coconut oil ½ cup olive oil The combo of white and raw sugars gives this body scrub its exfoliating abilities ( shout-out to that natural glycolic acid ), while the coconut and olive oils help deliver tons of moisture. Mix all your ingredients into a bowl, and gently rub the formula on clean, dry skin to lift your dead skin cells. After you rinse it off, slather on a thick layer of moisturizer to rehydrate your skin. 6. This DIY body scrub with coffee This content is imported from YouTube. You may be able to find the same content in another format, or you may be able to find more information, at their web site. There’s a reason you keep seeing DIY coffee scrubs all over your social feeds. When gently scrubbed on your body (reminder: not your face), ground coffee helps minimize the appearance of dark spots, sun damage, and cellulite in a couple of ways.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382647"
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MARCO_45_803675808-4
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If you plan to sell your scrubs, it is best for you to pick the most popular ingredients that will not hurt your wallet too much before you get a return on your investment. Do not be afraid of experimenting on small batches of product to decide which formulas work best. However, make sure you are not trying all of them on yourself all the time! How to make body scrub: 5 homemade recipes for selling Photo: cleaneatingmag.com Source: UGC If you would like some guidance on the simple yet good DIY scrubs you could sell, we have compiled a whole list for you. Here are some examples of homemade body scrubs, which you can try to make at home: Read also How to make black soap for glowing chocolate skin: best recipes Honey sugar body scrub Honey is the best ingredients for a lot of types of face masks and body scrubs, of course. For making honey sugar body scrub, just follow these steps: Warm a jar of honey in the microwave. It should be runny but not too hot. Put a bit of the honey into a small bowl. Add about two table spoons of the oil, you have chosen. Add half cup of sugar. Mix all of it well. Package into containers and watch them sell out like hot cakes!
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{
"last_modified_datetime": "2024-04-12T16:39:48.382647"
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MARCO_49_1824185962-5
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Sugar in the Morning, Sugar in the Evening Sugar is something that should be used as an occasional treat rather than part of your daily consumption. However, sugar isn’t always bad for you. Did you know that it makes an excellent scrub for your skin? Sugar has natural alpha-hydroxy acids that can improve the texture of your skin. Mix it with olive oil, which is loaded with nourishing antioxidants, and it makes the perfect moisturizer. You can use either white or brown sugar. Do you want to tone your complexion and tighten your pores? Instead of using olive oil, mix the sugar with freshly squeezed lemon juice. The citric acid in the lemon juice has natural astringent properties and is a better choice if you have oily skin. Granulated sugar is a mild abrasive, which makes it an ideal exfoliant. To make a homemade sugar scrub, mix about a half-cup of sugar with olive oil until it forms a paste. Apply it to your face or body in small, circular motions and let it dry between 5-10 minutes, then rinse with cool water. 3. Yogurt is Parfait for Your Skin Many people enjoy parfaits as they are so versatile. Do you like tasty yogurt parfaits for breakfast or a low-calorie treat?
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{
"last_modified_datetime": "2024-04-12T16:39:48.382648"
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MARCO_21_1042469229-2
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Try one of these to boost the appearance of your skin: The DIY Honey and Oatmeal Scrub Ideal for: Dry and irritated skin. Oatmeal has been used for many years as an ingredient in skincare products because of its gentle anti-inflammatory properties, while honey keeps the skin moisturized. With this amazing scrub coconut oil adds that extra nourishing effect. This recipe makes enough body scrub for one full-body application. What to use: • 1 cup of oatmeal • 1/4 cup of honey • One spoon of coconut oil Directions: Mix the oatmeal and honey into a mixing bowl. Once the ingredients are mixed thoroughly, add a spoon of coconut oil. If the consistency is too thick, add more coconut oil. Once satisfied with the mixture, spoon into a container that can be sealed. Used when needed on the entire body, except the face, by scrubbing the mixture delicately on the skin. The DIY Lavender and Epsom Salt Scrub Ideal for: Stressed and inflamed skin. Epsom salt can act as a gentle exfoliant as well as an effective muscle relaxant. This recipe also includes green tea, an excellent antioxidant, and lavender oil which is known to soothe and relax the skin. This recipe makes enough body scrub for one full-body application.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382649"
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2. Olive oil moisturiser Image courtesy: iStock Ingredients: Half cup extra virgin olive oil Two capsules of vitamin E Two tbsp coconut oil One tbsp beeswax Combine the coconut and olive oil with the beeswax in a pan. Let it simmer until the content is melted. After crushing the capsules of vitamin E, add them to the content. Once it’s cooled down, your homemade moisturiser is ready to use! Vitamin E is acknowledged to be extremely beneficial for the skin. It has excellent moisturising properties while treating acne scars. Also, olive oil and coconut oil lock in the skin’s moisture, deterring dehydration and dryness. 3. Aloe vera moisturiser Image courtesy: iStock Ingredients: 2 tbsp coconut oil 4 tbsp aloe vera gel One tsp vitamin E oil 2 tbsp almond oil Mix the oil with aloe vera gel into a clean container. Then, add the melted coconut oil to the content, afterwards. That is all! This is a homemade moisturiser that will keep your skin supple and soft while aiming at diminishing the wrinkles and tightening up the skin. Aloe vera can do marvels for your complexion, especially if you’re dealing with excessive dryness during winter. It aims at rejuvenating fibroblast cells in the skin, which protect your complexion from the harmful UV radiation.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382649"
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MARCO_40_1521313919-3
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Want more beauty tips and recipes like this recipe for homemade face moisturizer? If so, you can explore other homemade beauty products on this site including: Homemade Conditioner for Natural Hair DIY Face Scrub for Acne DIY Hair Growth Spray DIY Microdermabrasion Paste So, ready to learn how to make face moisturizer? Let’s get to it! Ingredients for Homemade Face Moisturizer ½ cup coconut oil 2 tsp. almond oil 1 Tbsp. cocoa butter 5 drops frankincense essential oil 5 drops lavender essential oil Mason jar (4 oz) Directions for Homemade Face Moisturizer 1. Place all ingredients for the DIY face moisturizer, including the lavender essential oil, in the bowl of your stand mixer. 2. Whip on high for 4-5 minutes until the homemade moisturizer is a light and fluffy consistency. Tip: Scrape down the sides of the mixing bowl occasionally to get all of the ingredients of this DIY moisturizer worked in. 3. Transfer your freshly made best all-natural face moisturizer to a small jar with a tight fitting lid. Using the Homemade Face Moisturizer Using this all-natural face moisturizer DIY recipe is just as easy as making it! 1. Before using this DIY moisturizer, wash your face. Bonus: Try this homemade face wash for acne recipe.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382650"
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MARCO_49_103140138-2
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You'll receive a crumbly, waxy substance. Here's how to turn it into your own homemade moisturizer -- a lovely luxury for yourself, and a wonderful gift too. This is my personal recipe, which I've used almost exclusively as a moisturizer -- face, hands, elbows, everything -- for over a year. Sadly, it has not yet reversed the aging process -- but my skin is noticeably healthier. That's good enough for me. Ingredients 8 ounces (1 cup) of raw shea butter* 3 ounces of extra virgin olive oil, jojoba oil or another non-comedogenic nut oil 1 teaspoon of vitamin E oil Essential fragrance oils (I like almond and orange) *If you're a curly girl like me, make a hair cream by halving the amount of shea and adding 4 ounces of coconut oil. Method Place the shea butter in a small metal bowl. Put the bowl into a pot of water and heat it slowly, stirring occasionally. When the shea butter is soft enough to stir but not melted (it will be lumpy), add the olive and E oils. Whip the mixture to high heaven with an egg beater. To speed it up, try whipping on high speed for five minutes, then putting the bowl in the fridge for five minutes.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382650"
}
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MARCO_53_601113959-9
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Revitalizing Hibiscus Moisturizer For Dry Skin You Will Need 2 tablespoons hibiscus tea 1 cup extra virgin coconut oil Method Grind the hibiscus tea into powder. Melt the coconut oil in a double boiler. Add the hibiscus tea powder to the oil and cover it for a while. Use a cheesecloth to strain the oil and separate the tea from the oil. Let the oil cool down until it solidifies. Whip it well in a mixer for about a minute or two. Transfer the pinkish cream to a glass jar and apply to your skin. Why This Works In Africa, hibiscus pulp is often used for wound healing and soothing the skin. It contains anthocyanins and antioxidants that enhance skin health (5). Coconut oil has a calming and soothing impact on your skin and also keeps it moisturized. Back To TOC These simple and easy to make DIY moisturizers for dry skin will give your skin a luxurious, moisturized feeling. They are gentle and will not irritate your skin (unless you are allergic to certain substances). Try these homemade moisturizers for dry skin and let me know how they worked for you in the comments section below.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382651"
}
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MARCO_13_320946250-4
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To make your lotion, you can add Vitamin E Oil for enhanced skin-healing properties, and you may choose to add essential oils if you have some favorites, those these steps are both optional. I personally love the fresh, light smell of pure coconut oil lingering around me throughout the day, so I tend to leave these steps out. However, if I am making up a batch to give as a gift, I personalize the lotion with a scent like lavender or eucalyptus and package in a beautiful VioLiv Container. By Kayla- Radiant Life 1 cup virgin coconut oil 1 teaspoon vitamin E oil (optional) a few drops of essential oils for fragrance (optional) 1. Measure out 1 cup extra virgin coconut oil and add vitamin E and/or essential oils if desired. 2 . Place in KitchenAid mixer (can also use blender on 'whipped' setting) and allow to process for 6-7 minutes on high speed. 3 . Pour into desired container, seal, label and enjoy! Want to try it out for yourself? Every month we select one of our readers to receive a free jar of organic coconut oil!
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{
"last_modified_datetime": "2024-04-12T16:39:48.382651"
}
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MARCO_25_262671939-5
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Check out this soap, this buttermilk bath, and this incredible facial mask! Rose-Scented Homemade Lotion Recipe Print Recipe Perfectly Foolproof Rose-Scented Homemade Lotion {Pump-able} Make this rich homemade lotion with a pump-able consistency & luxurious rose aroma with use of a few specific ingredients to ensure a perfect texture! Makes 32 ounces of lotion (enough for several gifts and self). Always use sterilized equipment when making lotion. Ingredients 11.5 ounces distilled water 9.5 ounces rose hydrosol .75 ounces aloe vera gel .75 ounces vegetable glycerin 4.75 ounces sweet almond oil 2.25 ounces rosehip seed oil 1 ounce cocoa butter 1.1 ounces emulsifying wax .15 ounces vitamin E oil .15 ounces geranium essential oil optional .15 ounces preservative of your choice optional; see explanation in post Instructions Combine sweet almond oil, rosehip seed oil, cocoa butter and emulsifying wax in a heat-proof medium-sized bowl. Place the bowl over a pot of simmering water, and melt the cocoa butter and emulsifying wax. Set aside and cool to slightly above room temperature. Combine distilled water, hydrosol, aloe, and glycerin into a separate container. While blending in a regular blender or using a stick blender, slowly pour the water mixture into the oil mixture until perfectly emulsified.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382652"
}
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MARCO_33_500264550-1
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Aromatherapy Lotion Recipe | AromaWeb Easy Aromatherapy Lotion Recipe I was torn on what title to give this recipe because this recipe isn't made from scratch, and I'm not trying to be misleading. Making lotion from scratch is a bit complex (but definitely worth the effort), and I wanted to offer a recipe that beginners could enjoy making. So, we begin by working with an unscented lotion base and add essential oils. Very easy! To learn more about making lotions from scratch, I recommend reading Making Aromatherapy Creams & Lotions: 101 Natural Formulas to Revitalize & Nourish Your Skin by Donna Maria Coles Johnson. Ingredients 8 fl.oz. unscented hand or body lotion (sellers of natural products and aromatherapy products sometimes sell lotion bases) 10 drops Patchouli 20 drops Sandalwood 5 drops Carrot Seed Directions The best way to blend the essential oils into the lotion is to pour the lotion into a bowl, add the oils and then mix very well. Once mixed, add the lotion back to the bottle using a funnel. Patchouli, sandalwood and carrot seed oils help aid dry skin. The patchouli and sandalwood oils have a lovely rich scent when blended together. The carrot seed oil is wonderful for the skin, but is a little harsh in aroma.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382653"
}
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MARCO_40_1521300842-5
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Continue to Content Gingerbread Body Lotion Active Time: 40 minutes Total Time: 40 minutes Difficulty: Easy Enjoy the tantalizing scents of fall and the holiday season with this all natural homemade body lotion recipe. This incredibly moisturizing Gingerbread Body Lotion contains coconut oil and Shea butter in addition to a handful of spices and essential oils to create a luxurious body lotion that will soften and hydrate your skin. This DIY beauty product also makes great homemade Christmas gifts for friends and family. Materials ½ cup coconut oil ½ cup Shea butter 1 T. ground ginger 1 tsp. cinnamon 5 drops each of ginger and cinnamon essential oil 1 tsp. vanilla extract 8 oz. Mason jar Instructions Melt the Shea butter and coconut oil in a small saucepan over medium heat, stirring frequently. Pour the melted mixture into the metal bowl of a stand mixer and place in the refrigerator for about 15 minutes. Remove from the fridge, and add ginger, cinnamon, essential oils, and vanilla extract. Whip on high for 5 minutes or until mixture is a creamy fluffy consistency. Transfer to a Mason jar. Notes The consistency of this homemade body lotion recipe will depend, in part, on the temperature of your home. If your house is cool, the lotion will be firmer.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382653"
}
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MARCO_54_179087980-2
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The cherry on top of this recipe comes in with the inclusion of printable gift labels to make your lotion gifts as unique as your gift recipients. Ingredients 18, 4oz glass jars (I used Ball 4oz jelly jars) 4, 16oz jars of coconut oil (Use Trader Joe’s organic virgin coconut oil) 2, 10ml bottles of essential oil (Organic geranium oil and organic lavender oil) 1 paper towel or kitchen towel for messes Direction Wash and dry your jars, lids, and screw bands in hot, soapy water and dry If you are using more than one scent of essential oil, label your jars so that you’re able to tell them apart after filling Heat coconut oil to liquid state. Remove the lids of your essential oil bottles and remove the dropper tops (if they come with them). Measure 1 teaspoon of essential oil into each jar of coconut oil. Stir each jar of coconut oil and essential oil mixture. Carefully pour the coconut oil and essential oil mixtures into glass jars. Fill until 1/4 inch from the top of the jar. Top each jar with a lid and screw band. Allow oil to cool to room temp. Label with gift tags.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382654"
}
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MARCO_04_1073895551-1
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Lotion Bases with No Fragrance | Bulk Apothecary Home Make It Personal Care Products Unscented Bases Unscented Bases Wholesale Lotion Base and Other Unscented Bases Direct from the manufacturer! All of our amazing unscented bases below are great for people with allergies or for customers looking to make their own custom creation by adding fragrances, essential oils etc. We only make the finest unscented bases available. All of our unscented bases can be used as is or adjusted to make your own custom creation. Try our unscented lotion base, unscented soap base and unscented shampoo base and you will see what makes us different from the competition. Not Logged in chrome chrome Sort By: Featured Items Newest Items Best Selling A to Z Z to A By Review Price: Ascending Price: Descending Quick view Unscented Basic Hand And Body Lotion Base $3.95 Choose Options Quick view Unscented Body Butter / Heavy Cream Base Pricing Starting at: $6.95 Choose Options Quick view Unscented Liquid Castile Soap (Stephenson Brand)
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{
"last_modified_datetime": "2024-04-12T16:39:48.382654"
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MARCO_13_939994859-2
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Vaseline Intensive Care Lotion, Advanced Repair Unscented The Vaseline Intensive Care Lotion, Advanced Repair Unscented comes into the market with a prescription strength moisturization prowess, and its unscented formulation makes it an ideal choice for anyone suffering from the dry and itchy skin. The lotion does a great job in absorbing excess oil for a non-greasy feel. Puracy Organic Hand & Body Lotion The Puracy Organic Hand & Body Lotion comes with no aromas, and it’s even safe for use for all skin types. Enjoy a non-greasy residue on your skin throughout the entire day with this lotion. What to Look For? Just like buying any other product on the market, you have to know before you go. Otherwise, you need to try before you buy. However, that might not be the case at all times, especially if you’re looking for the best unscented lotion in an online market. If that’s your dilemma, then you don’t have to worry about it too much because all you need to do is to make sure you’ve read online reviews about the product. Aside from reading the reviews, you also need to know the level of dryness on your skin.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382655"
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MARCO_26_1452799507-1
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(1) Lotion Base – Pure Essential Supply, Inc. Lotion Base Lotion Base is what body lotion, creams, hand lotion, body butter & hand cream is made from. Our wholesale lotion base is a thick paste that contains very little water. Simply blend in warm water to control the thickness of finished product. You’ll be able to make hand lotion, creams, body lotion, body butter & hand cream as thick or as thin as you want. You’ll even be able to make body milks & body mists with this all natural lotion base. We offer wholesale lotion base & wholesale soap supplies on our web site. Disclaimer: The pictures shown on each product may not always depict the size, packaging or price listed.* Filter Filter all natural body butter body lotion body spray cocoa butter Cocoa Lotion concentrated concentrated base Concentrated Lotion Base cream facial cream goat milk goats milk humectant Lotion lotion base lotions multi base natural natural lotion paraban free paraben free preservative rosemary sample pack Sampler Pack Shea Butter Shea Lotion soap additive sodium lactate soy free soyfree standard Standard Lotion thick concentrated vitamin c vitamin E 8 products Sort Sort Featured Alphabetically, A-Z Alphabetically, Z-A Price, low to high Price, high to low Date, new to old Date, old to new
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{
"last_modified_datetime": "2024-04-12T16:39:48.382656"
}
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MARCO_57_1523847243-1
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Lotion Base and Body Butter - Wholesale Supplies Plus Close Bath & Body Bases • Bases Unscented • Lotion Base and Body Butter - (You Are Here - C832) Lotion Base and Body Butter Crafter’s Choice Lotion Bases are used by soap makers to expand their product line. These lotions can be packaged as is or can be colored and fragranced. There are a variety of bases including Gentle Face and Baby Cream, Goat Milk & Honey Lotion, Head to Toe Lotion, Luxury Hand and Body Cream, Moisturizing Lotion with Evening Primrose, Satin & Silk Lotion, She Aloe Lotion, and Silky Body Butter. Advanced Filter Print Page 10 Results | Sort By: Name (A-Z) Price Low to High Price High to Low New Arrivals Customer Ratings 1 Crafter's Choice™ Basic Lotion Base Our Basic Lotion base contains Sunflower Oil and Allantoin. Native American Indians were the first to discover the healing properties of Sunflower Oil which is rich in Vitamin E that helps moisturize and regenerate skin. Allantoin is thought to have the ability to help heal wounds, sores and stimulate growth of healthy tissue. It is a skin softener and anti-irritant. It is similar to the Head to Toe Lotion but is less translucent in appearance. Great to use as is or you can add fragrance and color.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382656"
}
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MARCO_10_1112057649-12
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You can use any combination of essential oils that you prefer, but it’s a good idea to include oils that target the skin issues that you wish to treat. If you have dry or aging skin, geranium and rose essential oils are good options. For skin issues such as eczema or psoriasis, jasmine, rose, chamomile, lavender, and sandalwood essential oils work well. If you want to create an energizing lotion,use grapefruit or lemon essential oil. If you want to prevent stretch marks, mix in lavender, neroli, patchouli, rose, and/or geranium essential oils. {'smallUrl':'https:\/\/www.wikihow.com\/images\/thumb\/c\/c1\/Make-Lotion-Step-13-Version-3.jpg\/v4-460px-Make-Lotion-Step-13-Version-3.jpg','bigUrl':'\/images\/thumb\/c\/c1\/Make-Lotion-Step-13-Version-3.jpg\/aid27807-v4-728px-Make-Lotion-Step-13-Version-3.jpg','smallWidth':460,'smallHeight':306,'bigWidth':728,'bigHeight':485,'licensing':'<div class=\'mw-parser-output\'><p>\u00a9 2021 wikiHow, Inc. All rights reserved. wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. This image is <b>not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. This image may not be used by other entities without the express written consent of wikiHow, Inc.<br>\n<\/p><p><br \/>\n<\/p><\/div>'} 3 Transfer the lotion to a storage container.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382657"
}
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MARCO_10_1112057649-6
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All rights reserved. wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. This image is <b>not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. This image may not be used by other entities without the express written consent of wikiHow, Inc.<br>\n<\/p><p><br \/>\n<\/p><\/div>'} 1 Combine the aloe vera gel, vitamin E oil, and essential oils. Add 1 cup (225 g) of pure aloe vera gel, 1 teaspoon (5 ml) of vitamin E oil, and 15 drops of your favorite essential oils to a medium bowl. Use a spoon to carefully blend all of the ingredients together. Set aside for the moment. You can substitute distilled water or herbal tea for the aloe vera gel if you prefer. The essential oils are mainly to scent the lotion, so you can use any combination that you prefer. Lavender, eucalyptus, lemon, grapefruit, patchouli, rose, and jasmine are good options to consider. The aloe vera gel mixture needs to come to room temperature. You may want to place the bowl in a larger pot with some warm water.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382657"
}
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MARCO_21_822357894-6
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If you’re using the capsules, I would use a little bit less than the recipe calls for, since the oil from the capsules is thicker. You can also omit the Vitamin E if you don’t have any, and use extra fractionated coconut oil in it’s place. Essential oil Using essential oils in this all natural body lotion will give it a great scent as well as adding additional aromatherapy benefits. Most essential oils also have antibacterial properties which help prolong shelf life. I used Rosemary for this batch, but I’m looking forward to making lavender, bergamot, and orange scented lotion in the future. I recommend this brand of essentials for quality + affordability. Here’s the full list of ingredients and necessary equipment: Lily of the Desert aloe vera gelly Fractionated liquid coconut oil Vitamin E oil Essential Oil (s) Electric hand mixer Small jar (s) or pump bottles for storage DIY Body Lotion Method Alright, let’s get to the recipe! It couldn’t be simpler. (Psst… if you want the quick version, skip to the recipe card at the bottom of the post.) First, add 1 cup aloe vera gel, 4 TBSP fractionated liquid coconut oil, 1 tsp. vitamin E oil, and 10-20 drops essential oils to a large bowl.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382660"
}
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MARCO_42_845877443-3
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Summary Essential oils can be inhaled or diluted and applied to the skin. They may stimulate your sense of smell or have medicinal effects when absorbed. Popular types There are more than 90 types of essential oils, each with its own unique smell and potential health benefits. Here’s a list of 10 popular essential oils and the health claims associated with them: Peppermint: used to boost energy and aid digestion Lavender: used to relieve stress Sandalwood: used to calm nerves and help with focus Bergamot: used to reduce stress and improve skin conditions like eczema Rose: used to improve mood and reduce anxiety Chamomile: used to improve mood and relaxation Ylang-Ylang: used to treat headaches, nausea, and skin conditions Tea Tree: used to fight infections and boost immunity Jasmine: used to help with depression, childbirth, and libido Lemon: used to aid digestion, mood, headaches, and more Summary There are over 90 commonly used essential oils, each associated with certain health claims. Popular oils include peppermint, lavender, and sandalwood. Health benefits of essential oils Despite their widespread use, little is known about the ability of essential oils to treat certain health conditions. Here’s a look at the evidence regarding some of the common health problems that essential oils and aromatherapy have been used to treat.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382660"
}
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MARCO_54_1782395814-4
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Below is a list of the skin types mentioned above and what carrier oils are best for each: Normal skin – jojoba, almond, macadamia nut oil – basically any carrier oil of choice but avoid heavy oils Dry skin – olive, avocado, wheat germ Oily skin – grapeseed, sunflower, apricot kernel Acne-prone skin – hemp, argan, sunflower (these all have a comedogenic rating of zero) Combination skin – jojoba, hemp, coconut Sensitive skin – sunflower, argan, hemp, coconut Mature skin – rosehip, tamanu, jojoba How to Make a Powerful Anti–Aging Essential Oil Blend Okay, let’s get on to the powerful anti-aging essential oil blend! You will need a total of 5 anti-aging essential oils and 1 carrier oil of choice (choose according to your skin type in the section above). For storage, I recommend using amber glass dropper bottle. Amber protects the delicate oils in the serum from light damage. You only need to use a few drops (2-4) on your whole face.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382661"
}
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MARCO_12_1183093643-3
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You can use this spray more liberally than traditional perfume, but overusing it is not recommended because the ingredients may lead to skin irritations, and the scent can be overwhelming to others. Applying Body Spray Apply the spray directly onto your skin after a shower or bath when the skin is warm and the pores are open. Apply a light layer of lotion, paying special attention to the pulse points on your body. Then, at a distance of approximately 12 inches, spray a liberal amount of the DIY body spray. Store the spray out of direct sunlight and in an upright position. Do not keep it in the bathroom or in a place with a lot of moisture. Body Lotion Recipe You Will Need: 16 oz of baby lotion 8 oz of vitamin E cream 8 oz of coconut oil (solid form) 80 drops of an essential oil of your choice (optional) Mixing bowl Spatula Handheld electric mixer Four 8oz screw cap lids and jars (Mason jars are ideal. Or recycle jars, but make sure they are sterilized.) Instructions: Add the lotion, vitamin E, and coconut oil into the bowl. Beat with an electric mixer until the consistency is like icing. Add the drops of essential oil and mix gently with the spatula as you go.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382661"
}
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MARCO_23_1171291460-7
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Allow the oil mixture to cool for a few minutes before pouring it into your blender (if using a table-top blender). Let this mixture cool until it’s room temperature. It should look creamy, thick and opaque, but don’t let it get solid. Optional: You can place the blender in the fridge for about 35 minutes to speed up the process. Add the vitamin E oil and essential oil to the cooled oil mixture. If you're using a table-top blender, blend the mixture with the lid on for a few seconds. If you're using an immersion blender, place the stick in the bottom of the mixture (in a high-rimmed bowl), and blend for a few seconds, pulsing up and down at the bottom a few times. If you're using a table-top blender, take the lid off of your blender, or just the top part of the lid if you have that option on your blender. With your distilled water or hydrosol in the glass measuring cup, slowly pour it into the oil mixture in a very thin drizzle while the blender is on medium/low.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382662"
}
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MARCO_49_221159351-3
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Using natural shaving cream and aftershave is important too because when you shave, you are opening up the pores and allowing more toxins into the body. HOMEMADE LOTION RECIPE INGREDIENTS 3 tablespoons shea butter 2 tablespoons cocoa butter 1 tablespoon beeswax 1/2 cup fractionated coconut oil or any other carrier oil 1 teaspoon vitamin E oil (optional) 20 drops essential oils (see my suggestions below) Water (if needed) INSTRUCTIONS Place the shea butter, cocoa butter, and beeswax into a glass bowl. Put the glass bowl over a pot of boiling water to melt all the ingredients. Remove the bowl from the heat and allow it to cool slightly. You don’t want it to cool long, as it will harden. Add the fractionated coconut oil, vitamin E oil, and essential oils to the glass bowl. Mix all the ingredients using an immersion blender. You can add a little water if needed. Pour the lotion into an airtight container for storage. NOTES: You can substitute for rose water in this recipe. Also, it is best to use filtered water or distilled water to extend shelf life. I personally didn’t add any water and liked the consistency. If you don’t have both cocoa butter and shea butter on hand, just substitute the other for the one you do have.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382663"
}
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MARCO_54_2015301119-3
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Oz Essential Oils Supplies: Immersion Blender Stainless Spoons Kitchen Scale Measuring Cup A Large Pot Jars, Tins, or Bottles (to store your lotion) Directions: Begin by washing everything up in hot soapy water. Make sure you wash your immersion blender, too! Combine coconut oil, almond oil, and shea butter in your pot. Heat them until just melted. Add the emulsifying wax to the melted oil mixture and heat everything until the wax melts. Remove pot from heat. Combine the oil and wax mixture with milk and water. Blend everything with the immersion blender for 4-5 minutes until mixture is slightly thickened. Add optiphen and your essential oils, blend for 1 additional minute. The mixture will thin back out at this point, that’s okay. Pour mixture into the containers of your choice and allow to cool. The mixture will thicken back up at room temp. That’s it! Super easy. If you don’t want to use essential oils, you don’t have to. I’ve also mixed this with herbal infused almond oil and herbal teas to add the scent and the properties of the herb. It’s nice because it maintains the scent from the infused oil and tea. But, it does make the lotion a bit darker.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382663"
}
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KILT_42423740-1
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Open banking Open banking is a financial services term as part of financial technology that refers to: BULLET::::1. The use of open APIs that enable third-party developers to build applications and services around the financial institution. BULLET::::2. Greater financial transparency options for account holders ranging from open data to private data. BULLET::::3. The use of open-source technology to achieve the above. Open banking, as a concept could be considered as a subspecies to the open innovation concept, a term promoted by Henry Chesbrough. It is linked to shifts in attitudes towards the issue of data ownership illustrated by regulations such as GDPR and concepts such as the Open Data movement. Section::::History. In October 2015, the European Parliament adopted a revised Payment Services Directive, known as PSD2. The new rules included aims to promote the development and use of innovative online and mobile payments through open banking. In August 2016, the United Kingdom Competition and Markets Authority (CMA) issued a ruling that required the nine-biggest UK banks - HSBC, Barclays, RBS, Santander, Bank of Ireland, Allied Irish Bank, Danske Bank, Lloyds and Nationwide - to allow licensed startups direct access to their data down to the level of transaction-account transactions.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382664"
}
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MARCO_32_1186259104-2
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As users consent to share their personal financial data, banking institutions can distribute information via open application programming interfaces, or APIs for short, allowing third parties to leverage this data and create personalized services with a seamless user experience. For instance, users can integrate their existing bank accounts with third-party apps to conveniently track their expenses and follow their individual savings plans. As we mentioned, the technology behind open banking is using APIs. An API is a set of functions which allow for sharing data and requests between systems, usually, in a controlled, secure manner. There are three types of APIs currently applied in finance: Internal APIs used for sharing data across internal systems and users. Private APIs that let banks exchange data with their partners. Open APIs (public APIs) that allow for sharing data with a wide group of users while providing limited access to information. Source: McKinsey The open banking concept gained significant popularity after 2015 when the European Parliament adopted a new payment services directive known as PSD2. It obligates EU banks and the 9 largest banks in the UK to provide developers with access to customer data via open APIs. However, the general idea isn’t anything new. Such providers as Mint, Personal Capital, and Numbrs had been leveraging data from customer bank accounts before PSD2.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382664"
}
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MARCO_44_737771076-2
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Understanding Open Banking Under open banking, banks allow access and control of customers personal and financial data to third-party service providers, which are typically tech startups and online financial service vendors. Customers are normally required to grant some kind of consent to let the bank allow such access, such as checking a box on a terms-of-service screen in an online app. Third-party providers APIs can then use the customer's shared data (and data about the customer's financial counterparties). Uses might include comparing the customer's accounts and transaction history to a range of financial service options, aggregating data across participating financial institutions and customers to create marketing profiles, or making new transactions and account changes on the customer's behalf. The Promise of Open Banking Open banking is a driving force of innovation in the banking industry. By relying on networks instead of centralization, open banking can help financial services customers to securely share their financial data with other financial institutions. For example, open banking APIs can facilitate the sometimes onerous process of switching from using one bank's checking account service to another bank's.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382665"
}
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MARCO_56_1468600279-7
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Banking as a Platform The Banking as a Platform paradigm allows for using bank’s existing core banking systems as a base or platform upon which new and innovative banking products or services are built. The best and most practical example of BaaP is perhaps the Open Banking Project. It allows for third party developers to connect to a bank’s core banking platform using open APIs and build apps which use the bank’s data and information but provide something which is more useful or entirely new. For example, you could download an app on your phone which connects to all your saving accounts, loan accounts, credit cards, trading accounts etc. and provides a single view of everything. You can then transact right there on that app and juggle all your finances from a single application. The core data is still residing with the respective banks, but the front end is this third party application. Cloud Based Infrastructure and Infrastructure as a Platform Most users would only ever see the visible front end of a banking or payment platform while transacting or using a financial service. At the back end, however, there are mountains of servers and data banks and streams of communication lines. The banking industry has always been very adaptive of new computation technologies, mostly because it relies very heavily on statistics and data in order to remain profitable.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382665"
}
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MARCO_59_690617273-7
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Practitioners around the globe frequently use ”open banking” as an umbrella term that encompasses both open banking and platform banking. But we believe there are important differences. Open banking is when a bank, upon a customer’s request, shares customer data with third parties via APIs. 6 Open banking does not use other, less secure methods of data-sharing, such as screen scraping, CSV files, or OCR-readable statements. There are two types of open APIs: read access, which only gives access to account information, or write access, which enables payments. 7 Open banking can be mandated through government regulations, as it is in the United Kingdom and the European Union Second Payment Services Directive (PSD2), or its adoption can be industry-driven, as is the case now in the United States. 8 Open banking is built upon the premise that customers own the data they generate and have the right to direct banks to share their data with others they trust. While it was designed to give customers more choice, open banking may end up making customers better understand and appreciate the value of one of their key assets: their data.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382666"
}
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MARCO_00_554022123-7
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Adopting APIs does require a leap of faith in the traditional marketing doctrine — indeed, rather than trying to “capture” customers into a bespoke system, the API actually fosters opening the systems to be freely assembled by the consumers in the way they desire. As such, making the move to business APIs is a tricky decision to make for many businesses, especially the banks. Stripe, a company based in San Francisco, proposes to enable a business to process electronic payments simply by integrating Stripe’s APIs (and supporting processes). Apigee, another company in the Silicon Valley, propose to “API-ise” a business and make their services available in new ways on the Internet. So does the Open Bank Project, a German startup, who focuses specifically on banks. The third innovation is a crowd-sourced, social media based, identity system. In the current financial system, regulation impose that banks and other players conduct “Know Your Customer” (KYC) activities, with the goal of confirming the identity of people that open accounts and conduct transactions. In many occasions though, KYC proves to be very cumbersome because it implies manual checks of various documents.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382667"
}
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MARCO_29_1537153371-4
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With the vast majority of consumers having banking relationships spanning a decade or longer, the integration of voice, long-term transactional analysis, geolocation, and current contextual learnings combined with preferences and behaviors outside of banking over time, is where the power of AI and voice commerce becomes really exciting. ( Read More: Chatbots to the Rescue: How Conversational AI Will Save Call Centers ) 3. Open Banking While the largest tech firms — Google, Apple, Facebook, Amazon (GAFA) — are leading the charge towards implementing open API platforms, the model they use may not be the one most banking organizations should follow. Not only do most financial institutions lack the technical expertise or the financial wherewithal to implement these models and support a vast developer community, the ability to acquire new customers to replicate their success is unlikely. That said, an open banking platform future is within sight for financial organizations of all sizes. For instance, account aggregation is becoming much more commonplace, with firms like Citibank developing completely new digital-only products with this capability. Similarly, traditional banking functions like taking deposits or making payments could become integrated within non-traditional organizations (Starbucks, Amazon, etc.).
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{
"last_modified_datetime": "2024-04-12T16:39:48.382667"
}
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MARCO_59_689058722-2
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And opening up customer transaction data to third parties is likely to have profound effects on traditional retail banking, requiring organizations to make strategic choices around business-model impacts and customer retention. Related insights: 2019 Banking Industry Outlook Open banking Learn more Close Digital and emerging technologies New technologies are drastically changing the banking and capital markets industry in the front, middle, and back office. AI and automation are proving to be valuable in ways we never thought possible. Blockchain has led to innovation across the business and will continue to do so. Cloud is changing the industry and has implications we have not experienced. Companies are trying to understand these technologies, see where and how they can be used, and how they may work with legacy technologies which are in place already. Related insights: Cloud banking: More than just a CIO conversation The new realities of technology in financial services How artificial intelligence is transforming the financial ecosystem The investment bank of the future Accelerating digital transformation in banking EMEA digital banking maturity study The future of operations – Beyond process automation Making blockchain real for customer loyalty rewards programs Cloud based core banking: Is it possible? Can AI be eithical?
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{
"last_modified_datetime": "2024-04-12T16:39:48.382668"
}
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MARCO_22_1797178347-8
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curve.app Loot – a combo of a digital current account and a card with a set of features to set financial goals, plan budgets, carry out financial transactions abroad, make money transactions; Revolut – a personalised bank account with embedded tools used for budgeting, monitoring savings, and control spendings. revolut.com Why are digital-only banks attracting more and more clients? They give more freedom, use a personalised approach, and deliver products and services at fast speeds. Business alliances A new wave in finance technology trends is about smart collaborations. Competing for clients in the past, traditional banks and Fintech startups are now establishing a partnership. A Start Path by Mastercard is a global project for Fintech startups from various parts of the world that helps innovators kickstart their projects. startpath.com Mastercard provides startups with access to their ecosystem and network. The program consists of two parts: half a year of online partnership and 2 weeks working in different locations. Start Path is open for bright ideas in banking, biometrics, wearables, AI, security, and logistics. Another case study is ATB Financial, a Canadian bank, that two years ago used the blockchain technology in collaboration with Ripple and ReiseBank AG to make a large international payment.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382668"
}
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MARCO_30_126772566-3
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And fintechs will need those dollars—they tend to burn about two to three times as much cash compared with other startups, according to an analysis by Brex, likely due to factors like regulatory hurdles. Here are the 10 most valuable private, venture-backed fintechs in the U.S.: 1. Stripe, $22.5 billion Originally a service to help small online sellers process payments, today Stripe serves tech giants like Microsoft and Amazon, too. In 2018 the company announced three new high-profile products, including credit card issuing technology, point-of-sale software and a billing platform for subscription businesses. Cofounders: CEO Patrick Collison, 30, and president John Collison, 28. Irish-born brothers, dropouts from MIT (Patrick) and Harvard (John) launched Stripe in 2011 2. Coinbase, $8 billion Expanding beyond its roots as a bitcoin wallet and retail exchange, Coinbase now offers cryptocurrency custody and professional and institutional trading platforms. Last year bought Earn.com, a service where users pay in bitcoin to contact experts via email, for a reported $100 million. Cofounder & CEO: Brian Armstrong, 36, whose Coinbase holdings make him a billionaire 3. Robinhood, $5.6 billion Broker offers commission-free trading of stocks, ETFs, cryptocurrencies and options through a mobile app.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382669"
}
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MARCO_35_360867588-4
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Salaries for financial managers break down according to these industries: Professional, scientific and technical services: $147,000 Management of companies and enterprises: $141,800 Manufacturing: $124,000 Government: $110,000 Professionals in Fintech who want to enjoy the highest salaries may want to check out these cities: Atlanta: This has been a major financial hub for years. It now is the host of many Fintech startups and technology accelerators. Firms such as BitPay and Ingo Money are located here – big startup players in Fintech. Austin: This central Texas city is home to many older Fintech companies, such as Kasasa, Malauzai and Q2 Holdings. Miami: This is another hot Fintech market that has startups such as Waleteros, a banking app, and ClassWallet that is geared to assist schools with financial transactions. Omaha Lincoln: Omaha has a booming banking sector that is anchored by First National Bank of Omaha, which is the largest privately held bank. Financial Technology Degree Employers With your financial technology degree, you may be able to find lucrative work for many large and small financial companies.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382669"
}
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MARCO_36_722824466-14
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On the NuovoPay dashboard, the leasing companies can keep a record of their leased devices, automate payment reminders or schedule them, and block or unblock device access with a click. Radpay Industry: FinTech Funding: $78.8M Investors: Stripes Radpay is an online payment solution that helps customers pay faster for their purchases, resulting in a reduced number of cart abandonments. It is one of the top blockchain startups that connects blockchain with PCI-compliant card payment and banking infrastructure. It ensures secure transactions for merchants through a combination of mobile apps, browser plugin, application programming interfaces (APIs), pre-configured ecommerce cart plug-ins, and credit card terminal apps. It is perfect for merchants who want an alternative to the current payment solutions that charge a high fee and provide below-average service. Depending on your business, Radpay can help you improve margins by as much as 200%. BUTTON Wallet Industry: FinTech Funding: $600K Investors: Fulgur Ventures Do you love trading in cryptocurrency? With Button Wallet, you can buy, sell, and trade cryptocurrency with a telegram app. It is a perfect app for people who trade cryptocurrency on the go.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382670"
}
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WAPO_2321616de259a1e47e1720d1c17dd219-1
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Nearly 20 years ago, the launch of online payments giant PayPal shook the financial services industry. Now, a new generation of financial technology or “fintech” companies is once again breaking down the oversized doors of the conservative banking business. From facilitating loans to wealth management to mobile payments to tax preparation, fintech companies are attacking traditional — and often inefficient — practices that shut out as many as two billion consumers (most outside the United States) from the most basic financial services. The recent growth of fintech start-ups is impressive. Four of the top 20 companies in Inc. magazine’s latest list of the 500 fastest-growing private companies are financial services start-ups, who hold 27 slots on the list overall. In data collected by KPMG, thirteen fintech startups are valued at over $1 billion, achieving the status Silicon Valley investors refer to as a “unicorn” because of their rarity. These include Square (mobile payments), Prosper (peer-to-peer lending), Shopify (retail sales management) and Credit Karma (financial management). Incumbent bankers are worried, and rightly so. In a recent letter to shareholders of JP Morgan Chase, America’s largest bank, chief executive Jamie Dimon warned investors that “Silicon Valley is coming.”
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{
"last_modified_datetime": "2024-04-12T16:39:48.382671"
}
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MARCO_13_1445428180-7
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Trust and reputation Coinbase enjoys an excellent reputation and trust as a registered and regulated company with well-known VCs as investors, transparent team and immaculate track record (with minor, anecdotal complaints from individual customers). Coinbase is a Bitcoin company based in San Francisco, which means that is required to comply with US laws and regulations, at both a federal and state level. Here are some of the regulatory bodies, laws, and regulations that Coinbase complies with: It complies with state money transmission laws and regulations. It complies with the USA Patriot Act. It complies with the Bank Secrecy Act. It is registered with FinCEN as a Money Services Business. Robinhood is regulated by the Securities and Exchange Commission (SEC). In addition to SEC regulation, Robinhood voluntarily participates in self-regulatory organizations (SROs) like the Financial Industry Regulatory Authority (FINRA). SROs are overseen by the SEC, but they are not part of the government. Security Coinbase segregates customer funds from company operational funds. These customer funds are held in custodial bank accounts. This means they will not use funds of yours to operate their business. They also claim, “Even if Coinbase were to becomes insolvent, the funds held in the custodial bank accounts could not be claimed by Coinbase or its creditors.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382671"
}
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MARCO_14_928152695-2
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Meanwhile, the US Securities and Exchange Commission (SEC) has indicated that it considers cryptocurrencies to be securities, and applies securities laws to digital wallets comprehensively in an approach that will affect both exchanges and investors alike. By contrast, The Commodities Futures Trading Commission (CFTC) has adopted a friendlier, “do no harm” approach, recognising Bitcoin and Ethereum as commodities and allowing other virtual and cryptocurrency derivatives to trade publicly on exchanges that it regulates or supervises. In response to guidelines published by FATF in June 2019, FinCEN has also made clear that it expects crypto exchanges to comply with record-keeping requirements and the “Travel Rule” by sharing information about the originators and beneficiaries of cryptocurrency transactions. The US places virtual currency exchanges in the same regulatory category as traditional AML/CFT gatekeepers, financial institutions, and money transmitters: accordingly, it applies the same regulations, including those set out in the 2021 amendments to the Bank Secrecy Act (which has established its own version of the Travel Rule). SPEAK TO OUR EXPERTS Request a Demo Discover our solutions for the cryptocurrency industry to see how we can help your organization comply with regulations. Request a Demo Future Cryptocurrency Regulations The US Treasury has emphasized an urgent need for crypto regulations to combat global and domestic criminal activities.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382672"
}
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MARCO_36_1088653421-1
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FAQ - Coinbase Legal Is Coinbase regulated? Yes. Coinbase complies with all applicable laws and regulations in each jurisdiction in which it operates. United States Coinbase, Inc., the company which operates Coinbase and GDAX in the U.S., is licensed to engage in money transmission in most U.S. jurisdictions. Most of Coinbase’s money transmission licenses cover US Dollar Wallets and transfers. In some states, money transmission licenses also cover digital currency wallets and transfers on the platform. In other states, no money transmission license is required to operate a digital currency business. Coinbase is also registered as a Money Services Business with FinCEN. Coinbase is required to comply with a number of financial services and consumer protection laws, including: The Bank Secrecy Act, which requires Coinbase to verify customer identities, maintain records of currency transactions for up to 5 years, and report certain transactions. The USA Patriot Act, which requires Coinbase to designate a compliance officer to ensure compliance with all applicable laws, create procedures and controls to ensure compliance, conduct training, and periodically review the compliance program. Most states’ money transmission laws and corresponding regulations. International Some countries now require licenses to operate a digital currency business. Coinbase is committed to obtaining licenses as needed to comply with local laws.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382672"
}
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MARCO_37_419653283-1
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How is cryptocurrency regulated in different countries How is cryptocurrency regulated in different countries February 15, 2018 By Vitali Maldashou Amid increased bitcoin volatility and companies charging against virtual currency we look at crypto regulation in different countries. While some introduce heavy regulatory burden on virtual money activity, others remain positive and crypto friendly. The United States The US has a limited cryptocurrency regulation. In 2014 the Internal Revenue Service (IRS) established that virtual cryptocurrency should be treated as property for U.S. federal tax purposes. Some activities, i.e. sales or exchange, are subject to the Bank Secrecy Act (BSA). Initial coin offerings in some instances are attributed to issuing securities and obliged to follow the same requirements. The European Union The European Central Bank (ECB) classifies cryptocurrency (bitcoin in particular) as convertible decentralised virtual currency. There’s no explicit regulation and in 2014 the ECB advised the European banks to steer clear of cryptocurrency-related transactions until the laws are enacted. In 2017 the EU directive on anti-money laundering was amended to address risks of money laundering and terrorist financing with help of cryptocurrencies. Cryptocurrency service providers and virtual platforms must adhere to the same requirements as banks and other financial institutions in identifying clients and tracking suspicious activity.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382673"
}
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MARCO_40_588009354-24
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Bitcoin and other digital currencies are such a new phenomenon that regulatory frameworks are still being developed and fine-tuned. The state of cryptocurrency is constantly shifting in countries all over the world, and each new government announcement about crypto regulation can potentially drive price movements across the entire market. Make sure you stay up to date with policy changes where you live to ensure that your cryptocurrency use doesn’t put you on the wrong side of the law. That said, here’s how cryptocurrencies currently stand with the world’s regulators: North America Canada and the USA both responded quickly and moved to work cryptocurrencies into existing financial systems. However, the two countries have adopted quite separate approaches to how they regulate digital coins and tokens. In Canada, bitcoin and other cryptocurrencies are not classed as legal tender, but Canadians can use digital currencies to buy goods and services on the Internet and in stores. Cryptocurrencies are subject to the country’s Income Tax Act, and entities dealing in digital currencies are regulated under anti-money laundering and counterterrorism financing laws. Across the border in the United States, the regulatory landscape is quite confusing. Laws surrounding cryptocurrency exchanges differ from state to state, while national-level regulators have differing opinions on exactly how cryptocurrencies should be treated.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382674"
}
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MARCO_12_2010057403-6
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The Bitcoin Foundation has stated its opinion that the US government is increasing federal and state regulation of Bitcoin in the US with a view to “control and stifle the adoption and use of so-called ‘virtual currencies’ such as Bitcoin.” European Union The EU has taken a more open approach to Bitcoin than the US, as well as offering less ambiguity. Indeed, the EU already had a framework to govern the use of electronic money before the invention of Bitcoin, which was adaptable to fit cryptocurrencies such as Bitcoin. The European Central Bank has classified Bitcoin as a ‘convertible decentralized virtual currency’. The European Banking Authority (EBA) has advised European banks not to trade in any cryptocurrencies until a regulatory regime was put in place. In 2016, the European Parliament agreed to set up a taskforce to monitor cryptocurrencies with a view to combating money laundering and terrorism. The European Commission has further proposed that cryptocurrency exchanges and digital wallets would be subject to regulation in order to prevent tax evasion. The current rapporteur of the first Blockchain Resolution of the European Parliament has suggested that the benefits of a framework of rules in respect of the blockchain industry would allow for companies and customers operating in the sphere to act on a level playing field.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382674"
}
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MARCO_35_434340657-2
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Best for Buying If your only goal is to buy Bitcoin, Ethereum or another coin, the following exchanges have smooth and easy buying processes: eToro Coinbase Best for Trading If you plan on trading in and out of different coins, the following exchanges support many cryptocurrencies: eToro Coinbase Pro Best for 401K or Retirement If you want to save Bitcoin using money from your 401k or an IRA, then you should open a Bitcoin IRA: BitcoinIRA.com Now, let's give a bit deeper into some of the exchanges mentioned above with our detailed overviews. Chapter 2 Top Cryptocurrency & Bitcoin Exchanges in America eToro Popular Buy Now at eToro's Secure Site eToro is a trading platform based in the United States. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins. Deposits can be made quickly via bank transfer or ACH. It also offers unique features like copy trading. Limited time offer: Get $50 free once you trade $1,000 worth of cryptocurrency. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382675"
}
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MARCO_40_588009354-26
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The regulatory environment also varies from one country to the next, with some nations delegating all crypto regulation to the EU and others taking a more hands-on approach. In April 2018, the EU Parliament voted to introduce tighter regulations for cryptocurrencies. In an effort to prevent the use of cryptocurrencies in money laundering and terrorism financing, the regulations aim to tackle the anonymity of digital coins. As a result, crypto exchanges and wallet providers will be required to register with authorities and introduce customer due diligence procedures, including identity verification. As for what the future holds, we can find some clues in a July 2018 report from the EU’s Policy Department for Economic, Scientific and Quality of Life Policies entitled “Virtual currencies and central banks monetary policy: challenges ahead”. Referring to cryptocurrencies as virtual currencies (VCs), the report states that: “Policy makers and regulators should not ignore VCs, nor should they attempt to ban them. Both extreme approaches are incorrect. VCs should be treated by regulators as any other financial instrument, proportionally to their market importance, complexity, and associated risks.”
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{
"last_modified_datetime": "2024-04-12T16:39:48.382675"
}
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MARCO_44_710394583-3
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Blockchain Sandboxes Regulatory sandboxes have also been used to test blockchain technology and how to effectively introduce and implement cryptocurrencies within a financial system. Blockchain is a distributed-ledger system similar to a shared database in which financial transactions are verified before being added to the publicly-viewed ledger as a permanent record. Transactions in a blockchain must be approved and validated by its participants and once a transaction has been completed, a new block is added to the network. Although blockchain technology is typically used as a shared ledger for public use, private blockchains can also be created, which would only allow access for certain participants that meet the authentication requirements. The interest in blockchain technology by governments and regulators is on the rise. For example, in 2018, the European Commission announced that more than 21 member states of the European Union signed a declaration creating the European Blockchain Partnership (EBP) to develop the European Blockchain Services Infrastructure (EBSI). The blockchain initiative is designed to provide access to digital public services such as regulatory reporting, energy, and logistics to benefit companies and citizens. 1 Regulatory Sandboxes in the Financial Sector Sandboxes can help regulators learn about new technologies, such as financial technologies (or fintech ), which offer financial products online and through mobile devices.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382676"
}
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MARCO_53_898399368-17
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The UK’s AMLD5 crypto response (Q1 2020) In the UK, which has since left the EU with Brexit at the end of January, the Financial Conduct Authority (FCA) took over on 10 January 2020 as the UK’s main AML/CFT supervisor of crypto assets and related businesses and activities. They are now responsible for regulating crypto exchanges, custodian wallet providers, Bitcoin ATMs and token issuers. FCA Logo The FCA declared in February that it would postpone the country’s FATF’s R.16 June 2020 implementation deadline to allow VASPs more time to implement suitable solutions. This is a significant development, as the FCA is one of the world’s strongest and most established regulators of the cryptocurrency industries. Therefore, their postponement may influence other countries to follow suit. Germany’s AMLD5 crypto regulatory response (Q1 2020) Due to their influence in the EU, Germany usually leads by example when it comes to implementing EU regulations. Germany has therefore established a rigorous licensing framework for locally operating crypto businesses, who now need to register with German regulator BaFin since 1 January 2020.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382676"
}
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MARCO_16_4042721836-22
|
DEA agent Carl Mark Force IV, who attempted to extort Silk Road founder Ross Ulbricht ('Dread Pirate Roberts'), pleaded guilty to money laundering, obstruction of justice, and extortion under color of official right, and was sentenced to 6.5 years in federal prison. U.S. Secret Service agent Shaun Bridges pleaded guilty to crimes relating to his diversion of $800,000 worth of bitcoins to his personal account during the investigation, and also separately pleaded guilty to money laundering in connection with another cryptocurrency theft; he was sentenced to nearly eight years in federal prison. Homero Josh Garza, who founded the cryptocurrency startups GAW Miners and ZenMiner in 2014, acknowledged in a plea agreement that the companies were part of a pyramid scheme, and pleaded guilty to wire fraud in 2015. The U.S. Securities and Exchange Commission separately brought a civil enforcement action against Garza, who was eventually ordered to pay a judgment of $9.1 million plus $700,000 in interest. The SEC's complaint stated that Garza, through his companies, had fraudulently sold 'investment contracts representing shares in the profits they claimed would be generated' from mining. On 21 November 2017, the Tether cryptocurrency announced they were hacked, losing $31 million in USDT from their primary wallet.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382677"
}
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MARCO_16_4043089295-2
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Exchanges Notable cryptrocurrency exchange hacks, resulting in the theft of cryptocurrencies include: Bitstamp In 2015 cryptocurrencies worth $5 million were stolen Mt. Gox Between 2011 and 2014, $350 million worth of bitcoin were stolen Bitfinex In 2016, $72 million were stolen through exploiting the exchange wallet, users were refunded. NiceHash In 2017 more than $60 million worth of cryptocurrency was stolen. Coincheck NEM tokens worth $400 million were stolen in 2018 Zaif $60 million in Bitcoin, Bitcoin Cash and Monacoin stolen in September 2018 Binance In 2019 cryptocurrencies worth $40 million were stolen. Currencies See also: Ethereum § The DAO event In 2016, known as the DAO event, an exploit in the original Ethereum smart contracts resulted in multiple transactions, creating additional $50 million. Subsequently, the currency was forked into Ethereum Classic, and Ethereum, with the latter continuing with the new blockchain without the exploited transactions. In 2017, Tether announced they were hacked, losing $31 million in USTD from their primary wallet. The company has 'tagged' the stolen currency, hoping to 'lock' them in the hacker's wallet (making them unspendable). Bitcoin There have been many cases of bitcoin theft. As of December 2017 [ update] , around 980,000 bitcoins have been stolen from cryptocurrency exchanges.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382678"
}
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MARCO_20_1717425204-3
|
Drunk Elephant Umbra Sheer Daily Defense SPF 30 $ $ BUY NOW CeraVe Vitamin C Serum with Hyaluronic Acid $ $ BUY NOW Eau Thermale Avene Thermal Spring Water $ $ BUY NOW CeraVe Hyaluronic Acid Face Serum $ $ BUY NOW Native Deodorant $ $ BUY NOW BAGGU Standard Reusable Shopping Bag $ $ BUY NOW The filmmakers place a heavy focus on the role of the banks in the financial crisis, pitting the early Bitcoin proponents against “the man” of traditional finance. The documentary covers various high-profile incidents such as the Mt.Gox hack, where the world’s biggest Bitcoin exchange lost more than $450m of user funds in an attack. The FBI takedown of dark web marketplace Silk Road, and the subsequent imprisonment of Charlie Shrem for having aided and abetted an unlicensed money transfer business also feature. While all of these are important in the history of Bitcoin, they don’t necessarily paint the crypto movement in the best light to regulators. Netflix has nearly 150 million subscribers giving Banking on Bitcoin a vast reach. The easily-digestible format makes it a go-to resource for anyone wanting to learn about cryptocurrency – whether they’re would-be investors or government and regulatory officials. Regulatory Risks It’s worth taking into account that cryptocurrency is at a very critical moment right now.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382678"
}
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MARCO_47_921598546-9
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Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article 18/31 SLIDES © Showbizz Daily Crypto scams and scandals Bitcoin never reached the peak of $20,000 again because there have been many scandals surrounding cryptocurrencies since 2017. Hackers and scammers stole millions of dollars from unaware investors, showing that the code was not so secret and safe after all. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article 19/31 SLIDES © Showbizz Daily Litecoin, Ethereum, and Bitcoin While Bitcoin forms 67% of the cryptocurrency market, there are many other coins. Two top cryptos are Ethereum and Litecoin. In 2019, Ethereum went from $160 to $335 and then back to $130 again. Meanwhile, Litecoin rose from $40 to $141 before falling back to $40. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article 20/31 SLIDES © Showbizz Daily Hong Kong, South Korea, and Japan are major crypto countries Asian companies hosting cryptocurrency markets, especially in Hong Kong, and investors buying the tokens, most of all in South Korea and Japan, have given a great impulse to cryptocurrencies worldwide.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382679"
}
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WAPO_885878b53de0bdcca651e1265fadfaba-1
|
Bitcoin burst into mainstream attention after Gawker wrote about the online drug marketplace Silk Road in 2011. Silk Road uses Bitcoin, with its decentralized, anonymity-friendly architecture, to shield its users and operators from law enforcement scrutiny. That's important because Silk Road sellers sell all manner of illicit goods, from marijuana to cocaine to prescription painkillers. Forbes reports that Silk Road has been so successful that new firms are entering the Bitcoin drug market. And one of them has a fun promotional video, telling the story of 'Charlie,' who moved to a new city and wasn't able to find any weed. Then, he learned about the online drug marketplace Atlantis, and 'the next day Charlie is high as a damn kite.' Atlantis says it has lower fees and is more user-friendly than Silk Road. And the site has embarked on an ambitious publicity campaign. The site's anonymous CEO participated in a reddit 'Ask Me Anything,' boasting that Silk Road 'has more users, but our service is better (to put it bluntly).' Another site, called Black Market Reloaded, keeps a lower profile.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382679"
}
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MARCO_30_938880876-2
|
For consumers who hold more than one bank account, the changes would also allow businesses, known in the legislation as Account Information Service Providers, to display all their account information in one place for them - similar to the service offered by Mint, in the US. PSD2 will also require stronger identity checks when paying online. Like many elements of the directive, the specifics are still being debated - but it’s likely to involve more checks than we currently have, particularly for high value transactions. How is this relevant to Stop Hidden Fees? In Spring next year, the UK Parliament will debate the Payment Services Regulations. These regulations will write PSD2 into UK law, but the Government can decide what is (and isn’t) upheld. As well as the welcome changes to online payments and direct debits, PSD2 also prohibits the use of non-transparent pricing methods for international payments. Right now, banks and brokers often hide costs in poor exchange rates, which are much lower than the mid-market rate you’d see on Google. Most providers only disclose up front fees, either a fixed fee or a percentage of the transfer amount, meaning that customers are surprised with extra fees when the exchange rate used isn’t the one they’re expecting.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382680"
}
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MARCO_32_1186259104-3
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These aggregators combined information from several user’ accounts to store all information in one place. Unsurprisingly, customers had to share usernames and passwords for each account with these aggregators making the whole system vulnerable to privacy risks. Early “open banking” projects were scraping data from shared sources, but the records were often incomplete and provided only a partial picture. These projects were difficult and expensive to support: If a bank decided to redesign its application, scraping became impossible. Open banking APIs solve that problem by providing access to standardized data in a secure manner. Payment Services Directive Explained So, what is PSD2? The Second Payment Services Directive (PSD2) is a legal framework that regulates payment services through the EU and EEA (European Economic Area). The directive supports innovation and development of an integrated payment market across Europe. The new regulatory document was adopted in October 2015. It was a logical extension of the original PSD, which was designed in 2007 to increase competition across the payment industry. The new directive is focused on making cross-border payments easy and secure. PSD2 integrates open banking and APIs with the financial business industry ecosystem. Third parties can access customer bank account data, based on customer approval.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382680"
}
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MARCO_44_1517586522-16
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Online payment security regulations EU PSD2 regulation A leading security regulation in the payments space is the EU’s second payment services directive (PSD2). Effective September 2019, the point of the directive is to improve the EU’s previously established rules for electronic payments and make the international payment process (within the EU) easier and more secure. PSD2 rules primarily focus on electronic payments, payment services, and users and providers of those payment services. The directive also changes the payments market by allowing more businesses to enter it, enhancing consumer rights, and limiting interchange fees. All these aspects play a part in making the payments space more competitive and giving end consumers a greater variety of payment services. Another important aspect of PSD2 is the focus on strong customer authentication (SCA) — a security approach that requires two of three verification elements to authorize a payment: Knowledge: something only the user knows, like a password or a pin Possession: something only the user possesses, such as a mobile phone or a debit or credit card Inherence: something that identifies the user biologically, such as facial recognition or a fingerprint scan SCA seeks to reduce card fraud, specifically in the problematic category of card-not-present transactions (when customers aren’t able to physically present a card to the buyer).
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{
"last_modified_datetime": "2024-04-12T16:39:48.382681"
}
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MARCO_46_393414303-17
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· The introduction and implementation of both Payments Service Directive 2 (PSD2) and the Open API standards and data sharing remedy from the UK Competition and Markets Authority following its Retail Banking Market Investigation Order (together 'Open Banking') from January 2018 with delivery across 2019 provides third parties and banks with opportunities to change and enhance the relationship between a customer and their bank. It does this by providing customers with the ability to share their transactional data with authorised third-party service providers either for aggregation or payment services. It is anticipated that both aggregation and payment services will be offered by third parties to Barclay Group's customers and Barclays Group itself has launched an aggregation service. PSD2 will also introduce new requirements to the authentication process for a number of actions customers take, including ecommerce transactions. A failure to comply with Open Banking requirements could expose Barclays Group to regulatory sanction. Further, the data sharing regime could mean that actions or omissions by third-party service providers could expose Barclays Group to potential financial loss from third-party fraud, misuse of customer data, litigation and reputational detriment, amongst other things. The changes to authentication may change the fraud environment across the industry as providers implement different approaches to comply.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382682"
}
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MARCO_59_690617273-16
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Banks may want to choose partner institutions that have already engendered a lot of customer trust, including other banks. Banks should also work with regulators to foster common industry standards for APIs. They should ensure that other regulations related to data security or customer privacy do not inhibit the development and growth of a market-driven open banking approach. US banks should be selective in their open banking strategies As highlighted in other publications by Deloitte, 16 open banking seems here to stay and is quickly gaining ground outside the United States. More and more consumers are taking advantage of open banking developments in the United Kingdom and Europe, 17 and progress has been made on technical standards. While it may be premature for leaders from these banks to point to open banking as a key driver of innovation and competitive advantage, the foundation has been set. In the United States, on the other hand, open banking is in the early stages, which presents an unprecedented opportunity, especially for early adopters. Here, open banking, along with the broader digital transformation journey that many banks around the world have taken, can help enable the shift from a product mindset to a singular focus on serving customer needs.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382682"
}
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MARCO_59_690617273-17
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US banks can use open banking to recalibrate customer relationships by giving customers control of their data and helping them more easily and confidently engage with third parties for a variety of services. Shifting to open banking may require banks to partner with a broader ecosystem of providers, but banks can still stay at the center of customers’ financial lives by remaining trusted advisers in these arrangements. How US banks respond to the open banking wave could inform and shape their digital transformation strategies as well. By inserting customers at the heart of the transformation in open banking and beyond, banks can build trust and ensure they remain in a position of strength. However, there are still some uncertainties about the scale and pace of adoption of open banking in the United States. Should banks fully embrace open banking and accelerate their adoption, or should they be more selective in choosing where to play, or perhaps even wait to see what happens before making a choice? Each approach has its pros and cons (figure 8). Going “all-in” may yield a first-mover advantage, but exposing the institution to open banking on all fronts, for all products, customer groups, and with all types of third parties all at once may increase some risks.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382683"
}
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MARCO_59_690617273-3
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Here are some key factors US bank leaders can consider when developing their open banking approaches. Key messages In the United States, open banking is expected to evolve as an industry-driven initiative, unlike other countries, where regulatory mandates are forcing many banks to adopt open banking. However, US banks can benefit from lessons learned in these regions, such as how to establish technical and customer experience standards for data-sharing/APIs. If done well, open banking can help US banks achieve key strategic goals. Open banking can amplify and accelerate banks’ digital transformation efforts and the emergence of new business models. So far, attitudes toward open banking in the United States appear to be mixed. Our consumer survey revealed one in five consumers in the United States find open banking valuable, 1 but the interest is higher among millennials and the Gen Z generation. This suggests US banks should target younger generations in their initial open banking initiatives. But consumers also expressed some concerns, especially about privacy, and the security and use of personal data. This seems to point to a need for banks to educate consumers about the benefits of open banking. The question, “Who owns my data?” is at the heart of how receptive consumers may be about open banking.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382683"
}
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MARCO_59_690617273-9
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We do not know yet whether this will be a model for other countries, 11 although in the United Kingdom, similar efforts are underway (UK ODI Review). While the open banking model in the United States may take a different path, US banks can learn valuable lessons by looking at how it has been implemented in more regulatory-driven environments. Bank leaders may find it particularly helpful to review how different regions set technical and customer experience standards for data-sharing. To date, there are no signs that new open banking regulations are being developed in the United States. In 2018, the US Treasury Department stated that there are significant differences between the United Kingdom and the United States, “with respect to the size, nature, and diversity of the financial services sector and regulatory mandates,” and as such, “an equivalent open banking regime for the US market is not readily applicable.” 12 This implies that the US banking industry is likely to pursue an industry-driven approach. However, policymakers and regulators have issued recommendations encouraging banks to adopt best practices. Banks, large and small, are developing APIs to facilitate a safe means to exchange banking data and move away from less secure, screen-scraping methods.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382684"
}
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MARCO_29_1537139190-1
|
Five Innovation Trends That Will Define Banking in 2019 Five Innovation Trends That Will Define Banking in 2019 Subscribe Now Get The Financial Brand Newsletter for FREE - Sign Up Now The banking industry is beginning to incorporate the traits and practices that were once the domain of fintech startups. Banks and credit unions have become more comfortable with a faster pace of innovation, using data and analytics more extensively and digitizing processes as opposed to simply turning paper into PDFs. By Jim Marous, Co-Publisher of The Financial Brand, CEO of the Digital Banking Report and host of the Banking Transformed podcast. Subscribe to The Financial Brand via email for FREE! The global banking sector is becoming both more strategically focused and technologically advanced to respond to consumer expectations while trying to defend market share against an increasing array of competitors. A great deal of emphasis is being placed on digitizing core business processes and reassessing organizational structures and internal talent to be better prepared for the future of banking. This transformation illustrates the increasing desire to become a ‘digital bank’. The importance of innovation and developing new solutions that take advantage of data, advanced analytics, digital technologies and new delivery platforms has never been more important.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382684"
}
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MARCO_29_1537139190-5
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The understanding and leveraging of the innovation potential of open banking will allow legacy financial services organizations to build on their existing customer relationships. By giving customers choice and control of their own data, first-mover banks and credit unions can become leaders in an era of increasingly personalized financial services. The expansion of open banking also will encourage non-traditional financial firms to collaborate with traditional banks or go solo with the same intention … innovating on behalf of the consumer. ( Read More: Top Digital Banking Transformation Trends for 2021 ) REGISTER FOR THIS FREE WEBINAR Leveraging Location for Growth: How to Expand into New Markets and Thrive To be competitive post-COVID financial institutions must grow to survive—often by seeking new opportunities in new markets. Wednesday, June 16th at 2pm (ET) 3. Commitment to Phygital Delivery With the high cost of a traditional branch network and the increasing number of transactions moving to digital channels, more and more traditional financial services companies are introducing digital-only banking entities. Some banks are launching digital-only banks to collect deposits, while other financial firms are using digital platforms to provide lending, investing and specialty services. In each instance, the focus is on innovative customer experiences and increased value to the consumer, supported by customer data and advanced analytics that can personalize engagement.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382685"
}
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MARCO_29_1537139190-7
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For the first time time, the banking industry can consolidate all internal and external data, building predictive profiles of customers and members in real time. With consumer data that is rich, accessible and financially viable to deploy, financial institutions of all sizes can not only know their customers, but also provide advice for the future. This enhanced use of data will enhance the consumer experience, while increasing security and efficiency. By moving from a rear-view-mirror perspective of customer communication to services deployed by robo-advisors and AI-driven chatbots, financial institutions will provide consumers with value through ‘next-best actions’ as opposed to blind selling of products. The real innovation will occur when financial institutions integrate this capability with the expanded services of open banking and connected devices. The reach of banks and credit unions can be expanded as virtual agents work on behalf of the consumer to find the best mix of solutions for each individual in real time. This transformation may also result in the elimination of specific traditional products (checking, loans, payments) with the emergence of universal cash management solutions that address all needs in an integrated service.
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{
"last_modified_datetime": "2024-04-12T16:39:48.382686"
}
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