This week Linux Foundation Charities launched "a groundbreaking open source software solution for real-time fraud prevention" named Tazama — "with support from the Bill & Melinda Gates Foundation."

They're calling it "the first-ever open source platform dedicated to enhancing fraud management in digital payments." Until now, the financial industry has grappled with proprietary and often costly solutions that have limited access and adaptability for many, especially in developing economies.

This challenge is underscored by the Global Anti-Scam Alliance, which reported that nearly $1 trillion was lost to online fraud in 2022. Tazama challenges this status quo by providing a powerful, scalable, and cost-effective alternative that democratizes access to advanced financial monitoring tools that can help combat fraud... The solution's architecture emphasizes data sovereignty, privacy, and transparency, aligning with the priorities of governments worldwide. Hosted by LF Charities, which will support the operation and function of the project, Tazama showcases the scalability and robustness of open source solutions, particularly in critical infrastructure like national payment switches.
Jim Zemlin, executive director of the Linux Foundation, described their reaction as "excited to see an open source solution that not only enhances financial security but also provides a platform for our community to actively contribute to a project with broad societal impacts."

And the announcement also includes a comment from the Bill & Melinda Gates Foundation's deputy director for payment systems. "This pioneering open source platform helps address critical challenges like fraud detection and compliance and paves the way for innovative, inclusive financial solutions that serve everyone, especially those in low-income countries.

"The launch of Tazama signifies another stride towards securing and democratizing digital financial services."

gregrolan writes "Evans's Trousers Of Reality series attempts to understand the interplay between neurology, psychology, and sociology in the context of finding a better path through working life. I previously reviewed the first book in the series, Working Life a few years ago, and the second volume The Ingenious Engine Of Reality has now been published. While the first volume outlined the themes for the series and focused on work-life balance, this second volume digs deeper into the science behind knowledge, learning, and mental models.It then uses this background to explore the relationship between knowledge, behavior, and process in a software project setting." Keep reading for the rest of Greg's review.

jsuda writes "The authors of Inescapable Data share their excitement about what they see as a rapidly-developing convergence of digital technologies having enormous significance for business and culture. This convergence, in their view, is inescapable, life-altering for both good and bad, and presents a frame-shattering paradigm-shift which is mostly unrecognized, and much less examined critically. Inescapable Data is a thought-provoking book meant to describe the new technologies and to examine the special values which arguably will emerge from the convergence." Read the rest of John's review.

Kent M. Pitman has already given you his first 11 answers to the questions you asked him about Lisp, Scheme, the creation of programming standards, and much more -- below are his answers to another eight (starting with answer #12). Thanks again, Kent.