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Submission + - The Fed Is Getting Into the Real-Time Payments Business (cnn.com)

An anonymous reader writes: The Fed announced Monday that it will develop a real-time payment service called "FedNow" to help move money around the economy more quickly. It's the kind of government service that companies and consumers have been requesting for years — one that already exists in other countries. The service could also compete with solutions already developed in the private sector by big banks and tech companies. The Fed itself is not setting up a consumer bank, but it has always played a behind-the-scenes role facilitating the movement of money between banks and helping to verify transactions. This new system would help cut down on the amount of time between when money is deposited into an account and when it is available for use. FedNow would operate all hours and days of the week, with an aim to launch in 2023 or 2024.

Submission + - Tufts expelled a student for grade hacking. She claims innocence (techcrunch.com)

An anonymous reader writes: As she sat in the airport with a one-way ticket in her hand, Tiffany Filler wondered how she would pick up the pieces of her life, with tens of thousands of dollars in student debt and nothing to show for it.

A day earlier, she was expelled from Tufts University veterinary school. As a Canadian, her visa was no longer valid and she was told by the school to leave the U.S. “as soon as possible.” That night, her plane departed the U.S. for her native Toronto, leaving any prospect of her becoming a veterinarian behind.

Filler, 24, was accused of an elaborate months-long scheme involving stealing and using university logins to break into the student records system, view answers, and alter her own and other students’ grades.

The case Tufts presented seems compelling, if not entirely believable.

There’s just one problem: In almost every instance that the school accused Filler of hacking, she was elsewhere with proof of her whereabouts or an eyewitness account and without the laptop she’s accused of using. She has alibis: fellow students who testified to her whereabouts; photos with metadata putting her miles away at the time of the alleged hacks; and a sleep tracker that showed she was asleep during others.

Tufts is either right or it expelled an innocent student on shoddy evidence four months before she was set to graduate.

Comment Future = Past + Present (Score 1) 163

Yesterday gave birth to Today and Today will give birth to Tomorrow, not next-tomorrow. So, if AI creates a seemingly next-tomorrow, that next-tomorrow is automatically seen as tomorrow and this leads leaves next-tomorrow still blank. NERDS WILL UNDERSTAND this simple logic. Therefore the answer is 'It's Impossible'.

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