PYMNTS

JUNE 29, 2016

Russell Moore, Director of Innovation at TSYS , agrees that it’s been misused in a myriad of ways, but feels that bitcoin and other cryptocurrencies offer merchants the chance to view payment processing in a new way. RM: That bitcoin is a dark currency that it is only used for elicit purchases.

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PYMNTS

APRIL 28, 2017

In the last few weeks, three separate bitcoin exchanges have reported a halt on processing transactions in dollars — the result of global banks pulling out of high-risk areas. Global banks have long been wary of even indirect interactions with bitcoin exchanges — particularly in the case they could be held liable if something goes wrong.

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PYMNTS

MARCH 17, 2017

It has been another wild ride of a week for bitcoin in the wake of the SEC ruling. At the tail end of last week, the Securities and Exchange Commission ruled the proposed Winklevoss bitcoin ETF a no-go by nixing a proposed rule change that would have led to the fund being listed on the Bats BZX Exchange. The reason?

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PYMNTS

AUGUST 2, 2019

Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage. Launched in 2018, the project monitors products sent via several steps to the customer, including product returns, to prevent counterfeit drives from being sent back.

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blockchain Fraud Data Report 148

PYMNTS

MARCH 31, 2017

This past week proved once again that it’s tough to be a bitcoin fan. In another blow to bitcoin legitimacy, the U.S. Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration in the month of March — the Intercontinental Exchange, Inc.’s Well, as long-term as bitcoin value can be.

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Abrigo

JANUARY 4, 2023

Guidance for banks on the lookout for crypto scams and fraud The turbulent cryptocurrency scene should put bankers on high alert. Takeaway 1 Cryptocurrencies are the newest and most popular field in potential financial gains through fraud. But with increased popularity comes more opportunity for fraud. DOWNLOAD WHITEPAPER.

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PYMNTS

MAY 27, 2016

Gox bitcoin drama got a little more dramatic this week. Gox is the now-defunct bitcoin exchange that shuttered in February 2014 after a mysterious “glitch” caused $500 million worth of bitcoin to go missing. Those bitcoin – or at least most of them — have remained missing ever since. Gox bitcoin.

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PYMNTS

APRIL 22, 2016

Regardless of the company, its industry, its customers or location, online fraud remains top of mind. The urgency of robust and multilayered fraud detection systems becomes especially clear against a backdrop where card-not-present fraud is likely to grow by leaps and bounds in the wake of the EMV liability shift from last year.

Fraud 100

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PYMNTS

NOVEMBER 10, 2020

Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. Square bought $50 million of bitcoin. PayPal is opening its network to allow consumers to shop using cryptocurrency. The mechanics and clumsiness of it all have not helped.

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cryptocurrency blockchain Bitcoin Security 324

PYMNTS

AUGUST 17, 2017

Looking back over a five-year time frame, with an eye on innovation that has enabled all of the above top-down momentum in payments, the executive said the most important events have included a real “difference between infrastructure changes and what the customer might see.”. I’m talking about the whole sort of Bitcoin world.

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PYMNTS

OCTOBER 18, 2019

“We know that embracing new technology is necessary for the future growth of our economy, and so, in Bermuda, we are making sure that we are leading the world in facilitating innovation. If existing and new businesses cannot innovate in Bermuda, they will find other jurisdictions to innovate — meaning Bermuda will lose out on opportunities.

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blockchain Samsung Bitcoin Innovation 101

PYMNTS

SEPTEMBER 7, 2017

There’s interaction with marketing and customer service teams, an eagle eye on data fraud — oh, and no small amount of effort devoted to innovation. MN: My daily activities are split between current, in-market products and new emerging solutions. PYMNTS: How would you define your company’s approach to innovation?

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PYMNTS

OCTOBER 7, 2019

Securities and Exchange Commission (SEC) is seeking to “modernize” the regulation of exchange-traded funds (ETFs) in a bid to make those investment vehicles more innovative, and give them quicker entrance to the market. SEC Chairman Jay Clayton told CNBC last month that “progress is being made” in crypto ETFs coming to market.

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PYMNTS

SEPTEMBER 11, 2019

Pump and dump is a type of fraud that manipulates the price of an asset through a rush of high-volume purchases by fraudsters. In other news, researchers at An.Chain have published evidence of an alleged pump and dump manipulation involving the Chainlink (LINK) token.

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PYMNTS

MARCH 18, 2016

” Innovation Project 2016 — where hundreds of leaders across the payments, commerce, tech and security ecosystems joined together under one roof with one mission: navigating the balance between the leading and the bleeding edge. Especially when your talking innovations in payments. So, how did Day 2 end up?

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PYMNTS

OCTOBER 27, 2019

Bitfinex is the victim of a fraud and is making its position clear to the relevant authorities, including those in Poland and the United States,” Stuart Hoegner, general counsel to Bitfinex, said in a statement to Bloomberg. It has also been revealed that Crypto Capital processed certain funds for and on behalf of Bitfinex for several years.

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PYMNTS

JULY 24, 2019

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. Lacewell said in a press release.

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PYMNTS

JANUARY 1, 2019

Bitcoin (and other cryptocurrencies) had started its major run; everyone was excited. In the panel discussions, the bitcoin proponents were talking about it reaching $100,000. This was what everyone was hoping for — bitcoin was finally taking off, and it was going to be HUGE. As 2018 rolled along, bitcoin dipped.

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PYMNTS

SEPTEMBER 29, 2017

Just weeks after China banned ICOs, South Korea announced today that it is following suit, with its regulator stating that ICOs for bitcoin and other cryptocurrencies are pushing the market into a “nonproductive speculative direction.”. Several regulatory bodies, including those in the U.S.,

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cryptocurrency Bitcoin Regulation blockchain 124

PYMNTS

JUNE 24, 2019

As has been a running theme in PYMNTS conversations with Libra’s founding members, Lambert reiterated that there is much ground to cover between today and the Libra rails launching, which support payments and commerce innovation. The Twin Concerns: Bitcoin And Facebook. What problem will this really solve?”.

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PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. The recent payouts by the U.S.

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PYMNTS

OCTOBER 26, 2017

In particular, bitcoin – the first and best known unregulated, exclusively digital currency – was trading near $6,000 as of late October 2017, with some analysts predicting that in the future, prices will peak somewhere north of $10,000. “I just don’t believe in this bitcoin thing. It’s been a big year for cryptocurrency.

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cryptocurrency Bitcoin blockchain Regulation 101

PYMNTS

JULY 16, 2020

The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing. Securities and Exchange Commission of the Philippines , for example, has issued a recent warning against Bitcoin Revolution, which is touting a transaction success rate of 99 percent.

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PYMNTS

DECEMBER 4, 2020

PayPal’s Bitcoin Backing Proves Crypto Is Ready For Prime Time (And Grandma). Regulatory hurdles still exist, but when PayPal announced that its 350 million users can transact with bitcoin and other cryptocurrencies, the game changed. New Data: Consumers Want Banks To Use Location Data To Keep Accounts, Transactions Fraud-Free.

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Cards Data Mobile Survey 151

PYMNTS

MARCH 29, 2016

The future of bitcoin is a bit shaky. While fintech innovators have instead turned towards the underlying technology of the cryptocurrency – blockchain and other distributed ledgers – bitcoin as its own currency is unlikely to take off like some once thought it would. Chester said this client demand was “surprising.”

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PYMNTS

DECEMBER 26, 2016

Look For Innovation In Unlikely Places. The payments space is rapidly expanding, and as new entrants continue join the fold, Weiss noted that there’s plenty of opportunity to discover innovation in unlikely places. I think innovative ideas can ignite from inside the payments industry but outside it as well.

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PYMNTS

JANUARY 20, 2017

ChronoBank.io, the cryptocurrency company that is trying to change the short-term labor market, is aiming to launch an exchange early next year where buyers and sellers of different trades can trade skills for money and time. The idea is to disrupt the recruitment market, which ChronoBank.io ChronoBank.io

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PYMNTS

OCTOBER 7, 2019

Walking around at the Sibos conference in London last week, Vocalink CEO Gregor Dobbie said the big takeaway is that this industry is undergoing not one, but several foundational shifts as a plethora of new ideas and methods are flooding into the market. Request to Pay is not quite in the market yet, but the goal is to get it there soon.

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Payments Innovation System Security 167

PYMNTS

MAY 16, 2016

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. fleet managers consider fuel card fraud a major issue , found oil giant Shell in its first Fraud Matters report on the fleet card industry.

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PYMNTS

OCTOBER 5, 2016

Meanwhile, BM&FBOVESPA, a Latin American financial market infrastructure, has joined the R3 consortium. Circle now allows Apple’s iMessage users to send payments in several currencies, including bitcoin, U.S. The initiative is intended to reduce payment friction between cross-border and domestic transfers.

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blockchain Payments Technology Bitcoin 199

NCR

DECEMBER 13, 2017

The debate surrounding blockchain – or more specifically distributed ledger technology (DLT) – and its viability for widespread rollout across the global financial system rumbles on, but it seems that we are beginning to see clearer signs of how this area of innovation could have a real impact on the industry.

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PYMNTS

SEPTEMBER 6, 2016

Payments had been relatively static with innovation around cash, checks and credit cards. Then, there was sudden exponential growth in innovation. In the last four years, we’ve had the adoption of bitcoin, Samsung and Apple Pay and the explosion of FinTech,” said Jenkins. The Pace Of Business Transformation.

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PYMNTS

OCTOBER 26, 2016

to buyer Brighann Cotton Marketing Australia — and blockchain to prove that the goods were shipped, which all ultimately elevated transparency, security measures and tracking. A key result of this application is in the reduction of paperwork and delays in processing and, therefore, the ability to reduce fraud.

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Illinois blockchain Technology Innovation 100

PYMNTS

MAY 4, 2016

. “When a payment is rejected, merchants often don’t know why it failed,” noted Abi Solomon, Zooz’s director of marketing. We believe that the German market is highly advanced in eCommerce, and many other retailers in Europe are interested in the German market. Sales and tech support in both cities,” Morecki said.

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NCR

JUNE 1, 2016

That’s surely the simplest way to describe the Internet itself, of course, but does it also apply to blockchain as a whole and Bitcoin in particular? They know that many in the market see it as something between a fad and a fraud, and they inform more than they advocate. The high potential for cost-cutting.

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Bankelele

JULY 24, 2015

It’s a contest for in which the winner will get a $10,000 prize for using block chains (wikipedia definition: a block chain (database), is sequential transaction database found in cryptocurrencies derived from bitcoin ) to help solve friction in supply chains in any industry.

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PYMNTS

NOVEMBER 15, 2017

Just last week, Deloitte found that in 2016 alone, nearly 27,000 new blockchain projects surfaced on the market. HPE said its distributed ledger technology (DLT) solution is faster and more secure than bitcoin or Ethereum blockchains. Today, only 8 percent of them remain active. Scrutiny Heightens.

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