Remove Bitcoin Remove Fraud Remove Regional Remove Taxes
article thumbnail

The Week In Payments: China, China, Challenger Banks And Bitcoin

PYMNTS

And finally, there’s bitcoin, which has seen its use, transacting, trading and popularity fall off of late — except for among one group: criminals. If they can get it under control quickly, it will even then have an impact on GDP and the hundreds of brands that are in the Wuhan region. But that future won’t be built by bitcoin.

Bitcoin 100
article thumbnail

Data Dive, Breaches And Security Blips Edition: Key Bank, Microsoft And Bulgaria 

PYMNTS

KeyBank’s Costly Payroll Fraud Problem . Regional banking force KeyCorp disclosed a massive fraud that could potentially cost as much as $90 million – according to reporting out of CNBC last week. A loss for KeyCorp – but by far not the weeks’ biggest, or most explosive case of fraud. Starting with.

Data 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startup Roundup: The Storm Before The Calm

PYMNTS

Emailage stopped almost twice as much potential fraud in 2017 as in the previous year. billion in potential fraud was prevented, compared to last year’s $1 billion. While some countries are struggling more than others, Emailage found that every region is facing new challenges in the wake of EMV going online.

article thumbnail

Governments Fuel Blockchain’s Global Proliferation

PYMNTS

Governments may not be too keen on bitcoin, but blockchain is another story. A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”.

article thumbnail

Fizzle Of The Week: The NYC Amazon HQ That Will Never Be

PYMNTS

Reports indicated that four Amazon executives met in Governor Cuomo’s office with “the presidents of the New York State AFL-CIO, a regional chapter of the Teamsters and his group, as well as some officials from the governor’s office.” Card-present fraud slides, again: Continued traction is evident in the fight against fraud at the register.

New York 115
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. We aren’t talking just Bitcoin or Ethereum. Fiserv DNA continues to rack up successes in large credit unions, savings banks, and even a few regional commercial banks.

Fintech 147
article thumbnail

What Can The State Of ATMs Reveal About The Condition Of Cash?

PYMNTS

Last month, Indonesia announced plans to track down all credit card transactions in an effort to curb rampant tax evasion. “I don’t think they’re all avoiding taxes, but some did say they feel. I think people should have the choice to use cash, apps, bitcoin, whatever. The result?

ATM 102