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Bitcoin Daily: QuadrigaCX Co-Founder Made Fake Accounts; Swede Faces Extradition In Scam

PYMNTS

A Swedish man has been charged with securities fraud, wire fraud, and money laundering in connection with a bitcoin scam that defrauded more than 3,500 victims of over $11 million — and faces extradition to the U.S.

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Top News In Payments: Uber, Lyft, DoorDash Back Initiative To Fight Gig Worker Law; Adobe Predicts Holiday Sales To Reach $143.7B

PYMNTS

internet retailers with the inclusion of Amazon and Walmart. Walmart’s Daniel Eckert On Why TailFin Is Retail’s Next Big Thing . Walmart and Green Dot already have a payments partnership, one that involves the Walmart MoneyCard program and which launched in 2006. The study tracked transactions for 80 of the top 100 U.S.

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How payments innovation could transform the retail industry

NCR

This tech-driven transformation of the payments and retail sectors is set to continue, so what impact could the most cutting-edge innovations have in the years to come? According to Intel , the “breathtaking” rate of growth in the IoT could result in it encompassing 200 billion objects by 2020, compared to two billion in 2006.

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The changing face of fraud: Are banks prepared?

NCR

Fraud continues to be a significant challenge for the financial services industry. Statistics from Synergistics showed 53 per cent of internet households that responded to an online poll reported they had previously suffered identity theft or fraud. The organization claimed fraud has risen 71 per cent over the last decade.

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Intuit’s Credit Karma Deal, Buy Buttons, Restaurant Apps Top This Week’s News

PYMNTS

Haythornthwaite has served as chairman since May 2006. How Dropbox Fights Fraud (Digital Fraud Tracker). Cloud service providers host terabytes of valuable information, making them a particularly attractive target for fraud. The Connected Economy: It’s About Time. In a feature story, PYMNTS spoke to P.F.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Who do you trust most to protect payments?

NCR

On the other hand, just one per cent of consumers trust major retailers or telecom companies to protect their payments. According to Financial Fraud Action (FFA) UK, banks prevented £7 in every £10 of attempted fraud. million worth of attempted card, online and telephone banking and cheque fraud.”.