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Bitcoin Daily: ‘DeFi' Becomes Popular Crypto Rebranding Term; G7 Expresses Concern Over Ransomware

PYMNTS

An operating system that has been active for a minimum of three years, Tron , recently issued a DeFi token. Tao Network has been in existence since the middle of the 2010’s and now indicates that it is “building DeFi of entertainment.”. 13) statement posted on the U.S.

Bitcoin 196
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Microsoft Sues North Korean Firm For Cybertheft

PYMNTS

Microsoft alleges that those individuals engaged in a cybertheft operation that targeted high-value computer networks. 18 and was unveiled last week, Microsoft says Thallium has been active since 2010, and that the hacking group poses a threat “today and into the future.”. According to the lawsuit, which was filed on Dec.

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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91
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WorldRemit Raised $175M For Global Expansion

PYMNTS

The company, which was founded in 2010, is a global provider of smartphone and online payments. For more than eight years our core purpose has been and continues to be to help migrants send money to their families, friends and communities. We will grow our business through differentiation on speed, service, security and value.”.

Mobile 115
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Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho.

Oregon 101
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Will "Plain Vanilla" Kill Community Banking?

Jeff For Banks

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.

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SMB Underwriting Slowed As Demand Fell Off At The End Of 2017

PYMNTS

For 40 percent, the challenges came from paying operational expenses, while 30 percent said securing credit was a pressing issue. The Economic Growth, Regulatory Relief and Consumer Protection Act loosened some of the regulations on small financial institutions, including community banks whose customers included many small businesses.

Lending 115