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Crypto Fundraising Has Been Banned On WeChat

PYMNTS

Also in the update has a mandate against investing in precious metals on trading platforms, in addition to illegal futures and securities. WeChat was forced to ban at least eight cryptocurrency media outfits for breaking Chinese law by publishing currency trading information and also for boosting initial coin offerings.

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Facebook Touts Payments and Privacy with Q1 Results

PYMNTS

The federal agency has accused the social media platform of violating a privacy consent decree from 2011. The FTC could also subject the social media giant to tougher checkups to prove it is complying with the settlement. million Google paid to settle a consumer data probe in 2012. Privacy Push.

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Getting The SME Crowdfunding Model Off The Ground

PYMNTS

Years in the making, the regulation was born from the JOBS Act, which was signed into law in 2012, with Title IV of the act — also known as Regulation A+ — enabling average joes to invest in companies seeking capital. Last month Funding Wonder announced that it secured its first business to seek funds through the platform.

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It’s Getting Real On The Retail Revolution Frontline

PYMNTS

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. Now that merchants are more responsible for fraud that happens in their stores, he said, “it’s our responsibility to teach them about these tools, like EMV, that can secure them and secure their businesses.

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Will Rio Take The Gold In Tech Innovation?

PYMNTS

In general, venture capitalists are boosting their investments in Latin America, with funding reaching $594 million in 2015, a stark increase from $387 million in 2012, the Latin America Venture Capital Association confirmed. In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone.

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How Big Tech Is Finally Tackling Cybersecurity

CB Insights

Read our future of data security report for more on this topic. ). It comes as no surprise, then, that big tech players like Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are investing heavily in data security — especially as several have fallen victim to data breaches themselves. But the company is not alone.

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Key trends in person-to-person payments

NCR

This was followed by real-time ACH systems, such as the UK’s Paym system, and social media firms such as Facebook, which both received 19 per cent. One key factor in their favor is that as established brands, consumers are likely to trust them more than a new startup and believe their services will be more secure.

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