Remove 2013 Remove Operations Remove Security Remove Taxes
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Fake ID Docs Sold on Websites Targeted by Feds

PYMNTS

The federal agency said it shut down websites where consumers could buy “fake financial and other documents – such as pay stubs, income tax forms, and medical statements – which can be used to facilitate identity theft, tax fraud, and other crimes,” according to an FTC statement. Simmons was ordered to pay $15,000.

Taxes 134
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Uber Makes Last-Ditch Effort To Stay In Colombia

PYMNTS

Uber has come across strong resistance from taxi drivers after selecting Bogota as its inaugural South American operation in 2013. As previously reported, Uber was ordered by a Colombian judge to stop securing business in the country through its popular ridesharing app. Colombia stayed behind.”.

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Deep Dive: Digital ID Developments From Around The World

PYMNTS

Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 billion people worldwide will carry digital IDs with embedded biometrics by 2021.

Security 159
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Small banks: Big challenges and big opportunities

Abrigo

According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. At the same time, asset-based liquidity options at some community banks have been constrained by large unrealized losses in available-for-sale securities. The result?

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The State of Banking

Jeff For Banks

In 2013, there were 6,812 FDIC-insured financial institutions. And since NIMs are holding steady, it leaves me to think that operating expense control or increased profitability in fee-based businesses are at work. As balance sheets grow, operating expenses grow less, creating greater efficiency. Positive operating leverage!

Taxes 60
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The Beginning Of The End For Bitcoin?

PYMNTS

Diehards, however, are still crying “ hodl ” — the cryptocurrency community’s rallying cry, inspired by an enthusiastic misspelling of “hold” in a 2013 Reddit thread. What goes up must come down, as they say, and many are predicting that bitcoin’s time has come (or at least they’re hoping that’s the case).

Bitcoin 177
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Bitcoin Blushing With Secret Admirers

PYMNTS

You might, when you find out that they were the first to file for a bitcoin Exchange-Traded Fund (ETF) with the Securities and Exchange Commission (SEC). Perhaps not a scalable option in terms of security, but some bitcoin aficionados are finding ways to store coins offline, outside of a central exchange. And do you care?

Bitcoin 100