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Hackers Find New Avenues for Attacks Via Developing Nations

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Hackers are on the lookout for new ways to attack, and now it looks like developing nations may be a favored conduit. Looking for new hotbeds of innovative malfeasance? Those countries have high-speed Internet, widespread Internet penetration and not a lot of security infrastructure in place We see a pattern among the attackers.

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Visa’s Digital Footprint Targets The 1.2M Headed To 2016 Olympics

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Visa has secured the spot as the exclusive payment provider for the 2016 Olympic Games in Rio for the 30th year running. Visa will also bring its latest tech and innovation to Rio, which includes payment wearables and mobile payments to give the fans in Rio a contactless payment experience. million travelers for the year.

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52 Boston Startups Net $1.5 Billion+ In May

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million Direct-to-Phase II Small Business Innovation Research grant from the National Institute of Neurological Disorders and Stroke to advance the development of Tetranite, its bone adhesive biomaterial technology. XRHealth netted a $450,000 grant from the Israeli Innovation Authority to fight COVID-19.

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SEC Approves New Silicon Valley Stock Exchange

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Securities and Exchange Commission ( SEC ) has approved the creation of the Long-Term Stock Exchange ( LTSE ). Created by Silicon Valley entrepreneur Eric Ries, LTSE will be a national securities exchange using a different approach to governance and voting rights, with the goal of taking away the short-term pressures on public companies.

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Inside China’s Cyber, Financial Regulatory Changes And Challenges

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as they upgrade their online data and financial rules to support global digital banking innovations. Its policies mandate that corporations share private data with it, for example, meaning Chinese regulatory innovation requires serious consideration from any entities that wish to work there. Confronting the Chinese Privacy Myth .

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China, Alibaba Are Big Players On The Blockchain Patent Block

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In tech, innovation is everything. In innovation, intellectual property is, well, almost everything — it can be the hardware, the software, the processes that come from creative endeavor. The overall pace, seen globally, has been up quite a bit, as measured against the 134 patents worldwide seen in 2016. And patents?

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Cross-Border Payment Efforts Look To The Blockchain And Beyond

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Everex, which traces its genesis to 2016, has focused on distributed ledger technology for cross-border payments. Separately, in other company news, Canadian FinTech Buckzy Payments announced its launch earlier this week, eyeing international payments through what it has termed a “safe, secure and convenient ecosystem.”.