PYMNTS

OCTOBER 9, 2019

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. This latest sextortion version is using a Litecoin wallet address instead of bitcoin to evade detection,” Johnson wrote.

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Bitcoin San Francisco Taxes Compliance 116

PYMNTS

NOVEMBER 21, 2019

Since Ubisoft is already a leader in the games industry, and shows commitment to probe blockchain as a viable technology for games, we are very excited to be announcing our first cooperation of this kind with them,” said Nicolas Gilot, Co-CEO of Ultra, in a statement.

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Bitcoin blockchain Report Payments 130

Insights on Business

JULY 26, 2018

IBM RegTech Innovations. One of the best things about working at IBM—and in the RegTech field in particular—is meeting daily with the engineers and developers who are driving technological innovation in the financial industry. Those types of capabilities are very difficult to achieve without using blockchain technology.

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blockchain Innovation Customer Experience Compliance 151

PYMNTS

NOVEMBER 20, 2019

Last week it was reported that RBC’s planned trading platform would “facilitate buying and selling of individual digital coins, including bitcoin ( BTC ) and ether ( ETH ), as well as the transfer of funds combining different types of cryptocurrencies.” RBC explained that the patents are unrelated to the development of a crypto exchange. “As

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Bitcoin cryptocurrency blockchain Security 108

PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

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Innovation Lending Fintech Bitcoin 191

PYMNTS

OCTOBER 4, 2019

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. It is vital that Ohio explores innovative, new technologies and processes that continue to drive Ohio into the future,” he said.

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Ohio Taxes Bitcoin Payments 109

PYMNTS

MARCH 22, 2019

You will also advise clients on the various legal risks, business strategies and other issues related to commercial transactions and general operations. This is a great opportunity to join a growing legal team and work at the forefront of helping to deliver new technologies around the world,” according to the posting. state bar.

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PYMNTS

FEBRUARY 21, 2019

Through the crypto transfer, 51 bitcoins, 33 Bitcoin Cash tokens, 822 Litecoin tokens, 2,000 Bitcoin Gold tokens and 951 Ether were sent to the professional services firm. It gives us the opportunity to add a trust layer to operations, and design new disruptive services.”. Samsung announced on Wednesday (Feb.

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Samsung Bitcoin Ohio blockchain 129

PYMNTS

FEBRUARY 3, 2017

Following relatively flat growth through the end of January (by cryptocurrency standards, anyway), bitcoin’s value spiked, breaking $1,000 to reach a high of $1,003.92 At the time of this writing, bitcoin sat tenuously at $1,000.73, up 1.36 bitcoin wallet and vault Xapo to operate in the country. percent for the day.

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PYMNTS

MAY 27, 2016

Gox bitcoin drama got a little more dramatic this week. Gox is the now-defunct bitcoin exchange that shuttered in February 2014 after a mysterious “glitch” caused $500 million worth of bitcoin to go missing. Those bitcoin – or at least most of them — have remained missing ever since. Gox bitcoin.

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Bitcoin blockchain Operations Fraud 104

PYMNTS

SEPTEMBER 9, 2019

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. And those payments, at least in general, are following larger consumer trends when it comes to methods and technology.

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Innovation Payments Taxes User Experience 137

PYMNTS

FEBRUARY 26, 2019

federal law enforcement agencies have recovered $110,000 worth of stolen bitcoin, and returned it to cryptocurrency exchange Bitfinex. bitcoin — is just a small portion of the amount stolen by hackers in August 2016. That amount — totaling 27.7 ZDNet reported that the two are building a prototype to test it out.

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Bitcoin blockchain Report cryptocurrency 109

PYMNTS

JULY 12, 2018

The government of India is not looking to ban crypto assets, despite recent central bank policy that has told banks to not service accounts of coin market operators, Cryptovest reported. million home in Delaware was purchased with bitcoin, Bitconist reported. Hosp is “still quite confident” that bitcoin can hit $60,000. (He

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Bitcoin Delaware cryptocurrency Regulation 104

PYMNTS

MAY 13, 2016

Promoting bitcoin. Which is why Obama and his team probably aren’t enthusiastic about an op-ed for CNBC from a former Commodity Futures Trading Commission (CFTC) commissioner suggesting that the White House should “heed the call” on bitcoin. One thing that’s probably not higher on that rapidly growing list?

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Bitcoin blockchain Regulation Operations 100

PYMNTS

JUNE 26, 2019

Bitcoin startup Lolli announced that it has struck a new partnership with Hotels.com, joining Lolli’s existing partners Booking.com, Priceline, Hilton and Marriott. “We Lolli allows its users to earn bitcoin rewards for online purchases. Canada has been in high demand, and we think that’s going to be a great test market for us.

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PYMNTS

NOVEMBER 25, 2019

Singapore-based BCB Blockchain announced that it has launched a $300,000 fund to support incubators and startup accelerators in the Philippines under the Department of Science and Technology (DOST). Paringit, executive director of PCIEERD – DOST. OKB will also be accepted by virtual retailer Cryptomall.

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blockchain cryptocurrency Bitcoin Industry 154

PYMNTS

SEPTEMBER 9, 2016

Who knew that Tyler and Cameron Winklevoss, known for their early involvement in Facebook, were in love with bitcoin? 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). And do you care?

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PYMNTS

JUNE 18, 2020

The technology lets users move money sans routing, banking account or credit card number. VMware Head of Cybersecurity Strategy Tom Kellermann said that extremist groups, beyond organized crime, are known to harness alternative payments infrastructure to fundraise and for “operational purposes.”

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Bitcoin blockchain Payments Risk Management 141

PYMNTS

AUGUST 19, 2016

One minute officials are threatening to punish bitcoin operatives and traders, the next minute they are suggesting that citizens can use bitcoin “in areas where such activities are legal.”. Something’s Afoot In Japan For Bitcoin. Japan seems to be overcoming this hurdle by introducing regulations on bitcoin use.

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Bitcoin blockchain Mobile Regulation 100

Bank Innovation

MARCH 17, 2016

A lot has happened in the bitcoin multiverse this week, some seemingly positive for the embattled cryptocurrency, some decidedly negative.

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PYMNTS

AUGUST 24, 2016

The blockchain — the underlying technology that powers the digital currency bitcoin — may be nearing its mainstream moment in the sun as four of the world’s largest banks are using it to develop a new form of digital currency. This is about streamlining it and making it more efficient.”.

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Bitcoin blockchain System Capital 100

PYMNTS

JANUARY 20, 2020

Thus, the RBA is positing the creation and administration of a digital offering that would track the Australian dollar, as well as ostensibly sidestep the volatility that has marked the likes of bitcoin and its brethren. As a] unit of account, people don’t post their prices in bitcoin, even [at] bitcoin conferences.

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Retail Payments Bitcoin Policies 219

PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. Bitcoin was created as a way to bypass the middleman of financial transactions — which, traditionally, is the bank itself.

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PYMNTS

AUGUST 17, 2017

The aphorism holds especially true for payments, an industry in which technology shapes the way payments happen — and vice versa. We could have talked about real-time payments 25 years ago,” said Norton, “but then it would have been prohibitively expensive and difficult to do from the technology perspective.

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Innovation Payments Bitcoin Samsung 103

PYMNTS

DECEMBER 5, 2018

According to The Next Web , a pre-solicitation document — published by the DHS’ Small Business Innovation Research Program (SBIR) — shared a proposal for small businesses (SMBs) to develop research, process, products and technologies that can be used to detect crypto-related crimes.

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PYMNTS

NOVEMBER 2, 2020

Their research will begin with a proof-of-concept for a CBDC operated on distributed ledger technology (DLT) to test the proposed coins’ use cases in payment settlements, the release stated.

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PYMNTS

MAY 24, 2019

“We’re always looking for ways to improve and expand our services,” said Kevin McDorman, vice president of AT&T Communications Finance Business Operations, in a statement. “We We started BitPay because we wanted to make it easy for businesses to accept bitcoin payments. Dollar Coin and Bitcoin Cash as ones that it works with.

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Bank Innovation

JANUARY 19, 2017

After waiting a year, the lender SoFi received the thumbs up to operate in New York, CFO Michael Tannenbaum said recently. Ah, New York: If you can make it here, you can make it anywhere, but to even try, you need a license. Luckily, SoFi and Coinbase just got theirs. Read More.

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New York Operations Bitcoin Lending 150

PYMNTS

MAY 5, 2019

The New York State Attorney General ( NYAG ) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether that “misled their clients and investors.”. The design phase is underway, with testing to begin in Q2/Q3 2019.

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Bitcoin blockchain Massachusetts New York 136

PYMNTS

SEPTEMBER 18, 2019

a platform that will help develop a center of AutoMobility innovation via partnerships for new technologies and/or business models. Indian auto manufacturing giant Tata Motors has launched its AutoMobility Collaboration Network 2.0,

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Bank Innovation

JULY 7, 2016

2016 will likely see less investment in bitcoin and blockchain technology, but that is true for many other areas, as well. As the summer heats up, blockchain hype may (finally) be cooling down. This year to date has seen $161 million invested so far, while 2015 saw a total of Read More.

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blockchain Bitcoin Technology Operations 210

PYMNTS

JULY 21, 2019

Before I begin my questions, I just want to take a moment to commend the South Dakota Division of Banking for their forward-thinking and willingness to allow for innovation in the digital currency space. From top to bottom the state is really interested in seeing innovation happen. He is also now a co-founder.

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South Dakota Bitcoin cryptocurrency Ohio 134

PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. One area in which we’ve seen innovation break through recently may come as a surprise: insurance. PYMNTS: What are the benefits of implementing blockchain technology, and how is it impacting the insurance industry?

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blockchain Industry Bitcoin Innovation 127

Bank Innovation

SEPTEMBER 14, 2016

Kevin Simback and Josie Lee seeded the list of US companies using technology in the broad Digital Mortgage Market – MortgageTech. 1 – Mortgage Enterprise Solutions – this includes offering lending operating system (LOS) providers, marketing/lead gen/application/underwriting/fulfillment/closing platforms, servicing Read More.

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PYMNTS

MARCH 15, 2019

Commerce Department is expanding its Trade Finance Advisory Council (TFAC), having recently appointed 21 new members to the group in an effort to explore innovation in and access to trade finance. “The ready availability of trade finance is a crucial ingredient to the success of U.S.

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blockchain cryptocurrency Bitcoin Groups 190

PYMNTS

MAY 27, 2016

SWIFT insists that they, as the messaging system, weren’t breached, but rather someone(s) very, very clever and with an uncanny understanding of how the system operates got hold of bank credentials and access to the SWIFT network and directed money to all of the wrong places, including China. Speaking of vulnerabilities, the saga of Mt.

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Bitcoin Fraud Mobile Apple 109

PYMNTS

APRIL 4, 2016

With businesses at the mercy of currency fluctuations in today’s international markets, innovators have looked for a way to ease that pain point. Bitcoin was supposed to have been a global currency, but as we all know today, that’s not exactly the way things turned out. Cryptocurrencies were, in large part, one answer to the problem.

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