Bank Innovation
NOVEMBER 29, 2016
A new type of ransomware is targeting users through their social media accounts, most notably through Facebook and LinkedIn, before doing what ransomware does: locking the computer and demanding payment for access–in bitcoin.
PYMNTS
JULY 27, 2017
Security in the digital age is a goal for most retailers and consumers — and nearly everyone else in the business world. When it comes to personal information, especially data linked to payment accounts, the level of privacy and accuracy of security are key in keeping the retail world spinning. Although most U.S.
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PYMNTS
NOVEMBER 19, 2020
While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I In other news, the U.S.
PYMNTS
JULY 16, 2019
Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.
PYMNTS
MARCH 12, 2018
As cryptocurrencies fuel discussions on forums and news websites, a new version of a Thomson Reuters Corp tool will capture online chatter around bitcoin. MarketPsych Indices will scan more than 400 websites to analyze bitcoin themes and sentiments, Reuters reported. The recent declines also came as the U.S.
PYMNTS
MARCH 23, 2020
Both Kik and the Securities and Exchange Commission (SEC) are seeking a quick end to their legal dispute, CoinDesk reported. It contended that it had not had an unregistered securities sale as of the beginning of 2018 when the SEC first acted. securities rules. Kik contended in its summary judgment motion that it followed U.S.
PYMNTS
JULY 13, 2020
A South Korean court referenced the coins saying they “have been recognized only as a function of currency and have not been subject to income tax, but recently, virtual assets (like Bitcoin) are increasingly being traded as goods with property value. And, the U.S. Abra, which works by letting users bet on price movements of listed U.S.
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