Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. The staff and support are very friendly, helpful, and responsive."

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

JANUARY 24, 2018

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. securities bar.”. SEC Chairman Jay Clayton spoke Monday (Jan.

blockchain 133

blockchain Fort Worth Bitcoin Regulation 133

PYMNTS

AUGUST 27, 2020

In other news, LVC Corporation , which operates LINE, is announcing the launch of two new products: LINE Blockchain Developers, a developer platform for blockchain services; and the BITMAX Wallet, for managing digital assets, a press release stated. Other sites, including cryptowikipedia.ru Cointelegraph reported.

Bitcoin 153

Bitcoin blockchain cryptocurrency Cards 153

PYMNTS

JANUARY 5, 2017

As more banks, industries, companies and even retail brands take on and use blockchain technology in their business, there are the enhanced and innate elements of efficiency and security. “A But blockchain has also become a tracking mechanism, more so a cost-cutting measure for a variety of reasons. billion for a typical lender.

blockchain 115

blockchain Samsung Industry Security 115

PYMNTS

AUGUST 25, 2017

The Securities Exchange Commission (SEC) announced Thursday (Aug. 24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. According to a report in Seeking Alpha published last week, the SEC said the cryptocurrencies are subject to federal securities laws.

Bitcoin 104

Bitcoin Capital cryptocurrency Security 104

PYMNTS

MARCH 22, 2016

Investors may be flocking to blockchain technology startups that are seeking out new ways to use the tool, but one startup just secured investment for making sure that the businesses using blockchain are doing so within the confines of the law. and secured $2 million in funding in 2014. The company is based in the U.K.

blockchain 100

blockchain Tools Compliance Security 100

Bank Innovation

FEBRUARY 14, 2018

According to reports, high-level Fintech and Innovation-driven Financial Services Regulatory Committee panel met last week to discuss the possibility of the fund that would focus on, among other things, fraud, security, and blockchain. The committee consist of seven members, […].

National 276

National Fintech blockchain Fraud 276

PYMNTS

AUGUST 8, 2019

A detective superintendent said per the report, “When victims attempted to withdraw their capital, they could not.”. On another note, EZ365 unveiled a plan to roll out an ecosystem based on the blockchain that brings together a crypto casino, digital asset exchange, blockchain educational portal and eSports betting, VentureBeat reported.

blockchain 108

blockchain Bitcoin cryptocurrency Report 108

PYMNTS

FEBRUARY 26, 2019

It was designed to settle transactions with clients of its wholesale payments operation, mainly for international and securities transactions related to blockchain. Dimon called bitcoin a “ fraud ” during the apex of the crypto boom. The bank became the first to create its own cryptocurrency earlier this month.

cryptocurrency 175

cryptocurrency blockchain Bitcoin Payments 175

Celent Banking

AUGUST 9, 2016

Distributed ledger technology, often referred to as blockchain, threatens to disrupt the sector with its potential to improve visibility, lessen friction, automate reconciliation, and shorten cycle times. DLT could finally provide the momentum needed to fully digitize trade documents and move toward an end-to-end digital process.

blockchain 100

blockchain Capital Management Payments 100

PYMNTS

JUNE 23, 2019

Overstock has spent $150 million on its blockchain business, tZero; the company owns 82 percent of the exchange. Byrne predicted that security tokens will reduce friction in capital markets while also improving price discovery. The killer app of blockchain is security tokens,” Byrne said. I perpetrated a fraud.

Bitcoin 100

Bitcoin Las Vegas Nevada Arizona 100

PYMNTS

NOVEMBER 13, 2020

Technologies such as automation and blockchain are thus receiving more attention from businesses, especially as the volume of data that accompanies cross-border transactions expands. Speed and security have always been a priority for firms in this space, but the pandemic is placing added weight on these considerations.

Technology 162

Technology Payments blockchain Security 162

Bussman Advisory

FEBRUARY 21, 2018

There should be no doubt by now that initial coin offerings – token sale fundraisings by startups – have established themselves as new and very compelling forms of capital raising. Startups, primarily in the blockchain world, raised $4.6bn in various forms of token launches in 2017, a quantum leap from the $0.2

Capital 67

Capital Cyber Security blockchain cryptocurrency 67

PYMNTS

JUNE 29, 2018

News from the frontline of the digital fraud fight is mixed. With so much vulnerable data, companies are realizing the benefits of working together to fight fraud — and of going directly to data sources to authenticate consumer information. Other companies are making acquisition part of their fraud-fighting arsenal.

Data 101

Data Fraud Lending Security 101

PYMNTS

JUNE 1, 2018

Venture capital activity within the B2B realm saw a few large deals, and a subset of smaller ones. The capital raised will be used for what Tradeshift termed “core strategic initiatives” with an eye on global expansion into Europe and Asia, and growth in transaction volumes.

Capital 122

Capital blockchain Retail Data 122

PYMNTS

FEBRUARY 18, 2020

The company said it works to generate new sources of revenue for organizations while ensuring privacy protection and blockchain-based security. The region also experiences some of the highest fraud rates, in both finance and eCommerce. The region also experiences some of the highest fraud rates, in both finance and eCommerce.

Regional 171

Regional Lending Fraud Maine 171

PYMNTS

NOVEMBER 14, 2017

The European Securities and Markets Authority (ESMA) warned investors about the risks of initial coin offerings (ICOs) in a statement on Monday (Nov. ICOs are also vulnerable to the risk of fraud or money laundering,” ESMA said in the statement. 13) and also issued rules for firms that become involved in them.

Regulation 100

Regulation Bitcoin cryptocurrency blockchain 100

PYMNTS

JANUARY 17, 2018

Trend Lab, a startup developing artificial intelligence (AI) solutions for the FinTech market, has revealed it secured new funding. Of these, Big Data, blockchain and AI are integral to a successful and progressive FinTech industry.”. In a press release issued Tuesday (Jan. 16), the company said it raised more than $12.7

Trends 116

Trends Big Data blockchain Regional 116

PYMNTS

NOVEMBER 5, 2019

The type of tax paid — capital gains tax, corporation tax, income tax, national insurance contributions, stamp taxes or VAT — will be decided by the tax authority. I think this is a problem that requires a lot of solutions and a lot of layers of security. You have to be aware that you could lose control of your phone,” he said.

Taxes 100

Taxes Bitcoin blockchain Seattle 100

PYMNTS

JANUARY 3, 2020

Transaction data on the eCommerce portal is an integral component to underwriting, and — when combined with publicly available data and other information from various platforms — can connect small businesses to capital that they might not otherwise be able to obtain, Mittal added. Building Financial Trust.

Fintech 120

Fintech blockchain Data Capital 120

NCR

MARCH 25, 2016

By now you’re probably familiar with the term ‘blockchain’, and maybe even familiar with some of the services it’s projected to disrupt: payments, remittances, corporate audits, electronic medical records, etc. Blockchain technology doesn’t just offer an opportunity for future disintermediation or a means to offload risk.

blockchain 40

blockchain How To Technology Fraud 40

PYMNTS

FEBRUARY 6, 2018

Further, automation in AP can address one of the largest challenges corporates face today: fraud. When we look at AP fraud specifically, the risks that these companies are facing is only increasing,” said APEX Analytix Senior Vice President Phil Beane in an earlier interview with PYMNTS. Technology for Technology’s Sake.

blockchain 101

blockchain Fraud Tools Technology 101

PYMNTS

APRIL 30, 2018

Blockchain. Blockchain. Take the blockchain. An alien landing on Earth and reading the popular tech press would be thoroughly convinced that blockchain is the biggest thing to have happened here since the invention of indoor plumbing. In short, there seems to be, literally, nothing the blockchain cannot do.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JULY 9, 2018

As noted in this space earlier this month, financial regulators in that country stated that “issuers of digital tokens must be a company registered under Thai law and will be able to offer such assets of an unlimited amount to institutional investors, ultra-high net-worth investors, venture capital and private equity firms.”.

cryptocurrency 101

cryptocurrency Regulation blockchain Data 101

PYMNTS

JULY 2, 2019

The most recent evidence of this comes from Balboa Capital , which published a research report last week finding that nearly two-thirds of SMBs obtained a small business line of credit from a nonbank lender within the last year.

Fintech 125

Fintech Resources Capital Trends 125

Accenture

FEBRUARY 28, 2017

Alternative payment mechanisms such as PayPal, iDEAL in the Netherlands and Klarna (Europe and US) will continue to grow strongly (20% – 30%) for e-commerce, driven both by convenience and by high fraud rates in card-not-present transactions. Real-time Payments Interbank Infrastructure.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

Alternative payment mechanisms such as PayPal, iDEAL in the Netherlands and Klarna (Europe and US) will continue to grow strongly (20% – 30%) for e-commerce, driven both by convenience and by high fraud rates in card-not-present transactions. Real-time Payments Interbank Infrastructure.

Payments 150

Payments Bitcoin Samsung Fraud 150

PYMNTS

MARCH 31, 2017

Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration in the month of March — the Intercontinental Exchange, Inc.’s For a second time, it was the lack of oversight, regulation and the potential for fraud in the broader bitcoin space that worked against the proposed ETF.

Bitcoin 100

Bitcoin blockchain Capital Regulation 100

NCR

AUGUST 30, 2016

Biometrics, Geolocation and the Blockchain are technologies ripe for deeper implementation within financial apps. Geolocation and the blockchain have both been available for quite a while. If you’re like most people, you didn’t notify your bank in advance and you have triggered the automated fraud checks.

Technology 53

Technology blockchain User Experience Fraud 53

PYMNTS

SEPTEMBER 26, 2016

The driving force behind the growth in non-cash payments, according to Capgemini, is due in part to strong economic growth in key developing countries, as well as increased security measures and government initiatives to engender electronic payments in certain markets. The mini-bonds are for private company shares.

Report 100

Report Payments blockchain Security 100

Insights on Business

NOVEMBER 19, 2018

Meanwhile, according to Euromoney , banks are leveraging artificial intelligence to detect and track fraud across their networks to help limit overall risk. For one regional bank working with IBM, this means a focus on credibility that capitalizes on the bank’s credit risk and specialty lending services.

Compliance 177

Compliance Regional blockchain Technology 177

BankUnderground

MAY 25, 2023

Closer inspection reveals an ecosystem experiencing several hacks, attacks, and fraud. Flash loans are unlimited uncollateralised loans, in which a user both receives and returns borrowed funds in the same blockchain transaction. Estimates show at least US$6.5 What exactly is a ‘flash loan’?

blockchain 82

blockchain US cryptocurrency Examples 82

PYMNTS

DECEMBER 12, 2018

Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience. Latency Advantages.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

OCTOBER 6, 2017

nanopay: Bringing Speed, Security To Cross-Border Digital Payments. The FinTech’s technology uses cryptography – not blockchain – to secure payments, allowing for faster, more secure transactions with the ability to achieve greater scale. Here’s what they’ve been up to this month.

Las Vegas 101

Las Vegas America Security Fintech 101

PYMNTS

MARCH 17, 2017

At the tail end of last week, the Securities and Exchange Commission ruled the proposed Winklevoss bitcoin ETF a no-go by nixing a proposed rule change that would have led to the fund being listed on the Bats BZX Exchange. Lack of oversight, regulation and the potential for fraud in the broader bitcoin space. The reason?

Bitcoin 123

Bitcoin Regulation cryptocurrency blockchain 123

PYMNTS

OCTOBER 31, 2018

gears up to leave the European Union (EU), for commerce, there remains the unknowns of how trade will be affected, as well as how capital, goods and services can be tracked. The concept of blockchain used in Brexit’s aftermath — specifically to help navigate a new customs landscape — is nothing new. As the U.K.

blockchain 201

blockchain Fraud Data Study 201

PYMNTS

OCTOBER 10, 2017

“Although the rate of adoption is good, corporates are not leveraging all the benefits of the digital transformation to provide new propositions to their clients, to help them move away from checks and increase overall efficiency in reconciliation and fraud,” the report concluded. Similarly, Asia and Latin America are set to see a 13.2

Payments 124

Payments Regional America Trends 124