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Smarter bank payments—part 2: FinTech hubs, blockchain and cryptocurrencies

Accenture

Following my previous blog about Big Data Analytics and Cyber-Security, this second post in my series on payments highlights banks and FinTech hubs as well as blockchain and cryptocurrencies that continue as important priorities for banks. Banks & FinTech Hubs Strong growth. Read more.

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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

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Big data analytics and cybersecurity take center-stage in payments systems

Accenture

Sibos 2015 in Singapore brought them into sharp focus – specifically: Big Data Analytics, Cyber-security, Bank & FinTech Hubs, Cryptocurrencies/Blockchain Technology, Trade Finance and APIs. Some big themes dominate Payments today, and each is likely to endure for many years. Read more.

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Smarter bank payments—part 3: Real-Time Payments and APIs

Accenture

Along with Big Data analytics, cyber security, FinTech Hubs, blockchain & cryptocurrencies, real-time payments and APIs were key themes and at Sibos 2015. They are perhaps the hottest topics of all in payments at the moment. Real-Time Payments Currently, just. Read more.

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Data: How secure are cryptocurrency wallets?

Payments Source

In this nascent stage, what is protecting cryptocurrency buyers and sellers? As both the volume and value of digital currencies increase, so will inevitable attempts to commit fraud and theft.

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Bitcoin Daily: Singapore’s MAS Looks To Expand Regulation Of Digital Token Services

PYMNTS

The Monetary Authority of Singapore (MAS) has proposed new regulations on cryptocurrency that will include those engaging in overseas activity, in an expansion on rules for the sector, according to a press release.

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Bitcoin Daily: ‘DeFi' Becomes Popular Crypto Rebranding Term; G7 Expresses Concern Over Ransomware

PYMNTS

“Ransomware is primarily a profit-seeking endeavor, and its purveyors generally focus on the most lucrative targets, such as those with significant sources of funding or those with limited cyber security protection,” according to the statement.

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