PYMNTS

MARCH 14, 2019

And there, Kohli said, innovation is helping corporates adapt to and manage these global risks. The rise of third-party payment providers, and the opportunity for traditional institutions to collaborate with them, has also opened doors for cross-border payments innovation. Treasurers’ Biggest Worries.

Payments 193

Payments Innovation National Fraud 193

PYMNTS

SEPTEMBER 29, 2017

Switzerland is the latest nation to take a harder look on this new crowdfunding method, which allows cryptocurrency entrepreneurs to raise millions by creating and selling digital “tokens.”. Bancor Protocol, a Zug-based foundation enabling the creation of other cryptocurrencies, raised over $150 million in June.

cryptocurrency 124

cryptocurrency Bitcoin Regulation blockchain 124

PYMNTS

OCTOBER 8, 2019

Plaintiffs say that the actions of iFinex was “part fraud, part pump-and-dump and part money-laundering.”. In other news, $10 billion worth of bitcoin — or almost 7 percent — is currently held in the wallets of eight major cryptocurrency exchanges. Coin Telegraph reported that Token Analyst found that almost 1.2

Bitcoin 181

Bitcoin Taxes cryptocurrency Innovation 181

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. Usually, the ransom is a substantial amount of money or cryptocurrency. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. Usually, the ransom is a substantial amount of money or cryptocurrency. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

PYMNTS

JUNE 24, 2019

Amid the announcement of a new cryptocurrency – that would be Libra – the Financial Action Task Force (FATF), which operates as global regulatory firm based in Paris with a membership roster of countries such as China and the United States, has said it will boost its examination of digital currencies with an eye on money laundering.

Regulation 129

Regulation social media cryptocurrency United States 129

CFPB Monitor

JULY 14, 2022

On July 8, with limited fanfare, the Department of Treasury issued a request for public comment regarding the March 9, 2022 Executive Order entitled “Ensuring Responsible Innovation in Digital Assets” (the “Order”). leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation.”

United States 78

United States Leadership Policies Regulation 78

Bobsguide

JULY 14, 2022

London, 23rd June 2022 – Innovative tech-led Payments Bank, Banking Circle, has commissioned a report on what banks need to do to prepare for the widespread adoption of digital currencies. found that the acceptance network for web3 and cryptocurrency is widening, with a growing number of financial institutions handling such payments. “It

cryptocurrency 88

cryptocurrency Fraud National Strategy 88

Abrigo

FEBRUARY 8, 2022

Takeaway 1 NBFIs are agile and innovative and are competing head-to-head with traditional financial institutions. NBFIs are agile and innovative and are competing head-to-head with traditional financial institutions. Here are 10 basics to ensure a sound program. You might also like this downloadable Customer Due Diligence Checklist.

Compliance 195

Compliance Training Regulation Fraud 195

PYMNTS

DECEMBER 4, 2020

Regulatory hurdles still exist, but when PayPal announced that its 350 million users can transact with bitcoin and other cryptocurrencies, the game changed. A PYMNTS survey of a national sample of 2,147 U.S. New Data: Consumers Want Banks To Use Location Data To Keep Accounts, Transactions Fraud-Free. Top Trackers And Reports.

Cards 151

Cards Data Mobile Survey 151

PYMNTS

JULY 1, 2019

Blockchain has potential to securely transmit remittance data along with payments in cross-border B2B transactions, enable companies to use smart contracts to enforce business agreements in B2B trade and mitigate the risk of fraud in supply chain transactions. Many still have hopes for blockchain, but it’s still very much a work in progress.

blockchain 211

blockchain Payments Retail Innovation 211

PYMNTS

FEBRUARY 21, 2018

Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months. Perhaps it isn’t surprising that analysts are now musing about how to avoid a repeat of the Punjab National Bank fraud scandal, and some are looking towards blockchain to do so. United States.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

JULY 17, 2019

We say defense because it was apparent from early in the hearing that the senators gathered were more than a little suspicious of Facebook’s latest innovation — and less than favorably inclined to letting it move forward. North Carolina Sen. But beyond all the comments and performance art, senators had a lot questions. He said the U.S.

cryptocurrency 142

cryptocurrency North Carolina Idaho Louisiana 142

PYMNTS

OCTOBER 2, 2018

Wily sorts, who go with the flow of innovation and see the sea changes inherent in payments. Squeezed out of tried-and-true methods of card fraud (thanks in no small part to EMV), the fraudsters are eyeing how to interfere with the money that firms legitimately send in the course of normal, daily business life. s National Crime Agency.

Fraud 149

Fraud Course System Big Data 149

PYMNTS

MARCH 17, 2017

Lack of oversight, regulation and the potential for fraud in the broader bitcoin space. Jerry Brito , executive director of cryptocurrency advocacy group Coin Center, notably queried, “How do we develop well-capitalized and regulated markets in the U.S. Still, some aren’t satisfied with that. For some, it was quite the opposite.

Bitcoin 123

Bitcoin Regulation cryptocurrency blockchain 123

PYMNTS

OCTOBER 26, 2016

“A key result of this application is in the reduction of paperwork and delays in processing and, therefore, the ability to reduce fraud. A common problem with the shipping of goods, similar to that faced by cryptocurrencies, is the ‘double spend,’” said Ira Schaefer of Hogan Lovells. And that’s at the international level.

Illinois 100

Illinois blockchain Technology Innovation 100

PYMNTS

MAY 16, 2016

fleet managers consider fuel card fraud a major issue , found oil giant Shell in its first Fraud Matters report on the fleet card industry. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. 65% of U.K. 60% of U.K.

Fintech 108

Fintech Lending Fraud Cards 108

NCR

AUGUST 18, 2017

It started out as the rails for cryptocurrencies like Bitcoin, but has evolved as a technology that can transform many legacy business paradigms in the banking sector. Today these activities are both time-consuming and costly, with Thomson Reuters estimating the average national bank spends around $60 million on these activities every year.

blockchain 75

blockchain Technology cryptocurrency Study 75

PYMNTS

MARCH 31, 2017

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

Tomorrow's Transactions

JANUARY 20, 2016

It might be considered reckless to disagree with the Chief Scientific Adviser, but on one matter I certainly do as the report refers a number of times to the use of bitcoin in a payments context but I just do not see this and, as I’ve written before , I certainly do not see cryptocurrency as a sensible government option for digital currency.

blockchain 39

blockchain Bitcoin Technology Report 39

PYMNTS

SEPTEMBER 3, 2018

Almost 33 years ago, David Letterman introduced his singular innovation in stand-up comedy: the Top 10 List. In June, CNBC reported that Holmes was indicted on criminal wire fraud charges— though she remains chairman of the Theranos board, despite the charges. Crytpo’s Big Flash Crash. percent on the day. million users, up from 9.2

Branding 100

Branding Cards Fraud Marketing 100

Abrigo

APRIL 18, 2022

Innovation is key in the world of decentralized currencies The United States will have to be creative to stay competitive globally as digital assets enter the mainstream. The innovative world of digital assets has made big strides since its inception in 2009. Would you like other articles like this in your inbox? Rapid Growth.

cryptocurrency 195

cryptocurrency Fraud United States Leadership 195

CFPB Monitor

MARCH 10, 2022

President Biden has signed an Executive Order intended to respond to the explosive growth in digital assets, including cryptocurrencies. It is chaired by the Secretary of the Treasury and the CFPB Director serves as Vice-Chair.). .

FDIC 148

FDIC National cryptocurrency Leadership 148

South State Correspondent

JULY 25, 2022

Articulate what major innovative initiatives (deposit opening, payments, and loan processing remain the big main projects) the bank is working on and how it will impact cost, the ability to scale, customer experience, or the employee experience. Fraud & Cyber: P2P fraud, account takeover, and synthetic IDs have hurt banks in 2Q.

Trends 195

Trends Lending Marketing Capital 195

PYMNTS

MARCH 28, 2018

The high value of diamonds and gold, combined with crowded supply chains rife with fraud and crime, make this industry ripe for disruption. This week’s Blockchain Tracker examines how blockchain innovators are tackling these supply chain management issues. This ensures authenticity of information.”.

blockchain 123

blockchain cryptocurrency Bitcoin Data 123

Abrigo

JULY 22, 2022

Cryptocurrency regulation is on the horizon The ups and downs of the cryptocurrency scene have illuminated a need for guidance for traditional financial institutions. You might also like this whitepaper, "Understanding Cryptocurrency." Historical benefits of cryptocurrency. Cryptocurrency's appeal to consumers.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. Let’s see how this new scale allows for big investments in future innovation. She was a trailblazer and an early innovator in analytics. Merger (MOE) of the Year: Credit Union.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 14, 2023

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

DECEMBER 29, 2020

Machine Learning Supercharges Banks’ Efforts to Fight Debit Fraud. Eighty-six percent of consumers shopping online are targets of debit card schemes and other forms of fraud, and these growing threats are pushing banks to rethink the tools in their fraud-fighting arsenals. Drone Delivery Gets a Lift With FAA Rule Change.

Payments 141

Payments Fraud Tools Video 141

PYMNTS

JULY 15, 2019

It has been about a month since Facebook pulled back the curtain on its vision for Libra – a blockchain-backed cryptocurrency with the lofty aim of connecting the 1.7 But that isn’t a reason to pause innovation – it’s a reason to work with regulators to build the regulations. “We The group of nations that comprise the G7 (the U.S.,

Regulation 100

Regulation cryptocurrency Policies blockchain 100

CB Insights

AUGUST 25, 2017

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Real estate.

blockchain 78

blockchain Industry Bitcoin Security 78