PYMNTS

JANUARY 26, 2021

But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. Wider adoption will be driven, in part, by regulatory frameworks that enhance security and foster trust in using cryptos in everyday commerce. Bitcoin gets all the headlines. They have some ideas of what they want to do,” Johnson said.

cryptocurrency 256

cryptocurrency Bitcoin blockchain FDIC 256

PYMNTS

SEPTEMBER 18, 2020

This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. Combining these elements, we are creating a broad platform with faster technology and smarter and better services that the industry can trust as a foundation for innovation towards their own end-clients," he added.

Innovation 291

Innovation Payments cryptocurrency Cards 291

Bank Innovation

FEBRUARY 23, 2018

EXCLUSIVE – Wells Fargo will not be joining some of the other big banks in banning its customers from purchasing cryptocurrency with their credit/debit cards, Bank Innovation has learned.

cryptocurrency 284

cryptocurrency Cards Innovation Groups 284

Bank Innovation

MARCH 8, 2018

The Securities and Exchange Commission is telling investors to ask their cryptocurrency platforms 13 questions to weed out the “”potentially unlawful” ones.

cryptocurrency 236

cryptocurrency Security Bitcoin 236

Bank Innovation

SEPTEMBER 27, 2017

Fintechs are partnering with banks, banks are using blockchain technology, artificial intelligence, and cryptocurrency and financial regulation is still undergoing massive changes. 2017 has been a […].

Innovation 360

Innovation cryptocurrency blockchain Fraud 360

Bank Innovation

MARCH 21, 2017

Cryptocurrency and blockchain offer many potential benefits to banking customers, such as faster and more secure cross-border payments. But how about bank employees? A software development company Softjourn demoed “SJ Coins” (or Softjourn Coins)– a rewards system for employees– at the FinDEVr conference today.

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cryptocurrency Conference blockchain Software 278

PYMNTS

JANUARY 4, 2019

A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports. Cryptocurrency, however, is more than just an asset that stores value.

cryptocurrency 163

cryptocurrency New York New York City Study 163

Bank Innovation

OCTOBER 12, 2017

The People’s Republic of China will likely re-legalize cryptocurrency trading, ending its nation-wide ban on crypto exchanges from early September, as reported by cnLedger, a well-known source on cryptocurrency news in China.

cryptocurrency 268

cryptocurrency National Report Bitcoin 268

Bank Innovation

DECEMBER 31, 2018

It was a tough year for cryptocurrencies. Over the past 12 months, Bitcoin – the most popular cryptocurrency – lost more than 70% of its market capitalization and Ethereum lost more than 80% of its value, according to digital currency exchange Coinbase.

cryptocurrency 218

cryptocurrency Bitcoin Capital Marketing 218

Bank Innovation

FEBRUARY 7, 2018

EXCLUSIVE -The chairs of Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), John Clayton and J. Christopher Giancarlo respectively testified before the Senate Banking Committee yesterday on their regulatory ideas and concerns on cryptocurrency. Surprisingly, the sentiment was not a negative one.

cryptocurrency 244

cryptocurrency Video Security Bitcoin 244

Bank Innovation

OCTOBER 3, 2017

The Acting Comptroller of the Currency of the United States, Keith Noreika, has stated that he is considering imposing a nationwide licensing program for cryptocurrency exchanges, similar to the licensing program recently enacted in Japan. Last week, Japan’s […].

United States 284

United States cryptocurrency Bitcoin National 284

Bank Innovation

FEBRUARY 23, 2018

Japan’s cryptocurrency exchanges have reported a total of 669 suspected money laundering cases to the country’s National Police Agency, according to a report by Nikkei Asian Review.

cryptocurrency 285

cryptocurrency Report National Bitcoin 285

Bank Innovation

OCTOBER 16, 2017

Russian Minister of Communications and Mass Communications Nikolai Nikiforov has announced that the Russian state will “quickly” issue its own cryptocurrency, called the “CryptoRuble,” as reported by the Russian publication AIF.

cryptocurrency 275

cryptocurrency Report Compliance Online 275

Bank Innovation

JUNE 18, 2019

unveiled plans for a new cryptocurrency that the social-media giant hopes will one day trade on a global scale much like the U.S. Facebook Inc.

cryptocurrency 210

cryptocurrency social media Security blockchain 210

Chris Skinner

MARCH 21, 2018

AI, AGI, ASI (Artificial Intelligence, Artificial General Intelligence, Artificial Super Intelligence); machine learning and deep learning; blockchain, shared ledgers and distributed ledger technologies; cryptocurrencies, virtual currencies and digital currencies; Open Banking and Open APIs; and so on and … The post How quantum will change everything (..)

Security 351

Security blockchain cryptocurrency Financial Technology 351

PYMNTS

FEBRUARY 7, 2019

Other times, innovators combine cutting-edge technologies in an attempt to bring more security and seamlessness to the healthcare space. Reducing friction also can be a relatively simple matter of point-of-sale innovating. 190 million: Amount of cryptocurrency stuck in storage after the death of the QuadrigaCX founder.

Innovation 148

Innovation cryptocurrency System Data 148

Bank Innovation

SEPTEMBER 25, 2017

Even after shutting down dozens of bitcoin exchanges and banning bitcoin executives from leaving its borders, the“mouthpiece” for the People’s Bank of China, Financial News, published an article declaring that Beijing should “accelerate the process of launching a digital currency after it curbed the risks of [en]cryptocurrencies.”

cryptocurrency 270

cryptocurrency Bitcoin Technology Compliance 270

PYMNTS

NOVEMBER 10, 2020

In other news, Securities and Exchange Commission (SEC) member Hester Peirce expressed hope that securities regulations concerning cryptocurrencies will speed up to match the speed of financial technology innovation. 6), CoinDesk reported, citing regulatory concerns.

cryptocurrency 167

cryptocurrency Regulation Bitcoin Colorado 167

Bank Innovation

FEBRUARY 19, 2019

The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI The startups are:[link] Avocado Payments, Budgit Inc., Community Capital Technologies, Denizen Financial, Diro Inc., Exagens Corp.,

Innovation 240

Innovation Community Capital Fintech 240

PYMNTS

DECEMBER 4, 2020

They convert their fiat currency into cryptocurrency, which middlemen in Cuba then bid on and pay for in cash to the sellers’ family members in Cuba. The proof-of-concept was run in partnership with BIS’ Innovation Hub Swiss Centre, the Swiss National Bank and financial infrastructure operator SIX, according to the announcement.

cryptocurrency 152

cryptocurrency Bitcoin National US 152

PYMNTS

JUNE 13, 2019

Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims. billion: Total value of losses to cryptocurrency theft reported in Q1 2019. . $22

Security 139

Security Tools social media cryptocurrency 139

Bank Innovation

NOVEMBER 16, 2018

Innovation is expensive. And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150

Bank Innovation

NOVEMBER 16, 2018

Innovation is expensive. And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150

PYMNTS

SEPTEMBER 17, 2020

Two individuals from Russia who were recently sanctioned by the Treasury Department purportedly put into place copycat websites for cryptocurrency exchanges that that tricked people into providing login information, CoinDesk reported. After that time, they purportedly stole ether, bitcoin and NEO to the tune of $20 million.

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Bitcoin ATM Security cryptocurrency 178

PYMNTS

SEPTEMBER 9, 2020

The testing tool comes as the global economy embraces digital payments and central banks investigate how to support innovation while maintaining financial stability as they issue the currency. Launched through Mastercard’s Accelerate program, cryptocurrency platform Wirex will be Mastercard’s first partner. In a Wednesday (Sept.

cryptocurrency 330

cryptocurrency Regional Survey blockchain 330

Bank Innovation

SEPTEMBER 26, 2017

Several banks in Singapore have closed the accounts of an estimated 10 firms specializing in cryptocurrency and payments services.

cryptocurrency 150

cryptocurrency blockchain Fintech Industry 150

Bank Innovation

APRIL 23, 2018

The Reserve Bank of India, the country’s central bank, will be going to court over its cryptocurrency ban after all. According to reports, the Delhi High Court issued a notice to the Reserve Bank of India (RBI), The Union of India through Secretary, Ministry of Finance and GST Council, yesterday. The notice comes because of […].

cryptocurrency 199

cryptocurrency Report Bitcoin Security 199

PYMNTS

NOVEMBER 29, 2018

The allure of blockchain was its potential to be a catch-all solution, but as innovators take a more practical approach to introducing the technology to the real world, its true opportunity may lie in addressing highly specialized, unique points of friction. trillion by 2025.

cryptocurrency 135

cryptocurrency blockchain Industry Technology 135

PYMNTS

JANUARY 31, 2021

Ripple has responded to a lawsuit against it, saying that the Securities and Exchange Commission (SEC)'s opinion that its XRP cryptocurrency is a security is false, a filing says. The SEC contests that Ripple’s digital coin counts as a security and, as such, the SEC is allowed to regulate it. The move also “threatens U.S.

cryptocurrency 230

cryptocurrency Bitcoin Regulation Security 230

Bank Innovation

NOVEMBER 15, 2017

EXCLUSIVE- Bank Innovation has released the agenda for its seventh annual fintech conference, and it is completely overhauled to enhance the event experience for attendees.

Conference 225

Conference Innovation Fintech How To 225

PYMNTS

SEPTEMBER 14, 2020

The United States may have some of the world's best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies.

blockchain 160

blockchain cryptocurrency Bitcoin Compliance 160

PYMNTS

DECEMBER 23, 2020

The road to mainstream acceptance of cryptocurrencies will still have its bumps, its potential roadblocks set in place from regulators. News came this week that the United States Securities and Exchange Commission has filed suit against Ripple over its XRP cryptocurrency. The SEC has charged that Ripple held a $1.3

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation? Each year, we poll the industry to find out.

Innovation 257

Innovation blockchain Fintech Industry 257

PYMNTS

NOVEMBER 4, 2020

The seizure stemmed from a cryptocurrency fraud scheme being investigated by Brazilian federal police called Operation Egypto. Cryptocurrency has become something of a go-to method for scammers , according to DOJ, as exchanges are often lightly regulated and there are no easy ways to follow the money.

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Fraud cryptocurrency Regulation Operations 234

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? This year, the pressure for banks to innovate is high, as banks no longer […]. Each year, we poll the industry to find out.

Innovation 220

Innovation Bitcoin Fintech Industry 220

PYMNTS

JANUARY 30, 2018

Regardless of where blockchain makes its mark, what is certain is that corporates have to trust that a largely unfamiliar innovation will work the way it should; that means securely, efficiently and easily. billion raised via controversial initial coin offerings (ICOs) have been lost to lapses in security, including phishing attacks.

blockchain 144

blockchain Security Software Tools 144

Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

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Innovation Seattle Fintech Technology 170