PYMNTS

MAY 20, 2020

Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). ” The firms will cross-market each of their travel services as the initial step of the merger.

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Perficient

DECEMBER 27, 2023

Manage third-party risks, especially for relationships involving higher-risk or critical activities. An emerging scam known as “pig butchering” was recently flagged by the Financial Crimes Enforcement Network (FinCEN). Other, traditional financial crime risks, especially fraud, continue to demand banks’ vigilance.

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Perficient

NOVEMBER 8, 2021

I eventually got headhunted to work for City National Bank in Los Angeles. MM: So, you started at City National Bank, and was the bank online before you got there? MM: You played a variety of roles at City National Bank. What does the future hold for cryptocurrency? Cryptocurrencies will play a major role in this.

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Industry cryptocurrency New Mexico Los Angeles 539

PYMNTS

MARCH 3, 2020

The appointed organizer for the initiative, SFB Technologies, tapped the Algorand protocol because of its scalability, speed, security and its “ability to effectively implement required compliance controls and the transaction finality needed for a national currency.” in the fall of 2019.

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PYMNTS

OCTOBER 13, 2020

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. billion of cryptocurrency reportedly was lost to theft or fraud – double that of the previous year. That’s according to the U.S. Cryptos also help bad actors avoid sanctions.

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PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. This in the wake of the OCC’s Sept. But this trend toward crypto doesn’t stop there.

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PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

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PYMNTS

OCTOBER 18, 2018

The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. Part of the initiative includes the SBA’s guidelines to the nation’s traditional financial services market on how to service these industry players while maintaining compliance.

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Guidelines cryptocurrency blockchain National 213

PYMNTS

DECEMBER 21, 2020

Italian police charged the former head of cryptocurrency exchange BitGrail, identified by the initials of “F.F.,” cryptocurrency exchange Exmo reported a “major” security breach on Mon. with money laundering, fraudulent banking and computer fraud, Reuters reported. “It They allege that F.F. Meanwhile, U.K.

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PYMNTS

NOVEMBER 18, 2020

18), the first time the cryptocurrency has climbed above $18,000 since December 2017, CNBC reported. While the digital coin has been going through waves in its price point, some analysts and cryptocurrency fans said they think the trajectory is uphill. Bitcoin has continued to rise, hitting $18,172 Wednesday morning (Nov. Eastern Time.

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PYMNTS

MARCH 7, 2018

Japan’s Financial Services Agency is sending what Reuters terms “administrative punishment notices” on several of the nation’s cryptocurrency exchanges and some may be forced to suspend operations, the newswire reported , citing Nikkei’s business daily.

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PYMNTS

MARCH 22, 2019

Agustin Carstens, the general manager at the Bank for International Settlements , said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg. Central banks do not put a brake on innovations just for the sake of it.

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PYMNTS

APRIL 30, 2018

South Korea’s Korea Credit Data, a FinTech startup that operates in the small- and medium-sized business accounting software market, said it is exploring an entrance into the world of blockchain. The involvement of the nation’s largest cryptocurrency exchange comes as the government cracks down on such firms.

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PYMNTS

NOVEMBER 2, 2020

In other news, the Reserve Bank of Australia (RBA) is exploring the potential of a central bank digital currency (CBDC), in partnership with the National Australia Bank , Commonwealth Bank , Perpetual Limited and ConsenSys Software , the bank announced in a press release. RBA expects to finish the project at the end of this year.

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PYMNTS

FEBRUARY 15, 2019

Mark Williamson, chief operating officer of FX cash trading and risk management, told Reuters that HSBC processes from 3,500 to 5,000 trades a day on FX Everywhere, with trades now being worth $350 billion. Last month, the bank announced plans for a cryptocurrency program that could lead to the first Iranian crypto.

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PYMNTS

JULY 27, 2017

noted the report, plans to extradite Vinnik, who two sources told Reuters is the key person behind the cryptocurrency platform that was down since earlier this week. “An Their respective operators have also been arrested. Two cybercriminals in Germany were arrested as the operators of Hansa (their nationality seems to be unknown).

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cryptocurrency Bitcoin National Operations 100

PYMNTS

SEPTEMBER 30, 2019

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — told Karen Webster that cybersecurity threats to institutions and enterprises exist at several levels. The aggressors in this cyberwar?

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PYMNTS

AUGUST 23, 2018

The Chinese government has a complicated relationship with cryptocurrency: While it seems to be enthusiastic about the applications of blockchain technology, the country has banned initial coin offerings (ICOs) and blocked crypto trading sites. Why WeChat?

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social media cryptocurrency blockchain Technology 100

PYMNTS

MARCH 22, 2019

You will also advise clients on the various legal risks, business strategies and other issues related to commercial transactions and general operations. The candidate should be able to “manage numerous deals,” as well as have a J.D. degree and membership in at least one U.S.

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blockchain Bitcoin New York cryptocurrency 149

CFPB Monitor

APRIL 25, 2022

Anchorage is not any regular entity overseen by the OCC: it is a cryptocurrency custodian. The January 2021 Operating Agreement . In January 2021, the OCC granted Anchorage conditional approval for a national trust bank charter. Notably, Anchorage will pay no civil penalty.

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PYMNTS

OCTOBER 11, 2019

For central banks, when it comes to cryptocurrencies, there’s no central theme. In the most recent news , as noted by CNBC, Switzerland’s central bank is examining how digital currencies might be used in a trading environment, working in tandem with the Swiss stock exchange’s operator SIX Group. Others, not so much. Yays and Nays.

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PYMNTS

SEPTEMBER 23, 2020

21) clarified the authority for federal savings associations and national banks to keep reserves for clients who issue stablecoins. Mesh Payments pointed out that small and medium-sized businesses (SMBs) use over 40 subscription-based software packages on average, and many of them are key to business operations. TravelBank, U.S.

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PYMNTS

JULY 27, 2018

National Counterintelligence and Security Center warned that Russia, China or Iran could be involved in such an attack, targeting software linked to the supply chain. Google has banned apps that mine cryptocurrency in the back of a user’s device. Security Officials Warn of Potential Supply Chain Hack. The report by the U.S.

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PYMNTS

SEPTEMBER 30, 2019

Beyond the efforts in Indonesia, Thailand is, through its telecom regulator, proposing that the 10 members of the Association of Southeast Asian Nations (otherwise known as ASEAN) require internet and streaming video companies to set up domestic “verification centers” to help vet content. Libra, Too.

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PYMNTS

NOVEMBER 25, 2019

To that end, in France a number of media enterprises — ranging from the APIG press alliance, which represents dozens of national and regional papers, to AFP and the union of magazine editors — have filed complaints with EU regulators over copyright laws. The latter firm operates 150 hospitals and 50 senior living facilities across the U.S.

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PYMNTS

JUNE 21, 2019

new reports from The New Yorker this week dove into how the current CFO of the National Rival Association (NRA) allegedly embezzled funds from his last company, employee benefits consulting firm the Wyatt Company. In the B2B space, the latest cases are spread across North America, Australia and the U.K. In the U.S.,

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PYMNTS

NOVEMBER 26, 2019

Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said. Department of Justice on illegal financial issues affecting national security.

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CFPB Monitor

NOVEMBER 29, 2021

The Federal Reserve Board, FDIC, and OCC (collectively, the “Agencies”) issued on November 23 a short Joint Statement on Crypto-Asset Policy Sprint Initiative and Next Steps (“Joint Statement”), which announced – without further concrete detail – that they had assembled a “crypto asset roadmap” in order to provide greater clarity in 2022 to banks on (..)

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PYMNTS

APRIL 7, 2017

While the world’s most popular cryptocurrency recently suffered some defeats in the U.S. As part of the new law that has “legalized” bitcoin in Japan, the nation’s Financial Services Agency has put capital requirements, along with cybersecurity and operational stipulations, in place for bitcoin exchange.

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PYMNTS

JULY 1, 2019

Especially since Facebook’s attention-grabbing cryptocurrency, Libra , has put the focus back on crypto and blockchain payments. Tom Jones, chief operating officer at Women’s World Banking, sees Libra as potentially removing structural and cultural barriers to women’s financial inclusion.

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blockchain Payments Retail Innovation 211

PYMNTS

SEPTEMBER 17, 2018

For airlines and hotels, catering to customers from around the world means dealing with a long list of complications, including accepting payments in a host of local currencies, complying with national and international regulations, and finding ways to afford or offset the high price of processing fees.

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PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. United States. Blockchain may be shaping up to be a topic left to individual states to handle.

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blockchain Los Angeles Regulation Oregon 130

PYMNTS

JULY 17, 2019

In an interview with Karen Webster, Trulioo General Manager Zac Cohen took a multi-market look at government and thematic approaches to setting (and settling on) ID infrastructures. National efforts to issue digital IDs to everyone may be hallmarks of China and India. But looking globally, a fragmented landscape frames the debate.

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PYMNTS

AUGUST 20, 2018

The survey stretched across 77 C-level executives, IT managers and others — and of that tally, 76 percent of firms are not currently in compliance with their own information governance policies. The changes would come in the wake of the theft that occurred earlier this year at Coincheck , a currency exchange operator.

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PYMNTS

JANUARY 10, 2020

the restaurant operator with brands such as Morton’s Steakhouse and Joe’s Crab Shack, has warned that customers who used credit cards at more than 60 of its locations may have been exposed. And the month before, a data breach exposed the personal data of more than 1 million prepaid T-Mobile customers. for a cyberwar.

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United States National Data New York 141

PYMNTS

AUGUST 14, 2019

The second was the rise of cryptocurrency (though during his remarks he tended to refer to it as Convertible Virtual Currency or CVC). The responsibility of casinos managing all of those new transactions. When it came to technology, Blanco was specifically interested in – and concerned about – two main areas.

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PYMNTS

FEBRUARY 23, 2019

The last few months have been tough for bitcoin enthusiasts, who have watched the cryptocurrency bleed value for over a year at this point. But considering that its price at this time last year was just shy of $10,000, the bigger story surrounding the world’s best-known cryptocurrency has been one about loss.

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