PYMNTS

DECEMBER 24, 2020

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. The Federal Reserve said this year that its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Keeping An Eye On Fraud.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

NOVEMBER 15, 2019

But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license. I hope everybody will join this platform,” he said in a video, according to The Guardian.

DC 100

DC social media Bitcoin cryptocurrency 100

PYMNTS

SEPTEMBER 25, 2020

The global tech firm has teamed with payment processors Fiserv, PTS, FIS, CoreCard, Galileo, i2c, TSYS and Marqeta to give them digital guidelines that will let clients get almost instantaneous access to card information and peace of mind to make secure transactions, among other benefits. Time on Tuesday (Sept. 22) at the earliest.

Maine 153

Maine social media Atlanta Massachusetts 153

PYMNTS

JANUARY 7, 2019

Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. Illinois’ Role. for use of biometric data.

Illinois 161

Illinois Google New Hampshire Texas 161

PYMNTS

SEPTEMBER 22, 2017

The company’s shares have fallen more than 30 percent since the hack, which exposed consumer names, Social Security numbers, birthdates, addresses and, in some cases, drivers’ license numbers. If the companies fail to register, they could be barred from doing business with financial companies regulated by New York State.

New York 116

New York Atlanta Massachusetts Regulation 116

PYMNTS

SEPTEMBER 25, 2017

Add the Consumer Financial Protection Bureau to the list of federal agencies expected to punish Equifax for the massive security breach that exposed the personal data of around 143 million Americans. The Federal Trade Commission and the Department of Justice are already investigating the cyberattack.

Massachusetts 116

Massachusetts Security Regulation Data 116

Independent Banker

NOVEMBER 13, 2014

It’s called ATM cash-out fraud, and it’s a new data security threat where physical attacks and cyberattacks converge. Earlier this year, federal regulators warned financial institutions against criminal attacks on their ATM systems. Maria Korolov is a freelance writer in Massachusetts. Current Tech. By Maria Korolov.

ATM 93

ATM System Management Kansas City 93

PYMNTS

DECEMBER 1, 2017

At the time, Uber – at the directive of its chief security officer – hid the breach and paid hackers about $100,000 to destroy the data. The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. Privacy regulators for the European Union said Wednesday (Nov.

New York 144

New York Data Regulation Washington 144

PYMNTS

NOVEMBER 27, 2017

The same unit in March agreed to fork over $22 million as part of an inquiry by the Massachusetts Attorney General over subprime auto loan securitizations. This wouldn’t be the first time Santander received a slap on the wrist from a U.S. In 2015, Santander’s Consumer USA Holdings unit paid $9.35

Massachusetts 101

Massachusetts Lending Policies Compliance 101

PYMNTS

JUNE 3, 2019

Some politicians, like Massachusetts Senator Elizabeth Warren , have been calling for the breakup of tech giants. Even with the Facebook Cambridge Analytica scandals, which helped to calibrate attention on tech giants’ handling of user data, there hasn’t been any real regulatory agreement into oversight of these companies until now.

social media 109

social media Massachusetts Washington Google 109

PYMNTS

JANUARY 2, 2019

And how will regulators and lawmakers respond? Artificial intelligence — arguably one of the most important digital technologies going into 2019 — could soon face export regulations set by the U.S. David Edelman, a technology policy researcher at the Massachusetts Institute of Technology. “It How will they scale? AI Dual Use.

US 198

US United States Regulation Technology 198

PYMNTS

SEPTEMBER 27, 2019

Speaking before Congressman Stephen Lynch of Massachusetts, senior member of the House Committee on Financial Services, and the rest of the committee, witnesses from the Fed and other areas of the payments community offered their support to FedNow — but not without caveats. George, was met with widespread support from her fellow witnesses.

Payments 174

Payments Kansas City Community Bank Community 174

CB Insights

FEBRUARY 21, 2019

Blockchains operate through decentralized peer-to-peer platforms, building resilience against the spread of corrupted information and boosting resistance to fraud. This solution streamlines the process of transferring property titles while also adding some layers of security. See our explainer for more on how blockchains work. .

blockchain 78

blockchain Fraud Technology Management 78

CB Insights

JULY 23, 2020

Beyond the office: cybersecurity and at-home network security. Biometrics — which measure a person’s physical characteristics, such as fingerprints or voice patterns — are often more secure than other authentication options, more convenient for customers, and more cost-effective for businesses. Bathrooms: autonomous cleaning solutions.

Meeting 101

Meeting Tools Survey Company 101

CB Insights

FEBRUARY 19, 2019

Regulation will be essential. Musk believes that proper regulatory oversight will be crucial to safeguarding humanity’s future as AI networks become increasingly sophisticated and are entrusted with mission-critical responsibilities: “Got to regulate AI/robotics like we do food, drugs, aircraft & cars. Bonnie Docherty.

Technology 78

Technology System National US 78

Gonzobanker

DECEMBER 14, 2023

Lifetime Achievement Award (Bank) Cambridge Savings CEO Wayne Patenaude looks to end a long and successful career at one of Massachusetts’ 10 largest banks. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. The Bank Regulator Working for Merchants Award!

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

JANUARY 26, 2018

But critics, notably Massachusetts Senator and CFPB architect Elizabeth Warren, have accused Mulvaney of shuttering the CFPB in all but name only, and doing so by defanging its ability to actually protect consumers. The CFPB cannot fulfill its core functions without collecting personally identifiable information,” Warren stated in a letter.

Lending 101

Lending Cards Millennials Data 101

PYMNTS

JANUARY 7, 2019

Payments are and will be embedded in each of these experiences, enabled by an intermediary that will authenticate the user or the user’s device and enable secure, private and interoperable commerce experiences. In the payments and commerce world, that’s not much time at all. Now it’s a reliable 10- to 15-minute trip.

Mobile 205

Mobile Innovation Apple Study 205

PYMNTS

MARCH 19, 2018

Facebook is facing fresh calls for the government to regulate the company after the news that Cambridge Analytica, a political consulting firm, was able to access data on 50 million users beginning in 2014. Senator Mark Warner also weighed in, saying the incident increases the need for new regulations.

Regulation 102

Regulation Data social media Massachusetts 102

PYMNTS

MARCH 20, 2018

With the social media giant facing severe backlash from regulators, politicians and consumer groups in both the U.K. Lawmakers and regulators in the U.S. Massachusetts Attorney General Maura Healey said over the weekend that her office is launching an inquiry into how Facebook data is used. and the U.S., and the U.K.

Data 106

Data Marketing Massachusetts social media 106