article thumbnail

Bitcoin Daily: Chiliz Blockchain Firm Creates Sports-Focused Crypto Exchange; Proposed Hawaii Legislation Would Allow Banks To Hold Digital Currencies

PYMNTS

We have created a new usage and innovation (fan token, influence, etc. In other bitcoin news, a proposed bill in Hawaii would let banks hold onto crypto for customers, according to CoinDesk. 18, and would allow banks in Hawaii to hold onto digital securities, virtual currencies, digital consumer assets and open blockchain tokens.

Hawaii 131
article thumbnail

In Hawaii, Streamlined Mass Transit In The (HOLO) Cards, Beyond The Paper Pass

PYMNTS

In Hawaii, we are about to find out. Upon designing the HOLO card tied to a closed loop system and creating a card that has its own built-in security features, said Nouchi, “We wanted to preserve the sales mechanism and the processes that our passengers were used to over the years.

Hawaii 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 10 Regulatory Hot Topics for 2022 – What AML Professionals Need to Know

Abrigo

The world of FinCrime is more dynamic than ever, with fraud escalating thanks to an increase in mobile payments precipitated by the pandemic and security concerns rising over the Russian conflict in Ukraine. Anticipating change in the anti-money laundering industry.

article thumbnail

Top 10 Regulatory Topics NBFIs Should Prepare for in 2022

Abrigo

Thanks to an increase in mobile payments precipitated by the pandemic and rising security concerns due to the Russian conflict in Ukraine, the world of financial fraud prevention is more dynamic than ever. Recently, the Secure and Fair Enforcement Banking Act of 2021 (SAFE Act) passed the house for the third time.

article thumbnail

Why Tech Fails Can (Sometimes) Be Inconveniently Fun

PYMNTS

13, 2018, an emergency alert text went out all over Hawaii telling residents and tourists that an incoming ballistic missile attack was imminent, tipping off waves of panic and terror as people scrambled for cover. In short, the system thought May was Batman and locked him out of his house as a security precaution.

System 149