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Former Visa Head To Lead Bank Of New York Mellon

PYMNTS

The Bank of New York Mellon announced Monday (July 17) that it named Charles W. In a press release announcing the news, the company said Scharf, who was most recently CEO and director of Visa, will become chairman of the board of directors effective January 1, 2018.

New York 100
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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Responsible Innovation “.

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Bitcoin Daily: Bakkt Trust Crypto Platform Gets Trust License In NY

PYMNTS

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. This approval demonstrates New York’s competitiveness as a hub of innovation and leadership in emerging technologies.”.

Bitcoin 165
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Bitcoin Daily: NY Regulator Announces New Crypto Unit; Online Crypto Lender Leaked Customers’ Credit Info

PYMNTS

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. Security researchers Noam Rotem and Ran Locar discovered the database and reported their findings to TechCrunch.

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Data, Security Monopolize B2B Funding Rounds

PYMNTS

Such was the case for several companies profiled this week by The New York Times , which shed light on the minority of startup owners that decide not to take outside investment. Check out who secured venture capital in our breakdown below. Check out who secured venture capital in our breakdown below. Enterprise Security.

Security 100
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IBM Ends 2018 With 9,100 Patents Under Its Belt

PYMNTS

In a press release , Armonk, New York-based IBM said it led the industry in terms of artificial intelligence (AI), cloud computing, security and quantum computing-related patent grants. ” According to IBM in 2018, close to half the patents are related to AI, cloud computing, security, blockchain and quantum computing. .

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Succeeding in the future of payments

Insights on Business

Customers increasingly demand new payment options like real-time payments and P2P payments, underpinned by security and trust. Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. Embracing the future in the age of instant gratification.

Payments 125