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Bitcoin Daily: VeChain Blockchain Platform Loses $6.7M In Cyberattack; Bottle Pay Bitcoin Startup Shuts Down Amid New EU Regulations

PYMNTS

VeChain, which was started in 2015 in Singapore, showcases a lending platform based on the blockchain that aids clients in assessing the quality of items purchased via supply chain analysis. The Bottle Pay app once let users send small portions of bitcoin via social media handles and texts from Twitter to Telegram.

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Commander In Chief: Mitek Systems’ CEO Innovation Download

PYMNTS

So we also added a new focus: applying document and artificial intelligence/machine learning to develop enterprise-class solutions for identity verification in digital channels that meet the market need for a great user experience, risk mitigation and regulatory compliance. PYMNTS: Where do you look for innovative ideas, and why?

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Sleepless In 2017: The Eight Big Shifts That Should Keep FIs, Retailers and Payments Execs Up At Night

PYMNTS

The driver of this shift is the mobile device and the competition is the mobile app with the best user experience regardless of whose name is on the app and the depth and breadth of products they offer. They’re doing that at the same time regulators seem to be working overtime to put traditional banks at a competitive disadvantage.

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Senator Mark Warner Drops New Policy Proposals For Regulating Tech

PYMNTS

Virginia Senator Mark Warner, vice chairman of the Senate Intelligence Committee, released a policy paper detailing 20 options for the government to start regulating big tech a lot more closely. In fairness to Facebook, it is far from the only target of the regulations. The Suggested Regulations. What It Targets (and Why).

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Why Peer-to-Peer models struggle against oligopoly

Lex Sokolin

The media industry has been able to deploy a business model that uses the Internet to deliver a better user experience when bundled with the law. It is a worse user experience to avoid it. And this realization takes us to Lending Club. Peerless Lending Lending Club represents an era of Fintech credit.

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