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How Smart Algorithms Deliver Faster, Secure Gig Payouts

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Regulators around the world are passing new laws to make sure ad hoc workers are properly protected, and some of these rules could have sweeping implications for businesses and their freelance partners. The Tracker also analyzes how payment technologies and methods may be changing to keep freelancer needs met.

Security 161
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Bitcoin Daily: Avanti Preparing To Apply For Banking Charter; NJ Lawmaker Introduces Regulatory Rules On Crypto

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A “future bank” focused solely on providing regulated services for digital assets is preparing to start, according to Coindesk on Monday (Feb. Because trust companies can’t custody securities in the U.S., Assemblywoman Yvonne Lopez introduced the Digital Asset and Blockchain Technology Act on Feb. The company was formed Jan.

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Bitcoin Daily: FINMA Grants Licenses To Two New Blockchain Firms; ShortHop Crypto Exchange Launches In Seven New States

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The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. They will be required to follow the new anti-money laundering (AML) requirements that FINMA revealed this week.

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Senate Grills Facebook’s Marcus Over Libra

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It’s a good idea for us to explore this because quite honestly cryptocurrency now is still kind of the wild, wild west that is not well regulated,” he said. to lead it its construction and regulation, lest the technology form factor be led by others from places “out of reach of our national security apparatus.”.

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Trulioo On Tweaking The Odds In Favor Of Online Sports Betting

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New Jersey was the ringleader of the effort, though it did enlist support from 17 other states and three additional state governors. It all comes down to security, authentication and fraud prevention. They cannot control which wall the DOJ and Congress” might eventually rule on this new betting regime.

Online 169
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NJ Legislators Propose Tighter Data Privacy Regulations

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Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). The bill mandates that tech firms get authorization from New Jersey consumers before collecting and selling information to third parties.

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BNY Mellon’s AI-Based Fraud Detection Initiative

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It’s nearly impossible for human analysts to examine every sign of malfeasance with banks processing millions of transactions each day, but that is exactly where learning technologies like artificial intelligence (AI) and machine learning (ML) can help. But there are people in Silicon Valley who are two to three years ahead.”.

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