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FBI Director: China Wants To Steal US Tech By ‘Any Means Necessary’

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technology by “any means necessary” and that there are about 1,000 related investigations currently ongoing in the country, through its 56 regional offices, according to a report by Reuters. . based technology in all 56 of our field offices and spanning just about every industry sector,” Wray said. William Evanina, a senior U.S.

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Will The Pandemic Finally Get Central Banks Interested In Building Digital Currencies?

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As politicians across the globe grapple with the pandemic’s continued economic fallout and the need to get stimulus funds to individuals, corporations and even local governments with speed and security, digital delivery of those dollars is likely to gain increasing traction. As reported in this space last month, the efforts are still nascent.

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Introducing Quantum Computing

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Quantum computing is one of the hottest technologies in the world right now, but it also considered an extremely complicated field because the quantum concepts involved aren’t easy to understand. However, there is a physical limit to this technology. The development of quantum computers could affect data security.

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More Than Half Of Cards Issued Globally Were EMV-Enabled

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EMVCo continues to work closely with payment stakeholders to evolve the EMV Specifications to provide a secure, interoperable foundation for emerging technologies across face-to-face and remote environments.”. percent of all card-present transactions made around the world between January and December 2017 used EMV chip technology.

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US Bans Chinese Facial Recognition Tech

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A Chinese company that develops facial recognition technology could be facing a ban in the U.S. The cameras are also used to track Muslims coming in and out of mosques in the western Chinese region of Xinjiang, which has led to the detention of thousands of ethnic Uighurs and other Muslim minorities in internment camps.

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Auto Lenders Use AI To Drive Safer Real-Time Disbursements

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Financial institutions (FIs), FinTechs and other businesses that are looking to enable these rapid payments must therefore ensure that their security and fraud-fighting approaches are up to the challenge. Advanced analytics technologies could help FIs tackle such issues, however, by making it easier for FIs to detect potential red flags.

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Today In Digital-First Banking: Alfa-Bank Joins Contour Trade Network; JPMorgan Names New Liquidity Solutions And Escrow Exec

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Contour allows bank customers to keep track of the handling and updating of trade finance transactions in real time, with the assistance of blockchain technology. CORO Global – and its gold trading mobile program – just grew its reach in the United States with the addition of a license to run in Alabama. On Tuesday (Nov.

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