PYMNTS

MAY 5, 2016

Taking away a euro denomination favored by less-than-lawful elements of society, the European Central Bank said on Wednesday (May 4) that it was no longer going to print the €500 bank note. In a hint to the popularity of the money and its usefulness for, say, drug cartels, €500 notes are referred to as “Bin Ladens.”

New York 100

New York Lending Report Fraud 100

ForwardBanker

FEBRUARY 20, 2018

Our society views this technology with equal parts fear and fascination. Using machine-learning algorithms to analyze the unique genetic make up of a cancerous tumor and predict the best drug therapies is fascinating. Artificial intelligence really is a double-edged sword, isn’t it?

Technology 43

Technology Management 43

Independent Banker

FEBRUARY 28, 2023

Hoving Home is a faith-based facility that helps mostly low-income women recover from issues like drug addiction, alcoholism, abuse, prostitution and human trafficking. For more than five years, Valley Bank has worked with Walter Hoving Home, a community nonprofit organization in Oxford, N.J. to six branches throughout the U.S.,

Austin 91

Austin Las Vegas Community Management 91

PYMNTS

MARCH 9, 2020

We may, as a society, have been dealing with cybercrime, fraud and illegal trafficking for a while, but now, those activities are converging on a global stage. Or, the data show, the transactions involve “street sources,” such as drug dealers, brokers who sell firearms. As Webster noted, we’re moving into uncharted territory.

Data 177

Data United States Chicago Community 177

PYMNTS

AUGUST 25, 2018

Apart from the art and the counter-cultural campout atmosphere on offer, Burning Man is also internationally regarded as an excellent place to do some networking with Silicon Valley’s most elite – and to take a lot of hallucinogenic drugs. And that experience has a major effect on those who consider the Black Rock desert their spiritual home.

Google 100

Google Capital New York Community 100

FICO

AUGUST 16, 2017

Merck gave huge cash prizes for discovering new drugs using AI. This rapid progress leads me to believe that within the next 10 years, there will be faster and earlier diagnosis of all diseases at a much lower cost, and the drugs and treatments will be much more effective. It will reduce effort and increase efficiency of the workers.

US 111

US Training Fraud Samsung 111

PYMNTS

SEPTEMBER 15, 2017

That isn’t just expensive for the individual consumer; it’s bad for society.”. We have to be really careful [about] how it is offered, because debt can be as addictive as drugs and alcohol. Millennials , she noted, tend to enter the credit system with a bang once they start having families. A debt trap is not good for anyone.

Fintech 198

Fintech System Lending Cards 198

FICO

MAY 25, 2023

billion monthly visits to Open AI’s website in April 2023—the tech industry, government and society need to step up and face a stark reality: we have reached “the singularity” with AI. We Have Reached “The Singularity” with AI Since Generative AI is here to stay—ChatGPT’s base grew by 9,900% in 60 days , with 1.8 He received his Ph.D.

Regulation 52

Regulation San Diego Analytics blockchain 52

FICO

OCTOBER 17, 2019

Conroy pointed out that fraud and money laundering are financing some of the worst crimes society faces, including human trafficking, terrorism and the operations of drug cartels. Artificial intelligence and machine learning to combat fraud and money laundering is a worthwhile investment.

Fraud 40

Fraud Compliance Conference Operations 40

PYMNTS

MARCH 17, 2017

But marijuana remains an illegal drug per the federal government. To me, this is what’s interesting, and it’s a good, good cause to make society better,” Curren noted. In 1996, California legalized medical cannabis; in 2014, Colorado did one better and legalized marijuana for adults over 21 for recreational use.

Innovation 103

Innovation Lending Boston Security 103

Tomorrow's Transactions

MARCH 9, 2015

So having large amounts of cash sloshing around in society has a high social cost: we all end up having to pay extra taxes to make up for tax evasion, for the economic inefficiency that corruption brings, for dealing with the wreckage left behind because we are subsidising the cost of crime of all kinds. Cash attracts crime.

Policies 30

Policies Regulation Taxes US 30

Tomorrow's Transactions

APRIL 7, 2016

A fifth of the currency “in circulation” is in the form of £50 notes, which you never see in polite society. Why not make crime, terrorism, drug dealing, money laundering and bribing corrupt politicians marginally less convenient and marginally more expensive by getting rid of those high-value banknotes?

National 30

National Retail Security Cards 30

PYMNTS

MAY 15, 2017

Hers took a different angle: researching the extent to which drugs could pass through a mother’s placenta and potentially endanger the health of her unborn baby. Food and Drug Administration in 1960. The drug was thalidomide. That insight would serve her well when she left academia to join the small, fledgling U.S.

Bitcoin 155

Bitcoin Regulation Innovation Fintech 155

Tomorrow's Transactions

DECEMBER 12, 2014

From Cashless Society? Australia and New Zealand are both well on the way to becoming post-cash societies. We could and should be the first cashless society in the world. with the middle classes abandoning the stuff entirely except for tax evasion, drugs and prostitution. This may seem like a strangely small amount.

Cards 66

Cards Payments Taxes Retail 66

Independent Banker

JANUARY 26, 2016

“We’re hoping this initiative will assist inmates coming back into society and help them re-enter society at a successful level,” Olson says. These folks will be better prepared to contribute to society.”. Olson encourages other community banks to participate in similar efforts.

Pennsylvania 70

Pennsylvania Nevada Community Community Bank 70

CB Insights

FEBRUARY 19, 2019

Musk believes that proper regulatory oversight will be crucial to safeguarding humanity’s future as AI networks become increasingly sophisticated and are entrusted with mission-critical responsibilities: “Got to regulate AI/robotics like we do food, drugs, aircraft & cars. Public risks require public oversight.

Technology 78

Technology System National US 78

FICO

FEBRUARY 19, 2020

Criminals target those in society who are open to easy money and are perhaps a little naïve – students and school children as young as 11 have been particularly vulnerable. Unfortunately, people are tempted into this crime without realizing the implications - in some cases they don’t even realize it is a crime. Account Takeover Fraud.

Payments 92

Payments Fraud Examples System 92

PYMNTS

MAY 27, 2017

One Guardian reporter referred to it as “a drug addled gap year for history’s jammiest generation.”. What happened here 50 years ago transformed who we are as a society.”. We’re bringing back the color, the creativity, the consciousness.

San Francisco 116

San Francisco California Capital US 116

CB Insights

FEBRUARY 16, 2018

But society and industry can’t have this conversation without understanding the basics of CRISPR. All 3 of these companies IPO’ed in 2016 and are in the drug discovery/pre-clinical stage of testing their respective CRISPR therapeutic candidates for various human diseases. Timeline of drug development. Credit: PhRMA.

System 78

System Study Industry Tools 78

CB Insights

FEBRUARY 16, 2018

But society and industry can’t have this conversation without understanding the basics of CRISPR. All 3 of these companies IPO’ed in 2016 and are in the drug discovery/pre-clinical stage of testing their respective CRISPR therapeutic candidates for various human diseases. Timeline of drug development. Credit: PhRMA.

System 40

System Study Industry Tools 40

CB Insights

JULY 23, 2020

For example, in 2018, 23andMe entered a $300M deal to sell data to drug giant GlaxoSmithKline, while in 2019, MyHeritage experienced a data breach that exposed details from 92M+ accounts. Past incidents from biotech and genealogy companies have dampened public trust in the privacy of health data.

Meeting 101

Meeting Tools Survey Company 101

PYMNTS

OCTOBER 30, 2017

I don’t think the biggest use case for bitcoin so far is illicit drug trade. Fast forward, and it’s obvious how much the internet changed our society once all of us jumped into this walled garden. Look at what it did for drugs, alcohol, gold ownership, guns and abortion. Buckle up, you’re in for a ride.

Bitcoin 128

Bitcoin cryptocurrency blockchain US 128

Tomorrow's Transactions

APRIL 5, 2016

Jack Dorsey of Twitter and Square fame once tweeted that “In general, the shift toward a cashless society appears to improve economic welfare.” It showed that the costs to society of providing retail payments are substantial, amounting to almost 1% of GDP for the sample of participating EU countries.

Policies 30

Policies Retail Payments System 30

CB Insights

OCTOBER 31, 2017

Title: Heart Drug Safety Concerns Prompt Shutdown at Laguna Pharmaceuticals. Two months into its roughly 600-patient initial Phase 3 trial, called Restore SR, researchers started to see side effects that would not have enabled Laguna to market the drug as widely as they had initially anticipated, [Laguna CEO Bob] Baltera said.

Company 78

Company US San Francisco Capital 78

PYMNTS

JANUARY 7, 2017

Every year, between coverage of the art exhibits, public nudity, heroic drug abuse and conspicuous consumption of the most elite attendees, at least 30 think pieces are written about how Burning Man is the ideal vision of the Silicon Valley utopia — or the ultimate perversion of it. Then there are the stranger similarities. Silly, right?

US 103

US Payments Innovation Tools 103

PYMNTS

JANUARY 23, 2017

Vance’s elegy describes what it was like to grow up the child of a single mother with a drug problem (and multiple stepdads) in a blue-collar Rust Belt town that had lost its economic, social and moral compass over the years. He’s also started a public policy firm recently in Ohio so that he can be a hands-on part of the solution.

Innovation 100

Innovation Payments Taxes Policies 100