Exec Warns $9 Trln Trade Finance Industry Must Go Digital to Combat Fraud, Cites Blockchain

2019-5-6 15:43

A top executive at one of Asia’s biggest banks says the $9 trillion trade finance industry needs to go paperless to tackle fraud, citing blockchain-based examples

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Источник: cointelegraph.com

fraud finance → Результатов: 18

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2019-5-6 18:19	Legal & Regulation
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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works

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2019-3-20 18:42	Regulation
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Mass Adoption is Coming: The Biggest US Automaker Turns to Blockchain to Help Save Millions in Identity Theft

General Motors Financial has partnered with blockchain company Spring Labs to help reduce identity theft. It’s a move that could potentially save the car maker millions of dollars in fraud costs.

2019-2-15 10:04
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General Motors Financial Subsidiary Eyes Blockchain to Prevent Fraud

General Motors Financial Company (GM Financial), the financial services arm of the largest American automotive manufacturer, is exploring the use of blockchain technology to improve data management standards and help address critical auto finance industry issues like identity verification and synthetic identity fraud.

2019-2-12 22:30
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Gric Coin ICO

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FINRA Fines Morgan Stanley $5 Million for Sub-Standard Anti Money Laundering Practices

The American financial industry regulatory authority, FINRA, has fined wall Street bank Morgan Stanley for violating anti-money laundering (AML) rules over a period of five years, reported Finance Magnates on December 26, 2018.

2018-12-29 15:00	Regulations
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Finance Safety and Freedom: a Blockchain Supporting the Modern World

What are we afraid of today the most? Being lied to, mistreated, subjected to a fraud, not being able… The post Finance Safety and Freedom: a Blockchain Supporting the Modern World appeared first on Invest In Blockchain.

2018-12-4 13:04	Press Release
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This Year's G20 Put an Emphasis on Cryptocurrency Regulation

Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1.

2018-12-4 23:44	Regulation
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An American woman has been funding ISIS with Bitcoin

A Pakistani-American woman has confessed to using Bitcoin to launder dirty money to help finance terrorist organization ISIS, CNBC reports. Zoobia Shahnaz, a 27-year-old Long Island, New York resident, made the confession yesterday in front of New York state federal courts.

2018-11-27 13:12	hard fork
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Spanish Crypto Holders Under Scrutiny as Authorities Seek to Prevent Tax Fraud

The Spanish Ministry of Finance will inspect the holdings and operations of 15,000 taxpayers as part of its efforts to prevent tax evasion and fraud.

2018-11-22 22:11	News
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CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail

The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1. 1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim lost CT over $600,000 through stealing money to finance cryptocurrency trades gone wrong.

2018-11-12 14:00	litecoin
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Shanghai Police Question OKEx Founder Star Xu over Alleged Investment Fraud

The founder of cryptocurrency exchange OKEx has been taken into custody by Shanghai police officials after allegedly being involved in a fraudulent scheme regarding the WFEE Coin, Sina Finance reported on September 11, 2018.

2018-9-12 17:00
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Russian Ministry of Finance calls on crypto companies "not to launder money and not to deceive"

The main demand of the Russian financial authorities for cryptocurrency companies is compliance with money antilaundering rules and fundamental absence of fraud, said the deputy head of the Russian Ministry of Finance.

2018-9-7 20:52	News
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Future Analysts Will Be Tested on Cryptocurrencies in New CFA Curriculum

As the crypto market continues to meld into the realm of traditional finance, the Chartered Financial Analyst (CFA) Institute is taking notice — so much so that the organization is adding cryptocurrency and blockchain sections to its 2019 certification exams.

2018-7-16 20:42	Adoption & community
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“No Grounding In Reality”: BIS Report Tells A Strange Crypto Story

Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.

2018-6-20 22:29
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2019-5-6 15:43

fraud finance → Результатов: 18

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