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Equifax to pay $700m for breach that exposed 147 million Americans’ data

Almost two years after a major data breach hit Equifax, the company has finally agreed to a global settlement with the US Federal Trade Commission (FTC). As per the proposed terms of the deal, the consumer credit reporting agency will shell out as much as $700 million to settle with federal agencies and 50 US states and territories. дальше »

2019-7-23 09:37


Top South Korean Credit Card Company, Shinhan Card, Patents Its Blockchain Payments System

South Korea's most popular credit card firm, Shinhan Card based in Seoul has been granted a patent for its blockchain-based payments system. According to the report shared by the Korea Times, the firm using the newest patent technology has built the global’s first blockchain-powered credit card transformation process that enables settling spending limits, carrying out […] дальше »

2019-7-15 20:22


American Express’s Mention of XRP Causes A Ripple Boom But Is It Worthy or FOMO?

Ripple is already a platform with a substantial following, but today’s progress is much different. American Express is one of the most well-known and elite credit card companies in the world, and it seems that cryptocurrency investors took some words from an old blog to heart. The blog, which is not an official announcement and […] дальше »

2019-7-7 01:03


Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan

The deputy governor of the Bank of Japan, Masayoshi Amamiya, has warned that the creation of crypto by central banks could have a negative impact on economies, Reuters reports. According to Amamiya, Central Bank Digital Currencies (CBDCs) had the potential to take away the credit channels of commercial banks if they managed to replace private […] The post Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan appeared first on CCN Markets дальше »

2019-7-6 17:36


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This Bitcoin money-laundering cartel was operating from inside a Florida prison

Authorities in Florida have busted an elaborate operation which saw prison inmates use Bitcoin to launder thousands of dollars via their commissary accounts. An investigation by Pasco County Sherriff’s Deputies revealed how inmates at the county jail were having money deposited into their commissary accounts using stolen credit cards. дальше »

2019-7-4 15:46


Traxia ICO

Traxia (Binance Chain) aims to make trade finance more accessible to SMEs so they can finance day-to-day business activity. By building a decentralized exchange of debt securities (tokenized invoices, tokenized letters of credit, etc), Traxia is using technology and a set of new processes to enhance access of SMEs to institutional investors, improving visibility, reducing risks and lowering financing costs of discounting invoices for example. дальше »

2019-6-30 20:33


Bank of America Merrill Lynch Promoting Ripple’s Cross Border Solutions

A Slideshare by Bank of America Merrill Lynch (BAML) and uploaded by Swift, “SWIFT LARC 2019 – Innovation in Latin America_BAML” from May 2019 recently surfaced online. Per BAML’s GTS innovation program, the bank is involved in Participation Experimentation Consortium memberships, commercial letter of credit, and proof of concepts bank-to-bank, in the blockchain space. The […] дальше »

2019-6-30 16:52