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Bitcoin Daily: Luxembourg Passes Blockchain Bill; Overstock tZERO Volume Sluggish

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The company issued 26 million TZROP last August during its security token offering (STO). And Luxembourg has passed a bill to amend an existing securities law so that it includes blockchain. Luxembourg had already passed a bill to legally issue “dematerialized securities” in April 2013 through an amendment to a 2001 securities law.

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Banks Turn To 3D Secure 2.0 To Fight Fraud

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Recent reports indicate an uptick in fraudsters targeting large FIs, and headlines surrounding security breaches and cyberattacks fill the news on a near-daily basis. Visa and Mastercard designed the 3DS protocols and provide them under the names Verified by Visa and Mastercard Secure Code. The evolution of payment protection.

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Black Swans Are The Sandbox Of New Innovations

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At the time of the black swans in 2001 and 2008, it was hard to tell anything positive was coming out of them. The business model isn’t completely figured out, or the technology to support it isn’t there, or people aren’t ready socially. But when the dotcom bust happened in 2001, our innovations also died.

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PingPong To Enter Europe Via $113M Investment

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Earlier this year , Luxembourg passed a bill to amend an existing securities law so that it includes blockchain. According to CoinDesk , the country’s parliament passed Titled Bill 7363 to “provide greater certainty for investors and make the transfer of securities more efficient by reducing the number of intermediaries,” the chamber said.

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In Payments Security, Hunting For The Goldilocks Effect

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To put it another way, the theme of the fairy tale applies to the transactional world in which we live — getting it all just right and in balance, a crucial concept when it comes to the consumer experience and security in card-not-present (CNP) transactions. The key is to harness those mobile trends, Rendell said, offering up the 3D Secure 2.0

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Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding

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Know your customer (KYC) policies were introduced with the Patriot Act in 2001 following 9/11, intended to help stem the flow of funding to terrorists. Video-based KYC is an effective digital technology used increasingly to confirm customers? identities while also speeding and simplifying sign-up. million by 2025.

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Why Data Centers Will Be FIs' Dodo Bird In Five Years’ Time

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In an interview with Karen Webster, Vijay Oddiraju , founder and CEO of Volante , said that technological agility is critical to creating efficient (and fast) payment systems as FIs pivot to meet the expectations of consumers and enterprises. The modernization roadmap for FIs has changed since 2001, the year of Volante’s genesis.

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