Bank Innovation

OCTOBER 16, 2017

Russian Minister of Communications and Mass Communications Nikolai Nikiforov has announced that the Russian state will “quickly” issue its own cryptocurrency, called the “CryptoRuble,” as reported by the Russian publication AIF.

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Bank Innovation

SEPTEMBER 25, 2017

Even after shutting down dozens of bitcoin exchanges and banning bitcoin executives from leaving its borders, the“mouthpiece” for the People’s Bank of China, Financial News, published an article declaring that Beijing should “accelerate the process of launching a digital currency after it curbed the risks of [en]cryptocurrencies.”

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PYMNTS

JANUARY 26, 2021

But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. They may have their own cryptocurrency, they may have their own solution, be it healthcare, rewards or rebates, or other opportunities. They may or may not have had an online presence. Bitcoin gets all the headlines.

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Bank Innovation

NOVEMBER 3, 2017

Amazon Technologies, a subsidiary of e-commerce giant Amazon, has acquired three domain names relating to cryptocurrency: “amazoncryptocurrency.com,” “amazoncryptocurrencies.com,” and “amazonethereum.com.” Exactly why Amazon decided to register all three of these domain names, no one really knows.

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Bank Innovation

APRIL 24, 2018

EXCLUSIVE— Cryptocurrencies are experiencing one of their highest points in recent weeks, after remarks made by former financial regulator Gary Gensler brought back concerns that certain tokens should really be considered securities.

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PYMNTS

AUGUST 5, 2020

5) was its prowess in cryptocurrency. Cash App users can purchase and sell bitcoin; they can also make cryptocurrency transfers to other wallets. Square has been a supporter of cryptocurrency, which generated $65.5 The revenue and profit from cryptocurrency did not count toward the company’s earnings, which showed $1.92

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Bank Innovation

FEBRUARY 23, 2018

EXCLUSIVE – Wells Fargo will not be joining some of the other big banks in banning its customers from purchasing cryptocurrency with their credit/debit cards, Bank Innovation has learned.

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Bank Innovation

OCTOBER 18, 2017

The Russian government is poised to launch the world’s first national cryptocurrency, the CryptoRuble, in the next few weeks, after which it will likely ban all other cryptocurrencies, effectively establishing a state monopoly over the Russian cryptocurrency market.

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Bank Innovation

NOVEMBER 21, 2017

Cryptocurrency startup Tether has flagged some of its tokens after announcing that hackers have snatched $31 million-worth of tokens from its “treasury wallet,” the company said today. Tether, which converts fiat currency to tokens for cryptocurrency exchanges, posted a critical announcement […].

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Payments Dive

APRIL 8, 2022

billion acquisition of cryptocurrency payments firm Wyre, Bolt aims to bring crypto front and center within its online checkout capabilities and digital wallet. With the $1.5 Crypto "will be a major part of Bolt’s strategy going forward," said CEO Maju Kuruvilla.

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Bank Innovation

JUNE 5, 2017

ICOs, price changes, and new networks: keepin’ up with cryptocurrencies has gotten a lot more exciting in recent weeks.

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Abrigo

JANUARY 31, 2025

Protect banking clients by knowing crypto trends and red flags The turbulent cryptocurrency scene should put bankers on high alert. You might also like this whitepaper, "Understanding cryptocurrency." Offering many opportunities for investors, cryptocurrency is also a playground for scammers. billion in 2020.

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Bank Innovation

APRIL 26, 2018

EXCLUSIVE – Payments company PayPal might not see immediate value in cryptocurrency, but it's continuing to see more value in its P2P payments service Venmo, according to the company's Q1 earnings call yesterday.

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PYMNTS

JUNE 25, 2020

In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. New York To Ease Cryptocurrency Regulations. The New York State Department of Financial Services (DFS) has proposed a conditional licensing framework that promises to make it easier for cryptocurrency startups.

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PYMNTS

OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address problems.

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Bank Innovation

NOVEMBER 22, 2017

EXCLUSIVE–With global payments service SWIFT gpi (global payments innovation) finishing up its first active year, how is SWIFT planning to push the service forward in 2018?

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PYMNTS

NOVEMBER 19, 2020

Meanwhile, online gamblers are taking advantage of bitcoin’s surging prices to cash out their winnings in cryptocurrency, Bloomberg reported. By examining past email exchanges, Freeman would identify cryptocurrencies in the victims’ possession. Freeman allegedly worked with five co-conspirators.

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Perficient

NOVEMBER 8, 2021

BB : In 1992, I discovered these online bulletin boards, where you could communicate with people all around the world. MM: So, you started at City National Bank, and was the bank online before you got there? What does the future hold for cryptocurrency? Cryptocurrencies will play a major role in this. BB: 19 years.

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PYMNTS

JUNE 8, 2020

He made those remarks at an online panel discussing the future of the world beyond the coronavirus pandemic, saying that new digital forms of currency may be able to sidestep the long-held throne of traditional cash and card payments. One way Buonomo could see it being done is if a new cryptocurrency were created and issued by a central bank.

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PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. The European Union has become the latest jurisdiction to pave the way for cryptocurrency adoption. During the lockdown, many people shifted to accessing banking and other financial services online.

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Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets – Perficient Blogs.

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PYMNTS

DECEMBER 16, 2020

CNBC reported that the surge was fueled by cryptocurrency fans along with a big boost from big-name investors such as Paul Tudor Jones and Stanley Druckenmiller. Cryptocurrency fans, however, argue that now is different — with big investors piling in — as opposed to the retail frenzy of 2017. The price of a bitcoin traded higher by 5.6

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Bank Innovation

JUNE 7, 2017

Bitcoin’s price continues to rise, and it’s starting to make the cryptocurrency world a little nervous. These past few months have seen the crypto’s price rise nearly 12% YoY, according to data collected by Coindesk, which has in turn swept up the price of other cryptocurrencies like ether and Ripple’s XRP.

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PYMNTS

OCTOBER 21, 2020

PayPal has announced that it is jumping into the wild world of cryptocurrency , making it possible for wallet holders to buy, sell and hold cryptocurrencies like bitcoin, ethereum, bitcoin cash and litecoin in their PayPal accounts. Visa was once hesitant when it came to crypto — and held off before offering its full blessing.

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Bank Innovation

FEBRUARY 1, 2018

EXCLUSIVE – Payments might not be a substantial portion of social media platform Facebook’s revenues, but it is an important one — particularly as non-payment companies increasingly begin to launch payment capabilities for social media platforms such as Messenger.

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Bank Innovation

NOVEMBER 7, 2017

EXCLUSIVE- With mobile banking, artificial intelligence, cryptocurrency, and other modern banking tools on the rise, the emergence of new players in the fintech space is a daily occurrence With that in mind, here are five startups to keep an eye on this week: Templum ICOs, or Initial Coin Offerings, are growing more and more popular […].

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PYMNTS

OCTOBER 7, 2020

if the country's cryptocurrency regulations aren't changed. He called the country's stance toward cryptocurrency hostile at the LA Blockchain Summit on Tuesday (Oct. Report: Dosh CEO On Giving Online Shoppers Safety And Speed At Sign-Up. Today’s online consumers don’t expect to have to choose between speed and security.

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Bank Innovation

DECEMBER 19, 2017

Aside from the important events like record-level funding for fintechs across the globe, cryptocurrency mania, Coinbase entering the Unicorn club at a $1.56B valuation in the last quarter, there have been some […].

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Abrigo

MARCH 15, 2022

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

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Bank Innovation

APRIL 28, 2017

The cryptocurrency hit a new all-time high yesterday, rising to about $1,343, while its younger cousin ether–the currency traded on Ethereum–also logged a new record when prices rocketed over $60. Bitcoin has, once again, smashed a record.

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Bank Innovation

AUGUST 4, 2017

With the recent arrival of new cryptocurrency Bitcoin Cash, which has split off from the bitcoin blockchain and is currently […]. Banks are paying attention to digital tokens along with the rest of the financial world, but some tokens might be more important to banks than others. But coins and forks rule the news these days.

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Abrigo

DECEMBER 10, 2024

Romance scams: These scams involve fraudsters building online relationships with elderly victims, often through social media or dating apps. This newer form of cryptocurrency fraud targets older adults by luring them into fake investment schemes, sometimes taking months to coerce as much money from the victim as possible.

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Bank Innovation

MARCH 5, 2018

EXCLUSIVE–Top cryptocurrency exchange Coinbase just got more competition. One of those startups, Hoard Invest, a current member of INV Fintech’s Class 4, will launch its beta product, a cryptocurrency exchange platform, in April of this year. Several startups are launching marketplaces to rival the crypto giant in the next year.

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Bank Innovation

SEPTEMBER 27, 2017

Fintechs are partnering with banks, banks are using blockchain technology, artificial intelligence, and cryptocurrency and financial regulation is still undergoing massive changes. 2017 has been a […].

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Bank Innovation

JUNE 22, 2017

The volatility of the cryptocurrency bitcoin is well-documented, but its cousin ether—the currency traded on the Ethereum blockchain(s)—is considered to be somewhat steadier.

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Bank Innovation

JUNE 6, 2017

The cryptocurrency-slash-enterprise […]. The top rival of “digital gold,” i.e. bitcoin, had a banner first quarter in 2017, with a $3.6 billion increase in market cap (just under a 500% increase, compared to bitcoin’s 11% increase for the quarter), according to data from Coindesk’s State of Blockchain report for 1Q17.

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Perficient

JANUARY 27, 2022

The American public has long held and transferred money in digital forms, including bank accounts, online transactions, or payment apps (i.e., While cryptocurrencies have been widely invested in as a commodity equivalent, none have been widely adopted as a means of payment. Venmo and Paypal).

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