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I didn’t leave my heart in San Francisco…

Celent Banking

Some of the quirks were allegedly to improve security, yet offered no perceivable additional security. When asked, the retailers I spoke to saw EMV as offering no better security and a worse customer experience. The first talked about the customer experience, and how varied it was.

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Ripple Lawsuit Alleges Fraud In XRP Sale

PYMNTS

A little-known Puerto Rican company, Bitcoin Manipulation Abatement (BMA), has filed a lawsuit against Ripple , accusing the blockchain firm of breaking rules when it ran a recent securities sale, CoinDesk reported. billion XRP sale with the relevant authorities.

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SEC: Some Crypto Coins Are Securities (Not Bitcoin)

PYMNTS

The Securities and Exchange Commission’s (SEC) leading authority on bitcoin, cryptocurrency and initial coin offerings (ICOs) has ruled that some well-known cryptocurrencies like bitcoin and Ethereum are not securities. As such, they can expect to come under the regulatory control of the SEC and relevant securities laws.

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Federal, State Investigators Question Wells Fargo Over PPP Loans

PYMNTS

The San Francisco-based bank started processing applications for PPP loans on April 4, a day after the program opened. The PPP loans were part of the government’s Coronavirus Aid, Relief, and Economic Security (CARES) Act. On Tuesday (May 5) analysts at UBS Securities dropped Wells Fargo’s rating and earnings forecast.

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Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

Security 189
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Uber Agrees To Pay $145M Fine To Settle Data Breach Lawsuit

PYMNTS

California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced on Wednesday (Sept. In a press release , the two AGs said the settlement also covers charges that Uber violated reasonable data security laws with its 2016 breach of driver and customer information.

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Blockchain Tracker: SEB’s New York Bridge To Stockholm, Credit Cards And Fraud Prevention

PYMNTS

The conduit between the two is San Francisco-based startup Ripple, which is known for enterprise cross-border applications. If this kind of channel can open up to and connect to other banks, the ‘handshake,’ so to speak, is built in, and as a consumer or business, I can transfer money much more quickly and securely,” said Gjerding.

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