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The United States May License Bitcoin and Cryptocurrency Exchanges

Bank Innovation

The Acting Comptroller of the Currency of the United States, Keith Noreika, has stated that he is considering imposing a nationwide licensing program for cryptocurrency exchanges, similar to the licensing program recently enacted in Japan.

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Lessons Learned From the Fourth United States Bank Failure of 2023

Perficient

Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. David Herndon, closed the Southwest Kansas bank after it became insolvent due to, as he stated, “a huge scam.”

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Getting real about real-time payments in the United States

Accenture: Banking

Working directly with our financial services clients on strategic, operational and technical issues, he is on the front lines of the evolution of real-time payments. The United States is an instant payments laggard compared to the rest of the world. I am pleased to collaborate with Conrad Sheehan in developing this blog.

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Russian Hack Used Servers Inside US, Cybersecurity Company Says

PYMNTS

The recently discovered cyber attack on federal government agencies and companies handling data as sensitive as information regarding new nuclear weapons was run from servers within the United States, The New York Times reports. It’s clear the United States government missed it. The size of it keeps expanding.

Company 319
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New EU Ruling on Data Transfer Has Privacy Implications

Perficient

The verge reports on a new ruling from the EU that will change how or even if personal data from Europe can enter the United States. In addition, GDPR mandates security of the data. Of course, any changes in the United States at the Federal level will start the process over again.

Data 309
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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471
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Wire fraud: What it is and how to prevent it

Abrigo

Key topics covered in this post: What wire fraud is 8 strategies for preventing wire fraud How to strengthen financial security Wire fraud: What it is and how to prevent it Wire fraud remains one of the most prevalent financial crimes, costing businesses and individuals billions each year. Staying on top of fraud is a full-time job.

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