PYMNTS

SEPTEMBER 30, 2016

You don’t have to look far to see security flaws leading to massive data breaches. Security experts believe that may be what happened to Yahoo — the tech giant confirmed that over 500 million user accounts were compromised by hackers, marking what is said to be the largest data breach in U.S.

Securities 76

Securities Currencies Accounting Numbers 76

PYMNTS

OCTOBER 7, 2020

SWIFT’s [Society for Worldwide Interbank Financial Telecommunication] new service offers the possibility of borderless low-cost account-to-account currency transfers from the bank’s own app or portal, and Oracle Banking Payments’ readiness makes this transition easy and fast for SMEs.”. The subsidiary of Oracle Corp.

Currencies 145

Currencies Banking Accounting Securities 145

Barry Ritholtz

MARCH 10, 2025

Can you elaborate on how people misunderstand the very purpose of currency? Enormous round stones are their currency. Q :“ From commodity money like gold to fiat currency to digital transactions – how has the evolution of money’s form changed or reinforced our fundamental misconceptions about what it is?

Currencies 75

Currencies Investments Entertainment Budgeting 75

PYMNTS

JANUARY 10, 2020

China’s central bank, the People’s Bank of China (PBOC), said it has completed the “top-level” design of its proposed digital currency, according to reports. Mu Changchun, the head of the digital currency research institute at the PBOC, said the focus will be on “stability, security and control.”

Banking 102

Banking Currencies Construction Securities 102

PYMNTS

JULY 23, 2019

The social media giant is now compelled to address a growing number of fabricated exchanges associated with its digital asset, The Washington Post reported on Tuesday (July 23). It also introduces a new programming language, Move, designed to make it more efficient and secure.

Currencies 54

Currencies Communication Securities Numbers 54

PYMNTS

NOVEMBER 21, 2019

A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report by CNBC. The bill is called the “Managed Stablecoins are Securities Act of 2019” and was proposed by two members of the House Financial Services Committee, Reps.

Securities 58

Securities Currencies Numbers Marketing 58

PYMNTS

OCTOBER 31, 2016

The Office of the Comptroller of the Currency (OCC) disclosed it was hacked in September, reported The Wall Street Journal last week. 2015 when the ex-employee downloaded a large number of files onto two thumb drives. 2015 when the ex-employee downloaded a large number of files onto two thumb drives.

Currencies 74

Currencies Treasury Banking Numbers 74

PYMNTS

MARCH 1, 2019

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.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”. dollars and Ukrainian hryvnias.

Foreign Exchange 84

Foreign Exchange Currencies Securities Numbers 84

Future CFO

MARCH 5, 2025

When 2024 ended, its trends and themes for the Finance function certainly did not ceaseas digital transformation , ESG, and cyber security costs continue to dominate the stage for chief financial officers to watch. As for their methods, Law explains that effective upskilling goes far beyond the traditional classroom setting.

Finance 91

Finance Problem Solving Communication Technology 91

PYMNTS

NOVEMBER 21, 2019

A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report by CNBC. The bill is called the “Managed Stablecoins are Securities Act of 2019” and was proposed by two members of the House Financial Services Committee, Reps.

Securities 54

Securities Currencies Numbers Marketing 54

PYMNTS

JULY 10, 2020

Stablecoins, the virtual currencies which seek price stability, could be the next target for money laundering and terrorist financing, a report found. Today, there are a number of stablecoins including Tether, USD Coin and Paxos, as well as Facebook’s Libra and Gram that have been proposed.

Currencies 56

Currencies Benchmarking Finance Economics 56

PYMNTS

JULY 21, 2020

Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today. Or at least they didn’t until now.

Sales 127

Sales Currencies B2B Communication 127

PYMNTS

JUNE 18, 2019

Fully private, controlled, centralized, verified and authorized by a small number of permissioned nodes. In other news, malicious apps have managed to get around Google ’s security-enhancing measures, accessing one-time passwords (OTPs) and SMS-based two-factor authentication (2FA), as well as some email-based 2FA systems.

Currencies 53

Currencies Banking Numbers Technology 53

PYMNTS

NOVEMBER 1, 2020

were exploring ways to adopt crypto after the Office of the Comptroller of the Currency (OCC) made a decision over the summer letting banks provide custody of crypto. Crypto trading platform INX is moving ahead with its acquisition of digital securities trading firm Openfinance , a company blog post states. Well, what I have heard.a

Banking 84

Banking Currencies Securities Numbers 84

PYMNTS

NOVEMBER 19, 2020

Bank of England Chief Economist Andy Haldane advocated for the potential benefits digital currencies can offer in a recent speech given at TheCityUK 10th Anniversary Conference on Wednesday (Nov. The future of digital currencies, Haldane said, is uncertain and most likely varied. So far, that has not been the case.”.

Currencies 89

Currencies Economics Banking Securities 89

Musings on Markets

JANUARY 27, 2021

In this post, I will take a look at these other markets, starting with a way of dividing investments into assets, commodities, currencies and collectibles that I find useful in thinking about what I can (and cannot) do in those markets, and then reviewing how these markets performed during 2020. Currencies : A currency serves three functions.

Currencies 52

Currencies Investments Marketing Treasury 52

PYMNTS

SEPTEMBER 21, 2020

The rise of eCommerce can give merchants information ahead of transactions, which can be used to route those transactions with speed and security. That seamless interaction is built with APIs , where updates to payment offerings, security protocols and currencies become almost automatic.

eCommerce 124

eCommerce Currencies Securities Accounting 124

CFO News Room

FEBRUARY 2, 2022

Going forward, the network of participants and the number of use cases could continue to see rapid growth, giving cryptocurrencies in this category plenty of further upside. In 2021, there were a number of digital asset company IPOs, led by Coinbase , the largest listing (IPO, SPAC, or otherwise) of any digital asset company in history.

Concentration 130

Concentration Investments Securities Currencies 130

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Everything happens in an extremely secure environment,” she said.

B2B 98

B2B Currencies eCommerce Compliance 98

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept. What’s Next.

Currencies 107

Currencies Banking Education Technology 107

PYMNTS

JULY 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. Benjamin Diokno , governor of the bank, said he doesn’t personally think the digital coins pose a threat to other types of currency.

Banking 66

Banking Securities Currencies eCommerce 66

PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange.

Currencies 40

Currencies Banking Economics Technology 40

PYMNTS

JANUARY 26, 2021

At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow. Wider adoption will be driven, in part, by regulatory frameworks that enhance security and foster trust in using cryptos in everyday commerce.

Currencies 102

Currencies Healthcare Numbers Retail 102

PYMNTS

JULY 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. Benjamin Diokno , governor of the bank, said he doesn’t personally think the digital coins pose a threat to other types of currency.

Banking 58

Banking Securities Currencies eCommerce 58

PYMNTS

APRIL 17, 2020

Smooth accounts payable (AP) processes are critical in the spice business, in which purveyors must send funds securely to vast numbers of distributors and growers worldwide. Suppliers often feel that such transactions are secure and enable them to avoid the processing fees involved in accepting credit cards. Savoring Safety.

Accounts Payable 60

Accounts Payable Securities Accounting Invoicing 60

PYMNTS

MAY 3, 2018

The headline numbers showed earnings of $1.50 The net revenue number of $3.6 billion, up 31 percent year on year and 27 percent in constant currency terms, was better than the $3.3 Within that number, credit was up 9 percent, and debit 12 percent. a share on an adjusted basis, easily outpacing the Street at $1.24.

Currencies 48

Currencies Numbers CFO Retail 48

PYMNTS

MARCH 22, 2019

By using First Data’s global technology platform, InstaReM can issue cards for a number of use cases, such as travel and expense programs with set limitations, vendor or supplier payments, payroll for employees and more.

Currencies 83

Currencies Startups Securities Banking 83

PYMNTS

NOVEMBER 3, 2016

Zcash is a new digital currency that is taking the world by storm, rendering bitcoin to the sidelines. It has already secured $3 million in backing from a number of Silicon Valley venture capitalists who are involved in the virtual currency industry. Zcash is a product designed by academics to be all but untraceable.

Currencies 74

Currencies Banking Securities Numbers 74

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. In other news, the government of Iran is aiming to limit digital currency exchanges with so-called “currency smuggling” regulations, CoinDesk reported.

Foreign Exchange 59

Foreign Exchange Currencies Securities Numbers 59

PYMNTS

OCTOBER 8, 2018

In Venezuela, citizens reportedly now need to use the country’s new Petro digital currency to pay for passports, Coindesk reported. A new passport will now come at the cost of two Petros, which is equivalent to 7,200 of the country’s bolivar currency. telephone number management.”

Currencies 70

Currencies Securities Startups Planning 70

PYMNTS

JUNE 19, 2020

At a high level, allowing disparate and far-flung customers to interact with ease and pay one another across different types of devices, wallets and currencies means that commerce gets a bit more fluid. The operative model here is the platform, where a universal payment ID would ostensibly make sending money as easy as sending emails.

Currencies 106

Currencies Banking Accounting Securities 106

PYMNTS

OCTOBER 19, 2018

Internet hackers have pilfered $882 million of digital currency from crypto exchanges since last year, but one group in particular has netted roughly half that amount: Group-IB noted in a report that a North Korean hacking group, Lazarus, has taken $571 million through an analysis of 14 different attacks, The Next Web reported.

Currencies 79

Currencies Banking Securities Numbers 79

PYMNTS

DECEMBER 3, 2020

In addition, there will be an internal review and additional rigor placed around data security and training.”. The bill also leaves open the possibility to not count virtual assets as a legal currency. In other news, Bitcoin hit a new record of active entities — or wallet clusters run by one user — on Tuesday (Dec.

Numbers 56

Numbers Auditing Currencies Marketing 56

PYMNTS

JANUARY 21, 2021

Creating the Payment Tracker involved reconciling the SWIFT iBanFirst payment statuses, along with providing secure access to the information outside the platform, according to the release. While it was initially developed for foreign currency payments, it can also work with eurozone (SEPA) transfers, the release stated.

B2B 87

B2B Invoicing Manufacturing Currencies 87

PYMNTS

OCTOBER 23, 2020

We have clearly stated that banknotes and digital currency will coexist,” Kamiyama said, noting that cryptocurrency won’t “be useful to deepen negative rates” as banknotes will exist. However, he stressed he felt believed it was “very important” that the BOJ keep scrutinizing the feasibility of circulating CBDC.

Banking 69

Banking Currencies Securities Numbers 69

PYMNTS

SEPTEMBER 18, 2018

About a decade later, the company went global and devised a number of technology innovations to support its growing size and scale, including the first electronic tech that streamlined authorization, clearing and settlement for the banks that were part of its network. The startup was Visa , of course. Today, Visa counts 3.3

Startups 103

Startups Currencies Banking B2B 103