BIS

BIS To Open Four New Innovation Hubs Over Next Two Years
BIS To Open Four New Innovation Hubs Over Next Two Years
July 01, 2020  |  Banking

The Bank for International Settlements (BIS) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release....

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BIS: Wirecard Debacle Could Trigger Revamp Of Payment Regs
BIS: Wirecard Debacle Could Trigger Revamp Of Payment Regs
June 30, 2020  |  Security & Fraud

The stunning demise of Germany’s Wirecard AG could lead to a revamp of some of the rules governing the international payments sector, which has seen...

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Private/Public Partnerships Could Boost Central Bank Digital Currencies
Private/Public Partnerships Could Boost Central Bank Digital Currencies
May 27, 2020  |  Cryptocurrency

The movement toward digital currencies may be a bit of an arms race of sorts, for now. But the question arises: Once they’ve been created...

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Tailwinds Gather For Digital Dollars, Digital Bank Accounts (At The Fed)
Tailwinds Gather For Digital Dollars, Digital Bank Accounts (At The Fed)
April 14, 2020  |  Digital Payments

The stimulus checks — some of them, anyway — are coming, via direct deposit, to tens of millions of Americans’ bank accounts over the next...

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BIS Looks For ‘Prudential’ Crypto Rules
BIS Looks For ‘Prudential’ Crypto Rules
December 17, 2019  |  Bank Regulation

The Basel Committee has said in a paper that a “prudential” regulatory framework should be constructed by stakeholders in a bid to address concerns over...

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Avast Cybersecurity Firm Targeted By China Hack
Avast Cybersecurity Firm Targeted By China Hack
October 21, 2019  |  Security & Fraud

Czech cybersecurity company Avast was hacked by an outside actor suspected to have ties to China.  Reuters is reporting that both Czech counterintelligence service BIS...

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The Central Bank Conundrum On Cryptos
The Central Bank Conundrum On Cryptos
October 11, 2019  |  Cryptocurrency

For central banks, when it comes to cryptocurrencies, there’s no central theme. Whether the advent of digital coins signifies an existential threat to monetary policy...

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BIS: Big Banks Lower-Risk, More Resilient Than Pre-Crisis
BIS: Big Banks Lower-Risk, More Resilient Than Pre-Crisis
September 22, 2019  |  Economy

The Bank for International Settlements said the world’s biggest banks are actually more resilient and pose less of a risk to the economy than before...

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