security and fraud

Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
December 17, 2019  |  B2B Payments

An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The targets are procurement websites...

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Money Laundering Fears Propel Japanese Banks To JPMorgan’s Payments Network
Money Laundering Fears Propel Japanese Banks To JPMorgan’s Payments Network
December 10, 2019  |  International

Japan is looking to JPMorgan Chase & Co.’s blockchain-based information network for payments, Bloomberg reported on Monday (Dec. 9). A country long blamed for weak...

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Central Bank Of Sri Lanka Looks To Build KYC System On Blockchain Tech
Central Bank Of Sri Lanka Looks To Build KYC System On Blockchain Tech
December 02, 2019  |  Blockchain

The Central Bank of Sri Lanka has a call out for tech companies that can help it develop a blockchain-based know-your-customer (KYC) platform. The bank...

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Facebook Tackles Antitrust Issues With Data Portability Tool
Facebook Tackles Antitrust Issues With Data Portability Tool
December 02, 2019  |  Facebook

Facebook is launching a new tool that allows users to transfer their photos and videos to other services, CNBC reported on Monday (Dec. 2). The...

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SEB Says No Action Needed On Flagged Bank Accounts
SEB Says No Action Needed On Flagged Bank Accounts
November 28, 2019  |  AML

SEB believes there is no need to take further action after the bank was accused of having links to suspected money laundering in Estonia. Earlier...

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Police Raid Prompts Pope To Appoint New Vatican Financial Head
Police Raid Prompts Pope To Appoint New Vatican Financial Head
November 27, 2019  |  Security & Fraud

On the heels of a Vatican banking scandal and subsequent police raid, Pope Francis appointed senior Bank of Italy official Carmelo Barbagallo, 63, to head...

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Apple CEO: Privacy Must Be First, Not Added Later
Apple CEO: Privacy Must Be First, Not Added Later
November 20, 2019  |  Apple

Apple CEO Tim Cook said that privacy is something that needs to be a factor throughout a product’s entire development process. “You don’t bolt-on privacy,”...

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Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch
Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies...
November 15, 2019  |  Bitcoin

German cryptocurrency company Karatbars has been ordered to stop doing business after being accused of running a pyramid scheme. Founded in 2011 by Harald Seiz,...

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Visa: Using AI To Separate The Good, Bad — Across Billions Of Daily Security Events
Visa: Using AI To Separate The Good, Bad — Across Billions Of Daily Security Events
November 14, 2019  |  VISA

Three billion credit and debit cards. More than 100 billion transactions, worth more than $11 trillion. That’s the payments volume running over Visa’s global network, a...

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