New research shows that 38 percent of public-sector entities will suffer a ransomware attack this year, up from 31 percent last year and 13 percent in 2016. A report in The Wall Street Journal revealed that cyberattacks on municipal systems across the U.S. appear to be rising...
As many are looking at the red flags involved with investing in cryptocurrency, Ethereum Co-founder Charles Hoskinson isn’t worried. In fact, he believes the “future is bright.” According to Cryptovest, Hoskinson wrote on Twitter on June 21, “What’s often missed by the cryptocurrency is going to...
The impact from a cyberattack on financial institutions (FIs) could reach as high as a few hundred billion dollars annually, chipping away at profits and threatening the stability of financial firms, the International Monetary Fund (IMF) warned in a new report. According to an IMF...
YouTube is letting video uploaders make more money if they have more than 100,000 followers. According to a report in Reuters, YouTube is letting uploaders with greater than 100,000 followers launch paid fan clubs as part of an effort to diversify its revenue. According to...
From music royalties to airline vouchers, there are many reasons organizations may need to push payments to individuals in various amounts, currencies, forms and frequencies, including real time. For instance, say that a flight has been delayed and all its passengers will need accommodations for...
Can RegTech create strategic advantage? Can it allow firms to (gulp!) take on more risk? Marry tech and talent, says Crowe Horwath Principal Clayton Mitchell, and the limits can be lifted on regTech’s potential.
National Selfie Day has passed into the history books once again. For those us who need a few days to let go of important holidays — warm emotions can take time to fade — perhaps a trip down memory lane will prove helpful, along with a...
With Japan’s Financial Services Agency (FSA) bringing business improvement orders against multiple exchanges, some crypto exchanges are limiting their operations: At least one exchange said it would stop taking on new clients and review some of its existing clients, Seeking Alpha reported. BitFlyer, for example,...
The U.S. Treasury Department is poised to release a report over the next few weeks that will give some recommendations on regulating financial services, with a nod to the advantages of FinTech efforts and sandboxes that encourage innovation. Reuters reported Friday (June 22) that the...
