August 21, 2023
Mastercard Adds Fluency to Its CBDC Partners

Mastercard has chosen tokenized assets solutions company company Fluency to help it speak the language of CBDCs. The collaboration, announced Friday (Aug. 18), is designed to capitalize on rising interest...

August 20, 2023
Report: Tesla Data Breach Was an Inside Job

A data breach at Tesla in May was apparently the work of insiders. That’s according to a notice from the Maine attorney general issued Friday (Aug. 18), which said the...

August 20, 2023
New York City Bans TikTok on Government Devices Citing Security...

In a significant move, New York City has officially prohibited the use of TikTok on government-owned devices, citing concerns regarding security. This decision aligns the city with several other municipalities...

August 19, 2023
30% of Consumers Swap Instant for Slower Payments to Avoid...

Buoyed by growing consumer preference for faster payments, instant disbursements have gained popularity in recent years. The recent launch of the FedNow instant payments system has further underscoring that demand. ...

August 18, 2023
Crypto Market Exactly Protocol Targeted in $12 Million Hack

Crypto lender Exactly Protocol has suffered a hack, reportedly resulting in the loss of as much as $12 million. The decentralized credit market, which operates on the Optimism network, was targeted by...

August 18, 2023
Crypto Wallet Connected to Heist Has Collateral Liquidated

A cryptocurrency wallet connected to a heist of nearly $600 million worth of Binance Coin (BNB) in October reportedly had digital asset collateral totaling $63 million liquidated on crypto lending...

August 18, 2023
Surge in Remittances Provides Cover for Drug Cartels’ Money Laundering

Drug cartels are reportedly disguising their ill-gotten gains as routine money transfers by using remittances. A surge in legitimate remittances from migrant workers has inadvertently made it easier for drug cartels to...

August 18, 2023
Consumers Love Mobile Wallet Bill Pay but Extra Fees May...

Half of consumers won’t pay bills with mobile wallets if they must pay extra. Mobile wallet use for bill pay is growing across age demographics, with consumers preferring the speed and...

August 17, 2023
States on the AI Beat: New Task Force Aims to...

The digital age is reshaping behavioral norms and business opportunities.  The 21st century commercialization of innovations like blockchain-based cryptocurrencies and generative artificial intelligence (AI) have created entirely new industries that...