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Startup Holds Equity Crowdsale For Banking License

Startup Holds Equity Crowdsale For Banking License
Startup Holds Equity Crowdsale For Banking License
June 25, 2018  |  Banking

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be holding an equity crowdsale to cover the costs of obtaining a...

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Trump To Block Chinese Tech Investments
Trump To Block Chinese Tech Investments
June 25, 2018  |  Cross-border Payments

The U.S. Treasury Department is reportedly gearing up to announce rules that would prevent companies with 25 percent or more Chinese ownership from purchasing a...

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‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services
‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services
June 25, 2018  |  Cross-border Payments

Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s economy. Get the...

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WhatsApp Payment Customers In India To Have 24-Hour Support
WhatsApp Payment Customers In India To Have 24-Hour Support
June 25, 2018  |  Payment Methods

WhatsApp, the Facebook-owned messenger app, is gearing up to roll out 24-hour customer support for customers who use its upcoming payment services in India. Get the...

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AliPay, GCash Launch Blockchain Cross-Border Remittance Service
AliPay, GCash Launch Blockchain Cross-Border Remittance Service
June 25, 2018  |  Cross-border Payments

AlipayHK and GCash announced Monday (June 25) the launch of a cross-border remittance service via their e-wallet platforms that is powered by blockchain technology developed...

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Ethereum Co-Founder Still Bullish On Crypto
Ethereum Co-Founder Still Bullish On Crypto
June 25, 2018  |  Bitcoin

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...

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38 Percent Of Local Governments Vulnerable To Cyberattacks
38 Percent Of Local Governments Vulnerable To Cyberattacks
June 25, 2018  |  Cybersecurity

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...

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FIs Facing $100B A Year In Cyberattack Losses
FIs Facing $100B A Year In Cyberattack Losses
June 25, 2018  |  Cybersecurity

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...

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