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Former China Official Says Social Credit System Must Make People Bankrupt

Former China Official Says Social Credit System Must Make People Bankrupt
Former China Official Says Social Credit System Must Make People Bankrupt
May 21, 2018  |  Cross-border Payments

A former deputy director of China’s development research center of the State Council, Hou Yunchun, said the country’s social credit system has to punish defaulters....

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FCC Looks Into Reports Of Illegal Mobile Phone Tracking
FCC Looks Into Reports Of Illegal Mobile Phone Tracking
May 21, 2018  |  Cybersecurity

The Federal Communications Commission (FCC) announced late last week that it is investigating reports that websites may have enabled the location of mobile phone customers...

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Coinbase and ivyKoin Inquire About Banking Licenses
Coinbase and ivyKoin Inquire About Banking Licenses
May 21, 2018  |  Cryptocurrency

Coinbase, as well as one other cryptocurrency company, has held talks with regulators in the U.S. about securing a banking license. Get the Full Story...

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China Urged To Move Cautiously In Opening Financial Markets
China Urged To Move Cautiously In Opening Financial Markets
May 21, 2018  |  Cross-border Payments

Huang Yiping, a member of a member of the People’s Bank of China’s monetary policy committee, said over the weekend that while China’s financial services...

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Banks Take Military Approach To Cybersecurity
Banks Take Military Approach To Cybersecurity
May 21, 2018  |  Cybersecurity

In an effort to combat cyberattacks, banks are taking a military approach to their online security. Get the Full Story Complete the form to unlock...

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Mastercard Launches Accelerate To Help FinTechs Scale
Mastercard Launches Accelerate To Help FinTechs Scale
May 21, 2018  |  Mastercard

Mastercard announced on Monday (May 21) the creation of Accelerate, a new initiative to drive growth in the FinTech industry. Get the Full Story Complete...

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Trump Wants USPS To Double Rates For Amazon
Trump Wants USPS To Double Rates For Amazon
May 18, 2018  |  Amazon

Months after President Donald Trump tweeted criticisms of the U.S. Postal Service (USPS), news has surfaced that the president had personally asked U.S. Postmaster General...

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Tidal Looks Into ‘Potential Data Breach’
Tidal Looks Into ‘Potential Data Breach’
May 18, 2018  |  Cybersecurity

After learning of a potential data breach, Tidal’s CEO Richard Sanders said that the company “immediately” tried to find the source of the issue, and...

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