British Digital Bank Monzo Making Plans For US Launch
Fast-growing British digital bank Monzo has announced that it has plans to launch in the United States, a source familiar with the matter told Reuters. The bank did not immediately respond to a request...
View ArticleFacebook Gets Called Before Senate Over Digital Currency
Facebook Inc’s decision to develop a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary...
View ArticleFacebook Creates New Product Experimentation Team, New Apps Are Coming
New Facebook apps appear to be in the making. The social media giant announced that it has created a team, known as New Product Experimentation, to design, build and launch apps that give people...
View ArticleFederal Reserve Chairman Says Facebook Should Halt It’s Libra Currency...
U.S. Federal Reserve Chairman Jerome Powell has said that Facebook’s plan to create a digital currency called Libra “cannot go forward” until serious concerns are addressed, comments that pressured the...
View ArticleWill GitHub Be Held Liable For The Capital One Breach
A GitHub spokesperson told Business Insider that the information posted on GitHub didn't contain any bank account details, SSNs, or any other reportedly stolen personal information.
View ArticleGitHub Embraces Web Authorization
In any case, it's a good thing that GitHub is looking at this. As a repository of code, it's a tempting target for cybercriminals who could slip all manner of nasties into application libraries used by...
View ArticleFacebook’s Libra Cryptocurrency Faces An Uncertain Future
The coalition Facebook put together to create a global payments network may be losing some key financial support. Visa, Mastercard and other financial partners who signed on to support Libra are...
View ArticleEU Pledges To Regulate Digital Currencies
The European Union’s finance commissioner pledged to propose new measures to regulate virtual currencies, in a reaction to Facebook’s plans to introduce Libra, which the EU considers a risk to...
View ArticleFacebook’s Libra Pledges To Move Forward, Despite Shrinking Support
Backers of Facebook Inc’s Libra cryptocurrency project pledged to press ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking...
View ArticleCan ‘Stablecoins’ Be The Answer To Inherent Issues With Cryptocurrencies?
The spread of cryptocurrencies such as Facebook’s Libra could have serious impacts on worldwide efforts to detect and stamp out money laundering and terror financing, a global watchdog on illicit...
View ArticleGoogle Is Rumored To Begin Offering Banking In 2020
Alphabet Inc’s Google has made plans to begin offering personal checking accounts starting some time next year in partnership with Citigroup Inc and a small credit union at Stanford University, a...
View ArticleGoogle’s Parent Company, Alphabet Crossed The $1 Trillion Dollar Mark
As Google-parent Alphabet Inc became only the fourth company to top a market value of more than $1 trillion, some funds holding its shares are considering if now is the time to dump the stock. Shares...
View ArticleIBM Jumps In Argument Mining
To train the AI, lead researcher Noam Slonim and his colleagues at IBM Research in Haifa, Israel, drew on 400 million documents taken from the LexisNexis database of newspaper and journal articles.
View ArticleJapanese Lawmakers Exploring Issuing A Digital Currency
A group of ruling party lawmakers are putting together a proposal for Japan to issue its own digital currency, one of the members said, in a sign of alarm Tokyo is feeling about Facebook’s Libra and...
View ArticleIs Trend Micro Building Fake Factories
Young warned owners of small smart factories against the dangers of thinking that their company's size makes them somehow immune to the threat of cyber-attack.
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