PYMNTS

APRIL 12, 2020

The government allotted $350 billion for that purpose as part of the recent $2 trillion federal CARES Act passed in March. The digital payments platform will now be able to give loans to SMBs that apply for loans under the Small Business Association’s (SBA’s) Paycheck Protection Program (PPP).

PayPal 107

PayPal Process Non-Bank Shutdown 107

PYMNTS

MAY 22, 2017

Over the last few years, the federal government has spent $1 billion a year to pay debt collectors to help struggling borrowers out of their student loan debt and find money to make regular monthly payments. Based on new government data, however, the efforts may have been a waste of cash.

Government 40

Government Governance CFPB Fed 40

The Finance Weekly

MARCH 28, 2022

In the last 12 months, there has been a growing buzz in the market about environmental, social, and governance (ESG) reporting. Because as this type of reporting transitions from voluntary to mandatory it will require the same level of governance, control, accuracy, and auditability as financial reporting.

Finance 130

Finance Audit On-Demand Governance 130

PYMNTS

APRIL 12, 2020

The government allotted $350 million for that purpose as part of the recent $2 trillion federal CARES Act passed in March. The digital payments platform will now be able to give loans to SMBs that apply for loans under the Small Business Association’s (SBA’s) Paycheck Protection Program (PPP).

PayPal 98

PayPal Non-Bank Shutdown Small Business 98

PYMNTS

OCTOBER 22, 2018

The Centers for Medicare and Medicaid Services announced Friday (October 19) that a government portal that insurance agents and brokers use to help customers sign up for healthcare was hacked, with the bad guys getting off with the personal data of 75,000 people.

Enrollments 72

Enrollments Law Enforcement Breach Data Breach 72

PYMNTS

JANUARY 9, 2019

The government shutdown could force companies planning to go public in the early part of 2019 to postpone their IPOs. During past shutdowns (1995, 1996 and 2013), the agency was able to use surplus cash to stay open, but it doesn’t have enough funds this time around. markets each year during the first quarter.

Shutdown 67

Shutdown Federal Trade Commission Small Business Governance 67

PYMNTS

DECEMBER 9, 2016

According to a report by Forbes , the ransom was only $1,400, but the fact that a government agency paid a ransom and used bitcoin is something not seen before. taxpayers who engaged in virtual currency transactions using the Coinbase platform from 2013 to 2015.

Bitcoin 80

Bitcoin IRS Audit Rules 80

Fintech News

SEPTEMBER 9, 2024

In the Asia Pacific region, governments are at varying stages of maturity when it comes to digital identity. Some of the current features of the Singpass include single-tap access to commonly-used government digital services such as checking one’s CPF balance, applying for an HDB flat, and performing online banking transactions.

Deepfake 126

Deepfake PCI DSS Verification Financial Inclusion 126

PYMNTS

DECEMBER 10, 2020

Government regulators and cryptocurrency exchanges are frantically looking for ways to regulate and prevent the laundering of stolen money through cryptocurrencies, with some methods showing more promise than others. The same year saw $2.8 billion in laundered money flow through cryptocurrency exchanges, up from $1 billion in 2018.

AML 88

AML Cryptocurrency Money Laundering Compliance 88

PYMNTS

NOVEMBER 12, 2018

In a statement on HealthCare.gov, the government agency said the breach allowed “inappropriate access to the personal information of approximately 75,000 people who are listed on Marketplace applications.” However, since this breach involves sensitive personal information, including partial SSN, there could be a risk of identity theft.”

Identity Theft 71

Identity Theft Consumer Data Breach Breach 71

PYMNTS

DECEMBER 20, 2018

Goldman Sachs reportedly considered going into business with Huawei in 2013, but decided against it because of negative feedback from the U.S. Huawei was founded in 1987 and was once viewed as a golden goose for Western banks trying to expand their influence in China, because of the company’s perceived connections with the Chinese government.

Continuity 66

Continuity Treasury Governance Government 66

Fintech Finance

AUGUST 21, 2024

Since joining Mastercard in 2013, she has partnered with governments and corporations to spearhead the adoption of B2B platforms, enhancing the efficiency and transparency of cross-border trade in Asia Pacific.

Visa 98

Visa Cross-Border Economy Financial Inclusion 98

PYMNTS

DECEMBER 30, 2020

The government alleged in the complaint that Ripple Labs and some executive raised $1.3 billion illegally since 2013 by calling XRP a commodity when in reality it was more like a security, according to a press release. Sandoval's arguments closely track those contained in a civil suit the SEC filed Dec. 22 against Ripple Labs.

Issuers 64

Issuers Cryptocurrency Laws Legal 64

PYMNTS

SEPTEMBER 9, 2019

In response, however, cybersecurity companies, businesses, and government officials are similarly exploring new strategies to combat this threat. Other tactics include strategic investment in cybersecurity, government-led initiatives, and technological innovation — all in an effort to stay ahead of bad actors.

Cybersecurity 72

Cybersecurity Email Compromise Deepfake Crime 72

PYMNTS

FEBRUARY 27, 2019

Digitizing government services . Residents can use these IDs to conduct different types of government business, including filing taxes or accessing pensions. . The country’s Department of Home Affairs (DHA) launched a national identity card in 2013 that includes fingerprint authentication on top of a standard PIN.

Governance 63

Governance Government Authentication Database 63

The Fintech Times

JANUARY 7, 2025

From 2013 to 2023, the Philippines digital lending market has been growing at an average of 28 per cent (or $68million) per year. According to Digido, should dynamics improve or maintain, the total number of downloads for both non-bank digital lenders and digital banks may have reached approximately 73.5 million in 2024, 56.4

Non-Bank 64

Non-Bank Online and Mobile Banking Underserved On-Demand 64

PYMNTS

OCTOBER 7, 2016

Morgan Stanley predicts Indian online sales will hit $100 billion a year by 2020, up from $3 billion in 2013. Bitcoin use is not regulated, despite efforts by Unocoin to initiate government movement toward a regulatory framework. ShapeShift launched in 2013 with Erik Voorhees as its owner in early 2015.

Bitcoin 99

Bitcoin Online and Mobile Banking Blockchain Payment APIs and Integration 99

PYMNTS

NOVEMBER 18, 2019

To that end, George Connors, senior vice president of gaming solutions at Fiserv , told Karen Webster in a podcast that it’s just a matter of time before more state governments and payments industry stakeholders see the positives from legalized online gaming and sports betting. Going back to 2013, when the legalized U.S.

Online and Mobile Banking 43

Online and Mobile Banking Governance Government Legal 43

PYMNTS

FEBRUARY 24, 2017

30, 2013, was $1,165.89, according to CoinDesk. In the international market, the past few weeks have also seen a number of propositions and efforts by various global governments, financial regulatory bodies and other organizations to work toward bitcoin regulation. At the time of writing, bitcoin’s price sat at $1,149 even, up 2.39

Bitcoin 77

Bitcoin Money Laundering ATM Cryptocurrency 77

PYMNTS

MARCH 26, 2020

“From its initial observation, Maze used multiple methods for intrusion, including the creation of malicious look-a-like cryptocurrency sites and malspam campaigns impersonating government agencies and well-known security vendors,” the FBI advisory said.

Cybersecurity 68

Cybersecurity Data Breach Ransomware FBI 68

PYMNTS

NOVEMBER 1, 2018

Ng is also charged with conspiring to violate the FCPA by circumventing the internal accounting controls of a major New York-headquartered financial institution, which underwrote more than $6 billion in bonds issued by 1MDB in three separate bond offerings in 2012 and 2013, while Ng was employed at the financial institution as a managing director.

Crime 55

Crime Participant Accounts Governance 55

PYMNTS

MAY 6, 2019

NorthOne chose Toronto as its base because of the city’s talent pool, and Bensoussan also pointed out that “the Canadian government also offers important financial support to deep tech companies like our own, making the salaries ultra competitive.” They also gain access to automated teller machines (ATMs) across the U.S.

Innovation 76

Innovation FinTech Small Business Debit Card 76

CB Insights

APRIL 22, 2019

Consider the recently updated figures from the Government Accountability Office’s 2015 report on retirement security in America, which highlight that 29% of households aged 55 and older have no retirement savings and no pension. While wage growth in the US remains slow, homeowner equity has more than doubled since 2013.

Governance 70

Governance Government Research Innovation 70

PYMNTS

OCTOBER 14, 2016

With a big government backing, bold entrepreneurial spirit and increasing FinTech interest, the country’s tech scene is quickly becoming a global force to be reckoned with. They are encouraged by the government, which wants to create a ‘creative economy,’ one that favors and encourages young entrepreneurship. SoftBank Delivers A $4.5B

Governance 76

Governance Government Credit Cards FinTech 76

PYMNTS

JUNE 8, 2020

According to a new law, disqualification, penalties and prison terms could also be in effect for executives who don’t report possible takeovers or adhere to government conditions, Yahoo! Jack Ma’s Alibaba began funding American startups in 2013 and put money into firms such as Snap and Lyft before their initial public offerings (IPOs).

Governance 52

Governance Government Laws Security 52

PYMNTS

JANUARY 21, 2020

is asking for the Colombian government to put emergency regulations into place to enable its ridesharing service to continue running. Uber has come across strong resistance from taxi drivers after selecting Bogota as its inaugural South American operation in 2013. Colombia stayed behind.”.

Rules 52

Rules Regulations Governance Government 52

PYMNTS

DECEMBER 11, 2020

Per the new Tracker, “World governments have already taken a number of steps to curb money laundering on cryptocurrency exchanges by requiring them to bring their KYC processes in line with those of other FIs,” and adding that FinCEN rules announced in late 2019 will be strictly enforced for cryptocurrency exchanges.

Money Laundering 87

Money Laundering AML Cryptocurrency Verification 87

PYMNTS

SEPTEMBER 16, 2020

The FTC doesn't always move forward with antitrust cases that it is investigating, as in the case of the 2013 investigation into Google. The possible scrutiny into Facebook is in line with the overall scope of the investigations at the government level against Big Tech companies.

FTC 65

FTC Federal Trade Commission Laws Legal 65

PYMNTS

MARCH 18, 2019

An international coalition of pension funds, government entities and asset managers is suing Danske Bank over a far-reaching money-laundering scheme tied to Russia, and its subsequent cover-up. Law firm Grant & Eisenhofer announced the lawsuit as being tied to “one of the most egregious money laundering scandals in history.”

Money Laundering 76

Money Laundering Laws Continuity Participant 76

PYMNTS

NOVEMBER 15, 2019

government is going to strictly oversee the implementation of rules that would force crypto exchanges, marketplaces and digital wallets to identify their customers when they do transactions over a certain monetary threshold, according to a report by Reuters. 15) that the U.S. The amount of money laundering crime may exceed $4.3

Travel Rule 55

Travel Rule Rules Fincen Money Laundering 55

PYMNTS

JANUARY 4, 2017

government and has been looked into since 2013. The paper noted that, since 2013, Americans — many of which are recent immigrants — have been scammed out of $100 million as a result. The victim would send the iTunes card codes to the scammers, which gave them access to the money. NYT noted this scam is being tracked by the U.S.

Scams 49

Scams Federal Trade Commission FBI Legal 49

PYMNTS

NOVEMBER 12, 2018

government agency could seek a leave to appeal through a Supreme Court Petition. In 2013, the government came to the understanding that “holes in the wall” ATMs that are externally facing should, for business rate purposes, be seen as separate premises. Still, the U.K.

ATM 57

ATM Debit Card Assessments Rules 57

PYMNTS

MARCH 26, 2016

According to court documents , Montgomery, Alabama resident Wendy Huff, who worked at two different insurance companies between January 2013 and August 2015, stole personal information of her employers’ customers, including their names, social security numbers and dates of birth.

Identity Theft 56

Identity Theft Treasury Checks Debit Card IRS 56

PYMNTS

APRIL 13, 2017

government had criminally charged Russian spies for cybercrimes. Belan was arrested in Europe in June 2013 but escaped to Russia before he could be extradited to the United States. Baratov faces U.S. The other alleged hacker in the Yahoo case is Alexsey Belan, one of the FBI’s most-wanted cybercriminals.

Wire 57

Wire Wires Accounts Governance 57

PYMNTS

DECEMBER 16, 2016

At some point in 2013, cybercriminals made off with the records of more than 1 billion users, including names, birth dates, phone numbers, passwords that were encrypted in an easily broken manner, security questions and backup email addresses used to reset lost passwords.

Law Enforcement 66

Law Enforcement Database Breach Data Breach 66

CB Insights

FEBRUARY 10, 2017

In 2013, 8VC founding partner Joe Lonsdale wrote, “Government represents one of the most challenging sectors in which to build a business. Yet the challenges represent opportunities for those bold enough to tackle them.” ” From transit planning software to civic … Continued.

Government 38

Government Governance Continuity 38

PYMNTS

AUGUST 21, 2018

million in fines for its audits of Ted Baker in 2013 and 2014 after the company admitted misconduct to the FRC. ” The FRC slapped KPMG with a nearly $4 million fine earlier this year for 2013 audits of Quindell, and soon followed up with a warning for the accounting and auditing firm. .” government. .

Audit 40

Audit Breach Governance Government 40