As online shopping continues its meteoric rise, retailers face an ever-present threat: fraud. According to recent statistics, retailers lose billions annually to fraudulent activities, significantly impacting their bottom line. The challenge for modern businesses is clear: balancing a smooth and
Bitget, a leading cryptocurrency exchange and Web3 company, has announced significant progress in its efforts to expand globally while ensuring stringent regulatory compliance. This article dives into Bitget's strategic initiatives, highlighting their proactive approach to securing regulatory
Papua New Guinea (PNG) faces the possibility of being grey-listed by the Financial Action Task Force (FATF) due to non-compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) recommendations. This potential scenario necessitates an examination of the ramifications and
Mountain America Credit Union has made a strategic move by appointing Nanette Graviet as Senior Vice President and Chief Risk Officer. With Nanette’s wealth of experience in governance, risk management, compliance, and legal expertise, the credit union is set to embark on a new chapter focused on e
Imagine a world where financial transactions are executed within seconds, free from the traditional banking system's constraints and costs. This world is already emerging through blockchain technology, particularly with the rise of decentralized finance (DeFi) and cryptocurrencies. However, it
In recent years, blockchain technology has gained attention for its potential to revolutionize various industries through enhanced security, transparency, and efficiency. Despite the promise, widespread enterprise adoption has been hindered by challenges such as scalability, regulatory compliance,
The concept of integrating traditional financial assets like stocks into the decentralized finance (DeFi) ecosystem has recently gained significant traction. On March 28, blockchain analytics firm IntoTheBlock highlighted the potential of DeFi platforms to enable borrowing against stocks. This
World Liberty Financial, spearheaded by Donald Trump, is set to launch a dollar-pegged stablecoin named USD1. This follows the company's successful fundraising of $550 million through a separate digital token sale. The stablecoin will be fully backed by U.S. Treasuries, dollars, and other cash
Charm Security has emerged from stealth mode, securing $8 million in seed funding led by Team8, to combat scams and social engineering attacks. The cybersecurity company, co-founded by Roy Zur and Avichai Ben, leverages AI-powered agents to prevent scams and protect organizations and their
As the financial sector grapples with increasing transaction costs, inefficiencies, and risks, blockchain technology has emerged as a potential game-changer. Yet, the decentralized nature of blockchain, while innovative, also presents its share of challenges, particularly in terms of trust and
