Banks - Security Ticks

Android malware uses NFC to steal money at ATMs

Android, Banks, cybercrime, Don't miss, EU, Europe, Hot stuff, Malware, News, scams / SecurityTicks

Android malware uses NFC to steal money at ATMs 2024-08-22 at 12:01 By Help Net Security ESET researchers uncovered NGate malware, which can relay data from victims’ payment cards via a malicious app installed on their Android devices to the attacker’s rooted Android phone. Attack overview (Source: ESET) Unauthorized ATM withdrawals The campaign’s primary goal […]

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Stolen, locked payment cards can be used with digital wallet apps

apple, Banks, digital wallet, Don't miss, financial industry, fraud, Google, Hot stuff, mobile payment, News, online payment, PayPal, research, vulnerability / SecurityTicks

Stolen, locked payment cards can be used with digital wallet apps 2024-08-19 at 21:32 By Zeljka Zorz Fraudsters can add stolen payment cards to digital wallet apps and continue making online purchases even after victims’ report the card stolen and the bank blocks it, computer engineers with University of Massachusetts Amherst and Pennsylvania State University

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Hong Kong digital yuan pilot lacks P2P capabilities

Banks, CBDC, central bank digital currency, China, Digital Yuan, e-CNY pilot, Hong Kong, Peoples Bank of China, yuan / SecurityTicks

Hong Kong digital yuan pilot lacks P2P capabilities 2024-05-17 at 14:01 By Cointelegraph by Zoltan Vardai While Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong. This article is an excerpt

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SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel

Banks, Bill, Cryptocurrency Custody, Non-Bank Entities, SAB 121, Staff Accounting Bulletin, Tom Emmer, Veto, Wiley Nickel / SecurityTicks

SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel 2024-05-16 at 05:01 By Cointelegraph by Brayden Lindrea The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler. This article is an excerpt from Cointelegraph.com News View Original Source

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Deutsche Bank joins Singapore’s asset tokenization project

Banks, Deutsche Bank, Germany, real-world assets, RWA, Singapore, tether, Tokens, usdt / SecurityTicks

Deutsche Bank joins Singapore’s asset tokenization project 2024-05-14 at 16:03 By Cointelegraph by Helen Partz Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs

Banks, Bitcoin, Bitcoin ETF, Business, Investments, SEC, wells fargo / SecurityTicks

Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs 2024-05-10 at 21:01 By Cointelegraph by Turner Wright The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Europe’s largest banks are moving into crypto thanks to regulations: Bitpanda

Assets, Banks, Bitcoin Adoption, Crypto, Europe, MiCA / SecurityTicks

Europe’s largest banks are moving into crypto thanks to regulations: Bitpanda 2024-04-23 at 14:02 By Cointelegraph by Zoltan Vardai Some of Europe’s largest banks are developing crypto solutions thanks to the regulatory clarity provided by the MiCA framework. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Germany’s largest federal bank to offer crypto custody services: Report

Banks, Cryptocurrencies, Cryptocurrency Exchange, Deutsche Bank, Germany / SecurityTicks

Germany’s largest federal bank to offer crypto custody services: Report 2024-04-15 at 12:04 By Cointelegraph by Zoltan Vardai The Landesbank Baden-Württemberg will start offering crypto custody services to institutional clients starting from the second half of 2024. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Morgan Stanley wants to beat UBS as the first Bitcoin ETF bank

Banks, Bitcoin, Bitcoin ETF, Cryptocurrency, ETF, Morgan Stanley, UBS, United States, Wirehouse / SecurityTicks

Morgan Stanley wants to beat UBS as the first Bitcoin ETF bank 2024-04-04 at 14:03 By Cointelegraph by Helen Partz According to crypto insider Andrew AP Abacus, both Morgan Stanley and UBS are set to add Bitcoin ETFs to their platform next week. This article is an excerpt from Cointelegraph.com News View Original Source React

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Turkish Misyon Bank moves into digital assets with Taurus

Banks, Cryptocurrencies, Tokens, Turkey / SecurityTicks

Turkish Misyon Bank moves into digital assets with Taurus 2024-03-26 at 14:02 By Cointelegraph by Helen Partz Credit Suisse-backed Taurus will provide the Turkish neobank Misyon with tools to enable digital asset custody and tokenization services. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Crypto Biz: Bitcoin’s institutional flow looms, Coinbase’s debt round, and more

Banks, Coinbase, ETF, SEC / SecurityTicks

Crypto Biz: Bitcoin’s institutional flow looms, Coinbase’s debt round, and more 2024-03-15 at 23:17 By Cointelegraph by Ana Paula Pereira This week’s Crypto Biz covers the buzz surrounding Bitcoin, the outlook for Ether ETFs, Ubisoft as an XPLA validator, Coinbase’s challenges and global banks taking on blockchain. This article is an excerpt from Cointelegraph.com News

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Societe Generale issues its first green bond on Ethereum

Banks, Bonds, ESG, France / SecurityTicks

Societe Generale issues its first green bond on Ethereum 05/12/2023 at 15:03 By Cointelegraph by David Attlee The unsecured bond has a value of 10 million euros and a maturity of three years, with all the proceeds going for eligible green activities investments. This article is an excerpt from Cointelegraph.com News View Original Source React

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Brazil’s largest bank Itau Unibanco launches Bitcoin trading — Report

Banks, Brazil, Cryptocurrencies / SecurityTicks

Brazil’s largest bank Itau Unibanco launches Bitcoin trading — Report 04/12/2023 at 16:02 By Cointelegraph by Helen Partz Brazilian bank Itau Unibanco has reportedly launched a cryptocurrency trading service for its clients as part of its investment platform. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Swiss crypto bank Seba rebrands to Amina amid global expansion

Banks, Cryptocurrencies, Marketing, Switzerland / SecurityTicks

Swiss crypto bank Seba rebrands to Amina amid global expansion 01/12/2023 at 03:02 By Cointelegraph by Helen Partz Seba’s new name, Amina, stems from “transamination,” meaning transference of one compound to another, symbolizing bringing different types of banking together. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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JPMorgan, Apollo plan for enterprise mainnet, execs reveal

Banks, Forbes, JPMorgan Chase, Singapore / SecurityTicks

JPMorgan, Apollo plan for enterprise mainnet, execs reveal 28/11/2023 at 14:02 By Cointelegraph By Arijit Sarkar The ‘enterprise mainnet’ provides the scalability to add applications to a network that already has a KYC-compliant set of institutional banks, broker-dealers and asset managers. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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European regulator: CASPs should work on protocol interoperability, self-hosted wallets

Banks, EBA, Europe, European Union / SecurityTicks

European regulator: CASPs should work on protocol interoperability, self-hosted wallets 24/11/2023 at 14:02 By Cointelegraph By David Attlee The European Banking Authority wants to update existing anti-money laundering rules and combat the financing of terrorism for crypto providers. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Canadian regulator seeks feedback on crypto asset exposure disclosure requirements

Banking, Banks, Canada, Cryptocurrencies / SecurityTicks

Canadian regulator seeks feedback on crypto asset exposure disclosure requirements 21/11/2023 at 00:03 By Cointelegraph By Derek Andersen The Canadian Office of the Superintendent of Financial Institutions is following a Basel model for its disclosure requirements. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Santander offers Bitcoin, ETH trading for Swiss account holders: Report

Banking, Banks, Santander, Spain, trading / SecurityTicks

Santander offers Bitcoin, ETH trading for Swiss account holders: Report 20/11/2023 at 15:03 By Cointelegraph By Arijit Sarkar High-net-worth individuals of Santander Private Banking International will have access to trade BTC and ETH, according to a report claiming access to a leaked internal communication. This article is an excerpt from Cointelegraph.com News View Original Source

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Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report

Banks, funding, Goldman Sachs, venture capital / SecurityTicks

Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report 14/11/2023 at 13:02 By Cointelegraph By Helen Partz With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England. This article is an excerpt from

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Chinese multinational bank hit by ransomware

Banks, China, Citrix, Don't miss, financial industry, Hot stuff, News, Ransomware / SecurityTicks

Chinese multinational bank hit by ransomware 10/11/2023 at 14:46 By Helga Labus The state-owned Industrial and Commercial Bank of China (ICBC), which is one of the largest banks in the world, has been hit by a ransomware attack that led to disrupted trades in the US Treasury market. The attack “On November 8, 2023, U.S.

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