17 November, 2021 by The TZ Newswire Staff Comments Off on Digital Ruble Should Not Boost Inflation, Bank of Russia Says
Digital Ruble Should Not Boost Inflation, Bank of Russia Says
Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the head of the monetary authority has emphasized. The regulator has put forward some conditions for the implementation of the new currency project.
17 November, 2021 by The TZ Newswire Staff Comments Off on Cash No Longer King in Latin America
Cash No Longer King in Latin America
Colombia’s digital banking space expanded by 59% between 2019 and 2020.
Other nations in Latin America are following that lead, Kushki Chief Revenue Officer Madeleine Clavijo said in an interview with PYMNTS.
At a high level during the pandemic, digital wallets and contactless payments became the only option many customers had for accessing products and services, she said.
17 November, 2021 by The TZ Newswire Staff Comments Off on Safe 30% Returns from a Dividend-Paying Crypto “Utility”
Safe 30% Returns from a Dividend-Paying Crypto “Utility”
I stopped pulling my suitcase and fumbled for my phone. “Owens.”
“Hey buddy,” I replied to my childhood friend. “If it’s loud… well I’m in Vegas. On the Strip actually, walking to my hotel to check in.”
It was almost 80 degrees. Your income strategist was sweating through his shoes and pants and, more concerning, he’d forgotten his hat—which meant the top of his increasingly exposed head was being slowly but surely sizzled by the desert sun.
17 November, 2021 by The TZ Newswire Staff Comments Off on Digital Economy Sees Rise in Number of Fake Businesses
Digital Economy Sees Rise in Number of Fake Businesses
Digital identity verification is being put through its paces during the pandemic as remote onboarding of consumers keeps skyrocketing, bringing a reenergized wave of financial crime with it.
As troubling as the rise in false identities and resulting consumer fraud were in 2020, this year is seeing another alarming trend on the rise: an uptick in the creation of fake businesses.
This is bringing about an evolution in digital anti-money laundering (AML) and know your customer (KYC) solutions as fraudsters continually switch tactics amid the chaos.