Fintech Radar
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Georgia County Pays $400 000 in Bitcoins to Repel Ryuk Ransomware Attack
Officials in Jackson County, Georgia, have relented and paid a $400 000 ransom in bitcoins to restore county IT systems disabled by Ryuk ransomware since March 1st, Bank Info Security reports. The FBI and local law enforcement are now investigating the attack. Jackson County now
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Canadian Regulators Want Laboratoire Blockchain Investors to Come Forward
Canadian regulators have frozen the assets and activities of a blockchain firm and instructed investors to step forward. The AMF (Autorité des marchés financiers) issued a statement described as a "call to investors" regarding the
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The inconvenient truth for GSE reform plans
There’s bipartisan consensus that the conservatorships of Fannie Mae and Freddie Mac are unsustainable, but that may not be enough for lawmakers to upend the current system.
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Silvergate Bank Onboarded 59 New Crypto Customers in Q4 2018
Major U.S.-based bank Silvergate signed on 59 new cryptocurrency customers in the fourth quarter of 2018
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North Korea using bank cyberattacks to evade sanctions - UN report
North Korea has been using cyberattacks on banks and cryptocurrency exchanges to steal money and evade financial sanctions, says a new United Nations report.
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Nationwide and CreditLadder combine to help renters become homeowners
Nationwide Building Society is teaming up with rent reporting platform CreditLadder to help tenants investigate whether they can become homeowners.
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Fraudsters winning on the war on payments fraud
Three quarters (73%) of UK businesses believe that fraudsters who carry out payments fraud are now ‘ahead of the industry’, according to the third annual Business Fraud Report from Vocalink, a Mastercard company.
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Cryptopia Crypto Exchange Resumes Trading on 40 Crypto Pairs
Following a mid-January hack, crypto exchange Cryptopia has resumed trading on 40 trade pairs