Tag: bank

  • mastercard

    Mastercard Recognises the Influence of Cryptocurrencies

    Mastercard released their 2018 Q1 financial results on May 2 showing record first-quarter net income of $1.5 billion and revenue of $3.6 billion. They attributed some of this success to the December and January boom in cryptocurrency prices as they expect results to drop following the recent bear market....

    timcopeland | May 4, 2018 | 6:00 pm
  • leumi

    Leumi Bank Must Stop Obstructing Crypto-Exchange Financial Operations

    The Israeli Supreme Court reached a decision today in support of local cryptocurrency exchange Bits of Gold. The temporary court order was issued by the Court to one of Israel’s largest financial institutions, Leumi Bank. Generally speaking, the decision means banks are required to permit cryptocurrency trading, and...

    Thomas Delahunty | February 27, 2018 | 12:00 am
  • NewsBTC

    UK Bank Lloyds Bans Bitcoin Buying on Credit Cards

    Banks will never be fans of Bitcoin. The concept of it alone is the complete opposite of a bank’s business model which is to make profits from other people’s money. Britain’s biggest bank today took the step of banning its customers from buying Bitcoin using their credit cards....

    Martin Young | February 5, 2018 | 2:56 am
  • NewsBTC Israeli banks Bitcoin

    Israeli Banks Can Legally Refuse Service to BTC and Crypto Companies

    Banks around the world have always had an uneasy relationship with Bitcoin companies. Banks do not like Bitcoin and vice versa. A financial institution was never able to legally deny service to a cryptocurrency company before, though. That has now come to change in Israel, thanks to a...

    JP Buntinx | June 12, 2017 | 2:00 pm
  • NewsBTC Abra Support Expands

    Abra Continues To Improve Support For US banks And Credit Union

    The past few weeks have been quite exciting for the Abra team. The bitcoin-based money transfer service continues to add a lot of support for US bank accounts and credit unions. Not too long ago, the list had grown to over 50 US banks, which is quite impressive....

    JP Buntinx | April 21, 2017 | 2:00 pm
  • Cardless ATM Withdrawal

    Cardless ATM Fraud Is Fueled By Insecure Bank Countermeasures

    Bank ATMs have been attracting criminals from all over the world. Emptying these machines can be done in various ways, although careless fraud is becoming more prevalent. Cardless ATM transactions are the prime reason why criminals have a much easier time as of late. Once criminals obtain stolen...

    JP Buntinx | January 6, 2017 | 2:15 pm
  • ZCash Italy

    Paschi Troubles May Further Strengthen Demand for Bitcoin

    The cryptocurrency community is elated to see the price of Bitcoin hit the roof. But the scene isn’t so rosy for many Italian investors who decided to trust the country’s fiat economy and invest in one of the country’s leading banking institutions— Monte dei Paschi. Italy has been...

    Gautham | December 22, 2016 | 10:30 pm
  • AKBank Hack SWIFT

    Turkey’s Akbank Suffers Online Attack, Faces US$4m In Damages

    The year 2016 has been filled with multiple banks getting hacked. One of those intrusions has gone by virtually unnoticed. Turkey’s AKbank, one of the largest institutions in the country, may find themselves liable for up to $4m in damages. The bank suffered a major attack on the...

    JP Buntinx | December 17, 2016 | 9:30 pm

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