Posts in category

Electronic Transfers


The central bank of Bhutan is to use Ripple’s CBDC Private Ledger to pilot a central bank digital currency. Building atop its current payments infrastructure, the Royal Monetary Authority will pilot retail, cross-border and wholesale payment use cases for a digital Ngultrum in phases using Ripple’s blockchain technology. “Our collaboration with Ripple is testament …

Wednesday, September 22, 2021 On Aug. 20, 2021, after two rounds of public comments on China’s draft Personal Information Protection Law (PIPL),1 China promulgated the final version of the PIPL, which takes effect Nov. 1, 2021. Together, the PIPL, Cybersecurity Law (which came into force June 1, 2017) and Data Security Law (which came into force Sept. 1, 2021) now form the fundamental legal …

Washington Lt. Gov. Cyrus Habib climbed Mount Kilimanjaro in 2019 as part of a fundraiser for an outdoor leadership program for young people with physical and sensory disabilities. Cyrus Habib / Cyrus Habib In an unusual case of a high-ranking Washington statewide office holder calling into question the official conduct of his predecessor, the office …

NEFT or National Electronics Funds Transfer is a facility provided (in India) by nearly all the local banking institutions. As explained in a blog post by Fintech firm Paytm, NEFT is among the most preferred methods of making money transfers in India. Via NEFT, users are able to transfer funds through Internet or online banking …

MOSCOW–(BUSINESS WIRE)–The blog is now divided into several sections, which include articles about cryptocurrencies, investments and trading, general information on cryptocurrencies and blockchain, tools and technologies, as well as news and forecasts. “Our blog is more aimed at newbies who have a desire to get closer to the cryptocurrency market, to learn how certain mechanisms …

A review of the provisions introduced reveals that after a long time concrete and positive steps have been undertaken for documentation of the economy and providing a level playing field to various persons in business. All the steps are almost in the right direction that reflect the will of the government to document the economy …

Gardai have warned about a growing trend dubbed ‘bank jugging’. Bank jugging is when a criminal parks outside a financial institution and watches ‘patiently’ the customers entering and leaving. A statement by the Gardai read: ‘The thief then targets anybody who comes out with a bank bag, coin box or bank envelope that looks like …

But, the times have changed. Over a period of time, banks started customizing savings schemes for the children and extended account opening as well as operational relaxations to the minors up to a limited extent. Meantime, technology revolution enforced operational changes in every sphere of life. Digital platforms emerged on the scene offering digitized services …

Records Management Hurricane Ida knocked out key NARA system By Adam Mazmanian Sep 17, 2021   A key records management system at the National Archives facility in in Keyser, W.Va., was knocked out by remnants of Hurricane Ida that caused flooding and significant loss of life on the East Coast earlier this month. …

Photo by John Schnobrich. The Kingston Police Fraud Unit is urging local businesses to be aware of a type of scam that is targeting the business community with increasing frequency: Business Email Compromise (BEC) attacks. According to a release from Kingston Police, BEC attacks involve an individual at a business clicking an innocuous link in …