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On Nov. 21, the United States Congressional Task Force on Financial Technologies held a hearing on the role of big data in financial services. The last major legislation focused on the subject was the Gramm-Leach-Bliley Act of 1999, which formalized a financial service firm’s obligations to clients — specifically, how
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A security researcher behind the data breach index site “Have I Been Pwned” said that password data and personal information of 2.2 million users of two websites have been dumped online.On Nov. 19, Ars Technica reported that security researcher Troy Hunt confirmed that the compromised data belonged to accounts
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Visa, one of the largest global payment solution providers, has come up with its own data management tool which is entirely based on blockchain. The new blockchain system, called LucidiTEE, is poised to replace the legacy fintech data management software.Visa’s Research and Development wing has published a paper based on
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Visa’s LucidiTEE claims to be the first system to enable multiple parties to jointly compute on large-scale private data while guaranteeing policy-compliance even when the input providers are offline and allows fairness to all output recipients. The project, from the research arm of Visa – aims to take on growing
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By Simon McDougall, Executive Director – Technology Policy and Innovation, ICO 18 November 2019 How do we balance the interests of society against individual rights, on issues like facial
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Visa has been quietly developing a blockchain system that could upend how banks transfer data to consumer financial apps like Mint and Credit Karma. Source
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A blockchain-based data marketplace, Measure Protocol, and a cannabis-oriented survey rewards app, Broccoli, will jointly establish a research community for cannabis users.According to a Nov. 12 press release, the companies will use the new community to survey consumers, collect data and make reports dedicated to cannabis use and the
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By Ian Hulme, Director for Regulatory Assurance. 14 November 2019 Imagine if your medical records, information about your sex life or your political opinions were put into the
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Leading crypto data site CoinMarketCap has announced the launch of its new metric to compare exchanges and token pairs based on liquidity.New gadget on the dashboardThe announcement comes from The Capital, CoinMarketCap’s inaugural conference in Singapore on Nov. 12, and the tool is now live on the company’s site.
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Calibra cryptocurrency wallet CEO David Marcus spoke at the New York Times Dealbook Conference in New York City where he discussed the worldwide regulatory scrutiny the stablecoin project continues to face, among other topics.Calibra is considering an auditor for personal data practices On Nov. 6, the co-creator of Facebook’s Libra
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