Thinking Outside The Holiday Gift Box

The Christmas countdown is upon us. And with just single-digit shopping days left, the countdown is on to find that perfect gift for those hard-to-buy-for people on your list. So, too, is the pressure to buy for those whose tastes may run to the peculiar, or who already have everything and offer no clues about what might tickle their fancy.

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UK Regulator Tackles Authorized Push Payment Fraud

In an effort to help authorized push payment (APP) fraud victims, The U.K.’s Financial Conduct Authority (FCA) unveiled new rules on Friday (Dec. 14). As a result, additional banks or payment services providers (PSPs) may have to compensate victims of those kinds of scams, Financial Times reported. FCA Executive Director of Strategy and Competition Chris Woolard said, according to FT:

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Chinese Hackers Target Navy Contractors To Steal Military Secrets

Chinese hackers have targeted U.S. Navy contractors and subcontractors to steal classified military information, according to a report by The Wall Street Journal. The hackers gained illegal access to contractors’ networks and stole a range of classified intelligence, including ship data and missile plans. The attacks, which happened in the past 18 months, have spurred Navy Secretary Richard Spencer to

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BBVA, Porsche Complete $170 Million Loan With Blockchain

One of the largest banks in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), has completed a $170 million (€150 million) loan with Porsche Holding using blockchain technology, according to a report. Although the bank has completed blockchain loans before, it’s never done it with a non-Spanish customer, until now. One of the bank’s previous blockchain loans was completed with state-owned and

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TransferGo Receives $17.6M In Series B Funding

TransferGo, an up-and-coming international money transfer company, has raised more than $17.6 million in a Series B funding round, according to a report. The London-based company, which was founded in 2012, is available in 47 countries and has offices in Warsaw, London, Berlin, Istanbul and Vilnius. With a customer base of upwards of 800,000 people – and almost 1,00 new

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