nytimes

Banks and Retailers Are Tracking How You Type, Swipe and Tap

When you’re browsing a website and the mouse cursor disappears, it might be a computer glitch – or it might be a deliberate test to find out who you are. The way you press, scroll and type on a phone screen or keyboard can be as unique as your fingerprints or facial features.

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Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You

Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta. Now the race is on to become the go-to destination for cryptocurrency companies that are looking for shelter from regulatory uncertainty in the United States and […]

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Here’s Some Cryptocurrency. Now Please Use It.

You may have seen the actor and part-time tech investor Ashton Kutcher present 4 million worth of digital coins called XRP to Ellen DeGeneres’s favorite charity on her talk show. Or maybe you saw Stephen Colbert announce a 29 million donation of XRP to schoolteachers on his late-night show.

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Biggest Banks Pass Fed’s Stress Tests

The nation’s biggest banks are strong enough to continue lending if the economy plunges into a severe downturn, an assessment by the Federal Reserve on Thursday that could fuel Wall Street’s calls to further relax financial regulations.

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Worried About Big Tech? Chinese Giants Make America’s Look Tame

Those lives are riper for tech disruption than lives in the West. In China, small stores dominate retail. Hospitals are crowded and doctors overworked. Most people do not have credit cards. These are easier business opportunities for Alibaba and Tencent than they would be for Amazon or Facebook.

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Big Banks to Get a Break From Limits on Risky Trading

Big banks are getting a big reprieve from a postcrisis rule aimed at curbing risky behavior on Wall Street.Federal bank regulators on Wednesday unveiled a sweeping proposal to soften the Volcker Rule, a cornerstone of the 2010 law that was enacted after the financial crisis to rein in risky trading.

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Banks Adopt Military-Style Tactics to Fight Cybercrime

In a windowless bunker, a wall of monitors tracked incoming attacks — 267,322 in the last 24 hours, according to one hovering dial, or about three every second — as a dozen analysts stared at screens filled with snippets of computer code.

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Bitcoin Sees Wall Street Warm to Trading Virtual Currency

Some of the biggest names on Wall Street are warming up to Bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world.

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Mulvaney, Watchdog Bureau’s Leader, Advises Bankers on Ways to Curtail Agency

Mick Mulvaney, the interim director of the Consumer Financial Protection Bureau, told banking industry executive on Tuesday that they should press lawmakers hard to pursue their agenda, and revealed that, as a congressman, he would meet only with lobbyists if they had contributed to his campaign.

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Zelle, the Banks’ Answer to Venmo, Proves Vulnerable to Fraud

Last June, Early Warning introduced Zelle. It is built directly into each banks mobile app, making the system easy to use for customers or thieves who gain access to their accounts.The scale of the problem is hard to pinpoint, because Zelle is fairly new and banks do not report much data about it.

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Cambridge Analytica Planned to Launch Its Own Cryptocurrency

The embattled political data firm Cambridge Analytica quietly sought to develop its own virtual currency in recent months after a so-called initial coin offering, a novel fund-raising method that has come under growing scrutiny by financial regulators around the world.

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