Startups Take Aim at Financial Inclusion

On Thursday morning, a batch of startups in a virtual demo day hosted by FinTech Sandbox talked up ways they might address financial gaps that incumbents in the market have not yet tackled. This was one of the events held as part of New York Fintech Week and included some perspectives from the public sector … Read more

NFT Analytics: Understanding Asset Value

Over the past few years, the concept of non-fungible tokens (NFTs) has ballooned to represent one of the most prominent technological innovations in recent memory. At their core, NFTs are digital assets that are created, bought, sold, and traded on blockchain marketplaces, most often via cryptocurrency like Ethereum. The integration of blockchain technology allows for … Read more

Global Tech Policy Briefing: March 2022

Welcome back to Citizen Tech, InformationWeek’s monthly tech policy roundup column. This month we’re looking at: Ukraine’s war in the cyber domain US braces for energy crisis and cyber threats Trans-Atlantic data privacy More domestic chip manufacturing (maybe), and Crypto regulation Ukraine war in the cyber domain Let’s begin with the biggest news, the biggest … Read more

US Regulators Move to Understand Crypto and Explore Guardrails

President Biden’s executive order to establish a government strategy regarding digital assets will open the door for regulatory engagement in the sometimes-volatile world of cryptocurrency. Issued earlier this month, the stated intent of the executive order is to ensure “responsible development of digital assets.” That would include forming a plan to safeguard citizens and national … Read more

Crypto and Russia’s Invasion of Ukraine

As the grim reality of Russia’s armed invasion of Ukraine continues, moves are being made on either side of the conflict to secure access to monetary resources via digital means. Traditional banking and other financial transactions are seeing disruptions in the form of sanctions leveled against Russia and the basic fact that a war is … Read more

Cyber Threat Alliance and Cisco Talos Talk Threat Landscape

Bad cyber actors went after the healthcare market last year in a substantial way, according to experts who spoke at a webinar hosted last week by the Cyber ​​Thre Alliance. The discussion covered some top cybersecurity threats, trends in the attack life cycle, security vulnerabilities, and major incidents that occurred in 2021. During the session, … Read more

Facing Decentralized Finance and Crypto Security Dilemmas

In the race to transform the financial world, different types of security exposure and risks have emerged — or at least old hacker habits have been used on new fintech. The Department of Justice made arrests this month in a case about an alleged cryptocurrency laundering scheme tied to the 2016 Bitfinex hack where billions … Read more

A New Digital Footprint for Enterprises?

With big companies like Walmart getting more and more immersed in cryptocurrency and metaverse, the definition of digital footprint seems poised for change. It used to be that websites, social media, and mobile apps made up the primary digital presence of businesses. The decentralized world of Web 3.0, with its distributed blockchain-based networks, decentralized finance, … Read more

Fintech’s Future Through the Eyes of CES

The transformation of the financial sector continues to be accelerated by fintech, bringing the movement front and center at CES. A series of sessions and discussions held last week during the tech trade show hosted by the Consumer Technology Association explored how fintech can drive broader inclusion in access to financial resources, the ways in … Read more

What’s Really Being Done About It?

As evangelists and critics debate whether cryptocurrency represents the future of money or is nothing more than a giant Ponzi scheme and a haven for ransomware, drug dealers, and terrorists, a basic truth is often overlooked: crypto devours massive amounts of energy. According to Digiconomist, a website that tracks bitcoin and other cryptocurrencies, just over … Read more