A financial transaction is an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment. It involves a change in the status of the finances of two or more businesses or individuals. The buyer and seller are separate entities or objects, often involving the exchange of items of value, such as information, goods, services, and money. It is still a transaction if you exchange the goods at one time, and the money at another.
All stories in Financial transaction
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HSBC leans on blockchain tech to process $250b worth of fx transactions
Global bank HSBC has processed more than 3 million foreign exchange (fx) transactions using blockchain technology.
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Ryuk ransomware earns hackers $3.7M in Bitcoin over 5 months
A squad of cybersecurity firms have tracked a ransomware threat known as Ryuk, which has collected over 705 BTC in just ...
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Cryptocurrency analysts predict the end of the Bitcoin bear market
Cryptocurrency analysts have used the cumulative age of Bitcoin transactions to determine exactly what point BTC holders ...
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Square launches SDK to help mobile developers take in-app payments
Square wants to make it easier for mobile devs to deal with payments
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MasterCard wants to make electronic payments anonymous… with blockchain
According to a recent patent application, the payment infrastructure provider, MasterCard, wants to anonymize "electronic ...
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Only 2% of Japan’s 340,000 money laundering cases involve cryptocurrency
Japan's efforts to regulate the cryptocurrency industry might have come a little later than needed, as the country has seen ...
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This AI can predict Telegram pump-and-dump schemes with 80% accuracy
Spotting a pump-and-dump is tough work, but academics from Imperial College London have devised used machine learning, to ...
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US government building tools to deanonymize anonymous cryptocurrencies
If you thought you were safe using privacy coins like Zcash and Monero, think again, the US government is developing forensic ...
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Japanese authorities form pact to hunt cryptocurrency tax evaders
The Japanese government is developing a system to catch those who are not paying the appropriate taxes on the profits made ...
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We’re living in digital serfdom — trading privacy for convenience
Think for a second: compared to your grandparents and parents, what do you actually own outright? Why own when you can ...
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Google and Mastercard are secretly tracking your offline purchases
Google has quietly been providing select advertisers a "stockpile" of offline credit card transaction data. After a four ...
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Line launches its own cryptocurrency and blockchain network
The Tokyo-based messaging titan has now launched its own cryptocurrency called 'LINK' alongside a blockchain network called ...
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Samsung's new tech further blurs the line between banks and blockchain
Samsung SDS has created a blockchain-powered signature system for banks that lets users verify their identity just once every ...
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PSA: Major EOS bug makes it possible to steal valuable resources directly from users
EOS has another major vulnerability: this one allows for valuable network resources to be effectively stolen from user accounts ...
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Thailand’s central bank will issue its own digital currency — but there’s a catch
The central bank of Thailand has revealed details of its new digital currency, developed using ledger technology built by ...
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Blockchain can’t fix everything, consulting giant BCG reports
A new report has issued a sobering call: be aware that blockchain technology is not suitable for every industry, especially ...
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John McAfee’s 'unhackable' cryptocurrency wallet has been hacked (again)
A team of security researchers has a solid claim to $10,000, after meeting the three requirements of Bitfi's second bug bounty ...
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Coinbase is giving USers immediate deposits and higher cryptocurrency trading limits
A new Coinbase update will allow US users to purchase and trade $25,000 worth of cryptocurrency every day - seven times the ...
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Analysts: Bitcoin isn't replacing fiat currency anytime soon
For the past few years, through boom and bust, hype cycles and FUD (and just about anything in between), we've heard that ...
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Facebook recently started asking banks for your financial data
A report from the Wall Street Journal today revealed Facebook was attempting to gain detailed financial information from ...
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Monero wallet vulnerability made it possible to steal XMR from exchanges
Monero, the cryptocurrency often praised for its privacy functions, was full of vulnerabilities - one allowing hackers to ...
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Investment fund CEOs: XRP is digital fiat, not real cryptocurrency
CEOs of digital asset investment firms are really giving it to Ripple’s native cryptocurrency, XRP - claiming it's really ...
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One year after massive takedowns, dark web marketplaces are thriving
The past year has been one of the most tumultuous for the dark web, as massive law enforcement efforts have untangled and disbanded several large criminal operations -- but did these operations actually make a difference? What happened? On July 4, 2017, the Amazon of the dark web ...
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The $24 billion chatbot industry sucks because it needs better AI
In 2014, WIRED would profile a “boring” company called Slack beginning a media and venture-based obsession with bringing ...
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Here’s why Bitcoin’s blockchain has blocks that go over the 1MB limit
Blocks have been mining on Bitcoin's blockchain that are over 2MB, despite having a limit of 1MB. Here's why this happens. ...
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Opera is expanding its suite of cryptocurrency tools with a built-in wallet
Opera is preparing to give Android users a built-in Crypto Wallet, the latest in its suite of tools for cryptocurrencies. ...
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This exchange lets you make fiat and crypto investments in seconds
Cryptology.com is a next-generation cryptocurrency exchange that makes fiat and cryptocurrency trading easy and secure. Its ...
