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Transcript: Zeke Faux, Number Go Up

Barry Ritholtz

 The transcript from this week’s, MiB: Zeke Faux, Number Go Up , is below. Zeke Fox’s book number go up inside crypto’s Wild Rise and staggering. Zeke Faux: 00:02:38 Yes, and I mean the title of the book number go up Inside Crypto’s Wild Rise and Staggering Fall. And he is like number go up.

Numbers 61
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How Mexico’s Central Bank Plans To Move Payments To Digital

PYMNTS

The platform lets B2B, P2P and other commerce take place over Mexico’s real time gross settlements payments system, known as SPEI (in turn tied to wire transfers) for short. As it had been done before CoDi, the user experience had been nothing short of “horrible,” where merchants had to text 18 digit account numbers to consumers.

Banking 145
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OCC: Lockdowns Could Challenge Stability Of Banking System

PYMNTS

Brooks , Acting Comptroller of the Currency, said in a series of letters that some states’ long-term efforts to curb the coronavirus could lead to reduced real estate values and debt payments. The closures, Brooks said, were seemingly “indefinite” in some states, a press release from the Office of the Comptroller of the Currency (OCC) said.

Banking 52
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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

Take, for example, how the Fed views statistics, such as employment numbers, when it’s thinking about inflation or raising rates so quickly, which is really constraining to people on an actual budget facing other inflationary pressures, and, by the way, not actually doing anything about inflation. So those numbers are disparate.

Banking 100
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US Bank Pays Justice Department $613M For Money Laundering Settlement

PYMNTS

Bank was slapped with a $185 million civil penalty for what the Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of the Comptroller of the Currency (OCC) and the U.S. The bank was charged with failing to flag suspicious activity and inadequately reporting currency transactions. “ Banks in the U.S.

Banking 43
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How FIs Can Win The Eternal — And Escalating — Cybersecurity Battle

PYMNTS

The bank accounts? Well, they’re frozen, and it doesn’t really matter, because all the accounts have been drained right down to zero. Beyond the lures of money, there are other nation-states that may want access to a financial system, but for different reasons. Go to sleep one night, and all is well.

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“Fixing” the Blockchain Is Dividing The Miner Community

PYMNTS

As bitcoin has gotten more popular, the number of people trying to use it has grown, and along with it the number of transactions on the good old blockchain technology that underpins bitcoin. Which kind of takes out an essential benefit of digital currency, as it some cases it is more expensive to use than Visa Inc.