September 23, 2021 | Media Mentions
Bank Automation News
The Biden administration announced new security guidance to target those who facilitate ransomware payments, laying out an action plan that focuses on disrupting criminal networks and virtual currency exchanges. Kenneth Mendelson offered his thoughts.… Read More
September 22, 2021 | Media Mentions
The Street
Passing muster with traditional financial institutions and regulators can be critical for crypto exchanges. Julie Myers Wood offers her thoughts.… Read More
June 17, 2021 | Media Mentions
The mortgage industry is low-hanging fruit for extortionists given the amount of personally identifiable information lender/servicers house about customers — “People who create ransomware are making it available to others [in return for a share of the proceeds],” Ken Mendelson said. “The barrier to entry has been reduced.”
May 20, 2021 | Podcasts
Dan Burstein, general counsel and chief compliance officer at Paxos Trust Company, and Julie Myers Wood continue their discussion on the increasing openness of banking regulators to allow traditional financial institutions to offer cryptocurrency payment services.
In this episode, Dan and Julie provided insight into regulatory trends as traditional financial institutions move into the digital asset space, the associated compliance issues, blockchain monitoring, addressing the travel rule, and increased enforcement actions.
Missed Part 1? Listen to Banking on Crypto Part … Read More