Crypto News 

Switzerland seeks to regain cryptocurrency crown

“Despite the challenges, Switzerland is working on new rules to reassure banks and encourage them to accept the accounts of cryptocurrency companies” writes Midwest Communications Inc for 95kqds.com. “They raised concerns about problems with opening bank accounts, which was a worry for them, and asked for help,” Moser told Reuters.Providing the legal framework to launch ICOs and for banks to do business with cryptocurrency companies is not easy.Another large Swiss bank kicked out crypto project Smart Valor at around the same time, said a person familiar with the project.The bank,…

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Google Cloud made big changes to its fraud-detection system in response to an angry customer complaint that went viral

“A lot of criticism was directed at GCP earlier this month when a customer complaint posted to Medium went viral” writes Greg Sandoval for businessinsider.com. Protecting the reputation of Google’s cloud service is vital as the company looks to compete with larger competitors such as Amazon Web Services and Microsoft’s Azure cloud unit.More importantly, Google has added more humans to its fraud-detection mix, so those overseeing accounts mistakenly accused of fraudulent activity can reach out for help, 24/7. Source: businessinsider.com Share This:

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Investors Worry About Scale of Twitter Purges

“The cavalcade of suspensions has raised questions as to whether the crackdown could affect Twitter’s user growth and whether the company should have warned investors earlier” writes Rob Quinn for newser.com. Last week, Twitter confirmed a Washington Post report that it had suspended 70 million accounts in May and June.The new figure sheds light on Twitter’s attempt to improve “information quality” on its service, its term for countering fake accounts, bots, disinformation, and other malicious occurrences. Source: newser.com Share This:

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News Stocks 

Twitter suspended about 58 million user accounts in Q4 of FY17: Report

“Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press” reports firstpost.com. Last week, Twitter confirmed a Washington Post report that it had suspended 70 million accounts in May and June.Twitter suspended roughly 15 million accounts last October.The number of suspended accounts originated with Twitter’s “firehose,” a data stream it makes available to academics, companies, and others willing to pay for it.Twitter maintains that most of the suspended accounts had been dormant for at least a month, and…

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How To Join The Payables To Payment Revolution

“Adding to the perception of impossibility is the fact that the AP automation process cannot happen solely within the four walls of the organization” reports pymnts.com. He welcomes the doubters to join the discussion, urging an open mind among professionals who struggle to envision how their accounts payable departments can, once and for all, let go of manual processes.Accounts payable (AP) automation offers lofty promises to the enterprise: nix paper, save money, cut out inefficiencies and provide more time for executives to focus on strategic tasks. Source: pymnts.com Share This:

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Twitter suspended Guccifer 2.0 and DC Leaks’ accounts

“Twitter has suspended two prominent accounts linked to the 2016 hack on the Democratic National Committee, Guccifer 2.0 and DC Leaks” writes Jul Edt for theverge.com. It’s not clear which network of accounts Twitter is referencing: a company spokesperson declined to comment beyond its previously released statement.Earlier this year, Twitter introduced new rules and suspended additional accounts in an effort to cut down on automated spam and bots, and significantly upped its efforts to suspend accounts responsible for malicious activity.In the last year, Twitter has been under the microscope after…

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