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Fintech
·Jul. 28, 2022

CFPB Accuses Apple Of Potential Consumer Data Misuse With Its ‘Buy Now, Pay Later’ Service

Apple’s announced buy now, pay later (BNPL) service—Apple Pay Later—is being investigated by the Consumer Financial Protection Bureau (CFPB), the consumer finance regulator in the US.
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Fintech
·Jul. 28, 2022

LendingClub posts positive Q2 Earnings

LendingClub announced Q2 2022 results Wednesday, showing a firm resistance in the face of turbulent markets that sent the stock price up after hours.
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Fintech
·Jul. 28, 2022

Three trillion reasons to improve women’s financial health

It’s no secret that men and women have a financial gender gap. A new report from the Financial Health Network reveals that governments and businesses have almost three trillion reasons to close it.
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Fintech
·Jul. 28, 2022

Claims That DeFi Is Unraveling Or Structurally Flawed Are Unfounded

The notion that DeFi is somehow to blame for the current problems in Crypto originates from a lack of fundamental understanding of the differences between traditional finance, CeFi, and DeFi, and how DeFi actually works.
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Fintech
·Jul. 28, 2022

Two-Thirds of Public Commenters Oppose US Adopting Digital Dollar: Cato Institute

Research from the think tank, which is against the proposal, shows at least 66% of commenters to the Federal Reserve agree with them.
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Fintech
·Jul. 28, 2022

How CEO Alex Mashinsky Went from Bashing Banks to Bankrupting Crypto Lender Celsius

How could Celsius Network pose “much less risk” than banks, as its CEO claimed, but pay eye-popping returns? It sounded too good to be true. There were other warning signs from the start.
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Fintech
·Jul. 28, 2022

How to increase adoption of DeFi in LatAm

“Europeans see DeFi as an alternative investment, complementary to their salary. In Latin America, it is survival,” said Diego Mazo,...
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Fintech
·Jul. 28, 2022

Stablecoin Bill Officially Delayed Past August, Committee Chairwoman Says

Rep. Maxine Waters has formally shifted the negotiation until after the summer congressional recess, she said in a statement.
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Fintech
·Jul. 28, 2022

Why online banks aren’t sweating the rise in deposit costs

The Federal Reserve’s aggressive tightening is putting some pricing pressure on digital banks that rely on high-yield savings accounts. But the increases are not keeping pace with the central bank’s rate hikes, and the caution may continue in the face of economic uncertainty.
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LendingClub Q2 2022
Fintech
·Jul. 27, 2022

LendingClub posts positive Q2 Earnings

LendingClub announced Q2 2022 results Wednesday, sending the stock price up after showing resistance in the face of turbulent markets.
Read Full Story
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