The UK startup industry could see some help heading its way soon as the government is considering an aid package...
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The lawsuit against Navy Federal has financial institutions revisiting their fair lending practices and considering how AI fits in.
The Mexican operation represents Nubank's second-largest market and is seen as a strategic target in the company's internationalization plan.
Thursday afternoon, the Boston Federal Reserve and MIT Digital Currency Initiative (DCI) released Phase 1 of Project Hamilton.
President Trump is set to sign two executive actions on Friday that take aim at reversing the new financial regulations that were put in place as a result of the 2008 financial crisis; the executive actions will give the labor secretary power to rescind the fiduciary rule and ask the Treasury secretary and regulators to come up with a plan to replace Dodd-Frank; the fiduciary rule was set to go into effect in April and was meant to ensure advisors had their client's best interests at heart; Dodd-Frank was passed in 2010 and began implementation in 2012; the law was meant to limit the chance of another financial crisis like we saw in 2008; uncertainty exists with what will end up happening, but signals show that the fiduciary rule will be struck down and Dodd-Frank will be replaced. Source
The round was led by Cometa and with the new capital, Quinio seeks to scale the businesses of 30 companies in digital channels
Artificial Intelligence Spending Will Surpass $15 Billion, Mainly for Network Optimization and Preventing Fraud: Research NatWest pledges £5bn to SMEs...
Deputy Treasury Secretary Wally Adeyemo said on Tuesday the U.S. dollar will continue to be the world's dominant currency despite interest in cryptocurrencies.
Cybercrime is a growing problem with ID theft hitting a record high in 2016 affecting 15.4 million people; Credit card fraud resulted in $21.84 billion in losses across the world; synthetic identities are a top risk for the banking industry and banks need next-generation KYC tools to protect themselves. Source
Motif Investing provides a unique platform for investors interested in investing in stocks based around different themes; Lend Academy interviews Hardeep Walia in their podcast which provides more details on the investment platform; Motif allows investors to build a thematic investment portfolio with low trading costs; it has over 300,000 investors and is also working with institutional clients. Source