“Axie Infinity” publisher Sky Mavis Ltd. said on March 23, hackers infiltrated a part of its Ronin Network, which the game runs on.
With regulation taking center stage, there's an opportunity for banks to take the place of some large BNPL providers and lead the space.
AltFi reports that Ranger Direct lending Fund could see the second half dividend payout cut in half as compared to the first half of 2017; they cite legal fees, downward revisions to expected returns of platforms and cash drag due to reallocation of funds from closing platforms. Source.
International cross-border banking system SWIFT announced it was building integration with Chainlink.
Consumer Financial Protection Bureau Director Rohit Chopra should exercise his power to extend the full protections of Regulation E and the Fair Credit Billing Act to the booming installment loan sector, the advocacy group U.S. PIRG says.
Chinese authorities on Monday ordered a ban on initial coin offerings (ICOs); a PBoC statement ordered that ICO activities should be halted starting from Monday, and ICO platforms should not engage in exchange services between fiat currencies, virtual coins and tokens; two of China's leading ICO platforms, ICOAGE and ICOINFO, had already halted services before the official statement came out. Source
Plaid acquired competitor Quovo earlier this year and has just announced their first offering through the company, Investments; the new...
Ping An pushes into Indonesia’s fintech space In strategic shift, TIAA to close dozens of mortgage offices Orca launches industry-wide...
The pandemic has helped to accelerate a number of changes in financial services as banks have been forced to shift...
With major players such as Plaid pushing forward the pay-from-bank-account ecosystem, it may not be too long before your supermarket QR-driven wallet will offer you double points for defaulting to that option and paying without cards.