Senator Sherrod Brown (D-OH) warned that some fintechs are potentially dangerous, and make users vulnerable to losing their money. The Senator’s comments are blatantly wrong, and I’m sure he knows they are.
One of the most important and least-discussed points made in the UK House of Lords report on CBDC was nothing to do with payments or money at all. The report notes that witnesses told the Committee that “a CBDC would need to be attached to a digital identification system",
Funding Circle announced a partnership last month with global mailing company Pitney Bowes Inc. to provide loans to SMBs.
CFPB Director Rohit Chopra made it clear that repeat offenders of consumer protection laws will face harsher penalties than ever before.
Ripple's fight against a lawsuit from the Securities and Exchange Commission has gone "exceedingly well," CEO Brad Garlinghouse said.
The Lazarus Group has allegedly stolen nearly $2 billion of crypto since 2017....
Global adoptions makes regulating crypto inside national siloes futile.
The bosses of several major crypto companies say governments are beginning to take a more positive approach to the sector.
Quontic Bank recently announced that it has introduced the "first ever" tap-to-pay mobile payment ring to the US market.
Its API technology can approve businesses for the BNPL in seconds so they can begin offering the installments.