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Fintech

Fintech
·Nov. 18, 2021

‘Criminals love buy now, pay later’: How fraudsters exploit popular interest-free payment plans

LONDON — Buy now, pay later services aren’t just popular among consumers. They’re also proving to be a hit with...
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Fintech
·Nov. 18, 2021

There are many signs that fintech is in a bubble, billionaire investor Flowers says

Billionaire investor J. Christopher Flowers is worried there’s a bubble emerging in the financial technology market. Read the full article...
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Fintech
·Nov. 18, 2021

They’re Actually Going to Buy the Constitution

It was Tuesday night in the ConstitutionDAO discord. Users posted the same questions that the mods had answered hundreds of times already. “Wen constitution fren?” wrote apelord37. Another begged the number to hit $6 million already just so they could go to sleep. It was a weak milestone. The earlier thresholds had been more exciting....
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Fintech
·Nov. 18, 2021

Banks and Credit Unions Wade Into Crypto Banking (And Why)

You may not 'get' Bitcoin, Ether, Litecoin or their cousins yet, but three financial institutions' experiences suggests there's potential.
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Fintech
·Nov. 18, 2021

Is this a partnership or a one-night stand?

I was fascinated to see a lawsuit in America where a FinTech start-up (Onsa) claims a financial incumbent (Franklin Templeton) has stolen their ideas: Franklin Resources Inc. destroyed a blockchain startup to get its technology and a “short cut” into the booming fintech market, a group of investors claimed in …
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Fintech
·Nov. 18, 2021

Nvidia crypto mining chip sales dropped 60% sequentially in Q3

Even as prices for digital currencies have soared throughout 2021, Nvidia has not cashed in on making the digital "shovels" for miners.
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Fintech
·Nov. 18, 2021

Crypto.com coin rallies after the company buys the naming rights to the Staples Center

Crypto.com, a cryptocurrency trading platform, secured a 20-year contract deal worth $700 million with the Anschutz Entertainment Group (AEG) to...
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Fintech
·Nov. 18, 2021

SEC Reportedly Looking Into BlockFi’s Crypto Yield Products

The crypto lender was already in hot water with a number of state securities regulators earlier this year.
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Fintech
·Nov. 18, 2021

Fed governor urges restraint in regulating stablecoin providers

Christopher Waller, a member of the Federal Reserve Board, warned that blocking nonbank entry into payment systems would stifle innovation. His remarks appeared to contradict a recent report in which Fed Chair Jerome Powell and others recommended that only banks be allowed to issue stablecoins.
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Fintech
·Nov. 17, 2021

Canny wins Europe PitchIt Startup competition

Today, the eight finalists pitched virtually in front of several leading VCs, and one came out on top. At the finale of the pitch competition, Canny Co took the gold prize.

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