At the Bipartisan Policy Center’s summit on small business recovery on Thursday, Rep. Bill Foster (D-IL) of the US House of representatives credited fintech for helping small businesses survive pandemic-influenced hardships.
Circle Internet Financial, announced today that it has terminated its existing business combination and agreed
LendIt Fintech has added a new in-person event in Europe called Merge: Where Banking and Fintech meet Web3.
Join Uma Coppa, from Chime, and Mike Cook, from Socure, who will share insights, fraud trends, and actionable strategies.
The fraud landscape is constantly changing and evolving with things like synthetic fraud increasing the costs consumers, businesses and governments are paying; synthetic identities are identities which are not tied to a real person; according to Pat Phelan from TransUnion, fraudulent transactions are currently costing the US $50 billion per year; Phelan talks with PYMNTS.com about some of the factors companies should consider when managing fraud and how businesses are managing fraud prevention programs overall. Source
Bloomberg published a note in the last few days saying Bitcoin could double to $20,000 before the year is over;...
Ernst & Young announced a new suite of blockchain audit technologies; EY Blockchain Analyzer looks to assist audit teams to gather transaction data from multiple blockchain ledgers; Paul Brody, EY Global Innovation Blockchain Leader, tells Crowdfund Insider, “Understanding exchanges and cryptocurrencies is the first step in our ability to develop tools to test various blockchain-based business contracts. EY Blockchain Analyzer will be utilized by the auditor to analyze transactions on a blockchain and help provide insight to the finance function.” Source.
The move by Goldman is a sign of increased demand from large investors for information and analysis about cryptocurrencies and related fields like DeFi.
With Wirecard causing major headaches for European fintech companies Revolut is one company poised to take advantage of the situation...
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.