After already making $150m from Nubank’s IPO.
The firm behind USD Coin has renegotiated its transaction terms with Concord Acquisition, pushing back the termination date to as late as Jan. 31, 2023.
PrimaryBid said it will use the funds to expand its business in continental Europe and also plans to launch in new markets including the US.
Consumers still turn to desktop computers most to do their banking, but preferences are changing, new research shows.
Eun Young Choi, a senior counsel for cybersecurity at the department, will be in charge of the federal effort to chase thieves and fraudsters involved with digital assets.
Investors are souring on BNPL companies despite strong consumer demand, as the business model for short-term installment loans faces fee pressure, heightened competition from banks and the specter of a regulatory crackdown.
The Bank of England report details the findings of a forum spearheaded by the Bank of England and the FCA scrutinising the merits, challenges and governance of AI within financial services.
“Everything was a lie,” said one woman lured into a recent scam.
The lending space has come a long way since the original online lending pioneers came on the scene 15 years ago. Today, so much underwriting is done instantly, disbursements can be instant (even on weekends) and the loan application experience is quick and easy. Many lenders have expanded into new product lines to keep their customers engaged. Our next guest on the Fintech One-on-One podcast is Tom Burnside, the CEO and Co-Founder of LendingPoint. Tom was last on the show […]
Who hacked The DAO in 2016, diverting 3.6 million ether? We identify the apparent hacker — he denies it — by following a complicated trail of crypto transactions and using a previously undisclosed privacy-cracking forensics tool.