Binance said it will not "unilaterally freeze millions of innocent users' accounts," but would block the accounts of individuals on sanctions lists.
The firms are working to make this subset of cryptocurrency — which is designed to avoid wild swings in valuation — easier to adopt and more useful for routine transactions by focusing on "last mile, or user experience layer," says Jeremy Allaire, Circle's CEO.
The bank’s unified digital plans include personalization and a customized mobile dashboard encompassing all the business a customer does with BofA.
Ukraine's government has raised more than $10 million in cryptocurrency donations, according to blockchain analytics firm Elliptic.
The latest in a host of measures as the fintech also looks to safeguard its c.50 developers in Ukraine.
Welcome to my new weekly fintech focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff on all things startups! And if you want to have this hit your inbox directly once it turns into a […]
This week many of us were glued to our TVs (or TikTok videos) as we watched in horror as Russia invaded Ukraine. Fintech, particularly crypto, will come under the spotlight here as sanctions start to bite so we have a couple of stories on that. We also share the thoughts of the former Chief Innovation Officer at the FDIC, SoFi’s latest acquisition, Citi’s move on overdrafts and more. Here are what I consider to be the top ten fintech news […]
Hope is the author of Open Banking and the rise of Banking-as-a-Service, a recent Temenos whitepaper that dives into these issues.
With tensions high between Russia and the West, Synechron is looking to develop a real-time kill switch that can shut down a malware threat. The company’s PayTech Accelerator is also focusing on the opportunity for banks in buy now/pay later lending.
JPMorgan Chase is preparing to go all-in on private companies. Read the full article at: www.cnbc.com...