News Roundup Archives | Page 243 of 715

FST Biometrics has raised $40 million and is developing a solution for facial recognition that detects your identity while you are in motion; the biometric technology presents a new solution for security identification; by detecting your identity it can be used to unlock doors and provide various other types of security access. Source

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Fintech News Roundup USA

·Jan. 16, 2017

FTC Announces Fintech Forum on March 9

The Federal Trade Commission (FTC) will hold a fintech forum focusing on blockchain and artificial intelligence on March 9, 2017; the forum will be the third fintech forum for the FTC; event will be free and open to the public at the University of California, Berkeley. Source

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Fintech News Roundup USA

·Feb. 5, 2020

FTC Files Charges Against LendEDU

LendEDU is a website that claimed to be a place for users...

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Fintech News Roundup USA

·Apr. 25, 2018

FTC Files Complaint Against LendingClub

The complaint stated that LendingClub violated federal laws which protect consumers from unfair and deceptive practices; LendingClub stock price dropped on the news which related to LendingClub’s promise of no hidden fees and a statement to applicants that “Investors Have Backed Your Loan” even though borrowers may not have been approved; some borrowers also experienced overdraft fees when LendingClub withdrew double payments according to the complaint. LendingClub responded to the complaint by issuing a press release. Source

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Fintech News Roundup USA

·Apr. 7, 2020

FT’s Fastest Growing Companies

The list of the Americas’ fastest growing companies highlights 500 businesses and...

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