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News (805)

Frank Founder Facing Lawsuit from JPMorgan for Allegedly Fabricating 4.27M Customers

Charlie Javice, who sold her college affordability fintech to JPMorgan in 2021, is now being sued by financial services giant for allegedly faking its customer base. So reports Fortune.

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Full Steam Ahead Into Web3: Square Enix Prez

Final Fantasy game maker Square Enix is moving full steam ahead into the Web3 market even as cryptocurrency prices remain suppressed and members of the online community vocally oppose NFT-driven gaming. So reports Decrypt

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Coinbase, NYS Come to $100M Agreement Over Alleged Compliance Violations

Coinbase will pay $100 million in fees after reaching a deal with the New York State Department on Financial Services. So reports NPR.

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BharatPe Turmoil Continues As CEO Steps Down

Indian fintech BharatPe made some more big changes to its leadership team with chief executive Suhail Sameer stepping down from the top job. So reports TechCrunch

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As Rates Spiked, Fintech Investors Hemorrhaged Cash in '22

Fintech stocks had a particularly rough 2022, underperforming compared to traditional tech and finance companies. So reports The Wall Street Journal.

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Insurance Space Prepares for Pros and Cons of Inevitable Fintech Union

In order to leverage the maximum potential of emerging financial technologies, and mitigate their inherent risks, the International Association of Insurance Supervisors (IAIS) released a new report highlighting key interactions between insurance and technology as well as some green and red flags to consider.

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BMW Turns to Blockchain for New Loyalty Program Launching in Thailand

BMW is integrating blockchain technology into both daily operations and a new loyalty program for the company’s customers living in Thailand. So reports Cointelegraph.

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BTC.com Victim of $3M Crypto Hack

BTC.com was ripped off for $3 million worth of assets in a recent cyber-attack. So reports Bleeping Computer.

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SHIB Mascot Falls 'Gravely' Ill: Owner

Kabosu, the 17-year-old Shiba Inu that served as the inspiration for the now-famous “doge meme” is no longer drinking and eating on her own volition. So reports The New York Post

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FBI Issues Fresh Warnings Over 'Pig Butchering' Crypto Scams

The FBI is warning prospective cryptocurrency investors to beware of increasingly pervasive attempts to rip them off. So reports CNN.

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