News (805)
Tenpo’s Hybrid Credit Card Seeks Consumer Democratization
- Friday, 27 October 2023
- News
- Written by FinTech News Brief
Fintech Tenpo’s newly launched digital-physical hybrid credit card hit 15,000 issuances in its first month. So reports Contxto.
Read more...SBF Gets Practice Run As Jurors Dismissed Ahead Of Testimony
- Friday, 27 October 2023
- News
- Written by FinTech News Brief
Sam Bankman-Fried testified sans jury as Judge Lewis A. Kaplan decided what would be permissible for jurors to hear in the entrepreneur’s criminal case. So reports AP News.
Read more...FinCEN Proposes New Rule To Treat Crypto Mixers As Money Laundering Tools
- Friday, 27 October 2023
- News
- Written by FinTech News Brief
U.S. regulators are looking at officially reclassifying crypto mixers as money laundering tools that threaten national security. As such, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is proposing a new set of rules aimed at reining in the use of international Convertible Virtual Currency (CVC) mixing services, which it says has been tied to terrorist activities around the world.
Read more...U.S. Customers Can Now Use Crypto to Buy Ferraris
- Friday, 20 October 2023
- News
- Written by FinTech News Brief
Ferrari will allow its U.S. customers to purchase its cars using Bitcoin, USDC and Ether. So reports Road & Track.
Read more...Airwallex Scoops Up Competing Fintech As It Looks to Grow in Latin America
- Friday, 20 October 2023
- News
- Written by FinTech News Brief
Airwallex has agreed to terms to acquire rival payments fintech MexPago in order to bolster its presence in Latin America. So reports CNBC.
Read more...Plaid Brings On Former Expedia CFO Ahead Of IPO
- Friday, 20 October 2023
- News
- Written by FinTech News Brief
U.S. fintech Plaid hired former Expedia executive Eric Hart to serve as its first-ever chief financial officer. So reports The Financial Times.
Read more...Mastercard Announces Major Development in CBDC Interoperability
- Saturday, 14 October 2023
- News
- Written by FinTech News Brief
Mastercard announced it was able to tokenize Central Bank Digital Currencies, or CBDCs, across blockchains. So reports Cointrust.
Read more...Ellison Testimony Paints FTX Founder As Focused Criminal Mastermind
- Saturday, 14 October 2023
- News
- Written by FinTech News Brief
Sam Bankman-Fried’s ex-girlfriend and former top lieutenant Caroline Ellison has delivered explosive testimony in his fraud trial. So reports NPR.
Read more...Gemini India Expansion Includes Investment, New Head of Ops
- Saturday, 14 October 2023
- News
- Written by FinTech News Brief
Crypto exchange Gemini named Sachin Ranglani head of operations in India. So reports Blockworks.
Read more...Militants in Mideast Used Millions In Crypto to Fund Operations: Report
- Saturday, 14 October 2023
- News
- Written by FinTech News Brief
Hamas and other militant groups in the Middle East have used large amounts of cryptocurrency to finance their operations in recent months. So reports The Wall Street Journal.
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