News (808)
Akon Launches Plans for City in Senegal Backed By Titular Cryptocurrency
- Saturday, 18 January 2020
- News
- Written by FinTech News Brief Staff
Singer Akon said he has finalized a deal to build a 2,000-acre city that will run on his Akoin cryptocurrency. So reports Business Insider.
Read more...SEC Warns Investors to Watch Out for 'IEO' Scams
- Saturday, 18 January 2020
- News
- Written by FinTech News Brief Staff
Regulators are warning about a new twist into crypto-fundraising schemes and are cautioning investors to be weary of “initial exchange offerings” or IEO’s. So reads an opinion piece from Quartz.
Read more...'Neggster' Developer Hopes to Promote Fiscal Discipline in Young Bankers
- Saturday, 18 January 2020
- News
- Written by FinTech News Brief Staff
Kasai Guthrie has been developing his youth-centered banking app “Neggster” since he was 10 years old, now he is planning to launch his childhood ambition this summer. So reports Technical.ly Delaware.
Read more...Crypto Scammer Gets 3 Years in Prison After Judge Calls Him 'Evil'
- Saturday, 18 January 2020
- News
- Written by FinTech News Brief Staff
Patrick McDonnell, of New York City, was described by the sentencing judge in his cryptocurrency scam as “evil” after he pled guilty to charges from last summer. So reports The New York Daily News.
Read more...Visa Makes Monster Moves Into Fintech Space with Plaid, VSG Pickupst
- Saturday, 18 January 2020
- News
- Written by FinTech News Brief Staff
Visa made two notable moves recently, first buying fintech startup Plaid for $5.3 billion, then making an undisclosed investment into Very Good Security (VGS), which helps protect data held by fintechs. So reports Crunchbase.
Read more...XRP Traded at 31,000X Market Rate After Confusing Exchange
- Wednesday, 15 January 2020
- News
- Written by FinTech News Brief Staff
XRP, a cryptocurrency widely considered to have reached its all-time high at $3.80, was traded, possibly by accident, for $8,341 in October. So reports BeInCrypto.
Read more...Lazarus Steps Up Cryptocurrency Stealing Game: Report
- Wednesday, 15 January 2020
- News
- Written by FinTech News Brief Staff
Lazarus, a hacking group reportedly operating from North Korea, is allegedly stepping up its cryptocurrency thieving activities. So reports The Next Web.
Read more...Award-winning Irish Startup Selected to 'Highly Competitive' Accenture FinTech Lab
- Wednesday, 15 January 2020
- News
- Written by FinTech News Brief Staff
Irish insolvency startup Cerebreon was selected to take part in “highly competitive” Accenture Fintech Innovation Lab program. So reports Yahoo Finance.
Read more...Switzerland's Ueli Maurer: At Present, Libra Won’t Be Accepted and Has Failed
- Sunday, 05 January 2020
- News
- Written by FinTech News Brief Staff
Ueli Maurer, Switzerland’s minister of finance and outgoing president, said Facebook’s Libra project will need to be reworked if it is to gain regulatory approval. So reports CNBC.
Read more...California Regulators Block Fintech’s 'Buy Now, Pay Later' Service
- Sunday, 05 January 2020
- News
- Written by FinTech News Brief Staff
Regulators in California have blocked fintech startup Sezzle from offering its “buy-now-and-pay-later” service, including its use on sites like Etnies, Jessica Simpson and Madison + Mallory. So reports the Sacramento Business Journal.
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