News (805)
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.
Read more...AI Set to Make Big Moves in 2020: Prediction
- Sunday, 05 January 2020
- News
- Written by FinTech News Brief Staff
Artificial Intelligence, bolstered by enriched natural language processing, will lead to more personalized financial services in 2020 and beyond. So reports Crowdfund Insider.
Read more...Bill.com Enjoys Tremendous Debut Trading Day
- Thursday, 12 December 2019
- News
- Written by FinTech News Brief Staff
In its first day of trading, fintech Bill.com jumped 61% over it’s $22 debut price. So reports CNBC.
Read more...Four African Cities Make Inaugural 'Global Fintech Index City Rankings'
- Friday, 06 December 2019
- News
- Written by FinTech News Brief Staff
African fintech startups are thriving, and four cities made it onto the first-ever “Global Fintech Index City Rankings.” So reports Quartz Africa.
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