Einat Steklov, Co-Founder at Kashable, Provides Insights on Lending Options and How the Firm Is Making A Major Difference in Employees’ Lives

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    Many hardworking employees are finding themselves trapped in the cycle of high-interest loans, forcing them to deplete their savings or retirement funds and compromise their long-term financial security. When customers were asked by Kashable, a provider of “socially responsible” credit and financial wellness… Read More

 

 




Small Business & Entrepreneurship Council Warns About Damaging Policies Advocated by the Harris Campaign

Following Vice President Kamala Harris’s proposal to boost the startup deduction if elected President, the Small Business & Entrepreneurship Council (SBE Council) posted its feedback on the policy. Harris has recently highlighted her vision of fostering an economy of opportunity. While details are few, the startup… Read More

Financial Regulators Warn Consumers About Relationship Scams Like Pig Butchering, Crypto Scams

The SEC’s Office of Investor Education and Advocacy (OIEA), the Commodity Futures Trading Commission’s Office of Customer Education and Outreach (OCEO), the Financial Industry Regulatory Authority (FINRA), and the North American Securities Administrators Association (NASAA) have jointly issued a statement cautioning consumers on affinity or… Read More

Insurtech Akur8 Expands Core Capabilities with Acquisition of Arius Reserving Solution

Akur8, an insurance pricing solution, has announced its acquisition of Arius, a P&C reserving software for insurers and reinsurers. Boasting a “robust” U.S. presence and a reputation for excellence, Arius’s portfolio “includes 150 insurance and consulting clients and over 1,500 users.” More than one-third of… Read More

Experian and Oakbrook to Provide More Competitive Loans to Consumers in the UK

Experian has announced that Oakbrook, a non-bank provider of consumer lending solutions, will now be using Experian Boost data in its decisioning process for personal loan applications. This partnership will increase access to credit “for customers who traditionally may not have been eligible – driving… Read More

Fintech Synpulse Supports Judo Bank in Achieving Go-Live on Core Banking Platform

Synpulse, a global management consulting firm and partner to major banks, is proud to announce the successful go-live of Judo Bank’s new core banking platform, powered by Thought Machine, a banking technology company. This significant achievement, completed in just 12 months, “saw the launch of… Read More

SEC Announces New Members to the Investor Advisory Committee, Meeting on September 19th

The Securities and Exchange Commission (SEC) has announced new members on the Investor Advisory Committee (IAC). While having no regulatory authority, the IAC advises the Commission on issues impacting investors. Each member serves a term of 5 years. More members are expected to be announced… Read More

SEC Said Keurig Stretched Truth on Recyclability, Company Settles by Paying $1.5 Million Penalty

Popular coffee capsule company Keurig will have to pay a $1.5 million penalty as the Securities and Exchange Commission (SEC) claims it made “inaccurate statements regarding recyclability of K-Cup beverage pods.” The SEC claims that Kuerig stated in annual reports that their pods could be… Read More

Brazil: EBANX Predicts its Payments System Pix Will Top Credit Cards for Online Purchases in 2025

Payments platform EBANX is predicting its Pix service will top credit cards for online purchases in Brazil by 2025. According to a company statement, by 2025 Pix will account for 44% of all value transacted in online purchases in Brazil, Credit/Debit cards will are expected… Read More

FBI Releases Latest Crypto Fraud Report: Over $5 Billion Lost to Fraudulent Activities

The Federal Bureau of Investigations (FBI) has published the 2023 Cryptocurrency Fraud Report. The FBI released its Cryptocurrency Fraud Report for the past year. In 2023, the FBI’s Internet Crime Complaint Center “received more than 69,000 complaints from the public regarding cyber-enabled crime and financial fraud… Read More

Paxos Expands to Arbitrum with Plans to Bring Tokenization Platform to the Network EMBARGO

Paxos and the Arbitrum Foundation say the infrastructure firm will now integrate with Arbitrum, a Layer 2 (L2) scaling solution for Ethereum. According to a company statement, Arbitrum is the first L2 network to connect with Paxos. Paxos is a compliance-first blockchain ecosystem that can… Read More



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Report Slams Tether and USDT as Enabling Scammers, Other Bad Actors

Tether and its dollar-based stablecoin USDT is taking a beating this morning, courtesy of WSJ.com. In a report, the news site hammers Tether as “undermining America’s fight against arms dealers, sanctions busters, and scammers.” Tether is the 3rd most popular crypto in the world, with… Read More

Tokeny to Work with 21X, to Enable a Blockchain (DLT) Trading and Settlement System

European tokenization platform Tokeny says it will now connect DINO to work with 21X a DLT (distributed ledger technology) trading and settlement system (DLT TSS). This is the first platform to operate under the new European Union DLT ecosystem. Tokeny’s DINO is an open distribution… Read More

BBVA Incorporates Stablecoin USDC into Digital Assets Service in Switzerland

BBVA’s institutional and private banking clients in Switzerland, as well as those with a NewGen account, can now manage their USDC funds on the same platform where they handle their traditional investments. They can exchange, custody, or automatically “convert USDC in near real-time into euros,… Read More

Chainalysis Explains How its Investigations Solution Helps Identify, Seize Illicit Crypto Assets

In the world of law enforcement, the ability to seize cryptocurrency has become crucial, according to an extensive update from Chainalysis. As digital currencies play a significant role in criminal activities, the stakes are “higher than ever.” Chainalysis also mentioned that missing even a single… Read More

UK’s Lettings Platform Rentd Acquires £349,661 via Republic Europe

Rentd is said to be one of the UK’s most innovative full-service lettings platforms. Rentd has acquired 77% (or £349,661) of its £450,001 target via its crowdfunding campaign carried out via Republic Europe. The fundraising effort is closing soon and contributions have been received from… Read More

Regtech Sumsub Announces Local Data Processing Capabilities for APAC Region

Sumsub has announced that Local Data Processing (LDP) capabilities are now available in the Asia-Pacific (APAC) region, specifically in Singapore, Hong Kong, Indonesia, and the Philippines. This infrastructure reaffirms Sumsub’s dedication to “ensuring data privacy and regional compliance, following the successful launch in the MEA… Read More

Web3 Security Incidents in August Led to $316 Million in Estimated Losses – SlowMist Update

In August 2024, the total losses from Web3 security incidents were estimated to be around $316 million. According to the SlowMist Hacked Archives, 28 hacking incidents were recorded, resulting in approximately $253 million in losses, with $13.58 million being recovered. The incidents were caused by… Read More

UK’s PensionBee Research Study: Automatic Enrollment Extension May Hand Student Workers a £5K Pension Boost

Student workers could add thousands of pounds to their pension if the Government presses ahead with the extension of automatic enrolment to 18-year-olds, according to new research from PensionBee, the online pension provider. More than half of full-time students “work an average of 14.5 hours… Read More

Bitcoin Mining Insights: Hash Price Considered a Key Metric BTC Miners Use to Measure Current, Potential Revenue

Konrad Fitzpatrick, a mining analyst at Compass Mining, notes that hash price is a critical metric that bitcoin miners use to measure their current and potential revenue. Compass Mining explains in a blog post that hash price is the “amount of bitcoin a miner can… Read More

PwC Introduces Beacon: SaaS Solution for Pillar Two Compliance, Platform to Streamline Tax Calculations

PwC announces the launch of Beacon, an innovative international tax platform that promises to bring agility, efficiency and speed to tax calculations. As global tax regulations continue to evolve, Beacon is designed “to help multinational organizations navigate the complexities of the OECD’s Pillar Two framework,… Read More

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