Bank of America Is Reportedly Piloting Ripple’s Distributed Ledger Technology

October 18, 2019 @ 3:10 pm By Omar Faridi |

Charlotte, North Carolina-based Bank of America (BoA), the second-largest US bank with over $2.3 trillion in total assets, is reportedly testing out Ripple’s distributed ledger technology (DLT)-based financial products. The bank might be planning to do more with the San Francisco-based Fintech firm’s technology. Ripple’s… Read More

Facebook’s Subsidiary Calibra Is Being Sued for Trademark Infringement By Mobile Banking Developer Current

October 13, 2019 @ 12:46 pm By Omar Faridi |

Facebook’s subsidiary Calibra is being sued for trademark infringement by Current, the developer of a mobile banking app. The complaint was submitted on October 10 in the US District Court for the Southern District of New York. It alleges that Calibra’s logo is quite similar… Read More

Current Debit Card & Mobile App For Teens Now Has 200,000 Users

September 12, 2018 @ 3:46 pm By Samantha Hurst |

Current, a U.S.-based fintech company, announced on Wednesday is now has 200,000 users that are using its smart debit card & mobile app service. Founded in 2015 (and launched in 2017), Current states it provides collaborative banking solutions, starting with a smart debit card and app… Read More

Read more in: Fintech | Tagged current, debit cards, fintech, mobile app, teens

Fintech Platform Current Announces Strategic Investment from Fifth Third

February 27, 2018 @ 2:30 pm By Samantha Hurst |

Current, the fintech platform that allows teens to connect their money with the people, brands and experiences they value, announced on Tuesday that Fifth Third Capital, a direct equity investment subsidiary of Fifth Third Bancorp (NASDAQ: FITB), has joined the recently announced Series A funding,… Read More

Read more in: Fintech | Tagged current, fifth third bank, financial services, fintech, investment, money, teenagers

Current Plans $4 Million Airdrop Following $36 Million Private Sale ICO

February 12, 2018 @ 10:55 pm By JD Alois |

Current Media closed its private sale initial coin offering raising $36 million this past week. The company claims that it had signed up 250,000 people interested in the public ICO but management has since decided to skip the public sale and do a $4 million Airdrop… Read More

Read more in: Blockchain & Digital Currency, Offerings | Tagged airdrop, current, mark cuban

Bitcoin Sinks. Why? And What’s Next?

January 16, 2018 @ 3:42 pm By JD Alois |

The price of Bitcoin is tanking today, depending on which exchange you are looking at Bitcoin, or BTC, is hovering over $11,000. It was not that long ago that Bitcoin was barreling down on $20,000 per BTC. But oh, what a day or two makes… Read More