Tagged: us

Global Fintech Adyen Creates Fundraising Campaign for those Affected by LA Wildfires

Global Fintech firm Adyen (AMS: ADYEN) recently revealed that it is launching an emergency fundraising campaign for businesses on the platform in order to enable their customers to fundraise for those affected by the wildfires in Los Angeles with Americares. For this particular campaign, businesses… Read More

B2B Payments Fintech Billtrust Announces 2024 Milestones Supported by AI-Enhanced Innovation

Billtrust, a B2B order-to-cash and digital payments firm, reported 2024 business highlights which helped reportedly companies improve customer experiences and enhance their financial health. Billtrust CEO Sunil Rajasekar said: “In 2024, our team provided more tools than ever to help B2B finance teams gain deeper… Read More

Wealth Management for UHNWIs: Merrill Introduces Ultra-High-Net-Worth Advisory Group

Merrill Wealth Management announced the launch of its Ultra-High-Net-Worth (UHNW) Advisory Group, a team of more than 25 Merrill specialists who will partner with advisors to deliver comprehensive wealth and investment solutions to UHNW clients and connect them to Bank of America’s (NYSE: BAC) breadth… Read More

Bitcoin Mining Firm Riot Platforms Releases Latest Production and Operations Updates

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant focused on vertically integrated Bitcoin (BTC) mining, announces unaudited production and operations updates for December 2024. Jason Les, CEO of Riot said: “Riot mined 516 bitcoin in December, a 4% increase over the previous month, as we… Read More

Real Estate Report: Buffalo, New York Projected to Be Hottest Major Property Market in 2025

Buffalo, New York, will be the hottest major property / real estate market in 2025, according to a new analysis by Zillow (Nasdaq: Z and ZG), the first time a market has held the title in back-to-back years. Real estate firm Zillow noted in its… Read More

Bitcoin Mining Firm MARA Holdings Releases Unaudited BTC Production, Miner Installation Updates

MARA Holdings, Inc. (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation,  recently released unaudited BTC production and miner installation updates for December 2024. Fred Thiel, MARA‘s chairman and CEO said: “In December, we surpassed our year-end hash… Read More

Anchorage Digital to Continue Enabling Regulated Institutional Access to Crypto-Assets in 2025

From spot ETF approvals to market momentum, 2024 was a defining year for crypto, according to an end of year recap from Anchorage Digital. As the ETFs unlocked tens of billions in latent demand, the ecosystem continued to mature—driven by “better market structure, tokenization of… Read More

US Credit Card Defaults Surge to $46B in First 9 Months of 2024

US credit card defaults have reportedly surged to $46 billion in the first 9 months of 2024, which is said to be the highest since 2010. Credit card defaults are now up more than 50% year-over-year. And defaults of seriously delinquent credit card loan balances… Read More

UK, China May Achieve Solid Economic Growth in 2025 But US Protectionist Measures Could Impact Progress – Analysis

Standard Chartered (LON: STAN) expects global economic growth, led by nations such as the UK, China, and the US, to be broadly flat in 2025, slowing slightly to 3.1% from 3.2% in 2024. This, following the recent US elections. Standard Chartered noted in its detailed… Read More

CFPB Director Issues Statement on Developments Regarding Large Asset Manager Ownership of Banks 

CFPB Director Rohit Chopra has issued a statement on developments regarding large asset manager ownership of banks. Rohit Chopra noted that the US has understood the importance of preventing commercial interests from “gaining an unfair advantage by consolidating ownership of railroads, electric utilities, banks, and… Read More

US Department of Justice Files Complaint Against Fintech Firm Dave, CEO Jason Wilk Alleging “Deceptive” Practices in Violation of Federal Law

The US Department of Justice (DOJ), together with the Federal Trade Commission (FTC), announced a civil enforcement action against Dave Inc. and its co-founder, President, Chief Executive Officer, and Chairman of the Board of Directors, Jason Wilk, for alleged violations of the FTC Act and… Read More

Zumo CEO Says Blockchain Tech May Streamline Banking, Lending, Enhance KYC, AML

Nick Jones, Founder and CEO, Zumo, has shared three trends that he thins will shape the digital assets sector in 2025. According to Nick Jones from Zumo, the regulatory gaze will intensify. He noted that it is fair to say that regulation usually “lags behind… Read More

US Venture Capital Funding Reaches $125B During Jan-Nov 2024 – Report

The US-based startup ecosystem witnessed announcements of a total of 4,463 venture capital (VC) deals during the period from Jan to Nov 2024 with a disclosed funding value of $125 billion, marking a considerable YoY improvement in total funding value despite a “decline in the… Read More

US Consumer Spending Report: Retail Sales Increased Nearly 4% YoY

According to preliminary insights from Mastercard (NYSE: MA)  SpendingPulse, U.S. retail sales excluding automotive increased 3.8% YoY from Nov 1 through Dec 24. Mastercard SpendingPulse reportedly measures in-store and online retail sales, representing “all payment types and is not adjusted for inflation.” Michelle Meyer, chief… Read More

Real Estate Marketplace Pacaso Releases US Luxury Vacation Home Markets Report

Pacaso, the technology-enabled real estate marketplace that helps people buy, co-own, and sell a luxury vacation home, released its fourth annual Top Vacation Home Markets Report, identifying the “leading” luxury vacation home markets for 2024. The report reveals the top 20 counties across the United… Read More

Binance.US CEO Predicts 2025 Will Be Breakout Year for Digital Assets Exchange

Binance.US’s year-end insights provide a meaningful outlook covering key developments this year and the general outlook for 2025 as well. Interim CEO Norman Reed has highlighted important milestones from the past year for the company and also shared details on features coming to the platform… Read More

MoonPay Granted Money Transmitter License By Texas Department of Banking, Enabling Frictionless Crypto Purchases

MoonPay is pleased to announce that the Texas Department of Banking has granted MoonPay a Money Transmitter License in order to provide money transmission services in the Lone Star State. Starting now, Texas residents are reportedly able to purchase 64 different cryptocurrencies on MoonPay with… Read More

BizEquity and Biz2Credit to Enable Embedded Finance, Support Small Business Access to Capital

BizEquity, a platform that provides business valuation services, announced a partnership with Biz2Credit, a small business funding platform, to help secure business financing for US-based clients. The firms will reportedly launch financing options via an embedded financing solution within the BizEquity platform powered by Biz2Credit’s… Read More

SEC Orders Tai Mo Shan to Pay $123 Million for “Negligently Misleading” Investors About Stability of Terra USD

The US Securities and Exchange Commission (SEC) recently charged Tai Mo Shan Limited with misleading investors about the stability of Terra USD (UST), a purported “algorithmic stablecoin” issued by Terraform Labs PTE Ltd. (Terraform), when UST dropped from its “purportedly fixed exchange rate of 1… Read More

Real Estate Report: Erratic US Mortgage Rate Movements May Continue to Play Major Role in Property Markets

Erratic and dramatic mortgage rate movements that heavily influenced the housing market in 2024 are destined to “play a major role” in the coming year, according to real estate firm Zillow‘s (Nasdaq: Z and ZG) latest market report. Zillow Chief Economist Skylar Olsen said: “There’s… Read More

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