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SoFi Brings Crypto Back After Trump Policy Changes
Tuesday, April 29, 2025 - 4:42pm | 412SoFi Technologies, Inc. (NASDAQ:SOFI) plans to bring cryptocurrency investing back to the firm by the end of 2025, citing a major shift in the regulatory environment under the Trump administration. What To Know: SoFi was forced to discontinue its crypto investment services in late 2023 as a...
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15-Minute City London Aims To Be A Hotbed For Startups, Venture Capital Once Again
Tuesday, October 24, 2023 - 11:55am | 774Following Brexit and the Covid-19 pandemic, the U.K. economy was expected to shrink. And it did. However, major investment firms haven't given up on London. For example, Andreessen Horowitz picked London as its international base. “This is a win for us,” said London & Partners...
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Fraud, Scams And Contagion Risk: FDIC Outlines Risks And Seeks 'Proposals' From Banks Dealing With Crypto
Wednesday, January 4, 2023 - 10:56am | 273The cryptocurrency sector was a mess in 2022. "The events of the past year have been marked by significant volatility and the exposure of vulnerabilities in the crypto-asset sector," according to a joint statement from the Board of Governors of the Federal Reserve System, the Federal...
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When Fraud Risk Management Practices Lead To Consent Orders - A Lesson For Banks And Fintechs
Tuesday, September 20, 2022 - 2:50pm | 940By Christina Hunt-Fuhr Recent Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC) enforcement actions against Bank of America (NYSE: BAC) might seem narrow in scope due to their specificity, but their implications are broad. The actions highlight...
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Fintech Focus For May 20, 2021
Wednesday, May 19, 2021 - 7:53pm | 1682Quote To Start The Day: “Too often we enjoy the comfort of opinion without the discomfort of thought.” Source: John F. Kennedy One Big Thing In Fintech: TradeZero America, a commission-free trading platform, formally announced the launch of cryptocurrency trading. In celebration of...
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Fintech Focus For April 21, 2021
Tuesday, April 20, 2021 - 8:53pm | 2737Quote To Start The Day: In order to be irreplaceable one must always be different. Source: Coco Chanel One Big Thing In Fintech: The rise of fintech innovation and demand for online banking tools amid the pandemic has propelled Latin America to undergo a digital transformation. Large banks in the...
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Fintech Focus For April 20, 2021
Monday, April 19, 2021 - 7:52pm | 2247Quote To Start The Day: "Many of life's failures are people who did not realize how close they were to success when they gave up." Source: Thomas A. Edison One Big Thing In Fintech: Earlier this month, Bakkt, a digital-currency fintech that specializes in concurrency, rewards and...
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Fintech Focus For April 7, 2021
Tuesday, April 6, 2021 - 6:46pm | 2410Quote To Start The Day: An unexamined life is not worth living. Source: Socrates One Big Thing In Fintech: Fidelity Investments, Square Inc. and several other financial firms are forming a new trade group that aims to shape the way bitcoin and other cryptocurrencies are regulated. Source: WSJ...
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Fintech Focus For January 6, 2021
Tuesday, January 5, 2021 - 10:16pm | 1927Quote To Start The Day: If you think you can do a thing or think you can’t do a thing, you’re right. Source: Henry Ford One Big Thing In Fintech: Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest...
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Fintech Focus For December 30, 2020
Tuesday, December 29, 2020 - 7:14pm | 1342Quote To Start The Day: “Crisis can be… a catalyst or can speed up changes that are on the way — it almost can serve as an accelerant.” Source: Arun Sundararajan One Big Thing In Fintech: Anthony Scaramucci's Skybridge Capital has already invested as much as $182...
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Fintech Focus Roundup For November 14, 2020
Saturday, November 14, 2020 - 10:52am | 2780Meet Sharesies, The Investment App For Millennials The Nitty-Gritty: Founded in 2016, Sharesies is a fintech specializing in democratized stock market investing. The company is one of many other brokers that have popped up around the world, helping unlock low-cost access to listed companies and...
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5 Brokerage Execs On 2020 Market Trends: 'Trading Has Become Cool Again'
Wednesday, November 11, 2020 - 11:57am | 698Lockdowns during the coronavirus pandemic have prompted a rise in speculative retail trading activity that's reflected in increased client order flow. The trend was the topic of discussion among five market experts Tuesday at the Benzinga Global Fintech Awards in a panel...
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Fintech Focus For September 22, 2020
Monday, September 21, 2020 - 7:33pm | 1543Quote Of The Day: A friend is one soul abiding in two bodies. - Aristotle Fintech Movers: Federally chartered banks can hold reserve funds for stablecoin issuers, according to new guidance from the U.S. Office of the Comptroller of the Currency. - Block Binance creates exclusive Innovation Zone....
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Fintech Focus For August 12, 2020
Tuesday, August 11, 2020 - 6:38pm | 2605Daily Perspective: Growth can heal a lot of sins. - Cathie Wood Fintech Movers: American Express Company is in talks with Kabbage, an online fintech lender backed by Softbank, over an $850 million acquisition. - Benzinga Finicity: The COVID Credit Crisis. Infor, CIBC, SunStream partner. A GM...
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Fintech Focus For August 4, 2020
Tuesday, August 4, 2020 - 11:09am | 2800Daily Perspective: Don’t count the days, make the days count. - Muhammad Ali Fintech Movers: In Latin America, women are stepping up as fintech leaders, with five times as many female-founded fintechs as the global average. - Crunchbase Quantamental investment strategy shines. Virtu...