Month : November 2021

CFPB Orders Tech Giants to Turn Over Information on their Payment System Plans
Digital Payments News

CFPB Orders Tech Giants to Turn Over Information on their Payment System Plans

Fintech News Desk
by Fintech News Desk0
Orders will help CFPB monitor for data surveillance, access restrictions, and other consumer protection risks as payments technologies and markets evolve The Consumer Financial Protection Bureau (CFPB) issued a series of orders to collect information on the business practices of large technology companies operating payments systems in the United States.......
Foxquilt Announces US Expansion
InsurTech News

Foxquilt Announces US Expansion

Fintech News Desk
by Fintech News Desk0
The small business insurance provider also introduced new solutions for contractors in Canada Foxquilt, a leading North American insurtech company focused on empowering small business owners with customized insurance products uniquely matched to their needs, announced that its commercial insurance offerings will be available to small business owners in the......
Bitcoin Mining and Infrastructure Company PrimeBlock Appoints Former Goldman Sachs Crypto Investment Banker as New CEO and Adds Alan Konevsky, Most Recently Interim CEO and Chief Legal Officer at tZERO, as Chief Legal Officer
Banking Investments News

Bitcoin Mining and Infrastructure Company PrimeBlock Appoints Former Goldman Sachs Crypto Investment Banker as New CEO and Adds Alan Konevsky, Most Recently Interim CEO and Chief Legal Officer at tZERO, as Chief Legal Officer

Fintech News Desk
by Fintech News Desk0
Prime Blockchain inc. (PrimeBlock), a digital asset mining and infrastructure provider, announced that Gaurav Budhrani, former Goldman Sachs VP who was spearheading the crypto investment banking coverage, and Alan Konevsky, most recently Interim CEO and Chief Legal Officer at tZERO Group and former Managing Director at Goldman Sachs, have been......
Yeahka Invests RMB100 million for 60% Equity of Qianqianhui To Expand In-store E-commerce Business
E-commerce News

Yeahka Invests RMB100 million for 60% Equity of Qianqianhui To Expand In-store E-commerce Business

Fintech News Desk
by Fintech News Desk0
Yeahka Limited, a leading payment-based technology platform in China, announced that it has entered into an investment agreement with Dingding Cultural Tourism (Chengdu) Co., Ltd. (the parent company of Qianqianhui, “Qianqianhui“) and other participating parties, to invest RMB100 million as registered capital and capital reserve of Qianqianhui. After the acquisition, Yeahka will hold 60% of......
Data Shows Smaller Discounts, Fewer CTAs Lead to Better Sales During Black Friday
E-commerce News

Data Shows Smaller Discounts, Fewer CTAs Lead to Better Sales During Black Friday

Fintech News Desk
by Fintech News Desk0
A new report from Omnisend reveals what kind of BFCM email elements—products, buttons, words, subject lines, etc.—lead to the highest engagement and, most importantly, sales Ecommerce brands around the world are preparing their Black Friday-Cyber Monday campaigns to take advantage of the biggest sales season of the year. However, while......
Mastercard Partners with Leading Digital Currency Companies Across Asia Pacific to Launch the Region’s First Crypto-Linked Payment Cards
Cryptocurrency Digital Payments News

Mastercard Partners with Leading Digital Currency Companies Across Asia Pacific to Launch the Region’s First Crypto-Linked Payment Cards

Fintech News Desk
by Fintech News Desk0
The trio of partnerships with Amber, Bitkub and CoinJar make it easier for consumers and corporates to spend cryptocurrency on physical or digital Mastercard payment cards In partnership with Mastercard, three leading cryptocurrency service providers in Asia Pacific will be launching crypto-funded Mastercard payment cards. For the first time, consumers......
Gold vs. Crypto Debate is Skewed Toward Bitcoin's Bull Run, Notes Kalkine Media
Cryptocurrency Featured Investment Services News

Gold vs. Crypto Debate is Skewed Toward Bitcoin’s Bull Run, Notes Kalkine Media

Fintech News Desk
by Fintech News Desk0
Many big-ticket investors, both high net individuals and institutions, are claiming that today’s record-high inflation can be fought better by parking money in cryptocurrencies, particularly Bitcoin. Low rates may go, inflation may stick As of now, central banks have been maintaining liquidity. Jobs are being created in the US and Canada,......
PDX Coin to Introduce First True Crypto-to-Fiat Payments and Banking Platform, Sidestepping Antiquated Payment Systems
Banking Cryptocurrency Digital Payments Mobile Banking News

PDX Coin to Introduce First True Crypto-to-Fiat Payments and Banking Platform, Sidestepping Antiquated Payment Systems

Fintech News Desk
by Fintech News Desk0
Company will deliver streamlined peer-to-peer payments transactions using the blockchain, ensuring vastly lower fees for merchants PDX Coin announced it is developing a new global digital banking platform for the crypto-economy that will offer widespread retail crypto-to-fiat payment capability. The high-speed, bank-friendly payment platform delivers a modern alternative to the......
FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches
Fintech News

FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches

Fintech News Desk
by Fintech News Desk0
Agency updates Safeguards Rule to better protect the American public from breaches and cyberattacks that lead to identity theft and other financial losses The Federal Trade Commission announced a newly updated rule that strengthens the data security safeguards that financial institutions are required to put in place to protect their......
BB Energy closes first U.S. Digital Revolving Borrowing Base Credit Facility through Komgo Blockchain Partnership
Blockchain Fintech News

BB Energy closes first U.S. Digital Revolving Borrowing Base Credit Facility through Komgo Blockchain Partnership

Fintech News Desk
by Fintech News Desk0
BB Energy, a leading global independent energy trading company, successfully closed a $500 million senior secured revolving borrowing base credit facility (the “Facility”). Based on an initial launch size of $450 million, the Facility was oversubscribed with commitments received from a diverse group of 8 lenders. The Facility also has embedded a $150 million accordion......
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