Tag : Bankruptcy

Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers
Finance News

Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers

PR Newswire
by PR Newswire0
New Report Examines the Financial Strengths and Weaknesses of Top Retailers, Including Target, Macy’s, Neiman Marcus, JCPenney and The Kroger Co. Amid rising inflation, a cost-of-living crisis and a steep decline in consumer spending, many retailers are calling for flat to declining sales this year. So, retail bankruptcies have become more common......
Business Digital Markets News

CFPB Investigates Illegal Collecting of Discharged Student Loan Payments

Fintech Staff Writer
by Fintech Staff Writer0
The Consumer Financial Protection Bureau (CFPB) today issued a bulletin reminding servicers of their duty to stop illegal behaviour with regard to private student loans that have been dismissed by bankruptcy courts and urging them to do so immediately. In a recent advisory, CFPB investigators discovered that certain loan servicers......
Cryptocurrency News Technology

Bitget Shares Merkle Tree Proof Of Reserves To Enhance Transparency

Fintech News Desk
by Fintech News Desk0
 Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves (“PoR”), using the cryptographic-audited Merkle tree method, and that users’ assets stored on the platform are......
Cryptocurrency Featured Fintech Primers Markets

Top 5 Bankruptcy Of The Crypto market In 2022

Pooja Choudhary
by Pooja Choudhary0
The hyped domain for 2022 and much talked about the crypto market, there seemed to be no shortage of high-profile bankruptcies and scandals that roiled the crypto sphere. Among all, we shall be highlighting the top 5 implosions of the crypto and give a snapshot as to whether the crypto......
Blockchain Digital Payments News

Voyager Announces Agreement For Binance.US To Acquire Its Assets

Fintech News Desk
by Fintech News Desk0
 Voyager Digital Ltd.  announced that its operating company Voyager Digital LLC selected U.S. exchange BAM Trading Services Inc. (doing business as “Binance.US”) as the highest and best bid for its assets after a review of strategic options with the core objective of maximizing the value returned to customers and other......
Bitget Shares Merkle Tree Proof of Reserves to Enhance Transparency
Cryptocurrency News

Bitget Shares Merkle Tree Proof of Reserves to Enhance Transparency

Fintech News Desk
by Fintech News Desk0
Users’ assets safeguarded with at least a 1:1 reserve ratio Leading global cryptocurrency exchange, Bitget, announces that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves (“PoR”), using the cryptographic-audited Merkle tree method,......
B2B News Technology

Patterson Belknap Launches FTX Task Force To Advise On Issues Stemming From Collapse Of Crypto Exchange

Fintech News Desk
by Fintech News Desk0
Patterson Belknap Webb & Tyler LLP announced the launch of an interdisciplinary FTX Task Force to assist market participants in navigating the fallout from the recent collapse of the FTX Crypto Exchange and its affiliates. The group is led by a cross-disciplinary team of attorneys from Patterson Belknap’s Business Reorganization and Creditors’......
BluPeak Credit Union Selects Empower LOS to Support Growth in Tight Originations Market
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DWF Labs Offers Support For Web3 Industry Amidst Market Panic

Fintech News Desk
by Fintech News Desk0
In light of the recent news of FTX filing for Chapter 11 Bankruptcy, DWF Labs remains unaffected. As a high-frequency trading firm and market maker, DWF Labs has built a robust risk management framework that has enabled the firm to trade through such market events. Read More: Lets Understand Crypto......
Stretto Acquires Acumen Recovery Services, LLC
Banking Cryptocurrency Fintech News

Stretto Acquires Acumen Recovery Services, LLC

Fintech News Desk
by Fintech News Desk0
Leading Bankruptcy Administration Firm Adds Preference Analysis Capabilities to Services and Technology Platform Stretto, a market-leading bankruptcy administration firm serving the corporate- and consumer-bankruptcy industries, has acquired Acumen Recovery Services, LLC, a data-analysis and advisory firm serving attorneys, trustees, and other fiduciaries analyzing, pursuing or defending preferences or other allegedly......
Lendinero Announces Plan To Help Latino-Owned Businesses With Multiple Funding Options
Business Fintech Fintech Funding News Risk Management

Lendinero Announces Plan To Help Latino-Owned Businesses With Multiple Funding Options

Fintech News Desk
by Fintech News Desk0
Lendinero, a leading small business finance provider to minorities, announces new funding options for Latino-Owned businesses (LOBs). Lendinero is working in tandem with numerous lenders to facilitate Paycheck Protection Program (PPP), Economic Injury Disaster Loans (EIDL), business lines of credit, and term loans. Lendinero, offers an online platform and agent......
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