Fintech news & updates
Obtain the latest fintech news and updates from multiple well-known news outlets to stay informed about Fintech developments.
News of financial technology
FalconX Eyes Acquisitions Amid Surge in Cryptocurrency Deal-Making
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FalconX, a digital-asset trading and brokerage firm, is actively seeking acquisitions in anticipation of increased deal-making within the cryptocurrency sector following a record quarter.
linkCopy linkshare_windowsShareChainalysis CEO Takes Unexpected Leave, COO Steps in as Interim Leader
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Michael Gronager, co-founder and CEO of blockchain analysis firm Chainalysis, has temporarily stepped down for personal reasons. President and COO Sari Granat will serve as interim CEO during his absence.
linkCopy linkshare_windowsShareSilicon Valley Giant General Catalyst Plans Billion-Dollar Continuation Fund
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General Catalyst, a major Silicon Valley capital firm, is preparing to launch a 'continuation fund' valued between $800 million and $1 billion, comprising stakes in its portfolio companies.
linkCopy linkshare_windowsShareFintech Startups Take Center Stage at TechCrunch Disrupt 2024
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TechCrunch Disrupt 2024 introduces the ScaleUp Startup Exhibitor Program, featuring fintech innovations like Fondo's accounting platform for startups and Puzzle's modern general ledger challenging QuickBooks, showcasing advancements in financial technology.
linkCopy linkshare_windowsShareMoneyGram Suffers Major Data Breach: Customer Information and Transaction Data Compromised
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MoneyGram, a major money transfer company, has reported a significant data breach where hackers stole customers' personal information, transaction data, and even some Social Security numbers during a cyberattack in September.
linkCopy linkshare_windowsShareApple Cash Unveils Tap to Cash for Seamless In-Person Transactions
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Apple introduces the Tap to Cash feature for Apple Cash, allowing iPhone and Apple Watch users to send or receive money in person while keeping transactions private. Users can send up to $2,000 weekly, enhancing convenience in digital payments.
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Digital Payment Apps: Popularity Surges Amid Security and Regulatory Concerns
Payment apps are gaining popularity, but users face challenges with fraud protection and customer service. State regulations for these apps vary, creating a confusing landscape for consumers dealing with issues like unauthorized charges.
linkCopy linkshare_windowsShareKlarna Shakes Up Board Ahead of IPO, Ousting Long-Standing Member
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Klarna, the Stockholm-based buy-now-pay-later company, is set to remove another board member as it prepares for an IPO. Seven directors have agreed to oust investor Mikael Walther from the eight-person board after nearly eight years.
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