CFPB Report: One In Four Consumers Have Debt In Collections
CFPB Report: One In Four Consumers Have Debt In Collections
July 19, 2019  |  Debt

More than a quarter of consumers have one debt in collections, according to data from the Consumer Financial Protection Bureau. A large swath of that is...

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Chinese P2P Lender Lufax Exits Business
Chinese P2P Lender Lufax Exits Business
July 19, 2019  |  Loans

One of China’s largest online wealth management platforms is leaving its peer-to-peer lending (P2P) business behind. Get the Full Story Complete the form to unlock...

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G7 Agrees To Tax Big Tech And Cut Libra No Slack
G7 Agrees To Tax Big Tech And Cut Libra No Slack
July 18, 2019  |  Regulation

Group of Seven finance ministers and central bankers said digital currencies need to be closely regulated so that they don’t disrupt the global financial system....

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Bitcoin Daily: US Bitcoin Ransomware Virus Shows Up In China; Crypto Thief Faces Charges For Swindling $1.7M
Bitcoin Daily: US Bitcoin Ransomware Virus Shows Up In China; Crypto Thief Faces Charges For...
July 18, 2019  |  Bitcoin

A ransomware virus that the FBI has been tracking since 2018 has been detected in China. Get the Full Story Complete the form to unlock...

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Capital One Beats On Q2 Earnings Amid Card Momentum
Capital One Beats On Q2 Earnings Amid Card Momentum
July 18, 2019  |  Earnings

Capital One’s domestic card business delivered strong results and continued to increase momentum, the bank said on Thursday (July 18). The financial institution (FI) said...

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SunTrust Experiences Overall ‘Solid’ Q2 Amid Planned BB&T Merger
SunTrust Experiences Overall ‘Solid’ Q2 Amid Planned BB&T Merger
July 18, 2019  |  Banking

SunTrust Banks Inc. reported results Thursday (July 18) that surpassed revenue expectations but fell slightly under earnings estimates for the second quarter. But beyond the...

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Cloud Software Firm Workday Acquires Trusted Key For Blockchain Authentication 
Cloud Software Firm Workday Acquires Trusted Key For Blockchain Authentication 
July 18, 2019  |  Partnerships / Acquisitions

Business and cloud software company Workday has bought Trusted Key, an identity authentication company that uses blockchain technology, according to reports.  Get the Full Story...

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Ex-Microsoft Employee Accused Of Stealing Millions In Digital Currency
Ex-Microsoft Employee Accused Of Stealing Millions In Digital Currency
July 18, 2019  |  Security & Fraud

A former Microsoft engineer named Volodymyr Kvashuk was arrested and charged with mail fraud for allegedly stealing millions in digital money from Microsoft, according to...

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What is OfferUp?
What is OfferUp?
July 18, 2019  |  eCommerce

OfferUp is a local mobile marketplace competing with businesses like eBay, Craigslist and Facebook Marketplace. The firm received $130 million in financing in 2016, taking...

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