October 31, 2023
Of Alameda and Amnesia: Sam Bankman-Fried’s Final Day of Testimony
Sam Bankman-Fried has gone from the smartest one in the room to the most forgetful. This, as the 31-year-old cryptocurrency entrepreneur accused of orchestrating one of the largest financial frauds...
October 31, 2023
Judge Orders Realtors to Pay $1.78 Billion in Damage in...
In a landmark decision, a US jury on Tuesday ruled that the National Association of Realtors and multiple real estate firms, including Warren Buffett’s Berkshire Hathaway subsidiaries, must pay $1.78...
October 31, 2023
Bankman-Fried Gets Last Chance to Plead His Case
Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s last opportunity to convince jurors...
October 30, 2023
ACI Worldwide Appoints Former CoreLogic CIO Abe Kuruvilla as CTO
ACI Worldwide has appointed Abe Kuruvilla, formerly chief information officer at CoreLogic, as its new chief technology officer (CTO). Kuruvilla’s role will involve leading ACI’s innovation agenda and optimizing the development and delivery...
October 27, 2023
C3 CEO Says CPG-ification of Restaurants Drives ROI for Operators
As the restaurant industry increasingly shifts to omnichannel, virtual restaurant platform C3 is seizing on the opportunity to drive profitability by making quick-service restaurants (QSRs) menus hew more towards a consumer-packaged...
October 27, 2023
FinTech IPO Index Loses 4.7% as Platforms Lead to the...
The platforms led the FinTech IPO Index 4.7% lower this past week, as the year-to-date gains have been winnowed down to about 16%. AMTD shares sank 21%. The company extended a...
October 26, 2023
Bankman-Fried: I Trusted FTX’s Lawyers to Guide Company
FTX founder Sam Bankman-Fried says the company’s ex-attorneys were central to its collapse last year. That testimony came Thursday (Oct. 26) afternoon during Bankman-Fried’s criminal trial, but outside of the...
October 26, 2023
JPMorgan: JPM Coin Handles $1 Billion in Daily Transactions
J.P. Morgan said its digital token now handles $1 billion in daily transactions. “JPM Coin gets transacted on a daily basis mostly in U.S. dollars, but we again intend to...
October 25, 2023
Bain and Smith Hill Partner on Hospitality Sector Financing Solutions
Bain Capital and Smith Hill Capital have formed a joint venture aimed at serving the finance needs of companies and assets in the hospitality sector. With a goal of deploying $1 billion of...
