January 25, 2023
Insurers’ Biggest Risk Is Their Own Legacy Claims Process
A challenging economic landscape is putting pressure on the insurance industry. From companies providing automobile coverage to those offering home insurance, the industry is expected to have low premium income...
January 25, 2023
Firms Hope to Win With Receipt Data Solutions but Implementation...
Leveraging the full value of item-level receipt data in a simple, secure way enables financial institutions (FIs), FinTechs and merchants to provide the rich, seamless commerce and banking experiences today’s digitally...
January 24, 2023
Disparate Businesses Find Common Trade Solutions in Interoperability and Real-Time...
Operations across international borders inherently add layers of complexity and fees to B2B operations. Yet despite historical speedbumps to global expansion, innovations in real-time payment (RTP) networks and digital-first interoperability...
January 24, 2023
Sandbar Gets $4.8M to Fund Fight Against Financial Crime
Sandbar says it has raised $4.8 million to enhance its financial crime detection software. The funding, announced by the New York FinTech Tuesday (Jan. 24), comes amid an uptick in...
January 24, 2023
Wafi Platform Powers Open Banking Payments for eCommerce Merchants
Wafi has launched a payment processing platform that lets eCommerce merchants accept online bank transfers. The new Wafi.cash provides these businesses with an application programming interface (API) to process bank...
January 23, 2023
FTX Prosecutors Seize $698M In Bankman-Fried Assets
Federal prosecutors have seized nearly $700 million in assets from disgraced FTX founder Sam Bankman-Fried. According to a Friday (Jan. 20) court filing, a bulk of the seizures were in the form...
January 22, 2023
FTX Prosecutors Seize Robinhood Shares From Bankman-Fried Assets
Federal prosecutors have seized nearly $700 million in assets from disgraced FTX founder Sam Bankman-Fried. According to a Friday (Jan. 20) court filing, a bulk of the seizures were in...
January 22, 2023
European Commissioner: Crypto Rules Needed Worldwide
Cryptocurrency regulations need to be implemented around the world. So said European Commissioner Mairead McGuinness, who said it’s great the European Union (EU) has become the first major jurisdiction to...
January 22, 2023
US Asks Judge To Hold Shkreli In Contempt For Flaunting...
US regulators asked a federal judge on Friday to hold Martin Shkreli in contempt for allegedly impeding its efforts to determine whether he flouted a ban on working in the...