January 13, 2023
FTX Venture Backers Look to Deflect Crypto Diligence Scrutiny
Blue chip investors’ relations with LPs and regulators have been strained by the FTX fiasco. They are now trying to save face and promising to do better next time around....
January 12, 2023
Butter Raises $22M to Help Subscription Merchants Combat Accidental Churn
FinTech Butter Payments has raised $22 million in Series A funding to fight accidental churn. Accidental churn — in which payments are falsely declined in an effort to stem fraud...
January 12, 2023
DOJ Investigating Saber Stablecoin Exchange Founders
The Department of Justice is reportedly investigating the founders of Solana stablecoin exchange Saber Labs. The investigation targets brothers Ian and Dylan Macalinao, CoinDesk reported Wednesday (Jan. 11), citing people familiar with...
January 12, 2023
American Express to Acquire Nipendo to Grow B2B Platform
American Express plans to buy Nipendo to help create an end-to-end B2B platform. The globally integrated payments company said in a Thursday (Jan. 12) press release that it has entered...
January 12, 2023
Report: DOJ Investigating Saber Stablecoin Exchange Founders
The Department of Justice is reportedly investigating the founders of Solana stablecoin exchange Saber Labs. The investigation targets brothers Ian and Dylan Macalinao, CoinDesk reported Wednesday (Jan. 11), citing people familiar with...
January 12, 2023
FTX Can Be Saved, Arrested Founder Blogs From Parents’ Home
While his colleagues admit their guilt, Sam Bankman-Fried is sticking to his “I’m innocent” script. This, as the disgraced founder and one-time CEO of the failed cryptocurrency exchange FTX takes...
January 12, 2023
Hack the Box Gets $55M to Fight Cybercrime
Hack the Box has gotten $55 million in its campaign to help businesses fight cybercrime. The U.K. company, which bills itself as a “gamified continuous cybersecurity upskilling, certification, and talent...
January 12, 2023
To Compete With eCommerce, Physical Stores Need to Act More...
For retailers facing stiff competition from online foes, innovation has become mandatory. Fresher standards for online shopping that emphasize efficiency, convenience and payment choice have emerged, raising consumers’ expectations at...
January 11, 2023
JPMorgan Alleges Financial Planning Platform Frank Inflated Customer Base
JPMorgan Chase said it was defrauded when it bought college financial planning platform Frank. Bloomberg reported Wednesday (Jan. 11) that the bank has brought a lawsuit against Frank founder Charlie...
