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SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
January 22, 2024  |  Security & Fraud

The Jan. 9 hack of the Securities and Exchange Commission’s (SEC) account on the social media platform X (formerly known as Twitter) was apparently the result of...

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Vroom Exiting Car Sales, Focusing on Finance and AI Services
Vroom Exiting Car Sales, Focusing on Finance and AI Services
January 22, 2024  |  eCommerce

Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business.  The company aims to preserve liquidity and maximize stakeholder value through its...

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FSB to Recommend Measures to Control Bank Runs Spurred by Social Media
FSB to Recommend Measures to Control Bank Runs Spurred by Social Media
January 22, 2024  |  Bank Regulation

The Financial Stability Board (FSB) is set to deliver a report to the G20 in October, shedding light on the influence of social media in accelerating bank deposit outflows...

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Nukkleus Taps Tantel to Expand Cross-Border B2B Payments in Africa
Nukkleus Taps Tantel to Expand Cross-Border B2B Payments in Africa
January 22, 2024  |  Partnerships

Blockchain/payments firm Nukkleus has teamed with Tantel Group to expand its footprint in Africa. The partnership, which involves Nukkleus’ subsidiary Digital RFQ (DRFQ), will help Nukkleus tap into Africa’s $1.5 trillion B2B...

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Investment Banks Seek to Win Back Private Credit Loans
Investment Banks Seek to Win Back Private Credit Loans
January 22, 2024  |  Loans

Investment banks are reportedly trying to win back leveraged finance deals from the private credit space. Banks such as Goldman Sachs, Citi and Barclays are among the banks in talks...

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Ford and Lincoln Unveil Updated Connected Car Services
Ford and Lincoln Unveil Updated Connected Car Services
January 22, 2024  |  Transportation

Ford and its luxury brand Lincoln are enabling customers to access apps and services in their vehicles through a new integrated native experience.  Drivers will also...

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Visa Canada and Plug and Play Partner to Support FinTechs
Visa Canada and Plug and Play Partner to Support FinTechs
January 22, 2024  |  Fintech Investments

Visa Canada will support the entrance of accelerator and venture capital (VC) firm Plug and Play into the Canadian FinTech market. This collaboration will enable Canadian FinTechs to...

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Cornell University Finds Few Companies Disclosing AI Influence on Hiring
Cornell University Finds Few Companies Disclosing AI Influence on Hiring
January 22, 2024  |  artificial intelligence

Six months after the implementation of New York’s City’s artificial intelligence (AI) hiring law, only 18 out of 391 employers analyzed by researchers at Cornell...

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Fiserv’s uChoose Lets BP and Amoco Customers Pay at the Pump
Fiserv’s uChoose Lets BP and Amoco Customers Pay at the Pump
January 22, 2024  |  Payment Methods

Fiserv says members of its uChoose program can now use card reward balances to buy gas. The new offering, announced by the payments FinTech Monday (Jan....

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