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JPMorgan To Spin Off Quorum, Its Blockchain Project

JPMorgan To Spin Off Quorum, Its Blockchain Project
JPMorgan To Spin Off Quorum, Its Blockchain Project
March 23, 2018  |  Blockchain

JPMorgan Chase could spin off its main blockchain project, Quorum, after deciding the efforts would be better off in the home of an independent business. Get...

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Credit Reporting Firms To Omit Tax Liens From Consumer Reports
Credit Reporting Firms To Omit Tax Liens From Consumer Reports
March 23, 2018  |  Loans

In a move that could make more than 5 million consumers very happy (and potential lenders very nervous), TransUnion, Equifax and Experian have announced they...

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Citigroup Places Limits On Clients’ Gun Sales
Citigroup Places Limits On Clients’ Gun Sales
March 23, 2018  |  Banking

Citigroup is placing restrictions on its business customers, requiring them to sell guns to only those that pass a background check and are 21 or...

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UK Cracks Down On Bank Misconduct
UK Cracks Down On Bank Misconduct
March 23, 2018  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) is taking a zero-tolerance stance on misconduct at banks. The regulator in charge of policing this has promised to...

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Facebook’s Sandberg: Not If, But What Type, Of Regulation Is Coming
Facebook’s Sandberg: Not If, But What Type, Of Regulation Is Coming
March 23, 2018  |  Facebook / Meta

Facebook Chief Operating Officer Sheryl Sandberg waded into the Cambridge Analytica scandal, apologizing in an interview with CNBC Thursday (March 22) and predicting the company will...

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Naspers Sells 2% Stake In Tencent For More Than $10B Windfall
Naspers Sells 2% Stake In Tencent For More Than $10B Windfall
March 23, 2018  |  Earnings

Naspers, the South African media and internet company, is unloading 2 percent of its stake in China’s Tencent, giving it up to $11 billion in...

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Venmo Puts Pause On Instant Transfers
Venmo Puts Pause On Instant Transfers
March 23, 2018  |  Mobile Payments

Venmo abruptly removed its instant money transfer feature on Wednesday, saying it needed to “make a few changes” to the service. Get the Full Story...

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Senate, FTC Grill Facebook For More Info On Data Scandal
Senate, FTC Grill Facebook For More Info On Data Scandal
March 23, 2018  |  Facebook / Meta

The fallout continues for Facebook,with federal regulators, state prosecutors and a Senate subcommittee all looking for answers regarding the social media site’s recent data scandal....

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