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Fintech
Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit
The neobank offered the perpetrator 20% of the stolen funds to return the money within 48 hours, threatening legal action otherwise.
European Payments Giant Klarna Says It Will Look To Integrate Crypto
The “buy now, pay later” company is backed by venture capital firm, Sequoia Capital, which has a 22% stake.
Revolut to Strengthen Crypto Fraud Protections With Added Security, Risk Scores
The Revolut Pay enhanced due diligence API will be rolled out to crypto customers from start of 2025.
Revolut Expands Crypto Exchange Across EU After Successful Launch in UK
Tens of thousands of traders have been using the bank’s crypto exchange in the UK, a spokesperson said.
Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO
The Catch-22 of U.S. Crypto Regulation
The SEC is asking crypto and fintech firms to do the impossible. Only Congress can stop that, Marcelo M. Prates writes.
What's Wrong With PayPal's Stablecoin?
If PYUSD is to gain true and lasting traction, the newly minted stablecoin issuer needs to address certain centralization concerns, Kima Chief Technology Officer Guy Vider writes.
Rep. Davidson on State of U.S. Crypto Sector
Rep. Warren Davidson (R-Ohio) weighs in on the future developments of crypto services and fintech companies in the U.S. The Congressman told "First Mover" in part, "we've set up the protocols and architecture for every major innovation since the industrial revolution...why would we bail now on fintech?"
