On February 21, a major cyberattack targeted the cryptocurrency exchange Bybit, resulting in an unprecedented loss of $1.5 billion, making it the largest hack in the history of digital currency markets. The severity of the breach posed significant challenges to Bybit’s operations and threatened its
The ever-growing influence of major tech companies like Google and Facebook has raised significant concerns about their impact on the local news industry, sparking legislative actions to address the imbalance. In response, Oregon has proposed Senate Bill 686, which aims to compel these tech giants
The recent trajectory of Bitcoin has captivated investors and analysts alike as it reached an impressive high of $97,800 on May 2, breaking the symbolic $97,000 barrier. Following clear signs of momentum, the cryptocurrency saw slight consolidation, stabilizing at $96,345. This upswing unfolds
Credit card processing is an essential aspect of modern commerce, allowing businesses to effectively interact with clients who prefer digital payments. Within high-risk industries, though, credit card processing is fraught with complexities, influencing business operations in ways both challenging
In recent years, the integration of innovative technologies has revolutionized various sectors, and private lending is no exception. The collaboration between AFX Research, LLC and Mortgage Automator represents a significant advancement in this realm, aiming to streamline operations and enhance
In an era where financial literacy is crucial, the topic of travel credit card points has sparked considerable debate among consumers. Many individuals leverage travel credit cards to accumulate points and rewards, fueled by the allure of free travel and exclusive perks. However, questions surround
In recent years, the property and casualty (P&C) insurance sector in the United States has been grappling with increasing challenges as secondary perils, such as severe convective storms, inland flooding, and wildfires, grow both in frequency and severity. Traditionally considered minor
As financial institutions grapple with evolving threats and regulatory pressures, the question arises of how to effectively combat financial crime using cutting-edge technologies. Artificial intelligence emerges as a compelling solution, with its ability to process vast amounts of data quickly,
Froda, an embedded finance company, recently secured a significant €20 million in a Series B funding round led by Incore Invest. This substantial investment is poised to accelerate Froda's expansion across Europe, enhancing its operations and enabling wide-scale deployment of its embedded f
Kofi Ndaikate is well-versed in the dynamic world of Fintech. His expertise spans various industry areas, from blockchain and cryptocurrency to regulation and policy. Today, we delve into Circle's new Payments Network (CPN) and its potential impact on global finance. Can you explain what
