Image: AP One prominent software developer’s viral Twitter thread, several Steve Wozniak tweets, one New York State probe, two corporate press releases, and approximately 144 hours later, Senator Ron Wyden (D-Ore) has tweeted that he, too, will be investigating the…
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Help Your Younger Kids Understand Credit Cards and Budgets With This App
One of the things I wish I had learned as a child, or even a high schooler, was basic money management. I’m doing great now, but when I turned 18 and was finally old enough to apply for credit cards…
Read MoreExclusive: Exxon steps up assets sales with sweeping $25 billion plan – sources
LONDON (Reuters) – Exxon Mobil (XOM.N) plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its biggest asset sales for decades, seeking to free up cash to focus on a handful…
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Ebury nabs £350M for foreign exchange and currency services for SMEs, Santander takes 50.1% stake
As the UK continues on its slow march to leave the European Union, a London-based startup that enables companies to work internationally has raised a huge round of funding from a strategic backer to expand its business. Ebury, which provides…
Read MoreTHE RISE OF BANKING-AS-A-SERVICE: The most innovative banks are taking advantage of disruption by inventing a new revenue stream — here’s how incumbents can follow suit
This is a preview of The Rise of Banking-as-a-Service research report from Business Insider Intelligence.Purchase this report.Business Insider Intelligence offers even more insights like this with our Banking Pro coverage. Subscribe today to receive industry-changing banking news and analysis to…
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Why The Cannabis Industry Deserves Access To Modern Banking And Financing
The SAFE Banking Act would allow financial institutions to serve state-authorized marijuana companies without fear of federal punishment. Image credit: FG Trade | Getty Images October 21, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. With…
Read MoreTHE RISE OF BANKING-AS-A-SERVICE: The most innovative banks are taking advantage of disruption by inventing a new revenue stream — here’s how incumbents can follow suit
This is a preview of The Rise of Banking-as-a-Service research report from Business Insider Intelligence.Purchase this report.Business Insider Intelligence offers even more insights like this with our brand new Banking coverage. Subscribe today to receive industry-changing banking news and analysis…
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Is America’s Federal Banking System Considering Its Own Digital Cryptocurrency?
Is America’s Federal Banking System Considering Its Own Digital Cryptocurrency? (politico.com) Posted by EditorDavid on Saturday October 19, 2019 @07:34PM from the almighty-blockchain dept. America’s lawmakers and Federal Reserve officials “are so concerned about Facebook’s plans to launch a new…
Read More‘Goliath Is Winning’: The Biggest U.S. Banks Are Set to Automate Away 200,000 Jobs
Over the next decade, U.S. banks, which are investing $150 billion in technology annually, will use automation to eliminate 200,000 jobs, thus facilitating “the greatest transfer from labor to capital” in the industry’s history. The call is coming from inside…
Read MoreSure Sounds Like Things Aren’t Going Well for Facebook’s Libra Cryptocurrency Scheme
There’s been no shortage of official opposition to Facebook and dozens of corporate partners’ plans to launch a cryptocurrency powered global payment network, Libra. A short list of the wary might include the heads of the U.S. Federal Reserve and…
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