FinTechUpdate

How Veterans Can Take Charge Of Their Finances
When you’re a member of the armed forces, life can be pretty formulaic. Career paths and decisions, duties, and responsibilities are often predictable.&nbs...
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4 Types of Investments You Should Be Considering
Smart investors create diversified investment portfolios. With diversified holdings, investors can weather the ups and downs of markets and spread risk....
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Russian Financial Sanctions: How it Affects Global Markets and Average Citizens
Russia’s invasion of Ukraine marked the beginning of some of the biggest economic sanctions seen i...
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GSMA: Mobile Money Transactions Top $1 Trillion in 2021
The GSM Association (GSMA) has released its 10th annual ‘State of the Industry Report on Mobile Money,’ showing the industry processed $1 trillion in 2021....
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LG Electronics Pivots to Crypto and Blockchain
LG Electronics may be pivoting to the cryptocurrency market, adding crypto and blockchain to its corporate interests....
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BlackRock CEO: Russian Invasion of Ukraine ‘Has Put an End to Globalization’
BlackRock CEO Larry Fink has sent a letter to shareholders, warning that Russia's invasion of Ukraine is ending globalization....
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AI Represents Major Risk to Banking Cybersecurity
Artificial intelligence (AI) may be the banking industry's Achilles heel, making it more vulnerable to Russian cyberattacks....
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Goldman Sachs Is Pulling Out of Russia
Goldman Sachs has become the first major Wall Street bank to announce it is pulling out of Russia. Com...
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President Biden Executive Order Targets ‘Responsible Development of Digital Assets’
President Joe Biden has issued an executive order calling on agencies to investigate cryptocurrencies and digital assets, paving the way for a US-backed di...
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Visa and Mastercard Suspend Russia Business
Visa and Mastercard are the latest, and two of the most influential, companies to suspend operations in Russia in response to its invasion of Ukraine....
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Microsoft Teams Up With Chargebacks911 to Fight Financial Fraud
Microsoft has teamed up with Chargebacks911 to use artificial intelligence in the fight against financial fraud....
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The US Government Still Uses Outdated Tech to Track Business Tax
Tax season is now, and the people of the United States have until 18 April to complete their paperwork in order to avoid penalties and late fees. The Unite...
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India’s Central Bank Compares Crypto to a ‘Ponzi Scheme’
The Reserve Bank of India (RBI) has come out swinging against cryptocurrency, likening it to a "Ponzi scheme."...
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Meta-Backed Diem Considering Sale of Assets, May Shut Down
Diem, the Meta-backed cryptocurrency project, is considering a sale of its assets and may ultimately dissolve....
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El Salvador Increases Its Bitcoin Stake
El Salvador has taken advantage of bitcoin’s latest dip, increasing its stake by 410 coins. El Salvado...
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