FinTechUpdate

FTC Orders Mastercard to Stop ‘Illegal Business Tactics’
The Federal Trade Commission has ordered Mastercard to stop its 'illegal business tactics' in an effort to level the debit card payment field....
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Microsoft and London Stock Exchange Group Form Strategic Partnership
Microsoft will purchase a 4% equity stake in the London Stock Exchange Group (LSEG), forming a 10-year cloud partnership....
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How Crypto Has Changed How We View Money
The rise of cryptocurrencies has begun to change how people view money and how it works for their needs. As the internet develops into the metaverse, peopl...
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JPMorgan Decides Against Investment in Fintech Company Yapily
JPMorgan has reportedly decided against investing in fintech company Yapily, dealing a blow to the startups fundraising....
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Why Are Fintech Companies Struggling In 2022?
After a period of immense growth in the Fintech industry, things have settled down. That’s the optimistic way of putting it, at least. For some companies,...
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US Gross National Debt Hits Record $31 Trillion
The United States national debt hit a new milestone, crossing $31 trillion at a time when the economy is in a major downturn....
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Kim Kardashian is Launching a Private Equity Firm
One of the best ways to build wealth is through making critical investments in the proper fields and at the right time. Furthermore, it doesn’t matter what...
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Startup Poaches Apple Card’s Head of Credit
Apple has lost Abhi Pabba, head of credit for the Apple Card, to credit card startup X1. Apple has inc...
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How to Start Investing When You’re Broke
For a long time, investing money seemed out of reach for the average person. Even today, many assume that one needs thousands of dollars to begin their inv...
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Accounting Giant Ernst & Young May Split Into Two Companies
Accounting firm Ernst & Young may be poised to split into two companies following a Labor Day meeting by the company's leaders....
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Alphabet Is Blockchain’s Biggest Corporate Investor
Alphabet is the biggest corporate investor in blockchain and crypto technology among the top 100 public companies over the last ten months....
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Dutch Authorities Arrest Suspected Tornado Cash Developer
In an unusual twist in crypto news, an individual has been arrested by Dutch authorities over suspicion of being a Tornado Cash developer....
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Jack Ma Will Give Up Control of Ant Group
Tech mogul Jack Ma will give up control of Ant Group after a coordinated crackdown by Chinese regulators....
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Nothing to See Here: FTX CEO Denies Plans to Buy Robinhood
Sam Bankman-Fried, CEO of crypto exchange FTX, has denied rumors his company is looking to purchase ...
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JPMorgan Taps Blockchain for Collateral Settlements
As companies race to adopt blockchain technology, JPMorgan is experimenting with using it for collateral settlements....
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