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Banks make bad fraud reimbursement decisions in many cases, says Which?
Some large banks make the wrong decisions about certain scams and customer refunds in about eight out of ten cases seen by the mediator, according to Which ?.A "payback lottery" leaves many victims facing an uphill struggle to get their…
What is Decentralized Finance? Everything you need to know about DeFi basics
For a long time, global financial systems have been largely centralized. Traditional finance has relied on centralized entities such as banks act as an intermediary, courts settle disputes, Governments to provide regulation, and so on.As…
How SUPP managers invest Woodford’s former patient capital
In December 2019, Tim Creed and Roger Doig of Schroders were given responsibility for what was then known as Woodford Patient Capital, after the trust's namesake, Neil Woodford, was sacked by his board of directors. 'administration.…
Helping Banks and Financial Institutions Break Free From Legacy Limitations, FLOXX Raises $ 8.5…
Originally from Bucharest, fintech FLUXX raised $ 8.5 million in a seed funding round. The enterprise-grade platform helps banks and financial institutions with complex IT infrastructures create digital experiences that neo-banks have…
TCN named best place to work in 2021 by Salt Lake Tribune
A St. George-based provider of a comprehensive, cloud-based call center platform, TCN's Top Workplaces award is based on anonymous employee feedback.ST. GEORGES, Utah, November 8, 2021 / PRNewswire-PRWeb / - TCN, Inc., a global provider of…
Fintech start-up Revolut amplifies crypto hiring in a context of renewed interest in the sector
A job description posted on Revolut's LinkedIn page says the London-based fintech startup is eager to recruit a technical team that will help the company build its crypto exchange.According to the official job offer, digital bank Revolut…
NH schools to receive more funds to support homeless children
Last week, the state's Department of Education announced the release of federal funds including more than $ 90,000 for area schools to support homeless students.When Congress approved the US bailout…
Treasury report says stablecoins threaten market integrity and investor protection
In a long-awaited report, the Treasury urges Congress to take immediate action to address the risks presented by stablecoins. It presents some of the biggest dangers of stable coins and how they could be treated.Stablecoins are…
Neobanks, the disruptor who scrambles India’s besieged bankers
The Fintech disruption has resulted in a tectonic shift in the banking industry. At present, there are
2000 FinTech companies in India. In recent years, there has been a huge increase in several online financial services in the form of…
New banking service launched to solve LGBTQ issues – OutSmart Magazine
Daylight founders Paul Barnes-Hoggett (l), Robert Curtis and Billie Simmons (l).
The LGBTQ + community in America still has a purchasing power of $ 1 trillion, 53% struggle to maintain regular savings. They also often face…