Ex-Wirecard Finance Chief Charged With Fraud
Ex-Wirecard Finance Chief Charged With Fraud
December 14, 2023  |  Legal

More than three years after its collapse, Wirecard’s former finance chief has been accused of fraud. Burkhard Ley, who spent 11 years as the chief...

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Taurus and Teylor Team to Tokenize Loans to German Small Businesses
Taurus and Teylor Team to Tokenize Loans to German Small Businesses
December 14, 2023  |  Loans

Swiss crypto custody firm Taurus has launched a partnership with lending platform Teylor. The partnership, as reported Thursday (Dec. 14) by Coindesk, allows Teylor’s credit portfolio tokens to...

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RYVYL and R3 Launch Blockchain-as-a-Service Platform
RYVYL and R3 Launch Blockchain-as-a-Service Platform
December 14, 2023  |  Blockchain

Blockchain ledger-based payments platform RYVYL has partnered with distributed ledger technology firm R3. The collaboration, announced Thursday (Dec. 14), comes in the form of “RYVYL Block,” described by...

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Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
December 14, 2023  |  Investments

Estonia-based Salv, a provider of financial crime compliance solutions, has raised 3.9 million euros ($4.29 million) in new funding to fuel its expansion in the United...

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Lolli Raises $8 Million to Grow Bitcoin Rewards Program
Lolli Raises $8 Million to Grow Bitcoin Rewards Program
December 14, 2023  |  Investments

Lolli has raised $8 million to expand its bitcoin/cashback rewards program. Co-founder and CEO Alex Adelman told TechCrunch Thursday (Dec. 14) that the new financing —...

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Streaming Services Compete for Consumers’ Holiday Spending With Giftable Subscriptions
Streaming Services Compete for Consumers’ Holiday Spending With Giftable Subscriptions
December 14, 2023  |  Streaming

From directly giftable subscriptions to traditional gift cards, video streaming services are finding ways to capture consumers’ holiday season spending. Notably, leading players in the...

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Kapital Raises $165 Million to Expand Banking Platform
Kapital Raises $165 Million to Expand Banking Platform
December 14, 2023  |  Investments

Banking and technology platform Kapital has raised $165 million in new capital. The Mexico City-based company announced the funding — a $40 million Series B equity financing round and...

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AT&T to Buy Rivian Electric Vehicles, Become Exclusive Connectivity Provider
AT&T to Buy Rivian Electric Vehicles, Become Exclusive Connectivity Provider
December 14, 2023  |  Connected Economy

AT&T will buy Rivian electric vehicles (EVs) and add those vehicles to its fleet in early 2024. In addition, AT&T was named the exclusive connectivity...

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Good vs. Bad: Fraud Losses at FIs Up 65% as Both Sides Turn to AI
Good vs. Bad: Fraud Losses at FIs Up 65% as Both Sides Turn to AI
December 14, 2023  |  Digital-First Banking

Fraud and financial crime remain challenging for financial institutions (FIs), even as fraud rates have remained high for many of them in 2023 relative to...

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