George Parthimos, founder and CEO of Wolfpack Financials LLC, shared the motivation behind his company at Benzingas Fintech Deal Day. Parthimos has several sons who were interested in building a portfolio but were daunted by the complexity of investing in the stock market. Parthimos had the tools to educate his family but knew that many
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Its been a bad month for many in the crypto world, including Gemini Exchange and its owners and founders, billionaire twin brothers Tyler Winklevoss and Cameron Winklevoss. On November 16, 2022, Gemini announced on its blog: Genesis Global Capital, LLC (Genesis) the lending partner of the (Gemini) Earn program has paused withdrawals and will not
Melissa Watras of Trillium Labs moderated the panel Regulation: The Problems, Solutions, And Ensuring A Balance at Benzingas Fintech Deal Day. Fintech is innovating at a pace that is difficult for regulators to keep up with. Much of the fintech space exists in a regulatory grey area that is dangerous to the government, consumers, and
2020 and 2021 saw a massive expansion of digital offerings across nearly every industry. Many organizations implemented new partnerships to offer digital commerce and payment tools, or even invested in creating their own tools to address the abrupt and urgent need created by the pandemic. This trend was particularly evident in the digital health market,
Experts have been warning for months that there could be major issues delivering enough power to customers along the country’s Eastern corridor this winter if unseasonably cold temperatures hit, and those experts have now been vindicated. According to reports on Christmas Eve day, the powerful winter storm that saw temps plunge to record lows throughout
Broadband year in review — Comcast debacles dominate Ars Technicas biggest ISP horror stories of 2022 $210,000 fee for Comcast Internet, a plan to block competition, and more ISP stories. Jon Brodkin – Dec 28, 2022 12:16 pm UTC EnlargeGetty Images | Smith Collection/Gado reader comments 3 with 0 posters participating Share this story Share
Some of the UK’s largest banks have agreed measures with the government to help struggling borrowers as they brace for a surge in late mortgage payments. The so-called forbearance measures, which were used during the 2008 financial crisis, are an attempt by banks including HSBC, Barclays, Lloyds Banking Group and NatWest to avoid repossessions and
Mark Cuban, the billionaire owner of Dallas Mavericks,boldly defended Bitcoin BTC/USD while castigating anyone who invests in gold. What Happened: In an episode of Club Random podcast with host Bill Maher, released late on Sunday evening, Cuban shared his views on investing specifically, why he believes investing in gold is a bad idea. I want
Leading financial media outlet Benzinga hosted its annual Global Fintech Deal Day & AwardsThursday at Pier Sixty in New York City. Here'sa look at the annual event and the 2022 award winners. Benzinga Global Fintech Awards: Each year, Benzinga honors the top companies in the fintech sector that are building the future of financial services
Throughout 2022, the cryptocurrency sector sent out shockwaves that hitinvestors and those interested in entering into the market particularly Wall Street and fintech with themost recentcollapse of FTXhurting the development oftrust between Wall Street, fintech and cryptocurrencies. ButWall Street is still committed to entering the crypto industry, saidAdam Levine, vice president of corporate strategy at
Blockchain, the technology that underpins cryptocurrencies such as Bitcoin BTC/USD , can propel a traditional financial services firm into the next frontier of fintech. And yet, it's highly complicated and extremely scrutinized thanks to the current drama surrounding certain bad actors (i.e., Luna and FTX). "The scrutiny of the contagion of what has gone wrong
It’s crunch time for House Minority Leader Kevin McCarthy (R-Calif.). Members of Congress departed Washington on Friday with the group of House Republicans voicing opposition to McCarthy for Speaker showing no signs of wavering, setting up a dramatic Jan. 3 Speaker’s vote — or series of votes — on the first day of the 118th Congress. McCarthy
A major challenge for fintech leaders is expanding the reach of the sector so that it's more inclusive. Lule Demmissie,CEO of eToro U.S., saidher company is making strides in its efforts toincrease the accessibility of the space, but there are plenty of communities out there that remain underrepresented in the investing world. "This is not
Mark Cuban, the billionaire owner of Dallas Mavericks,boldly defended Bitcoin BTC/USD while castigating anyone who invests in gold. What Happened: In an episode of Club Random podcast with host Bill Maher, released late on Sunday evening, Cuban shared his views on investing specifically, why he believes investing in gold is a bad idea. I want
Leading financial media outlet Benzinga hosted its annual Global Fintech Deal Day & AwardsThursday at Pier Sixty in New York City. Here'sa look at the annual event and the 2022 award winners. Benzinga Global Fintech Awards: Each year, Benzinga honors the top companies in the fintech sector that are building the future of financial services
Throughout 2022, the cryptocurrency sector sent out shockwaves that hitinvestors and those interested in entering into the market particularly Wall Street and fintech with themost recentcollapse of FTXhurting the development oftrust between Wall Street, fintech and cryptocurrencies. ButWall Street is still committed to entering the crypto industry, saidAdam Levine, vice president of corporate strategy at
Blockchain, the technology that underpins cryptocurrencies such as Bitcoin BTC/USD , can propel a traditional financial services firm into the next frontier of fintech. And yet, it's highly complicated and extremely scrutinized thanks to the current drama surrounding certain bad actors (i.e., Luna and FTX). "The scrutiny of the contagion of what has gone wrong
It’s crunch time for House Minority Leader Kevin McCarthy (R-Calif.). Members of Congress departed Washington on Friday with the group of House Republicans voicing opposition to McCarthy for Speaker showing no signs of wavering, setting up a dramatic Jan. 3 Speaker’s vote — or series of votes — on the first day of the 118th Congress. McCarthy
A major challenge for fintech leaders is expanding the reach of the sector so that it's more inclusive. Lule Demmissie,CEO of eToro U.S., saidher company is making strides in its efforts toincrease the accessibility of the space, but there are plenty of communities out there that remain underrepresented in the investing world. "This is not
China will remove quarantine requirements for inbound travellers from January 8 as the country dismantles the remnants of a zero-Covid regime that closed it off from the rest of the world for almost three years. The National Health Commission on Monday unveiled the move as part of a wider announcement that downgraded the country’s management