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
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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
More than zero — Apples business under growing threat from Chinas Covid wave Outbreak following reversal of zero-Covid curbs creates uncertainty for iPhone maker. Patrick McGee, Financial Times – Dec 26, 2022 3:35 pm UTC Enlarge / ZHENGZHOU, CHINA A staff member wearing personal protective equipment disinfects a factory at Industrial Park of Foxconn on
Brian Cox, CEO of SurgePays, Inc. SURG was recently interviewed by Benzinga. SurgePays brings critical technology and financial services to the underbanked and underserved. The company is dedicated to serving these communities that lack access to traditional banking and financial services. The company is currently in growth mode and has removed its self-imposed throttle. Watch
Mark Water, Head of Sales at Barchart, shared insights into his company at Benzingas Fintech Deal Day. Barchart is a technology company that specializes in financial market data. Mark shares that, unlike competitors, being a technology company first enables them to leverage the latest and best technology to deliver financial data efficiently and accurately. The
Nelson Chu, founder and CEO of Percent, shared some insights about his company at Benzingas Fintech Deal Day. Percent has created a sound infrastructure software approach to alternative and private investing. For the past four years, they have primarily been concerned with underwriting as they geared up for a three-sided market option. Chu reports that
Jeremy Blosson, Cofounder and CEO of Strikepoint Media, moderated the panel The Key To Winning Customers In Bear Markets" at Benzinga's Fintech Deal Day. Earlier this year, amid growing concerns of a recession, platforms were dealing with a crisis of confidence. After the FTX fiasco, platforms are now facing a crisis of trust. The panel
The Biden White House pressured Twitter to both “elevate” and “suppress” purported COVID-19 “misinformation” — but ended up “censoring info that was true but inconvenient” to policymakers, according to the latest edition of the “Twitter Files” revealed Monday. The coercion campaign during the pandemic began with the Trump administration, but was stepped up under Biden,
Hedge funds trading bonds and currencies are on track for their best year since the global financial crisis, boosted by the steep interest rate rises that have inflicted heavy losses on equity specialists and mainstream investors. So-called macro hedge funds, made famous by the likes of George Soros and Louis Bacon, endured a barren period
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
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,
Billionaire investor Tim Draper has earned the title "adventure capitalist" by betting on a series of notable tech successes, including Hotmail, Skype, SpaceX, AngelList, SolarCity, Twitter, DocuSign, Coinbase, Robinhood, and Ancestry.com. Draper was an early supporter of Bitcoin BTC/USD and has made early predictions which for the past eight years have turned out to be
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
‘Twas the night before Christmas at Mar-a-Lago and not a creature was stirring except for the former president, who was ranting. Donald Trump expressed his version of goodwill to all in a Christmas Eve posting on his Truth Social platform, directing tidings to the “Radical Left Marxists,” the “Department of Injustice,” and the “LameStream Media.”