Month: December 2022
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Klarna CEO Sees No Further Rounds Of Layoffs Despite Tripled Net Loss!
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The payment service provider Klarna is suffering from consumer restraint. Nevertheless, Klarna CEO Sebastian Siemiatkowski is optimistic. Growth in the U.S. and the U.K. gave the “Buy-Now-Pay-Later” pioneer Klarna an increase in revenue in the first nine months of the year. Revenues and payment volumes rose 22% year-on-year, the Swedish…
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U.K. Police Faced With $1.5B Crypto Fraud “Epidemic!”
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Over the past year, cryptocurrency fraud has increased by 32% in the U.K. This is part of a larger “fraud epidemic” that began during the pandemic as people moved their financial activities online, according to a Financial Times report. Crypto-related losses totaled £226 million (or $272 million) from October 2021…
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Introducing Technology Influencer Evan Kirstel!
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Evan is a B2B thought leader and a leading technology influencer helping B2B clients grow their social media audience and leverage LinkedIn and Twitter for sales, networking, engagement, and social selling! Evan Kirstel has a total social media audience of 470,000 (350,000 Twitter followers, 54,000 LinkedIn followers, 70,000 Instagram followers,…
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Corrupted: Crypto News Platform The Block Received $27 Million In Loans From SBF!
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It’s called corruption! The Block announces that Michael McCaffrey has resigned as CEO after failing to disclose $27 million in loans from FTX subsidiary Alameda Research. The crypto publication In a Medium post, The Block’s Bobby Moran wrote that McCaffrey was the only person at the organization who had “knowledge…
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MEP Kaili Suspended From The Party Over A Money Laundering & Corruption Scandal!
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European Parliament Vice President Eva Kaili, a key figure in ongoing efforts to regulate cryptocurrencies in Europe, has been suspended by her party. It comes in response to reports that she and others are allegedly involved in a wide-ranging corruption scandal involving illegal lobbying for Qatar.
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The Trial Against Ex-Chief Braun Started!
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Two and a half years after the spectacular bankruptcy of the financial group Wirecard, the mammoth criminal trial against its former boss, the Austrian Markus Braun, has begun. In one of the biggest financial scandals in German history, Braun and two other former managers of the former DAX company will…
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TX Ventures Launches Its Own FinTech Investment Fund With A Volume Of CHF 100 Million.
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As the independent and return-oriented venture arm of TX Group, TX Ventures has built a strong investment track record with investments such as Challenger bank neon, alternative investment platform Stableton, real estate price intelligence software Pricehubble and exits such as mortgage platform Moneypark.
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Valor PayTech Appoints Eric Bernstein As CEO!
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Valor PayTech (website), a fast-growing fintech provider of end-to-end, processor-agnostic omnichannel payments solutions, announced the appointment of Eric Bernstein as Chief Executive Officer in addition to his current role as Chief Operating Officer, effective immediately. Bernstein has also been appointed to the company’s board of directors.
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Introducing FinTech Influencer And Entopreuner Daniel Newman!
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Daniel Newman (LinkedIn) is a founding partner and the principal analyst at Futurum Research and CEO of Broadsuite Media Group. He lives his life at the intersection of people and technology, working with the world’s largest technology brands to explore digital transformation and its impact on the enterprise. From Big…
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J.P. Morgan Invests In Swiss WealthTech Companies!
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J.P. Morgan’s private bank is investing in two Swiss fintech companies. The goal is to personalize investment advice for private clients further. The private bank of the central US bank J.P. Morgan is investing in two Swiss fintech companies. The investment will be made through an affiliate of J.P. Morgan…