January 2024 - Page 16

TLDR: Monday, January 15, 2024, is Martin Luther King Jr. Day, a federal holiday in the United States. Most banks will be closed, including Bank of America, Chase, Wells Fargo, Citibank, and

TLDR: JPMorgan Chase is facing backlash after a customer had $10,700 drained from her account in a banking scam. The customer received a text message asking her to authorize a $1,700 transaction,

TLDR: America’s broken caregiving system needs reform Families are financially stressed by caregiving Caregiving should be a financial priority Monthly payments for child care have risen AARP’s report “Valuing the Invaluable” shows

TLDR: In the world of digital banking, identity theft is becoming increasingly prevalent. As cyber fraudsters become more sophisticated, traditional security systems are struggling to keep up. In order to combat this

TLDR: The Federal Trade Commission (FTC) has filed a complaint against fintech company FloatMe, accusing it of deception and discrimination in its subscription cash advance offerings. The complaint alleges that FloatMe misrepresented

TLDR: Central banks should coordinate their monetary policies to take into account the effects on other countries, according to a research paper published by the Federal Reserve Bank of Minneapolis. The authors

TLDR: This article reflects on what the finance industry could learn from the principles and leadership of Martin Luther King Jr. The author discusses how King’s philosophy of equality, justice, and nonviolence

In response to the rapid advancements in quantum computing technology, the UPCX platform has implemented post-quantum cryptography to safeguard future fintech security. Quantum computers have the potential to pose a threat to

TLDR: Fintech funding in 2023 decreased by more than 50% compared to the previous year, marking its lowest level in six years. The AI and manufacturing sectors outpaced fintech in terms of

InvestCloud, a global provider of wealth and asset management solutions, has appointed a new Chairman and CEO as it enters a new phase of development. Former Fiserv CEO Jeffery W. Yabuki will