House Committee Says GameStop and Other Meme Actions Revealed Poor Financial Services Business Practices

A federal investigation into the meme stock frenzy that gripped Reddit investors in early 2021 has led to a host of policy changes recommended by the House Committee on Financial Services and calls for better treatment of all retail investors. The majority staff report entitled “Game stopped” was released on Friday by committee chair Maxine … Read more

The Disruption House to Provide ESG Verification of Fintech Solutions on Temenos Exchange to Accelerate Global Financial Services Innovation

LONDON, June 23, 2022 /PRNewswire/ — The Disruption House, a provider of in-depth risk analytics on the ESG capabilities and business resilience of private and venture-backed companies, has announced that its dashboards and reports will be available to many companies hosted on the Temenos open marketplace for fintech solutions. Using model-based analytics developed on internationally … Read more

Rooted in Hong Kong, Eddid Financial Group seeks transformational breakthroughs for market expansion against economic recession and promotion of innovative financial services.

HONG KONG, June 21, 2022 /PRNewswire/ — The global financial market has been volatile in recent years due to the epidemic, which has caused many local securities companies, especially small and medium-sized enterprises, to face operational difficulties and even to close. It is fair to say that the market is in a situation of survival … Read more

California Finalizes Commercial Finance Disclosure Regulations – Financial Services

To print this article, all you need to do is be registered or log in to Mondaq.com. California’s Office of Administrative Law (OAL) has approved the California Department of Financial Protection and Innovation’s (DFPI) final rule, which requires commercial finance providers, including non-bank lenders, to provide commercial borrowers with information on the cost … Read more

Global X selected as manager of Colombia’s first local sovereign debt ETF

NEW YORK, June 13, 2022 /PRNewswire/ — Global X ETFs, the New Yorkprovider of exchange-traded funds (ETFs), today announced that the company, which offers financial services through its representative office registered with the Superintendence of Finance in Colombiawas selected by the Colombian Ministry of Finance and Public Credit, in cooperation with the World Bank, as … Read more

IFF Launches Annual Green Finance Prize Selection on World Environment Day

BEIJING, June 5, 2022 /PRNewswire/ — The International Finance Forum (IFF) will begin accepting nominations for the annual IFF Global Green Finance Award, beginning on June 5which is also World Environment Day. Echoing the World Environment Day theme “Only One Earth”, which emphasizes the need for change through policy changes and our choices to live … Read more

Jack Henry named one of the best places to work in fintech in 2022

Recognized for the fifth consecutive year for its inclusive culture and employee appreciation MONET, Mo., June 2, 2022 /PRNewswire/ — Jack Henry & Associates, Inc.® (NASDAQ: JKHY) was named one of 2022 Best Workplaces in Fintech by Arizent and Best Companies Group. This is the fifth consecutive year that the company has made the list. … Read more

Desty, Banese’s new digital bank, is powered by Technisys to support financial inclusion

The initiative is considered a pioneer among state-owned banks in Brazil and aims to monitor market developments and respond to consumer needs to support financial inclusion in the country. MIAMI, June 3, 2022 /PRNewswire/ — The Banese Group introduces a new digital bank, Desty, to the Brazilian market. This launch was made possible thanks to … Read more

Kiya.ai launches India’s first-ever banking metaverse

Mumbai, India, June 3, 2022 /PRNewswire/ — Have you ever imagined being able to go to the bank branch virtually (without leaving your home) or easily discuss investment plans with an advisor? Well, the day is not far off when individuals will be able to conduct transactions, access banking information and enjoy various banking products … Read more

Here’s What’s in New York’s New Bitcoin Mining Ban

Following an early morning vote in Albany on Friday, New York lawmakers passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources. carbon. The measure is now heading to Governor Kathy Hochul’s office, who could sign it or veto it. If Hochul signs the bill, it would make New York … Read more