Q&A with Devon Sherman of MassChallenge FinTech
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Devon Sherman, Senior Managing Director of MassChallenge FinTech and HealthTech
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Fintech News Stories
Cryptocurrency exchange Coinbase files to go public
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Coinbase just filed its paperwork to go public through a direct listing, becoming the first cryptocurrency exchange that will list on the Nasdaq.
Read MoreFederal Reserve payments outage raises system-wide stability questions
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A series of payments systems operated by the Fed went down for several hours on Wednesday due to an “operational error,” affecting multiple services, including the automated clearinghouse system (FedACH), a lifeline that connects financial institutions sending electronic credit and debt transfers.
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Streamlabs embeds creator tipping capability in website builder
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Streamlabs, a Logitech-owned company that specializes in tools to help streamers increase engagement, is including a tipping option in its mobile website builder Willow.
Read MoreRichmond Fed appoints bitcoin advocate Sunayna Tuteja as chief innovation officer
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The Federal Reserve Bank of Richmond has appointed Sunayna Tuteja, TD Ameritrade’s former head of digital assets and distributed ledger technology, as its chief innovation officer.
Read MoreHSBC looks East as it angles strategy toward affluent consumers in Asia
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Although its pre-tax profit fell 34% in 2020 compared to the year prior, HSBC’s annual earnings beat expectations despite a tough year due to the coronavirus pandemic.
Read MoreStandard Chartered to use video KYC to tackle account onboarding in India
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Standard Chartered Bank India is rolling out a video KYC (know your customer) process for account onboarding, eliminating the need for customers to go to physical branches to validate documents.
Read MoreStripe appoints central bank heavy hitter Mark Carney to board
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Stripe, a firm whose tools allow merchants to accept payments, has named Mark Carney to its board of directors. Carney, a former governor of the Bank of England and the Bank of Canada, is currently the United Nations envoy on climate action and finance.
Read MoreCentral bank-backed digital currencies gather momentum in The Bahamas and Sweden
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A week after Canada’s central bank confirmed that its plans for a central bank-backed digital currency (CBDC) have accelerated during the pandemic, government-backed digital currencies cleared hurdles in two other markets.
Read MoreRobinhood, Citadel and Reddit CEOs testify before Congress
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Amid the GameStop trading frenzy in recent weeks, the U.S. House Financial Services Committee heard from tech CEOs, including Robinhood CEO Vlad Tenev, on Thursday, Feb. 18.
Read MoreFDIC appoints Sultan Meghji as first chief innovation officer
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The Federal Deposit Insurance Corporation (FDIC) has appointed fintech executive Sultan Meghji as its first-ever chief innovation officer.
Read MoreAnnouncing SXSW Pitch 2021 Finalists
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This year’s SXSW Pitch finalists and alternates feature over 50 interactive technology companies from 8 different categories. These companies will virtually pitch and participate in a 5-minute Q&A with three judges as a part of SXSW Online.
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Goldman Sachs rolls out digital investing for customers with as little as $1,000
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Goldman Sachs, the famed Wall Street investment bank, is increasingly moving to Main Street with the rollout of consumer financial services offices offerings, the latest being Marcus Invest this week.
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