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Ethereum Woes Validate Conservative Nature Of Bitcoin Developers

PYMNTS

For some time now, some people have thought the Bitcoin Core development team is too conservative and too concerned with technical failures to take action to improve the ability of the network to grow, but after the collapse of the DAO, two Ethereum blockchains are operating, lending more credence to bitcoin’s approach.

Bitcoin 105
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Bitcoin Daily: NY Regulator Announces New Crypto Unit; Online Crypto Lender Leaked Customers’ Credit Info

PYMNTS

In addition, Lacewell also announced leadership appointments in the new division, with Matthew Homer leading the new division as Executive Deputy Superintendent; Matthew Siegel and Olivia Bumgardner serving as Deputy Superintendents of the new division; and Andrew Lucas coming onboard as Counsel to the division.

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Credit China FinTech Invests $30M In Bitfury Group, Forms JV

PYMNTS

26) it made a $30 million investment in Bitfury Group, the bitcoin and blockchain infrastructure provider. Bitfury Group is one of the big players in providing bitcoin and private blockchain infrastructure, as well as serving as a transaction processing company.

Groups 100
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Dodd-Frank, And Deregulation, Is In The House (Maybe)

PYMNTS

In an interview with PYMNTS via written exchange, Thomas Kimner , head of Global Marketing and Operations, Risk Management, at SAS Institute , said the legislation will provide improved credit access to consumers, noting the reduced requirements for mortgage origination and lending. Elizabeth Warren (D-Mass.) and other Democrats.

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Fizzle Of The Week: The Activist CFPB

PYMNTS

And, under his leadership, the new CFPB seems bent on doing things very differently than it has in the past. percent related to prepaid cards and 2 percent to payday lending. In fact, this week, Mulvaney circulated a new mission statement for the organization, which was later leaked to The New York Times.

Lending 101
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Pokemon The Surprise Retail Sizzle Of The Summer?

PYMNTS

We’ve noticed that it seems quite prevalent as part of the bitcoin merchant acceptance MO – or at least it was at the beginning. Remember when Overstock made headlines when it accepted bitcoin? So few bitcoin transactions, so many headlines and probably so many sales afterwards – using everything but bitcoin to pay for them.

Retail 100
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2021 GonzoBanker Awards

Gonzobanker

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Lifetime Leadership Achievement Awards. We salute a legend of lending and credit union leadership. The Bank That Gets Fintech.

Fintech 143