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Massachusetts Mutual To Buy FinTech RIA Platform Flourish

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Massachusetts Mutual Life Insurance Company (MassMutual) has agreed with Stone Ridge Asset Management , which has over $10 billion in assets under management (AUM), for MassMutual to acquire FinTech registered investment advisor (RIA) platform Flourish , according to a press release.

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Massachusetts Files Suit Against Uber, Lyft On Drivers’ Status

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Massachusetts is the second state to declare that Uber and Lyft drivers should be deemed employees under state wage and hour laws, the Attorney General’s Office announced on Tuesday (July 14). . Attorney General Maura Healey’s Fair Labor Division has filed suit for declaratory judgment in Suffolk Superior Court against Uber Technologies Inc.

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Eximchain Secures $20M For Blockchain Platform

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Eximchain , a blockchain-based platform developed in the Massachusetts Institute of Technology’s media lab, has raised $20 million for its supply chain financing solution. Reports in BlockTribune on Monday (March 19) said Eximchain raised the investment from China-based cryptocurrency hedge fund FBG Capital.

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CORO Global Brings Gold Payment App To Alabama

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The Alabama Securities Commission on Tuesday (Nov. With the approval in Alabama, CORO is now available in the Apple App Store and Google Play store to residents in 13 states: Florida, Alabama, Arizona, Arkansas, Alaska, Delaware, Idaho, Montana, Massachusetts, Oregon, South Carolina, Washington State and Wisconsin.

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NY Man Gets Jail Time For $390K Card Skimming Scheme

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By using secret card-reading devices and pinhole cameras at various locations, Rusu and others were able to commit a widespread bank fraud conspiracy that targeted various banks in Massachusetts, New York and New Jersey from August 2014 to November 2016, according to law enforcement.

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New Facial Recognition Policy Signed Into Law In Washington State

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“This legislation represents a significant breakthrough – the first time a state or nation has passed a new law devoted exclusively to putting guardrails in place for the use of facial recognition technology,” Smith said in the post. The bill also establishes a task force to scrutinize how, when and why the technology is used.

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Berners-Lee Startup Ramps Up Aim To Decentralize ‘Net’

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In the works are a new operational team and pilot projects as Inrupt strives to create a “massively scalable, production-quality technology platform.”. For the world to experience the true value of the web we’re building, we must address the vital issues related to privacy, trust and security,” he wrote in a blog post.