Digital Assets: What to Do When the SEC Comes Calling

Last week, the Wall Street Blockchain Alliance (WSBA), in partnership with the global law firm of Linklaters, hosted a forum on dealing with investigations or inquiries from the Securities and Exchange Commission (SEC). Enforcement actions or investigations by the SEC in the world of securities... Read More The post Digital Assets:

Portland-based Fintech WEX Confirms Two Acquisitions Worth $1.7 Billion

Portland-based WEX Inc. (NYSE: WEX), an established financial technology (Fintech) service provider, confirmed on January 24 that it’s planning to make two new acquisitions worth an estimated $1.7 billion. The Fintech firm has reportedly finalized an agreement to acquire Singapore-headquartered eNett, a provider of business-to-business... Read More The post Portland-based Fintech

Indonesia E-Commerce Marketplace Tokopedia Set to Finalize $1.5 Billion Round from Softbank, Alibaba, Temasek

Tokopedia, an Indonesia-based e-commerce marketplace, is reportedly in the final stages of closing an investment round valued at around $1.5 billion from Japan’s Softbank, China’s Alibaba Group and Singapore-based Temasek. The Tokopedia marketplace, which is notably the largest of its kind in Indonesia, is now... Read More The post Indonesia E-Commerce

Sonos clarifies how unsupported devices will be treated

Smart speaker manufacturer Sonos clarified its stance when it comes to old devices that are no longer supported. The company faced some criticisms after its original announcement. Sonos now says that you’ll be able to create two separate Sonos systems so that your newer devices stay

RealtyMogul Reports Topping $500 Million Invested, $136 Million Returned to Investors

RealtyMogul, a real estate crowdfunding marketplace, has topped $500 million in property investments since platform launch, according to a release. RealtyMogul also states that it has returned over $136 million to investors since 2013. RealtyMogul notes that it raised its first $250 million in invested... Read More The post RealtyMogul Reports

Andreessen Horowitz-backed Internet Computer Developer Dfinity Unveils Demo of “Open Version” of LinkedIn

Decentralized cloud computing developer Dfinity, which notably secured $102 million back in 2018, has unveiled what appears to be an “open version” of giant professional social network LinkedIn, referred to as “LinkedUp.” The LinkedUp app has reportedly been launched on Dfinity’s decentralized “Internet Computer,” instead... Read More The post Andreessen Horowitz-backed

HAB Bank Teams Up with Jack Henry to Enhance Commercial Lending Process by Offering All-Digital Loan Origination

Jack Henry & Associates, Inc. has confirmed that its division ProfitStars’s suite was used by Habib American Bank (HAB Bank) to develop its Commercial Lending Center Suite. The suite will improve the institution’s commercial lending business, enhance operational efficiencies and help offer a better experience... Read More The post HAB Bank

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