Technology

Mike Cagney’s blockchain lending startup Figure Technologies plans to raise $250 million through a new blank-check company, according to an SEC filing.

Miami Mayor Francis Suarez proposed paying municipal workers and collecting taxes in bitcoin, expanding a campaign to promote cryptocurrencies.

Fraudsters are continuing to take advantage of the COVID-19 pandemic to exploit online shopping, curbside delivery and unemployment, according to Visa.

A company’s approach to regulation and compliance, including issues concerning diversity and inclusion, can and likely will have a huge impact on growth, profitability, and longevity, say lawyers from Seyfarth.

Tech firms, banks, card networks and governments are all making strong progress toward the everyday use of digital currencies.

Opportunity Financial, which offers consumer installment loans in partnership with banks, is merging with FG New America Acquisition Corp., a special-purpose acquisition corporation. The deal is expected to close in the second quarter.

The trust bank and the credit card company said they'll make it easier for customers to use cryptocurrencies. The announcements contributed to another jump in the price of the largest digital asset.

The consumer mindset has shifted to favoring online services, which are now viewed as essential for public health and safety, says FICO's Therese Henry.

The Swedish installment lender's diversification makes it a direct competitor to mainstream banks.

With suppliers adopting digital payments at a more significant rate, it feels like we’ve reached the tipping point where checks are becoming obsolete on a broader scale, says Nvoicepay's Josh Cyphers.