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Tag: Paycheck

Pwn2Own Toronto: 54 hacks, 63 new bugs, $1 million in bounties

by Paul Ducklin You’ve probably heard of Pwn2Own, a hacking contest that started life alongside the annual CanSecWest cybersecurity event...

A Texas Crypto Firm Is in Trouble for Defrauding COVID Program

A Dallas man and the digital currency company he created are in hot water after being charged with defrauding a financial program introduced during the COVID...

Banks empower those who power the economy

While we continue to measure the economy by market strength, we can’t forget that for many, financial security means affording the basics like shelter,...

How Bitcoin And Artificial Intelligence Will Free Your Time

This is an opinion editorial by Sydney Bright, a professional science writer on the topic of health benefits from mindfulness-based practices.Where is technology taking...

Crypto Marketers Search for a New Sales Pitch After FTX Crisis

The sudden multibillion-dollar collapse of the FTX crypto exchange has inflicted destitution and misery on great swaths of the crypto world. Retail investors are...

Plaid and Green Dot Leverage Open Finance to Help Customers Access their Money

Open finance company Plaid and money management solutions provider Green Dot entered into a partnership this week. Green Dot will help its GO2bank customers connect to more than 6,000 apps and services powered by Plaid. The partnership leverages Plaid Exchange, the company’s open finance API solution. Open finance expert Plaid and money management solutions provider Read more...

The post Plaid and Green Dot Leverage Open Finance to Help Customers Access their Money appeared first on Finovate.

NMG Opens Office in New York and Expands its U.S. and Canadian Investor Relations Commitment Ahead of NYSE Bell Ringing

+    NMG has opened a New York corporate office to further service and interact with the U.S. investment community. +    NMG has also set up a comprehensive Investor Relations function in New York, with the appointment of Mr. Mark Mitchell, of Matrix Advisors, who will be focusing on servicing the U.S. market. +    At the same time, the […]

The post NMG Opens Office in New York and Expands its U.S. and Canadian Investor Relations Commitment Ahead of NYSE Bell Ringing appeared first on Fintech News.

Argyle Raises Another $55M for its Employment Data Platform That’s Making Credit More Accessible

Financial institutions are increasingly using automated models to accelerate credit decisions leveraging AI/ML. In order to build the next-generation models to handle these tasks, organizations must design systems that are reflective of the dynamics of a modern economy (prevalence of gig/flexible workers) and have the appropriate supporting data to assess. Argyle is an employment data platform that provides companies with real-time access to employment data that can be used in decisioning. All the data on the platform is user-permissioned, protecting the personal information of the applicant. In terms of employment, decisioning models have far too long stringently relied only on traditional W2 income for assessing worthiness, limiting access to the financial system for otherwise qualified potential borrowers. With Argyle, banking, lending, loan servicing, and insurance companies can get verified, real-time income data straight from the source. In addition to income and employment verification, the company also offers paycheck-linked lending, where loans are repaid directly from paycheck proceeds. The platform contains data and is integrated with 75% of the US workforce, covering 75M employees across 500K employers. AlleyWatch caught up with Argyle Founder and CEO Shmulik Fishman to learn more about how his experience in adtech served as the inspiration for the business, the company's strategic plans, latest round of funding, which brings the total funding raised to $77.6M, and much, much more...

Forget cash. Pay me in bitcoin

In November, when bitcoin and Ethereum reached all-time highs, famous athletes, politicians, and regular people raced to join in on the excitement by announcing that they would convert a portion of their salaries into cryptocurrency. Their argument was that if you get paid in US dollars, as inflation increases, the value of your paycheck decreases. […]

The post Forget cash. Pay me in bitcoin appeared first on Daily Fintech.

JP Richardson Requires All His Employees to Be Paid in BTC

JP Richardson – the CEO and founder of crypto wallet firm Exodus – is doing what many companies would consider unthinkable. He’s paying all his employees in bitcoin, and he’s broadcasting their salaries on the blockchain to ensure transparency. JP Richardson Is Pushing the BTC Initiative Richardson began his company in 2015. Initially, everyone working...

The post JP Richardson Requires All His Employees to Be Paid in BTC appeared first on Live Bitcoin News.

How banks can face the normalization of crypto in 2022

Almost a decade ago, financial institutions, including banks, and most consumers were outrightly skeptical of the legitimacy of cryptocurrency. Fast forward to today, and cryptocurrency is everywhere, rapidly making its way into the mainstream – from LA’s iconic Staples Center now being renamed as Crypto.com Arena, to one of the country’s top politicians, Mayor Eric […]

SoFi Technologies Reports Fourth Quarter and Fiscal Year 2021 Results

Record GAAP and Adjusted Revenue for Fourth Quarter and Full Year 2021 Fourth Quarter $286 Million GAAP Revenue Up 67%, $280 Million Adjusted Revenue Up 54% Year-over-Year Fourth Quarter Adjusted EBITDA of $5 Million Positive for 6th Straight Quarter Record 523,000 Quarterly New Member Adds Up 39% Sequentially Record 906,000 Quarterly New Product Adds Up […]

The post SoFi Technologies Reports Fourth Quarter and Fiscal Year 2021 Results appeared first on Fintech News.

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