Daniel Gorfine News Today

This first-of-its-kind convening of leaders from international financial institutions, central banks, businesses, technology providers, and governments aims to establish an understanding of the issues countries must consider before issuing a CBDC.

Two committees of the U.S. House of Representatives held hearings on digital asset regulation April 27 with often similar testimonies.

The US House of Representatives saw two simultaneous hearings involving crypto yesterday, held by the Financial Services Committee and the Agriculture Committee.

Americans are currently seeing a period of potentially significant change as financial technology (FinTech) companies seek to harness advances in communications, data processing, and cryptography to compete with traditional providers across a host of services. FinTech is changing how financial services are provided in a host of ways that make it possible for new competitors to compete with incumbents.1 Some of the most powerful are removing geographic limitations on where a company can offer its...

The company’s platform could come in handy in the coming weeks or even months as the crypto market regains its footing.

June 5, 2021 Share A top Federal Reserve official raised eyebrows in the financial services world last week by saying that the central bank is stepping up development of a plan that could result in the issuance of a digitized version of the U.S. dollar. In doing so, she indicated that the U.S. is joining a growing movement among major economic powers to rethink how money will be exchanged in the future. The U.S. would not be the first country to consider launching what is known as a “...

Innovative Lending Platform Association promoting transparency A representative of one of the founding companies behind the Innovative Lending Platform Association said their efforts are helping consumers make sense of what can be a confusing sea of lending options. OnDeck vice president of external affairs and general counsel Daniel Gorfine said OnDeck, Kabbage and Can Capital came together in partnership with with the Association for Enterprise Opportunity to help small business owners make a...

Financial Risk monitoring co Solidus Labs raises $20m The firm seeks to transform financial risk monitoring, beginning with the new challenges posed by crypto and digital asset markets. Crypto-native risk monitoring and market surveillance company Solidus Labs today announced it has completed a $20 million financing round as part of its series A funding, led by Evolution Equity Partners, with participation of Hanaco Ventures, 645 ventures, FTX and Avon Ventures. This funding round also includes...

Financial Technology Association : Welcomes New Members 05/03/2021 | 11:31am EDT Send by mail : Message : Klarna, Truework, Nium, Sezzle join cross-section of fintech leaders focused on advancing modern, consumer-centric regulation The Financial Technology Association (“FTA”) announced that Klarna, Truework, Nium, and Sezzle have become the newest members of the trade group. With these new members, FTA expands and deepens its broad representation of the fintech industry ranging from leader...

The Financial Technology Association Names Klarna, Truework, Nium & Sezzle As New Members May 3, 2021 @ 1:55 pm By Samantha Hurst Financial Technology Association (FTA), a trade body for the technology-centered financial services industry, announced on Monday that Klarna, Truework, Nium, and Sezzle have become its newest members. As previously reported, FTA said it believes the successful integration of Fintech solutions in the American financial system starts with the adoption of national poli...