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New Immigrants Arriving in the US Don t have Established Credit Histories, Preventing them from Accessing Many Financial Services, Fintech Execs Explain

March 10, 2021 @ 7:06 pm By Omar Faridi Immigrants who might not have an established credit history may be able to take advantage of advancements in Fintech that provide tools to help these people become homeowners and gain employment as well, according to industry professionals. As first report by CQ Roll Call, new immigrants have to face challenges upon their arrival to  countries like the US. The barriers may include them not knowing the language or even facing discriminatory policies. Fintech specialists have pointed out that immigrants are unable to gain access to the credit required for covering basic expenses such as renting out an apartment, acquiring an autonomile loan or getting a mobile phone.

MassMutual Buys $100 Million Worth of Bitcoin (BTC) with Help of NYDIG

MassMutual Buys $100 Million Worth of Bitcoin (BTC) with Help of NYDIG Dec 11 2020 · 09:18 UTC by Bhushan Akolkar · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Insurance giant MassMutual notes that the latest Bitcoin purchase comes as part of the company’s plan to deliver long-term value to policy owners. NYDIG will facilitate the complete Bitcoin custody for MassMutual. Institutional investments continue to flow in Bitcoin (BTC) at an increasing rate. On Thursday, December 10, Massachusetts Mutual Life (MassMutual) announced the purchase of $100 Million worth of Bitcoin (BTC). This purchase of Bitcoins comes with the help of New York-based FinTech giant NYDIG.

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