At least ten risk analysis studies and financial analysts follow the stock of Silvergate Corp. (SI), which is traded on the public market. Silvergate and other regional banks are analyzed by analysts for any fraud or risky parameters, who then provide a stock or bond rating for the company.
Fintechs can now benefit from Monnai’s consumer insights platform thanks to the company’s $6.5 million Series A funding round. Tiger Global has led an investment round where current investors like Better Future Ventures, Emphasis Ventures, and 500 Global have also participated (EMVC). The funds will improve the company’s decision-making capacity using
Major trends are expected to influence the financial services sector in the next five to ten years. One of the most noteworthy developments is the rising popularity of cloud-based software. Financial institutions increasingly turn to cloud-based solutions for their data storage, processing, and analysis needs due to their greater scalability and lower costs. Financial data
The latest legal controversy surrounding cryptocurrency may come in the form of a large class action lawsuit from ordinary investors against major U.S. cryptocurrency exchanges. According to a news release assessed by FOX Business, securities attorney Tom Grady, widely recognized as one of the nation’s leading investor fraud attorneys, is getting prepared for future
Fintech’s meteoric development has marked the beginning of an age of financial services but has also raised the specter of fraud. Fintech organizations must have a reliable system for identifying fraud that processes data in real-time since fraudsters are constantly developing new methods to abuse the system. AI and ML can help enhance fraud detection […]
This year has been difficult for the fintech and cryptocurrency industries. Former FTX CEO Sam Bankman-Fried faces multiple allegations, including wire fraud, money laundering, and securities fraud. Amit Bhardwaj, the founder of GainBitcoin, and Markus Braun, the former chief of Wirecard, have been accused of fintech fraud. The college planning company Frank’s