Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called "a glorified pyramid scheme."
The post Do Kwon Gets 15 Years for $40B Terra Luna Crypto Fraud appeared first on TechRepublic.
From the rapid ascent of mobile commerce to the expanding influence of AI on product discovery, the data shows a marketplace undergoing rapid modernization.
The post Black Friday Spending Hit $11.7B in US, Adobe Says appeared first on TechRepublic.
Consumers place growing trust in agentic commerce, according to new UK research from payments consultancy PSE Consulting.
The post Black Friday Sees Surge in AI-Assisted Shopping in UK appeared first on TechRepublic.
The accord covers two major legislative texts: the Payment Services Regulation (PSR) and the Third Payment Services Directive (PSD3).
The post EU Reaches Landmark Deal to Curb Online Payment Fraud appeared first on TechRepublic.
Firms and policymakers must act now to ensure the UK workforce “is equipped to lead the way in digitisation, innovation, and adoption.”
The post UK Government Commissions Skills Review for AI in Finance appeared first on TechRepublic.
European authorities have arrested nine suspects accused of laundering through fake crypto investment platforms.
The post European Police Dismantle €600M Crypto Fraud Network appeared first on TechRepublic.
Claude deepens financial services capabilities with Excel integration and real-time data access.
The post Anthropic Expands Claude AI for Financial Services appeared first on TechRepublic.
McKinsey describes AI as a double-edged sword: it offers banks the potential to cut operating costs, yet could also disrupt traditional profit pools as customers use AI tools to manage their finances more efficiently.
The post McKinsey Warns Banks Risk $170B Profit Decline From AI appeared first on TechRepublic.
The announcement comes amid a sharp rise in scams targeting Canadians and growing calls for stronger protections.
The post Canada Prepares to Launch Financial Crimes Agency appeared first on TechRepublic.
Once integrated, the combined Global Payments–Worldpay entity is expected to process around 94 billion transactions annually. Ye gods!
The post UK Watchdog Clears Global Payments’ $22.7B Worldpay Takeover appeared first on TechRepublic.
The Echo platform enables Web3 companies to raise capital by leveraging blockchain technology for compliance, contract issuance, and investor onboarding.
The post Coinbase Buys Crypto-Investing Platform Echo for $375M appeared first on TechRepublic.
Connexion