November, 2024

November, 2024

Trump taps crypto advocate Howard Lutnick as commerce secretary
President-elect Donald Trump announced Howard Lutnick, CEO of financial services firm Cantor Fitzgerald, as his nominee for Secretary of Commerce on Nov. 19. The decision positions Lutnick, a vocal pr...

Bitfinity bridges Bitcoin and Ethereum with new Layer-2 mainnet, raises $12 million
Bitfinity Network, a Bitcoin Layer-2 solution compatible with the Ethereum Virtual Machine (EVM), has officially launched its mainnet after raising nearly $12 million, according to a Nov. 19 statement...

Analyst Says Dogecoin Has Way More Room To Grow, Sees Potential Rally to New All-Time High for DOGE
A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) may be gearing up for an explosive surge. Analyst Ali Martinez tells his 80,000 followers on the social media platform X...

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity
A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking. A California court ruled today t...

Fiserv and ADP Partner to Build Small Business Management Platform
Fiserv and ADP have partnered to offer U.S.-based small businesses a management system with capabilities across payroll, cash management and payments. The companies will create an integrated solution ...

CFPB: Student Loan Servicers’ Autopay Errors ‘Completely Unacceptable’
The Consumer Financial Protection Bureau (CFPB) is seeing cases in which student loan servicers are withdrawing incorrect amounts from borrowers’ bank accounts and making other errors involving paym...

Santander Launches Openbank Digital Bank in Mexico
Santander’s fully digital bank, Openbank, launched in Mexico on Tuesday (Nov. 19). The Openbank Mexico website and app are now operating, promising a fully digital bank, no minimum balances, no fees...

Financial Institutions Face Surge in Check Fraud
Banks, credit unions and brokerages are reportedly racing to keep up with a surge in check fraud as tips for committing the crime are being shared on social media platforms. These scams take advantage...

High-Income Shoppers Load Up Their Grocery Carts at Walmart
During the latest conference call with analysts, Walmart’s management observed that that, in a quarter where same-store sales were up 5.3% in the United States, transaction counts and unit volumes w...

Report: Trump Advisory Commission Considers Free Tax-Filing App
Intuit and H&R Block saw their stocks drop 5% and 8%, respectively, on Tuesday (Nov. 19) after a media report that the incoming Trump administration is considering a free tax-filing app. The Washingto...

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B&T Television

February