In today’s top news, Coinbase plans to begin trading on April 14, crypto firms raised more in the first quarter of 2021 than all of 2020, and regulators want more information on how financial institutions use artificial intelligence.
Coinbase Sets A Date; April 14 For IPO
Coinbase, the largest cryptocurrency exchange in the U.S., plans to begin trading on Nasdaq on April 14, after the U.S. Securities and Exchange Commission (SEC) declared the company’s registration statement effective yesterday (April 1).
Michaels Teams With Instacart To Trial Same-Day Delivery
Michaels is launching a pilot program with Instacart for same-day delivery from 100 of its craft stores in Chicago, Dallas and Washington D.C. Michaels is the first crafts retailer to partner with Instacart.
VCs Pour Money Into Crypto; Q1 Outpaces All of 2020
In the first quarter of 2021, 129 blockchain-focused startups raised about $2.6 billion. That tops all of last year, when 341 deals raised around $2.3 billion.
Regulators Seek Input On FIs’ Use Of AI
Five federal regulatory agencies want more information on artificial intelligence — and its use in financial services. Here’s what they want to know — along with a nod to the risks and challenges that comes along with embracing high tech to the banking ecosystem in the digital age.
Report: Banks Put CFOs in The Cash Management Driver’s Seat
Cash flow and liquidity are undoubtedly essential to businesses’ success in the current economic climate, but the big question is: How do banks deliver the real-time account control and visibility their corporate clients need? In the Corporate Cash Management Playbook, PYMNTS reveals how banks can bring digital liquidity tools to the C-suite and develop new models for innovation along the way.
To Catch A Thief: Identifying Fraudster Behaviors Before The Act
Before a cyberthief commits a crime, their online behavior betrays their purpose. Jack Alton, Neuro-ID CEO and Tommy Nicholas, CEO of Alloy, told PYMNTS’ Karen Webster the intent evident in data entry can become the clues that separate good customer behavior from the fraudster who is trying to impersonate them.
Homeland Security Embarks on Cyber Sprint To Stop Ransomware
Ransomware has made the top of the list of high-priority cybercrime that the Department of Homeland Security plans to take on, and will get intense attention over the next two months — the first of several “cyber sprints.”
