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How Texas is Surviving the Web

Texas is a big state, with a lot of businesses and organizations big and small. A 2016 report by the U.S. Small Business Administration counts 2.4 million small businesses registered in Texas alone. That means it has a lot of websites, too. Between data compliance scares, industry shifts and technology innovations, how does Texas survive […] Read more

Bitcoin review: A cryptic code, Dorsey's bit license, BitFlyer halts

Bitcoin prices fell more than 5 percent on Friday after Japan's financial regulator ordered several cryptocurrency exchanges to improve their practices against money laundering. The digital currency traded at $6,349 as of 7:45 a.m. ET, breaking below $6,400 for the first time in about a week. For more on that story, and some of the other major crypto stories this week, peruse the headlines below:...

Bitcoin tumbles 9% after Japan orders exchanges to beef up practices against money laundering

Bitcoin prices fall after Japan orders several cryptocurrency exchanges to review their business practices.

Wealth management startup SigFig secures $50 million round led by General Atlantic

NEW YORK (Reuters) - SigFig, a San Francisco-based startup that provides wealth management technology to financial companies, has raised $50 million from investors, it said on Tuesday.

Atlanta Residents Say They Rely on Outside Sources for Financial Independence

Dateline City: Atlanta Nearly one in three Atlanta residents says their financial stability is dependent on receiving an inheritance. In line with their national counterparts, they are most likely to depend on financial assistance from their parents (19 percent, respectively), significant others (9 percent, compared to 8 percent nationally), children (7 percent, compared to 4 percent nationally) ...

Bank of America Surpasses 1 Million Users on Erica

Dateline City: CHARLOTTE, N.C. Bank of America today announced that it has surpassed 1 million users on Erica, the first widely available AI-driven virtual assistant in financial services, available to clients in its mobile banking app. The milestone was reached within two months of completing its phased rollout, making Erica available to mobile clients nationwide. Our clients are increasingly as...

Overhauling 'dark ages' FHA a must for housing reform, HUD says

Risk management and technology systems at the Federal Housing Administration lag decades behind Fannie Mae and Freddie Mac and desperately need to be revamped, according to a top official at HUD.

Avoiding another cryptocurrency penis moment with WatermelonBlock and IBM Watson

EXCLUSIVE: It was a watershed moment in the wonderful world of cryptocurrencies, ICOs, and blockchain technology projects. Prodeum — which promised to revolutionize the fruit and vegetable industry — replaced its website, post-ICO, with a white screen that contained just one word. “Penis.” It is unclear who perpetrated the scam. While the company looked like a […]

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