This Week in Fintech: TFT Bi-Weekly News Roundup 12/10
The Fintech Times Bi-Weekly News Roundup on Thursday 12 October 2023. Funding and investments Untangled Finance, the London-based fintech, has raised $13.5million in multi-year strategic funding to accelerate its mission to bring institutional-grade credit with a built-in liquidation mechanism on-chain. Fasanara Capital, the fintech investment platform, is the lead investor in the round. Proceeds from […]
Rescuers in Gaza Struggle With Dwindling Fuel and Equipment
Paramedics said they would need bulldozers, which they don’t have, to pull more people from buildings destroyed by Israeli airstrikes amid power cuts.Read More
What Will Bank Earnings Say About the Economy?
JPMorgan, Wells Fargo and Citigroup will report third-quarter results on Friday, followed by others next week.Read More
As Red States Curb Social Media, Did Montana’s TikTok Ban Go Too Far?
Montana is at the forefront of a wave of new tech laws passed by Republican-led states. Some give parents control over their children’s social media accounts.Read More
In Russian Military Town, Patriotism and Pathos Live Side by Side
The contradictions of Vladimir Putin’s war are changing the face of towns with military bases in Russia. Patriotism and pride are abundant, but so are sadness and death.Read More
Trump’s Lawyers Lash Out Over Timing of His Federal Trials
In a court filing, the former president’s legal team accused prosecutors in the classified documents case of trying at any cost to win a verdict against him by Election Day.Read More
Trump’s Claim of ‘Absolute Immunity’ Collides With Supreme Court Precedents
The former president says he has “absolute immunity.” But an array of Supreme Court decisions tells a different story.Read More
Defendants in Trump Georgia Case Seek Donations for Big Legal Fees
Fund-raising campaigns — including one selling “MAGA honey” — are underway for many of the 18 defendants in a case that could take years to resolve.Read More
Tensions Rise on Israel-Lebanon Border, and More
Plus, Republicans undercut a new selection for House speaker, and the aftermath of a devastating earthquake in Afghanistan.Read More
IEA Warns of Increased Risk to Oil Markets Amid Israel Conflict
The energy watchdog raised its demand forecast for this year to a record as OPEC supply remains constrained.Read More