AGP Executive Report
Last update: an hour agoCrypto Regulation: Russian exchanges could begin crypto trading on Nov. 22, subject to central bank approval of their rules. Consumer Finance: Rent-to-own company Acima agreed to pay $183.5 million to settle claims in 43 states over allegedly misleading rental terms and markups. Fraud Prevention: The FTC is considering making tech platforms share responsibility for scam posts; consumers reported $16 billion in fraud losses last year. Banking Technology: Core provider CSI says its recent acquisitions are intended to help community banks compete for commercial customers as larger lenders move into their markets. Fintech Investment: Airwallex plans to invest S$2 billion in Singapore and add about 250 jobs over five years. Fintech Clara raised $65 million in a Series C and reports more than $100 million in annualized revenue with positive EBITDA. AI Infrastructure Finance: Blackstone-backed Rowan Digital Infrastructure secured about $1.5 billion in financing to advance hyperscale data-center projects.
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