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5 Major California Firms, Other Businesses, Invest Billions in Black Enterprises. Where Will The Money Go?
July 9, 2020
Over the last month, several corporations have stepped up to fund the Black community.   ... read more »
Xoom Rolls Out Domestic Money Transfer Services in the U.S.
November 15, 2019
Xoom, PayPal’s international money transfer service, today rolled out the ability for customers to send money to recipients in the U.S. for the first time. Through strategic alliances with Walmart and Ria, Americans can now use Xoom to send money fast for cash pick-up typically in minutes at nearly 5,000 locations across the country*. ... read more »
Committee Democrats Call on Facebook to Halt Cryptocurrency Plans
July 12, 2019
“Investors and consumers transacting in Libra may be exposed to serious privacy and national security concerns, cyber security risks, and trading risks. Those using Facebook’s digital wallet – storing potentially trillions of dollars without depository insurance– also may become unique targets for hackers. For example, during the first three quarters of 2018, hackers stole nearly $1 billion from cryptocurrency exchanges.[3] The system could also provide an under-regulated platform for illicit activity and money laundering.” ... read more »
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