Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
US banks could cut 200,000 jobs over next decade, top analyst says
US banks stand to shed 200,000 jobs, or 10 per cent of employees, over the next decade as they manoeuvre to increase profitability in the face of changing customer behaviour, according to a banking analyst. “This will be the biggest…
Central Bank is urged to improve fintech resources
A trade group representing major fintech companies including Stripe has urged the Central Bank of Ireland to put more resources behind processing licence applications. The Electronic Money Association, based in Brussels, told the Central Bank in a…
Crypto and blockchain must accept they have a problem, then lead in sustainability
Image Credits: Chonticha Vatpongpee / EyeEm / Getty Images As the price of bitcoin hits record highs and cryptocurrencies become increasingly mainstream, the industry's expanding carbon footprint becomes harder to ignore. Just last week, Elon Musk…
Fintech Focus Roundup For May 16, 2021
Public Launches SPAC Pages, Allowing Users Transparency Into The Popular Space Public, a commission-free trading app and investing social network, announced the addition of SPAC Pages, a place where members can learn about key investors…
4 of the worst ways to use AI
Join Transform 2021 this July 12-16. Register fo r the AI event of the year. As the pandemic further accelerates our digital transformation, companies are relying even more on automation and particularly on artificial intelligence. Two-thirds of…
The secret life of Ian Osborne, the shadowy 38-year-old cofounder of Chamath Palihapitiya's SPAC who has built the ultimate black book of billionaires
Mysterious British investor Ian Osborne has dazzled the tech and finance industries through Social Capital Hedosophia, his SPAC with Chamath Palihapitiya. Before the SPAC boom, the secretive Osborne parlayed his gig as a teenager theater producer…
Future of Crypto Currencies in India
Bitcoin was developed by a Japanese engineer named Satoshi Nakamoto in the year 2009. His name has been indicated as pseudonymous and so also may be the nationality and the age of forty-five. Satoshi had authored the bitcoin whitepaper, created and…
SoftBank Singapore Becomes a Consultant in Kishu Inu
Leading $100B+ Global Investment Firm becomes a consultant in fast-growing meme cryptocurrency, Kishu Inu SoftBank Singapore has become a consultant in Kishu Inu (KISHU). In its first month since launch, Kishu Inu has made a record-breaking…
Some places for Bitcoin investment in 2021 - Punch Newspapers
Coinbase is the easiest place to buy and sell cryptocurrency, especially, Bitcoin. As one of the leading mainstream cryptocurrency exchanges in the United States, the platform has become a standard on-ramp for new crypto investors over the past few…
The regulators are coming for crypto: What investors need to know
Just this week, Ether (ETH) breached the $4,000 mark while Bitcoin (BTC), the world's most popular cryptocurrency, recently hit another all-time high at over $63,000. Meanwhile, Dogecoin (DOGE) continues its roller-coaster ride after 'Dogefather'…
Elon Musk wants Bitcoin, but not its carbon footprint. Can Bitcoin mining go green?
Bitcoin's incredible power consumption has become a matter of popular concern this year, most recently because of an errant tweet from Tesla CEO Elon Musk—whose musings on cryptocurrency are watched closely by crypto-enthusiasts. On…
Defying COVID-19: Blockchain events make an in-person return
The year 2020, for most of the inhabitants of our planet, was passed in lockdowns or quarantine due to the COVID-19 pandemic; many were forced to stay at home. Social events were canceled or postponed, and entire sectors of the world economy…
Improbable founder's battle to transform the world of video games
Most start-ups struggle to find space to work from in their formative years, with employees often spending hours hunched over laptops in coffee shops as they dream of hitting $1bn (£711m) “unicorn” valuations. For the first two…
Regulators may be doing Alibaba a favor after all
It's hard to put a positive spin on Alibaba Group Holding Ltd.'s $2.8 billion antitrust fine, but I'll try. That penalty, announced last month and recognized in the March quarter, pushed the Chinese e-commerce giant into its first operating loss in…
This Week in Apps: Apple talks App Store fraud, responds to antitrust complaints; Facebook growth is slipping
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in…
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