Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How India's Data Protection Bill Will Impact Lending And Fintech?
Effective data privacy safeguards have today become an important source of competitive advantage in the modern era, as the consumers have increasingly begun to prefer dealing with organizations that give them a semblance of control over their data.
UnionBank, PH Central Bank Governor and MAS Fintech Chief Talk
OutReach – 6 July 2020 – Union Bank of the Philippines (UnionBank) recently hosted a digital fireside chat on “Transformational Regulatory Change to Accelerate Innovation” with the Philippine Central Bank Governor Dr.
Blockchain, Cryptocurrency and the Future of Monetary Policy
WASHINGTON - Aug. 24, 2019 - -- 'It is critical to understand that bitcoin was created in direct response to the failure of global regulators to protect the public in the years leading up to the financial crisis of 2007/2008. Thus, the social and…
Abu Dhabi's MidChains closes latest funding from Mubadala and ADIO
Abu Dhabi: The fintech company MidChains announced its latest funding round, with investments from Mubadala Capital, Abu Dhabi Investment Office (ADIO), Miami International Holdings and others. Operating at Abu Dhabi Global Market (ADGM), MidChains…
The Finanser's Week: 29th June 2020 - 5th July 2020
The main blog headlines are … Another day and another headline about Wirecard: ‘The money's gone': Wirecard collapses owing $4 billion Wirecard's Missing Billions Forces Out CEO, Panics Lenders Wirecard: Former boss arrested over…
Ideanomics charged into Connecticut with a lofty vision, but instead left unanswered questions and a contaminated eyesore
WEST HARTFORD — Two years ago the financial technology company Ideanomics, then called Seven Stars Cloud, charged into Connecticut with promises of a new life for the contaminated former UConn campus in West Hartford. The company described a…
Dow Jones: A True Cross Section of American Industry?
Dow Jones: A True Cross Section of American Industry? If you ask a financial analyst or expert trader how to get a picture of where the global economy is currently headed, they will likely tell you to consult the Dow Jones Industrial Average. The…
HSBC hires 100 wealth advisers in China
HSBC Holdings has hired 100 wealth advisers and is setting up a fintech venture in China as part of a plan to increase investment in the mainland despite plans to slash as much as 35,000 staff globally. The London-headquartered bank, which earned…
Top business news: Tech salaries, Conde Nast video, clean energy
Tech companies splash out huge sums of cash to attract top talent, as Rob Price reported this week. How much exactly? From his story: Compensation overall remains a closely guarded secret, with firms refusing to disclose their rates as employees…
Amid COVID-19, U.S. Senate Talks Bitcoin, Ethereum, Stablecoins And Digital Dollars
On June 30, the U.S. Senate Banking Committee held a hearing that covered a whole host of policy topics on the digitization of money and payments. In what was described as a move closer to the U.S. Digital Dollar, the hearing also covered a broad…
Wirecard stock: Robinhood traders think it's a toxic dud
German fintech Wirecard filed for insolvency in June following a $2 billion scandal, which saw its former chief executive Markus Braun get arrested and resign. Wire card's share price tanked 97% from $117 to just under $4 in less than three weeks.
Buy now, pay whenever? Lockdown lift for online shopping loans
(Reuters) - Browsing online during lockdown, Jessica Friend spotted a pair of Ray-Ban sunglasses she liked, but the price tag made the 30-year-old Ohio resident think twice. What persuaded her to click 'buy', Friend said, was the short-term credit…
'Pile of garbage': Wirecard's stock is so toxic after its $2 billion accounting scandal that even the hig..
German fintech Wirecard filed for insolvency in June following a $2 billion scandal, which saw its former chief executive Markus Braun get arrested and resign. Wire card's share price tanked 97% from $117 to just under $4 in less than three weeks.
CBN should explore opportunities in taking a frontal role in adoption of its own Nigerian Made Digital Currency - TundeBuremo
Tunde Aderemi Ibrahim, popularly known as TundeBuremo is the Chief Executive Officer (CEO) of LoadNG Automated Systems, a Nigeria-based cryptocurrency company expanding its reach in Nigeria and other African countries. In this interview with NIYI…
Taiwan Stock Market Due For Consolidation On Monday
The Taiwan stock market has finished higher in four straight sessions, spiking more than 360 points or 3.2 percent along the way. The Taiwan Stock Exchange now sits just shy of the 11,910-point plateau although it figures to open lower on Monday.
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