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Fintech

Tue, May 07, 2024 07:52 AM All times are UTC

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Blurring lines between finance and technology, Banks embrace fintech revolution

Sep 23, 2016 06:40 am UTC| Fintech

The line between finance and technology is blurring day by day with the surge in financial technology or fintech companies. Leading banks are increasingly taking interest in this emerging space and investing billions of...

U.S. House bill focuses on establishing ‘sandbox’ for fintech innovation

Sep 22, 2016 13:07 pm UTC| Fintech

A House bill has been intended in order to keep U.S. from losing financial innovators and business to Britain after U.K. rolled out its fintech sandbox program. According to reports by WSJ, a bill was introduced by Rep....

Thailand to set up fintech regulatory sandbox

Sep 22, 2016 09:30 am UTC| Fintech

According to latest reports, the Bank of Thailand is planning to launch a regulatory sandbox for fintech product experimentation early next year, which will enable fintech developers to receive licences quickly. The...

ETA hosts FinTech Policy Forum to discuss on safe, reliable and secure payments technology

Sep 22, 2016 07:44 am UTC| Fintech

The Electronic Transactions Association (ETA), a leading trade association for the payments industry, announced that it will host inaugural FinTech Policy Forum on Capitol Hill. According to the official release, the...

Intrinio launches Fintech Marketplace for developers

Sep 21, 2016 09:41 am UTC| Fintech

Florida- based financial data provider Intrinio announced the launch of the Intrinio Fintech Marketplace this week in a move to make financial data more affordable and easier to use for developers. According to the...

Fintech startup Stripe brings digital payments processing to Singaporean business

Sep 21, 2016 06:59 am UTC| Fintech

Stripe, a digital payments firm headquartered in San Francisco, has announced that it has fully launched its services to all Singaporean business, allowing them to start accepting payments instantly. With more than 90%...

Marvelstone Group to launch largest fintech hub LATTICE80 in Singapore

Sep 21, 2016 06:17 am UTC| Fintech

Marvelstone Group, a private investment group in growing business, will launch the worlds largest Fintech Hub in Singapore LATTICE80, in early November. According to the official release, LATTICE80 aims to help in...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Bitcoin Hits New Highs, 200-Day Moving Average Reaches Record $50,178

Bitcoins 200-day moving average has surged to a record $50,178, marking a historic peak for the cryptocurrency. According to Anthony Pompliano and recent market data, Bitcoin is as strong as ever, maintaining a bullish...

Rivian Eyes Apple Partnership After Landing $1.5M per Job Government Boost

In a striking turnaround from its near-collapse, Rivian Automotive is now in discussions for a potential partnership with Apple. This comes after securing a whopping $1.5 million per job created in government incentives,...

NVIDIA & AMD Secure TSMC’s CoWoS Supply Through 2025 Amid AI Boom

AMD and NVIDIA have reportedly locked in all of TSMCs Chip-on-Wafer-on-Substrate (CoWoS) manufacturing capacity for the next two years. This strategic acquisition aims to propel their respective advances in artificial...

USDh Launches as First Bitcoin-Backed Dollar Offering 25% Yield

In a groundbreaking development in Bitcoin-native decentralized finance (DeFi), Hermetica has announced the launch of USDh, the first synthetic dollar backed by Bitcoin with a promising yield of up to 25%. Set to debut in...

Huawei's Mate 70 Series to Run on Kirin 9100 Chip: AnTuTu Scores Equal Snapdragon 8 Gen 1

Rumors swirl around Huaweis upcoming Mate 70 flagship series, hinting at a groundbreaking inclusion: the Kirin 9100 chipset. Initial performance figures suggest the chip matches Qualcomms Snapdragon 8 Gen 1, setting the...