Swiss fintech Lykke hires FX veteran Demetrios Zamboglou to lead crypto-marketplace
Dec 23, 2016 06:02 am UTC| Fintech
Swiss fintech company Lykke that is building a global marketplace on blockchain, has announced that it has added FX and CFD veteran Demetrios Zamboglou as its Chief Business Development Office in order to lead the ongoing...
Blockchain firm Axoni raises $18M in Series A funding
Dec 22, 2016 12:57 pm UTC| Fintech
Blockchain company Axoni announced that it has raised $18 million in a Series A financing round that is led by Wells Fargo and Euclid Opportunities. The funding round has brought Axonis total funding to date above $20...
South Korea to support fintech firms enter China
Dec 22, 2016 10:47 am UTC| Fintech
South Korea pitched during the Fintech Demo Day that was held in Beijing that it would support those South Korean fintech startups that seeks to establish itself in Chinese market, Korea Herald reported. According to...
Financial services giant State Street trials blockchain technology for securities lending
Dec 22, 2016 06:19 am UTC| Fintech
American worldwide financial services holding company State Street Corp has completed testing a blockchain system that will be used to streamline the securities lending process, since the financial sector hastens its...
Hyperledger blockchain consortium welcomes Swisscom
Dec 22, 2016 05:03 am UTC| Fintech
Swiss telecom giant Swisscom announced that it is the first Swiss member to join the global blockchain Hyperledger Project that is being supported by over 100 companies including IBM, Intel, and JP Morgan, among others....
Pensions Dashboard adds six companies as fintech partners
Dec 21, 2016 11:45 am UTC| Fintech
Association of British Insurers (ABI) has announced that six firms have been chosen as fintech partners on the Pensions Dashboard, creating the first prototype of an online service that will show people all their pension...
Blockchain – not fit for financial markets
Dec 21, 2016 10:26 am UTC| Fintech
For a discipline that is supposedly rational, finance has had its fair share of irrational crazes. For example, the dotcom bubble and the collateralized debt obligation craze that led to the global financial crisis. The...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight