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Worldpay to host Internet of Things payments hackathon in September

Sep 01, 2016 07:30 am UTC| Fintech

Worldpay, a payment processing company, has teamed up with Consult Hyperion, MongoDB and Visa Europe Collab, Visas innovation hub, to host its first Internet of Things (IoT) hackathon in London on 23-25 September. Were...

H2 Ventures files prospectus with ASIC to launch fintech investment portfolio ‘H2Ocean’

Sep 01, 2016 05:38 am UTC| Fintech

H2 Ventures, an Australia-based fintech accelerator, has established H2Ocean as a listed venture company to invest in a diversified global portfolio of early and growth stage financial technology companies. The company...

SBI Holdings to open Fintech research center

Aug 31, 2016 06:04 am UTC| Fintech

SBI Holdings Inc., Japan-based global financial services company, has announced that it will open a fintech research facility on 1st October, in a move to promote fintech development. The center will be headed by Keio...

IBM to join fintech hub at Toronto’s MaRS discovery district

Aug 30, 2016 13:21 pm UTC| Fintech

Tech giant IBM will be moving into fintech hub at Torontos MaRS discovery district in coming weeks in order to focus on cognitive technologies. According to the official release, IBM will become the first technology...

19 fintech startups selected for Nordea’s second Accelerator programme

Aug 30, 2016 10:52 am UTC| Fintech

Nordea Startup Accelerator, an intensive 12-week programme for encouraging fintech startups, has selected 19 startups that have been offered to start working at Nordeas premises in Stockholm and Helsinki from 12 September...

Russian event calls for Fintech startup projects

Aug 30, 2016 07:22 am UTC| Fintech

Finopolis 2016, an event to be held in the city of Kazan in Russia on 13 and 14 October this year, has called for fintech projects as a part of its FinTech startup competition. According to the event website, the goal...

Kadin insists Indonesian govt to initiate fintech services

Aug 29, 2016 13:27 pm UTC| Fintech

The Indonesian Chamber of Commerce and Industry (Kadin) has urged the government to facilitate fintech services by giving fiscal incentives and regulations in a move to enhance financial efficiency. According to The...

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Economy

Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes

The Bank of Japan (BOJ) introduced a new core consumer price index (CPI) on Thursday, revealing that inflation rose 2.2% in February when adjusted to exclude special institutional factors. This new measure, released...

ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge

The European Central Bank (ECB) is weighing potential interest rate hikes as escalating conflict in Iran sends energy prices soaring, triggering fresh inflationary concerns across the eurozone. Market participants are now...

WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions

Trade ministers from around the world convened Thursday in Yaoundé, Cameroon, for a critical four-day summit focused on reforming the World Trade Organization. The high-stakes gathering comes at a turbulent moment...

Japan Eyes Oil Futures Intervention to Stabilize Yen Amid Middle East Crisis

Japan is exploring an unconventional strategy to halt the yens ongoing decline directly intervening in global crude oil futures markets. The proposal, first reported by Reuters, signals Tokyos growing frustration as...

Asian Currencies Stay Muted as Dollar Holds Firm Amid Iran Uncertainty

Asian currencies remained largely subdued on Thursday as the U.S. dollar maintained its strength, with investors navigating mixed signals surrounding ongoing Middle East peace efforts. The U.S. Dollar Index held steady...

Politics

Maduro Faces Rare Narcoterrorism Charges in U.S. Court

Ousted Venezuelan President Nicolás Maduro appeared in a U.S. federal court Thursday, facing serious criminal charges that include narcoterrorism a rarely prosecuted statute with a complicated legal history....

Russia-Iran Military Alliance Deepens With Drone Shipments Amid Middle East Tensions

Moscow is moving closer to completing a multi-phase transfer of lethal drones, medicine, and food supplies to Tehran, according to Western intelligence sources cited by the Financial Times. The deliveries are designed to...

Trump Seeks Quick End to U.S.-Iran Conflict Amid Ongoing Middle East Tensions

President Donald Trump has privately told close advisers that he wants to avoid a drawn-out war with Iran and is pushing for a swift resolution to the ongoing conflict, according to a Wall Street Journal report published...

Iran-U.S. Negotiations: Tehran Reviews American Peace Proposal Amid Ongoing Gulf Conflict

Irans foreign minister confirmed Wednesday that Tehran is examining a United States peace proposal aimed at ending the escalating Gulf war, though officials stressed this falls short of direct negotiations between the two...

FEMA Reinstates $1 Billion Disaster Prevention Grant Program After Court Order

The Federal Emergency Management Agency has announced the resumption of a key disaster prevention initiative after facing legal challenges that forced the reversal of its earlier cancellation. The agency is once again...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...
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