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Fintech

Fri, Jan 30, 2026 04:24 PM All times are UTC

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Bank of Montreal launches second fintech accelerator

May 30, 2017 10:51 am UTC| Fintech

Bank of Montreal (BMO) announced the launch of second four-month fintech accelerator program with the DMZ incubator at Ryerson University in as move to strengthen its fintech collaborations, Finextra reported. The...

Fintech startup Autobooks relocates to Detroit for rapid expansion

May 30, 2017 06:46 am UTC| Fintech

Fintech startup Autobooks that produces payment and accounting software, which integrates into online banking platforms, announced that it has relocated to Downtown Detroit, as it sees a significant potential for fintech...

Blockchain Revolution Series

ECB President Draghi highlights risk of market fragmentation resulting from different blockchain approaches

May 30, 2017 06:11 am UTC| Digital Currency Fintech

The European Central Bank (ECB) is closely monitoring potential risks from fintech and is also contributing to financial innovation by acting as operators, ECB President Mario Draghi said recently. Speaking at the ECON...

Russian financial institutions, MasterCard select 12 fintech startups for accelerator

May 30, 2017 05:50 am UTC| Fintech

Earlier in February, four Russian banks teamed up for a fintech lab and accelerator in collaboration with MasterCard and Accenture in order to foster the development of new banking products and services. Now, the...

Copenhagen FinTech, Singapore Fintech Association sign MOU to foster fintech innovations

May 29, 2017 05:54 am UTC| Fintech

Copenhagen FinTech, a Danish fintech ecosystem, has signed the first Memorandum of Understanding (MOU) with the Singapore Fintech Association in order to test solutions and offer access to the wider markets of Europe and...

Japan’s Mizuho Group to establish fintech venture in June

May 26, 2017 09:56 am UTC| Fintech

Japan-based Mizuho Financial Group announced that it will start a fintech venture in the coming month in order to generate 100 billion yen ($894 million) in added value by 2020. According to the reports by Reuters, the...

DFSA launches Innovation Testing Licence for fintech companies

May 25, 2017 09:47 am UTC| Fintech

The Dubai Financial Services Authority (DFSA) announced the launch of Innovation Testing Licence (ITL) that will permit fintech startups to apply for a class of financial services licence. ITL is a restricted financial...

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Economy

Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes

Asian currencies traded in a narrow range on Friday as the U.S. dollar rebounded modestly from a near four-year low, following comments from U.S. President Donald Trump that he would announce his nominee for the next...

Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S.

Canada recorded a sharp increase in its monthly international trade deficit in November as merchandise exports fell significantly, highlighting ongoing challenges tied to trade diversification and U.S. tariff uncertainty....

U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster

The Trump administration has eased select sanctions on Venezuelas oil industry, signaling a major policy shift aimed at encouraging U.S. investment following the ouster of President Nicolás Maduro earlier this...

Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions

Oil prices are heading for their largest monthly gains in years as escalating Middle East tensions fuel concerns over potential supply disruptions, particularly involving Iran, one of the worlds largest OPEC producers....

Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout

Indonesia stocks are set for a cautious start as investor sentiment remains fragile following a sharp market selloff triggered by concerns raised by MSCI. The Jakarta Composite Index suffered its steepest two-day decline...

Politics

Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns

Panamas Supreme Court has ruled unconstitutional the port concession contracts held by Panama Ports Company, a subsidiary of Hong Kong-based CK Hutchison Holdings (HK:0001), effectively voiding its rights to operate two of...

Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates

U.S. President Donald Trump has intensified trade tensions with Canada by announcing the decertification of Bombardier Global Express business jets and threatening steep new tariffs on Canadian-made aircraft. In a...

Trump Warns UK and Canada Against Deepening Business Ties With China

U.S. President Donald Trump has issued a strong warning to the United Kingdom and Canada over expanding business cooperation with China, describing such moves as very dangerous during a recent public appearance. His...

Faith Leaders Arrested on Capitol Hill During Protest Against Trump Immigration Policies and ICE Funding

Dozens of faith leaders were arrested on Capitol Hill in Washington, D.C., after staging a protest against President Donald Trumps immigration policies and calling for funding restrictions on U.S. Immigration and Customs...

Democrats Question Intelligence Chief’s Role in FBI Georgia Election Raid

Top Democrats on the U.S. Senate and House intelligence committees are demanding answers after Director of National Intelligence Tulsi Gabbard was present during a recent FBI raid on an election facility in Georgia, an...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom

Apple is beginning to feel the strain from rapidly rising memory chip prices, a challenge that is expected to intensify in the current quarter as the global semiconductor market pivots toward artificial intelligence...

Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High

Apple (NASDAQ: AAPL) delivered a strong fiscal first-quarter 2026 earnings report, comfortably beating Wall Street expectations on both profit and revenue, driven by its strongest iPhone sales growth in more than four...

OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs

OpenAI is reportedly accelerating preparations for a potential initial public offering (IPO), with plans to go public by the fourth quarter of 2026, according to a Wall Street Journal report citing people familiar with the...

Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook

Sandisk shares surged more than 15% in after-hours trading on Thursday after the data storage and memory solutions company delivered a fiscal second-quarter earnings report that significantly exceeded Wall Street...

Elon Musk’s SpaceX Explores Merger Options With Tesla or xAI, Reports Say

Elon Musks SpaceX is reportedly exploring potential merger and consolidation options with Tesla Inc. (NASDAQ: TSLA) or artificial intelligence startup xAI, according to a Bloomberg report citing people familiar with the...