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Blockchain Revolution Series

Bank of Russia to set up Fintech Association amid blockchain push

Dec 30, 2016 05:25 am UTC| Fintech

The Bank of Russia has announced that its representatives, along with financial market participants, have approved the decision to set up an Association for Financial Technologies Development (FinTech Association). The...

Blockchain Revolution Series

Higher School of Economics, Waves team up for Pro FinTech Startup Program

Dec 29, 2016 05:23 am UTC| Fintech

Business Incubator ofHigher Schoolof Economics inMoscowhas partnered with Waves, the decentralized platform for crowdfunding and community management, for the second year of fintech startup program...

HKMA and ASTRI launch ‘Fintech Career Accelerator Scheme’ to offer fintech internship

Dec 28, 2016 13:18 pm UTC| Fintech

The Hong Kong Monetary Authority (HKMA) announced that it has collaborated with the Applied Science and Technology Research Institute (ASTRI) and launched the Fintech Career Accelerator Scheme (FCAS) in order to nurture...

German fintech company Kapilendo AG secures €7M in Series B funding

Dec 28, 2016 10:20 am UTC| Fintech

Berlin-based fintech startup Kapilendo AG announced that it raised 7 million in a Series B funding round that was primarily supported by the new investors pension fund of the Chamber of Dentists in Berlin. The company...

Watch out for RegTech, Chatbots and India in 2017, says PwC's FinTech and RegTech leader

Dec 28, 2016 06:10 am UTC| Fintech

As we move closer to welcome 2017, Henri Arslanian, PwCs newly appointed FinTech and RegTech Leader for China Hong Kong, has put forward some predictions for financial technology (FinTech) in Asia. 2016 was the year...

Asia FinTech FOF launched in Beijing, to foster mergers and acquisitions

Dec 28, 2016 05:20 am UTC| Fintech

In a move to advance China as a financial and technology hub, Asia FinTech FOF, a foundation that aims to seek investment opportunities and fuel mergers and acquisitions (MA) in Asia, was established in Beijing on Tuesday,...

Fintech company Cardlay raises $4M in funding from private investors

Dec 27, 2016 09:01 am UTC| Fintech

Fintech firm Cardlay announced that it has raised $4 million in a funding round from private investors and the release of its white label solution for banks in order to help them optimize processes, retain customers and...

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Economy

Gold Prices Rise as Oil Slump Eases Fed Rate Hike Fears

Gold prices climbed on Tuesday as a sharp decline in oil prices eased inflation concerns and reduced expectations for additional Federal Reserve interest rate hikes. A softer U.S. dollar and renewed hopes for diplomacy...

Oil Prices Rise as U.S.-Iran Talks Fuel Diplomacy Hopes

Oil prices moved higher in Asian trading on Tuesday, snapping a four-session losing streak as investors assessed the possibility of renewed U.S.-Iran talks during this weeks United Nations General Assembly in New York....

Vietnam, US Trade Deal Could Be Signed Soon, To Lam Says

Vietnam and the United States have made positive progress in negotiations toward a new trade agreement, with a deal potentially ready to be signed soon, Vietnamese leader To Lam said, according to a government statement...

Canada Unveils Bill to Fast-Track Major Resource Projects

Canada unveiled draft legislation on Monday aimed at accelerating approvals for major natural resource and infrastructure projects, as Prime Minister Mark Carney seeks to strengthen economic growth and reduce the countrys...

Yen Weakens as Dollar Gains on Widening US-Japan Rate Gap

The Japanese yen remained under pressure against a firm U.S. dollar on Tuesday as traders focused on the widening interest rate gap between Japan and other major economies following a hawkish shift among global central...

Politics

Macron, Trump Discuss Ukraine-Russia Energy Strike Moratorium

French President Emmanuel Macron said Monday that he discussed potential measures with U.S. President Donald Trump aimed at securing a moratorium on energy-related attacks between Ukraine and Russia, as diplomatic efforts...

Burnham Eyes UK Leadership Role in AI Ahead of Trump Meeting

British Prime Minister Andy Burnham will push for the UK to take a global leadership role in artificial intelligence on Tuesday as he makes his first major appearance on the international diplomatic stage at the United...

US Plans Two New Military Bases in Greenland Under Arctic Deal

The United States plans to expand its military presence in Greenland by reopening a Cold War-era base in the south and establishing operations at another site on the islands east coast, according to people familiar with a...

US, Denmark and Greenland Set to Sign Arctic Security Deal

Denmark, Greenland and the United States are set to sign a new Greenland security agreement on Tuesday that could expand the US military presence while placing broader Arctic security under NATO oversight. The signing is...

UK, Mauritius Seek Diego Garcia Base Deal

British Prime Minister Andy Burnham has pledged to work with Mauritius and the United States to resolve the dispute surrounding the strategically important Diego Garcia military base in the Indian Ocean. Burnham spoke with...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights

US airport operations across the Northeast began returning to normal on Monday after crews repaired telecommunications problems that had disrupted air traffic and contributed to thousands of flight delays and cancellations...

OpenAI Urges US-Led Global Standards for Frontier AI

OpenAI is calling for the United States to lead an international effort to establish technical standards for advanced artificial intelligence, as concerns grow over increasingly capable AI systems and the prospect of...

Meta Partners With Shopify to Bring Shop Pay Checkout to Muse AI

Meta Platforms CEO Mark Zuckerberg announced a new partnership with Shopify aimed at bringing agentic shopping and checkout capabilities to Metas recently launched Muse artificial intelligence platform. Zuckerberg said...

SoftBank Launches $11 Billion Bond Sale to Fund OpenAI Investment

SoftBank Group Corp. has launched a major bond offering worth $10 billion and 1 billion to finance its latest investment in OpenAI, according to a term sheet released Monday. The Japanese technology investment group is...

Trump Plans Federal AI Force and AI Czar

U.S. President Donald Trump said Saturday that he plans to create a federal AI Force and appoint an artificial intelligence czar, outlining an effort to accelerate U.S. AI development while using existing laws to address...
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