Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Fintech

Wed, Jun 24, 2026 07:05 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

VirtusaPolaris to launch OpenBank API Accelerator to further fintech innovations

Nov 16, 2016 09:27 am UTC| Fintech

VirtusaPolaris, the provider of information technology (IT) consulting and outsourcing services, announced the launch of its OpenBank API Accelerator in a move to advance fintech innovations. The announcement was made...

Genpact leverages platform to streamline online business lending for fintech firms and banks

Nov 16, 2016 07:34 am UTC| Fintech

Genpact, a leader in digitally-powered business process management and services, announced an innovative platform that drives rapid, broad-scale transformation, and changes the business model for online commercial lending,...

Monetary Authority of Singapore publishes ‘regulatory sandbox’ guidelines for fintech

Nov 16, 2016 04:55 am UTC| Fintech

The Monetary Authority of Singapore (MAS) has issued its regulatory sandbox guidelines for fintech, in order to encourage and allow experimentation of solutions that utilize technology innovatively to deliver financial...

Dexibit wins Fintech Innovation Challenge award

Nov 15, 2016 09:59 am UTC| Fintech

The Fintech Innovation Challenge that was held at The Point 2016, hosted by Payments NZ, announced Dexibit that provides analytics for museums, as the award winner. The challenge saw five finalists, each having six...

Bank Indonesia launches fintech office in Jakarta

Nov 15, 2016 07:46 am UTC| Fintech

Bank Indonesia (BI) announced the inauguration of its fintech office in Jakarta in a need to support the healthy development of technology-based financial transactions. In order to achieve this, the fintech office...

ANZ and DBS Bank open fintech innovation labs in Singapore

Nov 15, 2016 07:20 am UTC| Fintech

Just before the start of the week-long Singapore FinTech Festival, ANZ and DBS Bank have each announced the opening of innovation labs in Singapore. DBS officially announced on Monday the opening of the new innovation...

Two banks apply to Hong Kong fintech sandbox to test biometric technologies

Nov 11, 2016 07:38 am UTC| Fintech

Hong Kong Monetary Authority (HKMA) Chief Executive Norman Chan announced that the countrys banking regulator received applications from two banks in order to test emerging technologies in biometric, under a new regulatory...

91 92 93 94 95 96 97 98 99 100

Economy

Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows

Malaysias central bank has announced new measures to support the ringgit after the currency weakened more than 4% in June, driven largely by foreign investor caution and expectations of higher U.S. interest rates. Bank...

Bessent Says U.S. Must Strengthen Supply Chains and Economic Security

U.S. Treasury Secretary Scott Bessent said the Trump administration is focused on strengthening supply chain resilience to protect critical industries from economic disruptions, pandemics, geopolitical conflicts, and...

South Korea Remains MSCI Emerging Market Despite Reform Progress

South Korea will remain classified as an emerging market by MSCI after the global index provider decided not to upgrade the country to developed market status in its latest market accessibility review released on Tuesday....

South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery

South Koreas benchmark KOSPI index staged a strong recovery on Wednesday, climbing 3.4% to 8,480.21 points after suffering a sharp sell-off in the previous session. The rebound was driven largely by gains in major...

Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive

Australias inflation rate eased more than expected in May, offering signs that price pressures may be gradually cooling and strengthening the case for the Reserve Bank of Australia (RBA) to keep interest rates unchanged in...

Politics

US Senate Approves War Powers Resolution Urging Trump to End Iran Military Action

The U.S. Senate has approved a war powers resolution directing President Donald Trump to halt U.S. military involvement in Iran, marking a significant congressional challenge to the administrations foreign policy. The...

Crimea Power Outage After Ukrainian Drone Attack, Russian Authorities Say

Power supplies were disrupted in Sevastopol, the largest city in Russian-annexed Crimea, following what local Russian-installed authorities described as a Ukrainian attack on energy infrastructure. Mikhail Razvozhayev, the...

Cait Conley Wins Democratic Nomination, Sets Up Key House Battle Against Mike Lawler in New York

Cait Conley, a U.S. Army veteran and former national security official, has secured the Democratic nomination to challenge Republican Congressman Mike Lawler in New Yorks highly competitive 17th Congressional District. The...

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

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

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...