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⿻ 2078 results found.

 
Title
Description
Date
Brexit hits ability of UK fintech to lure top talent: report
Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said on Tuesday, threatening to slam the brakes on a 7 billion pound ($9 billion)growth sector just as EU states step up competition.
Mar 19
03:16 AM
U.S. fintech to buy Worldpay as electronic payments business booms
U.S. fintech Fidelity National Information Services Inc (FIS) has agreed to buy payment processor Worldpay for about $35 billion, the biggest deal to date in the fast-growing electronic payments industry.
Mar 18
04:57 AM
U.S. fintech FIS to buy payment processor Worldpay for about $35 billion
U.S. fintech group Fidelity National Information Services Inc (FIS) has agreed to buy payment processor Worldpay for about $35 billion, in the biggest deal to date in the booming payments industry.
Mar 18
02:16 AM
Fidelity National to buy payment processor Worldpay for about $35 billion
U.S. fintech group Fidelity National Information Services Inc has agreed to buy payment processor Worldpay for about $35 billion, as it looks to bulk up in a lucrative yet rapidly changing industry.
Mar 18
01:06 AM
Fidelity National to buy Worldpay for $34.83 billion
U.S.-based fintech group Fidelity National Information Services Inc (FIS) has agreed to buy payment processor Worldpay for $34.83 billion, as it looks to bulk up in a rapidly changing industry.
Mar 18
12:56 AM
Singtel signs deal to expand mobile wallet alliance to Japan
Singapore Telecommunications Ltd said on Monday it has signed a partnership to enable the use of its cross-border mobile wallet platform in Japan, as the telecom operator moves ahead with its digital payments expansion.
Mar 18
12:11 AM
China's central bank says will gradually set up rules to regulate fintech
China's central bank said on Saturday it will gradually set up a system of rules to regulate fintech, and will fully utilize the technology to optimize the flow of credit and reduce financing costs for businesses.
Mar 16
12:41 AM
TREASURIES-U.S. 10-year yields sink to more than 2-month low ahead of Fed meeting
Dreyfuss NEW YORK, March 15 (Reuters) - Benchmark 10-year and 2-year U.S. Treasury yields on Friday dropped to their lowest levels since early January, weighed down by weaker-than-expected U.S. economic data that suggested the Federal Reserve will hold interest rates steady for the rest of the year. Expectations that the Federal Reserve will strike a dovish tone at next week's two-day policy meeting also pressured yields, analysts said. Both 10-year and 30-year U.S. yields have declined in seven of the last 10 sessions, reflecting a benign inflation outlook and slowing growth in the world's largest economy. Data showed on Friday that U.S. manufacturing output fell 0.4 percent in February, weakening for a second straight month, while factory activity in New York state was softer than expected this month with an index reading of 3.7. Following the data, U.S. 3- and 5-year yields briefly inverted, which could augur ill for the economy. Some analysts though said the movements between two short-dated maturities does not really offer a clear insight on the bond market's economic outlook.
Mar 15
12:36 PM
TREASURIES-U.S. 2-year, 10-year yields tumble to more than two-month low
Dreyfuss NEW YORK, March 15 (Reuters) - Benchmark 10-year and 2-year U.S. Treasury yields on Friday fell to their lowest levels since early January, weighed down by weaker-than-expected U.S. economic data that suggested the Federal Reserve will hold interest rates steady for the rest of the year. Expectations that the Federal Reserve will strike a dovish tone at next week's policy meeting also pressured yields, analysts said. Both U.S. 10-year and 30-year yields have declined in seven of the last 10 sessions, reflecting a benign inflation outlook and slowing growth in the world's largest economy. Data showed on Friday that U.S. manufacturing output fell 0.4 percent in February, falling for a second straight month, while factory activity in New York state was weaker than expected this month with a reading of 3.7. Following the data, U.S. 3- and 5-year yields briefly inverted, which could augur ill for the economy. Some analysts though said the movements between two short-dated maturities does not really offer a clear insight on the bond market's economic outlook.
Mar 15
08:03 AM
Japan court hands Mt. Gox founder 2-1/2 years suspended sentence: Kyodo
A Tokyo court on Friday handed the founder of the now-defunct Mt. Gox bitcoin currency exchange a 2-1/2-year suspended sentence for his role in the loss of hundreds of millions of dollars worth of bitcoins and cash, Kyodo news agency reported.
Mar 14
07:26 PM
Canada mulls setting rules for crypto platforms
Canadian regulators are looking to create new rules for crypto trading platforms, months after the death of the founder of digital platform Quadriga CX that led to about C$180 million ($135 million) in frozen cryptocurrencies.
Mar 14
11:26 AM
Brazil's central bank head vows greater openness to foreign investors
Brazil's new central bank president Roberto Campos Neto on Wednesday pledged to make Brazil more attractive to foreign investors, while expanding credit to small domestic firms and increasing the presence of fintechs across the economy.
Mar 13
01:06 PM
Cryptocurrency firm agrees to stop using Alibaba name
A cryptocurrency firm said it will stop using trademarks including the term
Mar 11
07:41 AM
U.S. calls 'OneCoin' huge pyramid scheme, charges leaders
U.S. authorities on Friday announced criminal charges against the alleged leaders of an multibillion-dollar pyramid scheme involving the sale of a fraudulent cryptocurrency, OneCoin.
Mar 08
10:11 AM
Australia watchdog suspends two cryptocurrency exchanges for drug offences
Australia's anti-money laundering watchdog said on Friday it had suspended license of two cryptocurrency exchanges after a police investigation found the businesses were being exploited for drug trafficking.
Mar 08
01:56 AM
No.2 cryptocurrency Ethereum faces software 'fork'; lower supply seen
Ethereum, the world's second biggest cryptocurrency, was set on Thursday for major software upgrades that traders and analysts predicted would significantly reduce its supply. (ETH )
Feb 28
10:16 AM
U.S. charges My Big Coin virtual currency firm founder with fraud
The founder of a Nevada-based company was arrested on Wednesday on federal charges that he participated in a $6 million scheme to defraud people who wanted to buy a virtual currency called My Big Coin that he claimed was backed by gold.
Feb 27
10:11 AM
London Stock Exchange invests in start-up behind world's first cryptocurrency bond
London Stock Exchange Group (LSEG) said on Wednesday it had invested in a start-up that lets companies issue debt on blockchain, signalling growing interest from mainstream finance in the technology behind cryptocurrencies.
Feb 27
12:11 AM
Malta leads on cryptoassets regulation while EU ponders
As the European Commission ponders whether the European Union needs rules for cryptoassets and trading in virtual currencies, EU states are moving ahead with their own regulations, with the smallest of them, Malta, leading the pack.
Feb 26
06:26 AM
Julius Baer gets into crypto banking with SEBA partnership
Julius Baer plans to offer access to digital assets through a partnership with Swiss start-up SEBA Crypto in the latest move into cryptocurrencies by a Swiss private bank.
Feb 26
04:41 AM
Cryptocurrency companies use 'backdoor' listings to ease into mainstream
Several cryptocurrency exchanges have moved closer to mainstream markets by buying listed companies, looking to raise funds and present themselves as embedded in the traditional financial services world they once spurned.
Feb 21
04:16 PM
Germany consults industry about blockchain potential
Germany has opened a consultation process on how to tap into the potential of blockchain technology ahead of presenting a strategy by the summer, government sources said on Monday.
Feb 18
06:16 AM
Big Tech's banking foray on regulators' radar
The march of so-called Big Tech into financial services could pose a bigger threat to banks than upstart fintech specialists, warranting scrutiny for threats to financial stability, a global regulatory body said on Thursday.
Feb 14
09:06 AM
JPMorgan Chase to create digital coins using blockchain for payments
JPMorgan Chase & Co said on Thursday it plans to launch its own digital coins, called
Feb 14
06:16 AM
HSBC forex trading costs cut sharply by blockchain -executive
HSBC has reduced the cost of settling foreign exchange trades by a quarter through its blockchain-based system, an executive overseeing the project told Reuters, offering a glimpse of the savings the technology could offer banks.
Feb 14
03:47 AM
Cryptocurrency traders protest Indonesia's new futures rules
Indonesian cryptocurrency traders are complaining that the government's new rules on futures trading, which require high minimum capital for traders, will hinder development of the young but growing market.
Feb 13
10:21 PM
Cryptocurrency firm Quadriga moved bitcoins to 'cold wallets' inadvertently: report
Canadian digital currency platform Quadriga inadvertently transferred almost C$470,000 ($355,226) worth of bitcoins to a storage that it is unable to access after the firm's founder died, a court-nominated monitor said in a report.
Feb 13
10:01 AM
Cryptocurrency firm Quadriga moved bitcoins to 'cold wallets' inadvertently - report
Canadian digital currency platform Quadriga inadvertently transferred almost C$470,000 ($355,226) worth of bitcoins to a storage that it is unable to access after the firm's founder died, a court-nominated monitor said in a report.
Feb 13
09:51 AM
Vitruvian puts German fintech Smava up for sale: sources
Buyout group Vitruvian is putting German consumer credit online platform Smava up for sale, people close to the matter said.
Feb 13
03:21 AM
Ontario securities regulator looking into digital platform Quadriga
Canada's main securities regulator said on Friday that it was looking into Quadriga CX, the digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts.
Feb 08
11:36 AM
Banking whistleblower's next crusade: a clean cryptocurrency
One of banking's most wanted whistleblowers, Frenchman Herve Falciani, has picked unlikely new weapons to fight money-laundering and fraud - cryptocurrency and the blockchain technology behind it.
Feb 08
06:21 AM
Lithuania sees flood of fintech firms apply for licences ahead of Brexit
About 100 financial companies and start-ups from Britain and elsewhere are applying for a licence in burgeoning fintech hub Lithuania to ensure they have access to the European Union after Brexit, the country's central bank told Reuters.
Feb 08
06:16 AM
Lithuania sees flood of UK fintech firms apply for licences ahead of Brexit
About 100 British financial companies and start-ups are applying for a licence in burgeoning fintech hub Lithuania to ensure they have access to the European Union after Brexit, the country's central bank told Reuters.
Feb 08
04:46 AM
Crypto bear market threatens to last as potential token supply weighs
Cryptocurrencies may be facing a prolonged bear market.
Feb 08
04:27 AM
Lithuania sees flood of UK fintech firms apply for license ahead of Brexit
About 100 British financial companies and start-ups are applying for a license in burgeoning fintech hub Lithuania to ensure they have access to the European Union after Brexit, the country's central bank told Reuters.
Feb 08
04:27 AM
Canada securities watchdog says crypto firm Quadriga beyond its purview
British Columbia Securities Commission, the province's securities regulator, said on Thursday that it does not regulate Quadriga CX, the Vancouver, B.C.-based digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts.
Feb 07
12:56 PM
Swiss exchange SIX to launch blockchain bourse in second half
Swiss exchange SIX plans to launch its new SDX trading platform using blockchain technology to speed up trading in the second half of this year, Chairman Romeo Lacher said on Wednesday.
Feb 06
11:01 AM
Fintech firm Pagaya issuing $100 million in asset-backed securities
Pagaya, a U.S.-Israeli firm that uses machine learning and big data to manage institutional money, said on Wednesday it is issuing and overseeing $100 million in actively managed asset-backed securities led by structuring agent Cantor Fitzgerald.
Feb 06
05:21 AM
Judge pauses lawsuits against cryptocurrency company Quadriga
A cryptocurrency platform that lost access to millions of dollars when its founder died with sole knowledge of company passwords has been granted a temporary reprieve from creditor lawsuits.
Feb 05
02:51 PM
Millions in cryptocurrencies frozen after Canadian founder's death
AboutC$180 million ($137.21 million) in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly in December.
Feb 04
04:46 PM
U.S. crypto exchange Kraken buys index provider Crypto Facilities
U.S. virtual currency exchange Kraken said on Monday that it had acquired Crypto Facilities, a cryptocurrency index provider that calculates the reference price for CME Group Inc's bitcoin futures.
Feb 04
08:26 AM
Goldman Sachs invests in HSBC-backed fintech app Bud
Goldman Sachs is among the investors in a $20 million fundraising for financial technology firm Bud, the two companies said on Monday, the latest in a series of investments by big global banks seeking to partner with fintechs.
Feb 03
04:14 PM
IOTA says bulk of $11 million stolen tokens found, hacker worked alone
A top official at technology group IOTA Foundation said most of the roughly $11 million in the company's cryptocurrency stolen from investor wallets has been found, but the funds are being held to be used as evidence by law enforcement authorities against the alleged perpetrator of the heist. (MIOTA )
Jan 30
10:06 AM
Cryptocurrency thefts, scams hit $1.7 billion in 2018: report
Cryptocurrencies stolen from exchanges and scammed from investors surged more than 400 percent in 2018 to around $1.7 billion, according to a report from U.S.-based cyber security firm CipherTrace released on Tuesday.
Jan 29
06:42 AM
Fintech companies raised a record $39.6 billion in 2018: research
Venture capital-backed financial technology companies raised a record $39.57 billion from investors globally in 2018, up 120 percent from the previous year, according to research by data provider CB Insights published on Tuesday.
Jan 28
09:46 PM
Fintech companies raised a record $39.6 bln in 2018 -research
Venture capital-backed financial technology companies raised a record $39.57 billion from investors globally in 2018, up 120 percent from the previous year, according to research by data provider CB Insights published on Tuesday.
Jan 28
09:11 PM
U.S. bank trade group, Accenture and others back fintech startup Finxact
Accenture Plc, SunTrust Banks Inc and the American Bankers Association, a trade group for U.S. banks, said on Friday that they had joined a $30 million investment round in Finxact, a startup that develops the back-end technology used by banks to process some transactions.
Jan 25
04:11 AM
BoE's Carney says cryptocurrencies unlikely to revolutionize financial sector
Bank of England Governor Mark Carney said on Thursday that cryptocurrencies were unlikely to revolutionize the financial sector because they were more like assets than currencies.
Jan 24
10:31 AM
BOJ's Kuroda warns fintech firms could disrupt banking system
Japan's central bank chief, Haruhiko Kuroda, said on Thursday that fintech companies could disrupt the banking system of advanced economies in a serious way.
Jan 24
10:16 AM
Fintech companies could seriously disrupt banking: BOJ's Kuroda
Japan's central bank chief, Haruhiko Kuroda, said on Thursday that fin-tech companies could disrupt the banking system in a serious way.
Jan 24
10:02 AM



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