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⿻ 2533 results found.

 
Title
Description
Date
Santander buys majority stake in fintech Mercury TFS for 30 million euros
Banco Santander said on Friday it agreed to pay 30 million euros ($33.54 million) for a majority stake in Spanish fintech company Mercury TFS that develops trade finance software for companies.
Mar 13
02:49 AM
Next BoE boss Bailey suspicious about Facebook's Libra
The next governor of the Bank of England, Andrew Bailey, said he was suspicious about Facebook's proposed global digital currency Libra because it was not clear whether it was fully backed by assets.
Mar 04
10:00 AM
Facebook to revamp its digital currency plans: The Information
Facebook Inc will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday.
Mar 03
03:46 PM
Facebook to scale back on its Libra plans: The Information
Facebook Inc will scale back on its plans for Libra global digital currency and will not make it available on its own services for now amid regulatory scrutiny, The Information said on Tuesday.
Mar 03
02:35 PM
Robinhood restores app services after suffering outage again
Fintech startup Robinhood Markets Inc said on Tuesday its free stock trading app is up and running again after a second straight day of outages.
Mar 03
11:21 AM
U.S. charges two Chinese nationals with helping North Korea steal millions in cryptocurrency
The U.S. Justice Department charged two Chinese nationals with laundering more than $100 million in cryptocurrency on behalf of North Korea, in court filings that detail Pyongyang's use of hackers to circumvent sanctions.
Mar 03
12:42 AM
'Neutron Jack' Welch, who led GE's rapid expansion, dies at 84
Jack Welch, who upended the business world in the 1980s and 1990s by transforming General Electric Co from a stolid maker of light bulbs and washing machines into the most valuable U.S. public company, has died at 84, GE said on Monday. (NTRN )
Mar 02
03:08 PM
Santander to acquire fintech from its Brazilian unit: filing
Banco Santander Brasil SA has reached an agreement to sell its financial startup Superdigital to a European subsidiary of Spain's Banco Santander SA for 270 million reais ($61.53 million), according to a filing on Friday.
Feb 28
02:22 PM
British fintech Revolut hits $5.5 billion valuation after funding round
Digital banking app Revolut has raised $500 million in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of $5.5 billion.
Feb 24
04:11 PM
Regulators need to get up to speed on digital currencies
Global financial regulators risk falling behind on rapid innovation in the digital payments industry and need to work more quickly to devise rules for crypto-currencies or
Feb 19
06:50 AM
Is bitcoin's 2020 rally another flash in the pan?
Crypto analysts are split on whether bitcoin's rise this year is driven by unique factors or is just its latest bout of volatility. But many agree on one factor: an upcoming cut to the supply of bitcoin.
Feb 13
09:36 AM
Crypto asset manager sees bitcoin mining shift from China to North America
The world's biggest cryptocurrency asset manager said on Tuesday it was seeing efforts to shift bitcoin production to North America from China, which dominates digital coin mining.
Feb 11
11:00 AM
Lending startup Figure launches U.S. ads that aim to make blockchain mainstream
Lending startupFigure Technologiesis hoping an animated character named Blockchain will give it a competitive edge against big banks that dominate the businesses it wants to disrupt.
Feb 11
07:57 AM
Cryptocurrency crime losses more than double to $4.5 billion in 2019, report finds
Losses from cryptocurrency crime surged to $4.52 billion last year, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace seen by Reuters.
Feb 11
07:57 AM
Exclusive: JPMorgan in talks to merge blockchain unit Quorum with startup ConsenSys - sources
JPMorgan Chase & Co is in talks to merge its marquee blockchain unit Quorum with Brooklyn-based startup ConsenSys, according to people familiar with the plans.
Feb 11
03:22 AM
Japan ruling party lawmakers urge government to issue digital currency
A group of Japanese ruling party lawmakers urged the government on Friday to issue Japan's own digital currency to counter China's plan to create a digital yuan.
Feb 06
09:06 PM
U.S. securities regulator unveils legal framework for digital coin offerings
Technology trading start-ups may be permitted an exemption to raise capital using digital currencies or
Feb 06
09:45 AM
Fedcoin? The U.S. central bank is looking into it
The Federal Reserve is looking at a broad range of issues around digital payments and currencies, including policy, design and legal considerations around potentially issuing its own digital currency, Governor Lael Brainard said on Wednesday.
Feb 05
02:52 PM
Fed looking into central bank digital coins, Brainard says
The Federal Reserve is looking at a broad range of issues around regulations and protections for digital payments and currencies, including the costs and potential benefits of issuing its own digital currency, Governor Lael Brainard said on Wednesday.
Feb 05
01:42 PM
University of Maastricht says it paid hackers 200,000-euro ransom
The University of Maastricht on Wednesday disclosed that it had paid hackers a ransom of 30 bitcoin -- at the time worth 200,000 euros ($220,000) -- to unblock its computer systems, including email and computers, after an attack that unfolded on Dec. 24.
Feb 05
09:30 AM
Exxon, Chevron results augur tough year ahead, shares drop 3%
Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signaling a weak start to the new year.
Jan 31
09:16 AM
Google Shopping product executive leaves for cryptocurrency exchange Coinbase
Google Shopping product leader Surojit Chatterjee is leaving Alphabet Inc for the chief product officer role at cryptocurrency exchange Coinbase Inc, the San Francisco-based startup announced on Wednesday.
Jan 29
10:15 AM
New industries may spawn Brazilian unicorns in 2020 -executives
Brazil's so-called unicorns, startups valued above $1 billion, are seen expanding in 2020 beyond the industries that have supplied them so far - large fintechs, delivery companies and mobility apps, executives said.
Jan 24
11:05 AM
MercadoLibre's financial unit to launch full card acquiring business in 2020
Argentinian fintech Mercado Pago, a unit of e-commerce company MercadoLibre , expects to launch its own credit and debit card acquiring business in 2020, its vice-president Tulio Oliveira said on Friday.
Jan 24
10:55 AM
Italy's Poste launches new Codice PostePay payment technology
Poste Italiane is launching a new payment technology with the aim to win more clients among Italian small businesses, Marco Siracusano, head of digital payment unit PostePay said on Friday.
Jan 24
04:56 AM
German fintech Heidelpay seeks acquisitions, CEO says
The German fintech Heidelpay is seeking acquisitions and eyeing an eventual initial public offering, its chief executive officer said.
Jan 24
01:30 AM
Japan ruling party lawmakers to float idea of issuing digital currency
A group of ruling party lawmakers are working on a proposal for Japan to issue its own digital currency, one of the members said, in a sign of alarm Tokyo is feeling about Facebook's Libra and China's drive to create a digital yuan.
Jan 24
12:29 AM
Explainer: Central bank digital currencies - Moving towards reality?
Central banks are looking at creating their own digital currencies - a stark contrast to the ethos of cryptocurrencies that seek to subvert mainstream authority over money.
Jan 23
08:50 AM
Vodafone Group exits Facebook-led Libra currency group
Britain's Vodafone Group PLC has left the entity that manages the Facebook Inc led effort to launch Libra, a global digital currency, Libra Association said on Tuesday.
Jan 21
01:35 PM
BOJ says central bank group to assess digital currency possibilities
The Bank of Japan said on Tuesday it and other central banks including the European Central Bank and Bank of England had formed a group to assess potential cases for central bank digital currencies (CBDCs) in their home jurisdictions.
Jan 21
05:50 AM
Central banks join forces to look at future digital currencies
Major central banks are looking at the case for issuing their own digital currencies, the Bank of England and European Central Bank said on Tuesday, amid a growing debate over the future of money and who controls it.
Jan 21
05:10 AM
Central banks announce cooperation on digital currencies
Major central banks are cooperating to look at potential cases for issuing their own digital currencies, the Bank of England and the European Central Bank said on Tuesday.
Jan 21
04:45 AM
Gemini launches in-house insurer to boost coverage for crypto assets
U.S. virtual currency firm Gemini Trust Company announced on Thursday that it has launched its own insurance unit to boost coverage against theft of crypto assets.
Jan 16
04:28 AM
Brazilian fintech Ebanx launches digital wallets for consumers
Payments startup Ebanx, one of Brazil's latest fintechs to achieve
Jan 15
12:19 AM
Travel app Omio the latest Berlin startup to take on North America
Berlin-based online travel company Omio is launching operations in North America, joining other European mobility and fintech startups in seeking to scale up operations in the world's top travel and tourism market.
Jan 14
01:21 AM
Visa to buy fintech startup Plaid in $5.3 billion deal
Visa Inc has agreed to buy privately held financial technology startup Plaid Inc in a $5.3 billion deal, the payments processor said on Monday.
Jan 13
03:16 PM
Facebook's Libra has failed in current form: Swiss president
Facebook's Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent.
2019-12-27
10:17 AM
China to expand blockchain pilot, study forex reforms for cryptocurrency: regulator
China will expand the scope of its blockchain cross-border financing pilot platform, a senior official at the country's foreign exchange regulator said on Tuesday.
2019-12-24
12:22 AM
China to expand blockchain pilot, study FX reforms for cryptocurrency: regulator
China will expand the scope of its blockchain cross-border financing pilot platform, a senior official at the country's foreign exchange regulator said on Tuesday.
2019-12-24
12:17 AM
Disruptive decade: Ten things the teen years brought world markets
The 21st century's teen years, bookended by a financial crisis at the start and the fintech revolution at the end, were a decade of disruption. From negative borrowing costs to bitcoin, here are ten trends that have upended traditional economic and investment models in the past decade:
2019-12-23
06:37 AM
Greece to extradite Russian cybercrime suspect to France
Greece will extradite a Russian man suspected of having laundered billions of dollars in the digital currency bitcoin to France, the justice minister decided on Friday, court officials said.
2019-12-20
10:57 AM
Facebook's Libra 2020 launch plan still unclear: board member
Facebook's Libra project has no solid strategy yet for how or where it will be introduced next year, a board member of the body overseeing the hotly-anticipated cryptocurrency told Reuters on Thursday.
2019-12-19
04:27 AM
Facebook's Libra 2020 launch plan still unclear - board member
Facebook's Libra project has no solid strategy yet for how or where it will be introduced next year, a board member of the body overseeing the hotly-anticipated cryptocurrency told Reuters on Thursday.
2019-12-19
04:03 AM
Exclusive: Ant Financial takes stake in Vietnam's eMonkey: sources
China's Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd , has quietly acquired a sizable stake in a Vietnamese e-wallet eMonkey, people familiar with the matter said.
2019-12-19
03:43 AM
Heard of bitcoin's 'halving'? It's set to shake crypto markets in 2020
If you're not a bitcoin enthusiast, you probably haven't heard what's happening next year: It's called the
2019-12-19
03:03 AM
Fed's Brainard: Facebook's Libra faces 'core set' of regulatory hurdles
U.S. Federal Reserve Governor Lael Brainard launched a broadside against Facebook's Libra digital currency project on Wednesday, saying it faces a
2019-12-18
02:27 AM
Investors seek exhumation of Canadian crypto currency firm founder to ensure it's him
Lawyers representing users of the Canadian digital platform QuadrigaCX have asked police to exhume the body of its founder, whose sudden death last year trapped millions of dollars in digital currencies in its accounts, to make sure it's him.
2019-12-16
06:38 AM
ByteDance unit establishes venture with Chinese state media firm
A unit of ByteDance, the owner of video-sharing platform TikTok, has established a joint venture with a Chinese state media group to work on software development, artificial intelligence and blockchain technology, official registration documents showed.
2019-12-14
03:22 AM
SoftBank-backed Paytm raises $660 mln
Indian digital payments startup Paytm's parent has raised nearly $660 million from investors including Alibaba's Alipay, SoftBank's SVF Panther (Cayman) and funds managed by T Rowe Price among others, according to a filing.
2019-12-12
09:37 PM
U.S. SEC charges Shopin blockchain startup CEO with coin offering fraud
The chief executive of Shopin was charged on Wednesday by the U.S. Securities and Exchange Commission with defrauding investors in a $42.5 million initial coin offering by falsely telling them that his blockchain startup had close ties to major retailers and a Silicon Valley entrepreneur.
2019-12-11
04:57 PM



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