A new report from the Bank for International Settlements has identified a strong correlation between crypto prices and news of regulators’ interventions. A new report published by the Bank for International Settlements (BIS) has found a strong correlation between crypto prices and news of regulators’ interventions. According to the report published September 23 by BIS […]
Continue Reading
How much cash an ICO raised has become “less important” to markets, new research says this week after revealing 70 percent of ICOs have lost the money they raised. Markets ‘Shrug Off Cash-On-Hand’ As part of the latest edition of its weekly newsletter, Diar investigated the current state of the ICO sector, which despite this […]
Continue Reading
U.K. bank Barclays is expanding its European operations with the launch of a digital corporate banking portal, reports in IBS Intelligence said on Monday (Sept. 24). The solution will streamline businesses’ cash management, working capital management, trade and information services offered by the bank across 25 countries, Barclays explained, noting that the platform aims to […]
Continue Reading
NEW YORK, Sept. 24, 2018 (GLOBE NEWSWIRE) — Enterprise Engineering, Inc. (EEI), an industry leader and trusted advisor to the financial services industry, today announced the spinoff of a new software company, Ninth Wave. Ninth Wave has innovated an advanced, award winning, financial data platform delivering the only universal data supply chain for Financial Institutions […]
Continue Reading
To paraphrase a certain defense secretary from earlier in the millennium: There are known unknowns and unknown unknowns. When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? A report by the Bank for International Settlements (BIS) found that when it comes to credit done through nascent […]
Continue Reading
More than a year after launching its business banking solution, France-based Qonto has secured new funding. Reports on Monday (Sept. 24) said Qonto raised $23 million from Valar Ventures and Alven, both of which had previously invested in the company. The European Investment Bank Group also participated in the funding. Qonto offers banking and other […]
Continue Reading
Enhanced data security and analytics are at the top of chief financial officers’ priority lists among both private and public companies, according to new data from auditing and advisory service provider Protiviti. The firm’s latest research examined CFOs and other financial executives’ views on the future of their functions and processes. Chris Wright, Protiviti’s global […]
Continue Reading
Walmart and its membership-based unit Sam’s Club has announced that it will require suppliers of leafy greens to implement real-time, farm-to-store tracking using blockchain technology by next September. First reported by Reuters, the move is an effort to crack down of food-safety incidents which have gained prevalence in the United States in recent years. At […]
Continue Reading
Google is working on using QR codes to allow its users to send peer-to-peer (P2P) payments. While Google Pay already enables P2P payments, XDA-Developers revealed that the company is adding support for QR codes to make that process a bit easier, at least if a user needs to pay someone they just met and make […]
Continue Reading
Alaska Airlines announced that is partnering with French company SkyLights to pioneer a new virtual reality (VR) headset for its first-class passengers. The program makes Alaska Air the first airline in North America to trial the technology as an inflight entertainment device. “Guests enjoy catching up on the latest movies and TV shows when traveling. The […]
Continue Reading