FinTech

Fintech lingo explained

The world of financial technology - also known as fintech –involves lots of buzzwords, jargon and often obscure terminology.<p>Here's a list of some of the industry's main lingo.<p><b>FINTECH</b>: Or financial technology is the industry known for championing software and technology in the financial sector. A …

Bitcoin

India's most popular mobile wallet company is pushing to disrupt financial services with a new money market fund

<i>This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Paytm, India’s most popular mobile wallet company, is continuing its push into the financial services sector, according to The Economic Times. The firm is seeking out a …

Money Market

The Role Of AI In Financial Trading -- It's Not What You Think

The financial industry has been all over Artificial intelligence (AI) supporting front end trading processes, leaving much of the rest of the business in the last century. That won’t be true for much longer if Bikram Singh, Founder & CEO of EZOPS, has his way. I caught up with Singh during the …

Blockchain raises $40 million from Lakestar and Google's venture arm

LONDON — Bitcoin and blockchain technology company Blockchain has raised $40 million (£31.5 million) in its second round of institutional funding.<p>European venture capital fund Lakestar and GV, Google's venture capital arm, both led the round. Nokota Management and Digital Currency Group also took …

Startups

Klarna, a Swedish fintech unicorn, gets a full banking licence

Licence to billKlarna, a Swedish fintech unicorn, gets a full banking licence<p>Fintech firms are beginning to compete head-on with banks<p>print-edition …

Business (UK)

Ares Commercial Real Estate Corporation (ACRE) Presents At JMP Securities Financial Services and Real Estate Conference - Slideshow

The following slide deck was published by Ares Commercial Real Estate Corporation in conjunction with this event.<p>148<p>Click to enlarge

Financial Services

​Australia eyes Japanese market with new fintech innovation agreement

The finance regulators from both countries have inked a framework for co-operation that will allow entry for fintech startups in each other's markets.<p>…

News Highlights: Top Financial Services News of the Day

Warren Buffett Rescues Canada's Home Capital<p>Canadian mortgage lender Home Capital said it is pursuing further asset sales and financings following a rescue package negotiated with Berkshire Hathaway.<p>U.S. Regulators Propose a Lighter Touch for Banking Oversight<p>Banks would see an easing of trading …

Financial Services

The Best 3D Printing ETF

Interested in 3D printing stocks? You might consider investing in the 3D Printing ETF.<p>3D printing stocks are having a great 2017, after several very …

Stocks

UK fintechs continue to shine defying Brexit concerns

<i>This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Now that Brexit negotiations have begun, and uncertainty about its effects on the fintech industry persist, it would seem that VC investors should be wearier than ever about …

Business

U.S. House Dems reject Deutsche Bank privacy claim in Trump query

FRANKFURT (Reuters) - U.S. House Democrats rejected an assertion by Deutsche Bank that privacy laws prevent it from sharing information about President Donald Trump's finances, as they investigate possible collusion between his campaign team and Russia. In a letter to the bank's lawyers made public …

Financial Services

Better Buy: CalAmp Corp. vs. Sierra Wireless

Both companies are solid plays in the Internet of Things and machine-to-machine communications spaces.<p>Both <b>CalAmp</b> (NASDAQ:CAMP) and <b>Sierra Wireless</b> …

Stocks

BNP Paribas' Sneyd Says EUR/USD Is Overstretched

Michael Sneyd, macro strategist at BNP Paribas, discusses his outlook for EUR-USD and inflation expectations for the U.S. He speaks on "Bloomberg …

Financial Services

Stripe refocuses European effort with 6 new markets and expanded payments platform

Stripe has announced a handful of tidbits that underscore the fast-growing fintech startup’s aspirations in Europe.<p>Thus far, Stripe has only been fully available to businesses in the U.K., Ireland, Denmark, France, Spain, Norway, Finland, and Sweden. But as of this week, another six markets have …

Andreessen Horowitz

Millennials are about to benefit from 'one of the largest intergenerational wealth transfers in history'

Millennials matter.<p>That's the thesis of a white paper out by UBS. According to the Swiss bank, Wall Street is at the precipice of a massive transfer of wealth, the likes of which has never been seen.<p>Older millennials are approaching "peak income" age and Baby Boomers, the generation born following …

Millennials

Nomura and Daiwa choose Frankfurt as post-Brexit EU base

Japanese banks’ decisions boost German city’s goal to be Europe’s main financial city<p>Nomura and Daiwa, the Japanese banks, have chosen Frankfurt as …

Financial Services

Financial institutions need to rethink security, say analysts

Some 73% of financial institutions report working with more than 25 cyber security tools, which lengthens response times and reduces effectiveness, a …

Financial Services

Big Tech Is Battling Cyberthreats With AI

As cybercriminals become more sophisticated in their attacks, AI is providing Big Tech with new tools in the ongoing battle. Here's how.<p>Cybercrime is …

Cybersecurity

Banking Brexodus? One year on, this is what banks have said about Brexit and job moves

In the year since the UK voted for Brexit, one of the hot topics for discussion in the City has been job moves.<p>In February, Brussels think tank …

Financial Services

Facebook discussing WhatsApp peer-to-peer payments in India

Facebook’s (NASDAQ:FB) WhatsApp in talks with Indian banks and financial institutions to allow peer-to-peer payments through the app.<p>The payments …

Fortune 500

Android Pay promo in Australia offering 200,000 prizes up to $500 a piece

Even though Android Pay isn’t available for everyone, Google is definitely making a serious effort to make it great for those who are able to use it. That has included dozens of promos over the past couple of years with the latest being available in Australia.<p>This promo offers up prizes for doing …

Android Pay

Twitter: The Turning Revenue Trend

Twitter offers several opportunities for turning the negative revenue trend around.<p>In general, analysts are missing the turn with mostly negative …

Stocks

Treasury official: The next financial crisis could look nothing like the last one

The first of four reports from the U.S. Treasury meant to provide a comprehensive review of U.S. banking and financial services regulation, much of which was put in place in response to the financial crisis, hews closely to the Financial CHOICE Act passed by the Republican-controlled House on June …

Financial Services

GST to lower overall tax burden over time, says RBI governor Urjit Patel

<b>Mumbai:</b> Reserve Bank governor Urjit Patel today said the soon-to-be implemented Goods and Services Tax (GST) will not only create a national market …

Business (India)

Spreadbetting split? Saxo Bank walks away from key lobby group and backs FCA plans

Spreadbetting firms have been given a bloody nose by one of Britain's largest trading platforms, which has broken ranks and put weight behind a …

Financial Services

Brexit draws Luxembourg into competition for business

Officials say country will not engage in public beauty parade for finance companies<p>For Robert Scharfe, chief executive of the Luxembourg Stock …

Brexit

Luxembourg’s politicians pin economic hopes on fintech drive

Prime minister prioritises creation of ‘world-leading smart nation’<p>For the past four decades Luxembourg’s financial sector has been the principal …

Brexit

Fintech Startup Kissht Raises 2M from Endiya Partners and Ventureast

Fintech startup Kissht has raised $2 million from early-stage technology-focused fund Endiya Partners and Ventureast. The company is also planning to …

Startups

CACI International: An Investment Into A Safer Future

Cyberattacks have grown more prevalent and are predicted to cost $6 trillion in damage.<p>Data shows that leaders such as Donald Trump and Theresa May, …

Cybersecurity

ASIC publishes proposed crowdsourced funding regime guidance

ASIC is proposing a number of requirements to ensure the successful utilisation of the new crowdsourced funding regime commencing on September 29.<p>The …

Australian Labor Party