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Tag: Firm

Core Banking, Data Security Startups Join Mastercard’s Start Path Virtual Accelerator

Two Finovate alums will be among the 12 startups selected to participate in Mastercard’s Start Path program. Thought Machine, a core banking...

Oil prices drop amid supply glut, fears of second coronavirus wave

SINGAPORE (Reuters) - Oil prices slid nearly $1 a barrel on Monday as concern over a persistent glut and economic gloom caused by...

Digital Banking: Swiss Financial Giant UBS has Applied for a Virtual Bank License in Mainland China

Switzerland-based UBS Group AG (SWX: UBSG), a global investment bank and financial services firm with around $1 trillion in assets, recently confirmed that...

Tokenized Real Estate Booms While Security Tokens Struggle

Real estate tokens have continued to post a positive performance for investors, gaining an average of 4.27% during April while top securities tokens...

Turkey’s Digital Invoice Financing Fintech Figopara Secures $1 Million in Capital via Second Funding Round

Turkish Fintech firm Figopara confirmed on May 7, 2020, that it has secured $1 million in funding from its second investment round. Existing investors...

Fintech: Bahrain’s Banking Industry Remains Focused on Adopting Innovative Financial Technologies, According to Local Investment Professional

David Parker, co-chief investment officer at the Bahrain Economic Development Board (an organization responsible for attracting inward investment into the Kingdom for key...

PT Cashlez Worldwide Indonesia, the Nation’s First Fintech Payment Firm to be Publicly Listed, Makes Strategic Acquisition

PT Cashlez Worldwide Indonesia, which is reportedly the nation’s first Fintech payment company to be publicly listed, saw its share price increase from...

Bitcoin Price Volatile 24 Hours Before Halving, Key Indicators Bullish

With Bitcoin’s (BTC) third mining rewards halving just over 24 hours away, mainstream market hype surrounding the event has grown exponentially, especially after...

Bitcoin Miners Sell BTC Months After Halving, On-Chain Data Suggests

Bitcoin’s third halving is less than a day away and the cryptocurrency community remains divided on whether the price will rise or drop...

Riot Blockchain, a US-based Cryptocurrency Mining Firm, Plans to Almost Double its Hashrate Following Bitcoin (BTC) Halving

US-headquartered cryptocurrency mining firm, Riot Blockchain (NASDAQ: RIOT), recently revealed that it has more than doubled the number of high-end Bitcoin (BTC)...

Reserve Bank of India-licensed Paytm Payments Bank Surpasses $79 Million in Fixed Deposits

Paytm Payments Bank, a new type of bank, licensed by the Reserve Bank of India (RBI) as a payments service provider, recently revealed...

The federal bailout for the airline industry barred layoffs, but come this fall, those workers will be most at-risk

The federal bailout for the airline industry barred layoffs, involuntary furloughs or pay cuts for employees. But executives have been blunt that job...

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