2020-2-20 00:51 |
The ESMA, the EU’s financial governing body, noted several risks of big tech companies entering the financial space as part of a 2020 report
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Coinspeaker Alphabet (GOOGL) Stock Rises to $1,524. 87 as Google Cloud Buys Cornerstone TechnologyWhile Google Cloud is buying Cornerstone Technology and expanding profits, the eyes of investors are aimed at the Alphabet (GOOGL) stock price and tech giant's financial reports.
2020-2-20 20:10 | |
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Japanese financial services behemoth SBI Holdings’ subsidiaries is forming a partnership with Whinstone US Inc. , the data centers operator of the Texas-based German tech company Northern Data AG. The news was released on February 13.
2020-2-13 20:55 | |
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Stablecoins have been regarded as something that could disrupt the financial stability by regulators around the world. The oldest stablecoin, Tether's tryst with the regulators, has not been smooth.
2020-2-1 12:00 | |
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Bitcoin [BTC] has always been the topic of discussion when anyone talks about cryptocurrencies. It has gained a relevant position in the tech and financial sector, even though many are still skepticalThe post Bitcoin market far from efficient, thus halving may not be priced in appeared first on AMBCrypto.
2020-1-10 00:30 | |
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The International Monetary Fund's Gita Gopinath has joined the list of financial personalities that have opined on digital currencies, via an article written for the Financial Times. The article titleThe post IMF's Chief Economist: Digital currencies issued by tech firms may be advantageous appeared first on AMBCrypto.
2020-1-7 17:36 | |
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Coinspeaker Experts Predict Major Penetration of Big Tech Companies in FinTech Industry in 2020With the significant growth of the FinTech space in 2019, the next year is expected to strengthen the bond between technology and financial services.
2019-12-24 16:03 | |
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Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau.
2019-12-21 23:00 | |
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Ripple (XRP), which is a real-time gross settlement system and currency exchange network known for its use in cross-border payments was recently mentioned in an official US CFPB document. Most of the content in this document was based on changes and the future of remittance markets.
2019-12-14 18:45 | |
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Switzerland has been the home for various cryptocurrency projects due to its sorted outlook towards it and its underlying technology, blockchain. However, the country's financial regulators have warneThe post Switzerland's Finma claims blockchain tech may worsen money-laundering risks appeared first on AMBCrypto.
2019-12-10 15:10 | |
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The Financial Services Board (FSB) has issued a report highlighting the potential impact of large tech firms participating in the crypto and digital payments arena. As part of its report, the FSB is calling for robust monitoring of the trend while issuing warnings related to the stability of the global financial architecture.
2019-12-10 02:00 | |
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The evolving state of technology around the world has led many regulators to take note, pushing for rules that better govern the need for financial stability, data privacy, and competition. The Libra stablecoin by Facebook has raised a lot of technical questions since its announcement.
2019-12-9 16:50 | |
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It is Big Tech’s moment in the financial world right now. Between the Google Pay processes that link consumers’ checking accounts and the Libra project, the decision to infiltrate the financial world with major tech is no hidden secret.
2019-12-3 20:01 | |
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The financial industry is currently seeking to integrate the new financial technology with the traditional financial tech. Bitcoin is among the cryptocurrencies that serve as a digital asset globally.
2019-12-1 21:58 | |
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This tech startup based in California is among those eyeing to tap into the market share currently dominated by oldies in financial services. However, this may be an uphill task given a tech giant like Facebook is yet to get any regulatory approval to launch the Libra crypto project. California Based Stock and Crypto Exchange, […]
2019-11-29 21:57 | |
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With major tech firms shifting their focus to finance, what does this mean for the future of crypto and the wider financial system?
2019-11-22 17:45 | |
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Canadian crypto-exchange CoinField's top project, Sologenic, aims to merge traditional financial markets and crypto on XRP Ledger to create a massive combined volume to stir adoption in the crypto-spaThe post XRP offers stronger tech than Ethereum: CoinField CEO appeared first on AMBCrypto.
2019-11-19 17:00 | |
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It has been revealed that Google is partnering up with financial institutions in order to introduce a new project, code-named “Cache,” that offers checking accounts to Google Pay customers.
2019-11-14 07:18 | |
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2019 has undoubtedly been the year of tech giants tapping into the financial industry. With Apple launching its Titanium Credit Card with Goldman Sachs, Facebook launching its crypto-initiative Libra The post US Senator concerned over FB, Google tapping financial sector without rules appeared first on AMBCrypto.
2019-11-13 20:00 | |
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The fintech arm of Chinese tech giant Alibaba Group said it expects the blockchain to go live in around three months.
2019-11-12 13:36 | |
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China’s State Administration of Foreign Exchange (SAFE) has recently taken a move to help leverage blockchain technology so that better cross-border financial services are offered, reports local news outlet Global Times.
2019-11-12 01:27 | |
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What exactly can blockchain tech to offer in order to put a stop to the future declines in economic
2019-11-8 13:28 | |
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China’s central bank and financial regulator, the People’s Bank of China (PBoC) has endorsed the revolutionary distributed ledger technology (DLT). The apex bank has made it clear that blockchain tech has real use cases in the financial sector, as it significantly reduces the risks involved in trade finance, reports Reuters on November 6, 2019.
2019-11-7 14:00 | |
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The Token Taxonomy Initiative, which boasts major tech and financial firms as members, has launched its Token Taxonomy Framework
2019-11-5 17:04 | |
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China is reportedly looking into the various use cases for blockchain tech and artificial intelligence (AI) in international financing, with a special focus on risk management procedures. The country intends to further liberalize its financial...
2019-10-28 10:33 | |
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Coinspeaker Galileo Financial Raises $77 million after 19 Years in the MakingMany of the most discerning tech companies globally – including Chime, Robinhood, Monzo, Revolut, Transferwise, Varo and many others – trust Galileo’s APIs to open and verify new financial accounts, issue and process payment cards, and launch new products.
2019-10-19 21:57 | |
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As the concept of blockchain becomes more and more widespread, many companies are roping it in to help with their internal processes. The institution stated that blockchain technology offers a multitude of benefits for the financial industry.
2019-10-8 17:39 | |
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We’ve all heard how blockchain promises to transform the financial system, supposedly for the better. But, the tech is actually being applied to other important industries such as agriculture and supply chain management.
2019-10-8 11:53 | |
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As Facebook deals with the loss of PayPal‘s backing for its ‘cryptocurrency‘ Libra, the tech giant must now get ready to answer EU regulators’ questions about the potential risks posed by the project.
2019-10-7 12:07 | |
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At a time when several industry giants are prepping for their own digital currencies, tech giant Apple on the other hand, has no intention to create a native cryptocurrency. This was confimed by Apple CEO Tim Cook when he recently spoke to a French financial newspaper Les Echos.
2019-10-4 09:33 | |
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Top Japanese brokerage houses, Nomura and Daiwa, have joined online rivals, Rakuten and Monex to form Japan Security Token Association. The association will set rules for the issuing of blockchain-based digital securities, and is headed by online broker, SBI Securities.
2019-10-3 15:00 | |
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Some say that Silicon Valley is the new Wall Street, but could there be deeper reasons why tech companies like Facebook compete with banks like Goldman Sachs for engineers? It used to be banks that attracted the brightest.
2019-9-29 21:16 | |
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Google has announced it will not pay European news publishers for the right to show their content on Google News, which will be mandatory under the EU’s new copyright directive that will come into effect next month, The Financial Times reports.
2019-9-25 17:48 | |
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U.S. Congress wants FinCEN director to study blockchain in its fight against financial crime
2019-9-25 01:40 | |
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Privacy-IoT blockchain platform IoTeX gets investment from HashKey Capital - CryptoNinjas IoTeX, a privacy and IoT-focused blockchain platform, announced today a new strategic investment from HashKey Capital, an affiliate of Hong Kong-based tech conglomerate HashKey Group, HashKey Capital manages a diverse portfolio of innovative companies in the blockchain and financial technology industries.
2019-9-18 19:53 | |
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Coinspeaker Visa, Mastercard Made Strategic Investments into Fintech Industry Darling PlaidPlaid revealed that Mastercard and Visa have strategic investments made during a series C funding last December.
2019-9-17 10:31 | |
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The blockchain technology is certainly bringing a revolution to the financial world. What some people don’t know, however, is that several other industries are bound to be affected as well. Gartner, a giant of the information technology area, has recently affirmed that the blockchain will change most industries within 10 years. These remarks were made […]
2019-9-17 23:43 | |
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Leaders of Silicon Valley’s powerful elite have been ordered by Congress to hand over reams of documents including emails and financial statements as part of a widening bipartisan probe of the technology industry.
2019-9-14 15:30 | |
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Coinspeaker China’s Digital Currency and Libra to Bring Significant Benefits for Financial Inclusion and Blockchain TechBoth Facebook and the People’s Bank of China, have announced their digital currencies and are looking to release them to the public as soon possible.
2019-9-12 16:22 | |
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Blockchain company CPI Tech has launched a new asset management solution that could change investments on a global scale, crossing economic, class, and national borders to revolutionize faltering financial markets.
2019-9-12 21:00 | |
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UK based Elliptic recently closed a $23M Series B to step up growth for a crypto risk-management play which institutes of selling tech and services to help others in need of help with cryptos. The round was led by financial services and asset management firm SBI Group of SoftBank.
2019-9-9 04:03 | |
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SBI Holdings’ President Yoshitaka Kitao bagged himself a seat with Ripple’s other Board of Directors and Kitao has ever since, been working tirelessly to promote crypto. At the recent Financial Summit ‘Finsum’ in Tokyo, Japan, Kitao made necessary mentions of the technologies embraced by SBI and its vision to expand its own customer base.
2019-9-5 19:30 | |
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Brave, the budding privacy-focused browser with its own native cryptocurrency, has alleged that Google is using hidden web pages to feed personal data of its users to advertisers, reports Financial Times.
2019-9-4 18:58 | |
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Indian IT stalwart Tech Mahindra has partnered with smart contract deployment platform Adjoint in a bid to launch the industry’s first-ever integrated financial management and insurance blockchain, as per CommsMEA, September 2, 2019.
2019-9-3 19:00 | |
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The IT subsidiary of one of the biggest Indian conglomerate, Mahindra Group, has partnered with American blockchain organization Adjoint to launch a blockchain financial management and insurance solution.
2019-9-3 18:46 | |
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Tech Mahindra partnered with DLT startup Adjoint to launch a blockchain financial management and insurance solution
2019-9-3 01:45 | |
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Major economic oppression and manipulation by governments and central banks is what drove a band of cypherpunks to create Bitcoin a decade ago. That financial storm is worsening which has generated an even greater need for a decentralized form of money.
2019-8-30 13:00 | |
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Alibaba, Tencent, Union Pay, and other large financial institutions are reported to be the the first receivers of China’s sovereign cryptocurrency initiative, as per Forbes, August 27, 2019. Paul Schulte, the ex-head of global financial strategy at the China Construction Bank is the main spruce behind the information.
2019-8-28 16:00 | |
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Casa, founded in 2018 by Jeremy Welch – now CEO, is a blockchain company focused on providing financial self-sovereignty and leading security for Bitcoin private keys. Employing other prominent members of the Bitcoin community, such as CTO Jameson Lopp, Casa have grown rapidly despite the downturn in the crypto markets which marked most of 2018.
2019-8-17 19:08 | |
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Ripple’s Swell 2019 event is getting ready to be started in November on 7th and 8th. The event is known for bringing together the trusted voice across financial services, payments, technology, and policy to share what’s unfolding in global payments.
2019-8-15 19:49 | |
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Основанная Марком Цукербергом компания Meta (бывшая Facebook) вступила в Crypto Open Patent Alliance (COPA), участники которого выступают за открытые патенты на технологии, связанные с блокчейном.
Директор Instagram Адам Моссери заявил, что платформа заинтересована в размещении контента, связанного с NFT, и привлечении создателей коллекционных токенов.
Венчурная компания NFX заявила о запуске фонда NFX Fund III», который будет инвестировать от $500 тысяч в стартапы, занимающиеся технологиями и криптовалютами.
Венчурная компания NFX заявила о запуске фонда NFX Fund III, который будет инвестировать от $500 тысяч в стартапы, занимающиеся технологиями и криптовалютами.
Facebook’s foray into blockchain technology has hit a major stumbling block after clashing with regulatory authorities. The need to curb the growing influence of stablecoins and Facebook’s existing controversies are among the reasons for the slow pace of progress of the Diem project.
“When you have a good crypto wallet like Novi will be, you also have to think about how to help consumers support NFTs,” Facebook’s David Marcus said.
David Marcus, the Chief of Facebook’s Financial Services Division, has disclosed that the Novi digital wallet is ready to enter the market. He unveiled this news through a blog post on August 18 while talking about the current state of the payments system in the US.