Search Results for: finance
Innotribe and Innovate Finance launch Global FinTech Hubs Federation initiative
August 29th, 2016
Innotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, today announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. To date, more than ...
FCA warns for a clone of JB Trade Finance
August 23rd, 2016
The Financial Conduct Authority (FCA) has issued a warning to inform investors and public that fraudsters are using the details of firms the FCA authorises to try to convince people that they work for a genuine, authorised firm. According ...
Fintech ‘crucial to Singapore’s status as Asian finance hub’
August 19th, 2016
The explosion of financial technology, or fintech, will allow millions of unbanked Asians to have easy access to financial services – and Singapore has a role to play in spearheading this revolution. In fact, fintech will be a crucial ...
Banks and tech firms apply blockchain to trade finance
August 10th, 2016
An HSBC (HSBA.L) (0005.HK) and Bank of America Merrill Lynch (BAC.N) venture and financial technology firm R3 said separately on Wednesday that they had created ways of using blockchain technology to simplify trade finance processes. The two banks said ...
Australia to regulate bitcoin under counter-terrorism finance laws
August 9th, 2016
Jakarta: Australia is moving to become one of the first countries to regulate e-currencies such as bitcoin under its anti-money laundering and counter-terrorism financing laws. Bitcoin – the most prominent digital currency to emerge globally – is backed by a ...
ZestFinance receives funding from Baidu
July 19th, 2016
ZestFinance announced that it has received a strategic investment from Baidu (Nasdaq: BIDU), the leading Chinese language Internet search provider. ZestFinance is a Los Angeles-based company that uses machine learning to transform vast amounts of complex data into credit ...
Russian Finance Firms Form Blockchain Consortium
July 4th, 2016
A group of Russian banks and financial services companies has formed a private-sector consortium focused on blockchain applications. Announced 1st July, the consortium includes payment processing firm QIWI, B&N Bank, Khanty-Mansiysk Otkritie Bank, Tinkoff Bank, MDM Bank, and professional services firm Accenture. The launch came during the 25th International ...
Former Sydney finance broker has been sentenced to a one-year intensive correction order
June 29th, 2016
Former Sydney finance broker, Jennifer Mary Farias, has been sentenced to a one-year intensive correction order in the NSW Local Court after pleading guilty to 3 counts of loan fraud which resulted in her receiving more than $100,000. She ...
Jersey was named “Best International Finance Center”
May 26th, 2016
Jersey was named “Best International Finance Center” at last week’s WealthBriefing European Awards 2016, held at the Guildhall in the City of London. The WealthBriefing European awards, now in their fourth year, recognize and celebrate excellence across the European ...
Barclays Unit Sued for $2.4 Million by Ex-Global Finance Chair
May 25th, 2016
Details of Jon Pratt’s claim in H.K. labor tribunal filing Pratt reported in January to have exited amid global job cuts Barclays Plc’s Asia unit is being sued for HK$18.9 million ($2.4 million) by former Asia Pacific Global Finance ...
