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Despite Potential Economic Slowdown; Citi Goes Big on Credit Cards
6.9.2019
When there is an economic slowdown, then the availability of credit dries up instantly and eventually, the government of the country’s central bank has to stimulate the economy through financial packages. Banks generally stop the tap as far as giving any kind of credit is concerned and eventually...
U.S. Congressional Probe Identifies Possible Gaps in Deutsche Bank’s Money Laundering Controls
6.9.2019
A decade or so ago, German banking giant Deutsche Bank AG was counted among the biggest banks in the world, but the financial crisis of 2008 hit the bank hard. Since the financial crisis, the bank has struggled to put its business into top gear again, and now it is faced with a legal issue...
NSA Reportedly Working to Develop Quantum-Resistant Crypto
5.9.2019
The United States NSA (National Security Agency) is reportedly attempting to develop a quantum-resistant crypto. As indicated by a tweet from Bloomberg cybersecurity journalist William Turton, Anne Neuberger, the director of the NSA’s Cybersecurity Directorate, stated at the tenth Annual...
NSA Reportedly Working to Develop Quantum-Resistant Cryptocurrency
5.9.2019
The United States NSA (National Security Agency) is reportedly attempting to develop a quantum-resistant cryptocurrency. As indicated by a tweet from Bloomberg cybersecurity journalist William Turton, Anne Neuberger, the director of the NSA’s Cybersecurity Directorate, stated at the tenth...
Bank of Armed Forces Criticizes Mastercard for Stopping Card Service in Venezuela
5.9.2019
One country that has been in the middle of a prolonged economic depression is Venezuela and despite the country’s vast reserves of oil, there seems to be no way out for the citizens. The country is suffering from severe food shortages, runaway inflation, and other troubles that one associated with...
NSA Working to Develop Quantum-Resistant Cryptocurrency: Report
5.9.2019
The NSA is pursuing the development of a quantum-resistant cryptocurrency, as reportedly revealed during the Billington CyberSecurity 10th annual summit in D.C
Bitcoin Price Stable Compared to Pound Sterling During Brexit Debacle
5.9.2019
Analysts argue that a no-deal Brexit will expose the vulnerability of major global fiat currencies
FIN Advises US Congress To Govern Cryptocurrencies Under Bank Secrecy Act
3.9.2019
The leading strategic advisory firm, Financial Integrity Network or FIN, has released an advisory recommendation for U.S. Congress concerning the regulatory measures of the cryptocurrency sector. In a testimony before the crucial hearing, FIN announced that it purports to establish a new financial...
Hedge Fund Eminence Capital Plans to Derail £9 Billion Just Eat Merger
3.9.2019
Over the course of the past few years, food delivery has become one of the biggest tech businesses in the world, and new food delivery applications are being launched all over the world at a breakneck pace. In this regard, the United Kingdom is one of the biggest markets in the world, and one...
High-Level Indian Panel Working on Far-Reaching Reforms in Country’s Fintech Sector
3.9.2019
The Fintech sector has become one of the fast-growing sectors globally, and it has become an important sector in India as well, which remains one of the biggest economies in the world. The government of India has pushed the usage of Fintech solutions for the everyday transaction and came up with...
Sierra Leone Aims to Finish National Blockchain ID System in Late 2019
2.9.2019
The government of Sierra Leone plans to adopt a blockchain-enabled national identity system by the end of 2019
North Korea Denies All Allegations Related to Thefts from Crypto Exchanges and Banks
2.9.2019
The United Nations Security Council committee on North Korea stated that: The Democratic People’s Republic of Korea cyber actors were raising money for its WMD (weapons of mass destruction) programs, with total proceeds to date estimated at up to two billion US dollars. But, North Korea‘s...
SoftBank’s Brightstar and Wirecard Ink Cooperation Agreement
2.9.2019
The growth in Fintech has been nothing short of extraordinary over the past half a decade or so, and it is going to continue for the foreseeable. The development of technology and the wide use of smartphones as well as the internet made it possible for the Fintech industry to grow at a breakneck...
Cryptocurrency News from the UK: CryptoNewsZ’s Weekly Update
31.8.2019
There is a lot going on in the crypto land, but what shines the brightest, is what we offer you, for you to stay abreast with the latest crypto affairs. Here are a few handpicked crypto stories that are shaping the crypto sphere in the land where they say the ‘sun never sets’- the United...
Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy
31.8.2019
Jaguar’s I-Pace will use Iota tech as part of a DLT-backed energy tracing demo
Analysts Project Tough Times Ahead for Banks After Gloomy Bank of America Forecasts
30.8.2019
More often than not troubles in the banking sector do not only ever stay restricted with one bank, unless of course, the issue is specific to the bank. For instance, if a bank loses its way due to risky investments, then it might not affect the whole sector, but when the issue becomes a structural...
Vendors of Microsoft Products Bags Massive $7.6 Billion Contract from the US Government
30.8.2019
Over the years, tech companies and vendors have become some of the most powerful entities in the world due to the very nature of the services that they can provide. The sort of products that some of the biggest tech companies in the world have come up with are now not only used in households...
Bitqyck – The Texas Firm Has Been Charged by SEC For Distributing Illicit Crypto Tokens
30.8.2019
Yesterday, the United States’ Securities and Exchange Commission (SEC) revealed that it has charged fine against a crypto firm based out of Texas, the U.S. As a result of this, the firm- Bitqyck is now ready to pay 8,375,617 U.S. Dollar as fine. Also, the founders- Bise and Menendez of the firm...
Terrorist Groups Like Hamas Counting on Telegram For Raising Cryptocurrency: Report
30.8.2019
As per the latest report by MEMRI, short for Middle East Media Research Institute which is based in Washington DC, multiple infamous terrorist groups, such as Al-Qaeda, ISIS, Muslim Brotherhood, and the Hamas, are banking on Telegram, as well as other social media channels, for raising digital...
UN Official: Crypto Makes Policing Child Trafficking ‘Exceptionally Difficult’
30.8.2019
Cryptocurrencies provide a "new layer of secrecy that favors the criminals," said a top-ranking staffer of the UN's Office on Drugs and Crime