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Technology Arms Race Hots Up As JP Morgan Commits To Investing in AI
3.7.2019
As anyone might have noticed, technology has totally changed the way banking operates nowadays and it is perhaps even more so when it comes to professional trading. Over the years, banks have created complex algorithms and software application in order to maximize the returns from their hedge...
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
3.7.2019
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz
3# SaaSkaři: Jaké jsou největší fuck-upy a poučení Fakturoidu, Air Bank, Roivenue či Leadpages
3.7.2019
Třetí setkání milovníků softwarového hazardu se uskutečnilo opět v úžasných prostorách firmy STRV. Na přednáškovém můstku se postupně ukázal kapitán Fakturoidu Jan Korbel, šéf vývoje Air Bank Germany Roman ‘Dagi’ Pichlík, CEO Roivenue Pavel Šíma a Co-Founder Leadpages Šimon Payne. Přibližně...
Christine Lagarde Nominated As Next President Of European Central Bank
3.7.2019
The European Central Bank and the International Monetary Fund are perhaps two of the most important institutions in the world, and hence, it does not come as a surprise that the former has tapped the latter’s chief for the top job. In a new development, it has emerged that the ECB has nominated...
Banking Giant Standard Chartered To Expand Digital Capabilities Once 5G Arrives
2.7.2019
Over the past few years, some of the biggest banks in the world have been prompted to strengthen their digital offerings in a big way and perhaps the biggest reason behind it lies in the emergence of Fintech companies. The Fintech companies have come up with a range of products and services that...
Russia’s Largest Bank Is Quitting Central Bank’s Blockchain Project
2.7.2019
Enterprise blockchain project Masterchain is falling short of expectations – and Russia's largest bank is quitting in frustration
Blockchains CEO Acquires Kirkwood Bank of Nevada for $28 million
2.7.2019
Blockchains CEO bought a bank, purportedly to serve the needs of blockchain businesses and to provide a regulatory sandbox for blockchain-based fintech products
Blockchains.com Founder Purchases Community Bank to Finance Crypto Dreams
1.7.2019
Blockchains CEO Jeffrey Berns hopes the bank will fund not only his vision, but the blockchain industry's
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
1.7.2019
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive...
From 'Ponzi' To 'We're Working On It’ - BIS Chief Reverses Stance On Crypto
1.7.2019
The BIS is in the process of helping banks launch digital currencies, contradicting previous statements
Major Korean Bank Clamps Down on Accounts Linked to Crypto Exchanges
1.7.2019
One of South Korea’s biggest banks is reportedly planning to intensify regulations on accounts linked to crypto exchanges
BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’
1.7.2019
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies
XRP, Libra and Visa to Fight It Out for Cross-Border Remittance Crown
30.6.2019
Given Facebook’s 2 billion strong user base, will banks become more amenable to cryptocurrency adoption as a way of maintaining their relevance in international money transfer?
Central Banks To Issue Their Own Digital Currencies, Predicts IMF
29.6.2019
For many years, cryptocurrencies and digital currencies belonged in the fringes of the financial system. However, that has now changed. Considering the way in which Bitcoin went mainstream, and millions of people started investing in it, it is not really a surprise. When so many people invest in...
IMF Predicts Central Banks to Issue Digital Currencies
29.6.2019
The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon
Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike
28.6.2019
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories
Reserve Bank of India Developing Blockchain Banking Platform
28.6.2019
The Reserve Bank of India has announced that it is working on a blockchain platform for banking, which is scheduled to roll out some time within a year
Swiss Crypto Bank Dukascopy to Introduce Its Own Cryptocurrency
28.6.2019
Swiss online bank Dukascopy intends to issue its own Ethereum-based stablecoin
Indian Banking Restriction And Regulatory Issues Crush Koinex Exchange To Shut Down
28.6.2019
As per the official website of Koinex, there are more than 1 million registered users of the exchange. The platform, by far, has executed 20,000 orders which are worth more than 3 Billion U.S. Dollars. Then what caused it to shut down amidst all the great success? The journey of Koinex crypto...
Goldman Sachs CEO Hints Bank Might Launch ‘JPM Coin’-Like Crypto
28.6.2019
Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEO David Solomon