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Crypto Facilitates Money Transfer for Restricted China
14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...
Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will
13.9.2019
Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant...
Microsoft to Collaborate with AGRA to Bring about Technological Solutions in Agriculture
13.9.2019
Over the past few decades, the biggest tech companies have become more involved in a wide range of activities and much of those are far from their core businesses. Microsoft is possibly the first tech behemoth to have emerged all those years ago when the tech sector was changing dramatically,...
Tiger Global and Lightspeed Lead $67 Million Funding Round in India’s OkCredit
13.9.2019
Over the past three decades or so, India has emerged as one of the biggest economies in the world. The advancements have fueled much of the country’s economic growth in the tech services sector, but over the past five years or so, a vibrant startup scene has evolved. From e-commerce payments...
WeWork Tries to Curb Co-founder’s Voting Power in Move to Salvage IPO
13.9.2019
The WeWork IPO is not going to plan and that is not quite clear for everyone to see. Since the start of 2019, there has been a lot of buzz about the range of mega initial public offerings that were going to take place this year. Some of the IPOs that had been the talk …
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Walmart’s ‘Delivery Unlimited’ Service All Set to Be Expanded Across the United States
12.9.2019
Retail behemoth Walmart has possibly been the most innovative company when it comes to traditional retail, and over the years, it has tried a wide a range of tactics to enhance its already impressive market dominance. Over the past decade or so, the company has also devised ways to tackle...
Yahoo Japan Set to Buy Fashion E-Commerce Giant ‘ZoZo’
12.9.2019
While it is true that Yahoo has fallen way behind the tech giants of the day, its joint venture Yahoo Japan remains one of the world’s biggest internet companies in the world. At this point in time, Yahoo Japan is the most dominant internet company in the Asian country and continues to consolidate...
Greta Thunberg Joins Satoshi in Questioning Bank Bailouts
12.9.2019
Saving planet Earth is a noble goal with many different dimensions. Climate change needs to be addressed vigorously as our world warms up faster than ever. Economic development needs a higher degree of financial freedom to provide everyone access to opportunities and wealth. A teenager from...
Usman Wahid and Kate Eades Appointed as Partners at KPMG Legal
12.9.2019
Some of the biggest corporations in the world now need thorough insights on every aspect of their business in order to stay ahead of their competitors, and those key insights are delivered by consultancy firms. There are a handful of consultancy firms in the world which provide their services to...
Mastercard Teams Up With R3 To Create Blockchain-backed Cross Border Payments System
12.9.2019
Nowadays, the mere mention of blockchain technology makes people associate the whole thing with Bitcoin and other cryptocurrencies. However, in this regard, it needs to be pointed out that blockchain technology in itself is independent of cryptocurrencies and can be used in a wide variety...
Grab Looking to Merge Indonesian Payment Firms to power ahead Gojek
12.9.2019
When a new but well-financed overseas company decides to expand its business in new territories, then it has to contend with local competition, and there are various ways in which one can counter it. One of those is a strategic merger, and it seems Singaporean tech firm, Grab is going to do exactly...
CEO Jamie Dimon Says that JP Morgan is Preparing for Risks from Zero Interest in the US
11.9.2019
The issues surrounding interest rates have taken centre stage among financial circles over the past few months, and one of the most interesting yet controversial topics has been that of negative interest rates. Many countries in the world now have negative interest rates, and now it is being...
Go-Ventures Backs Fintech Startup ‘Pluang’ By Offering US$3 Million Funding
11.9.2019
The Indonesian fintech firm, Pluang has come into limelight after receiving a US$3 Million for Series A funding from reputed venture capital fund, Go-Ventures. Go-Venture’s collaboration with Pluang will be serving to facilitate marketing, technology advancement, and improvements, along with...
American Corporations are Pulling Out Their Investments from China, Reveals Survey
11.9.2019
The trade war between the United States and China has proven to be one of the biggest diplomatic and economic events of the past decade. The world’s two biggest economies have been locked in a bruising trade war since the end of last year, and no resolution is at sight as yet. The global economy...
UK Former Brexit Negotiator, Olly Robbins to Join Goldman Sachs
10.9.2019
Over the course of the past three years, the United Kingdom’s political leadership has been in the middle of a meltdown due to the Brexit referendum. After the resignation of the then Prime Minister David Cameron, the mantle was taken up by Theresa May, and her main objective was to secure a deal...
Paytm owner One97 in Discussions to Acquire Stake in Yes Bank
10.9.2019
There was a time when Yes Bank was one of the shining lights of the dynamic private banking sector, but over the past year or so the bank has lurched from one crisis to another. During this period, its stock price has plunged significantly as well and hence; it has gone for a range of …
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Nasdaq Launches Decentralized Finance Index for Digital Assets
10.9.2019
Major United States stock exchange Nasdaq launches blockchain decentralized finance index Defix
Gobi Partners Leads Invests in $24 Million Funding Round of Indonesian Fintech Firm SuperAtom
10.9.2019
The steady march of technology and the easier availability of smartphones as well as cheap data have led to the rapid growth of the Fintech sector in many countries. While the United States, the United Kingdom, and China remain the leaders in the Fintech space at a global level, many other...
Nasdaq Lists New Decentralized Finance Index Including MakerDao, 0x, Augur
10.9.2019
Nasdaq has added a new index that aims to offer the markets information on blockchain projects working in the decentralized finance space
Leading Automotive Data Services Platform Provider Otonomo Collaborates with Microsoft
9.9.2019
Over the past decade or so automotive services have become a central tenet of a wide range of industries and one of the companies which have done remarkable work in this industry is Otonomo. The company has managed to produce an automotive data services platform that has gone on to become...