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Banking Giant HSBC Set to Fire 10,000 More Employees
8.10.2019
The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...
FOIN Allows Merchants to Accept Crypto Payments In-Store
7.10.2019
FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for...
Crypto Insurance a Promising Sector Despite Caution of Major Players
5.10.2019
With studies showing billions worth of crypto being lost to hackers, the crypto industry needs insurance now more than ever. Major insurers are, however, cautious
Join Renown World Experts Discussing the Future of Blockchain in the Public Sector at Blockwalks 2019
2.10.2019
On October 10, 2019, at Bratislava Castle in Slovakia, BLOCKWALKS will hold its second annual European conference where the world’s top experts in smart technology, blockchain, and Internet of Things will gather with top-level government officials to debate the latest and future applications...
Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
30.9.2019
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Stricter Norms Expected in the New Zealand Financial Sector
25.9.2019
One of the most important aspects of the financial markets all over the world is regulation. Regulation ensures that no unfair practices are allowed in the markets and helps retail investors in participating in the markets without the fear of being taken for a ride. On the other hand, bankers...
UN Wants the Private Sector to Lead Shift to Renewables from Fossil Fuels
21.9.2019
As everyone knows, experts and scientists believe that climate change is one of the biggest environmental threats that are facing the world at this point. Hence, there is a genuine thrust towards using more cleaner and renewable sources of energy as opposed to fossil fuels among policymakers across...
How Cryptocurrencies Can Mitigate Some of Brexit’s Negative Effects
21.9.2019
Brexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The process of Britain leaving the European Union is now heading towards another one of its deadlines while London and Brussels...
PR: Bitmain’s Announces Highly Anticipated World Digital Mining Summit
12.9.2019
The World Digital Mining Summit (WDMS) hosted by Bitmain – the world’s top 10 and China’s second largest fabless chipmaker – is set to return on 8-10 October in Frankfurt with a focus towards industry investment and innovation for the mining sector.
The post PR: Bitmain’s Announces Highly...
Oil and Gas Sector Opens Up for Blockchain Technology
11.9.2019
A newly formed consortium of oil and natural gas majors is gearing up to deploy the breakthrough technology of Blockchain in the United States. OOC Oil and Gas Blockchain Consortium, which is based in Houston is assertive that the Blockchain technology can be helpful to improve the administrative...
Dutch Central Bank Prepares to Start Regulating Crypto Sector
4.9.2019
The central bank of the Netherlands is preparing to supervise the country’s crypto sector. The bank has requested crypto exchanges and wallet providers to come forward and submit some information. Once the law takes effect, these operators will be required to register with the central bank...
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...
US Congress Urged to Regulate Crypto Sector Under Bank Secrecy Act
2.9.2019
The Financial Integrity Network is urging the U.S. Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act
LaLiga Names GCOX As Its First Sponsor in Cryptocurrency and Blockchain Sector
21.8.2019
Spain’s LaLiga has announced CGOX, the Global cryptocurrency exchange, as its first sponsor in blockchain and cryptocurrency sector. Founded in 2017, the Singapore-based organization has signed a sponsorship contract which covers Asia and the Middle East. Further, GCOX will supply exclusive...
Congressional Research Service Examines Blockchain in Energy Sector
13.8.2019
The Congressional Research Service has researched and noted pros and cons of blockchain solutions for the energy sector
Congressional Research Service Finds Potential Blockchain Uses for Energy Sector
12.8.2019
Congressional researchers detailed the current state of energy consumption related to cryptocurrency mining and potential regulations for the energy-intensive process
Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
1.8.2019
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...
NEM Blockchain Technology And Its Uses In E-commerce Sector, To Improve Productivity And Sustainability In Malaysian Business
30.6.2019
E-commerce business is one of the essential parts of a nation’s agenda for the digital economy. The Malaysian government perceived the significance of eCommerce to the nation’s economy dependent on two significant reasons. Firstly, eCommerce guarantees existing Malaysian organizations...
Discovering Insuretech: Blockchain Disruption of the Insurance Sector
29.6.2019
Wide implementation of blockchain can make insurance premiums plummet