Tag: Finance

America's oldest bank will start transacting bitcoin for clients as the cryptocurrency's popularity explodes, report says

America’s oldest bank will start transacting bitcoin for clients as the cryptocurrency’s popularity explodes, report says

Bank of New York Mellon plans to issue, hold, and transfer clients’ bitcoin, The Wall Street Journal reported Thursday, marking a key development in bringing cryptocurrencies into the mainstream.

Bitcoin Exchange-Traded Funds? How ETFs Can Help The Crypto Market

Bitcoin Exchange-Traded Funds? How ETFs Can Help The Crypto Market

With the new pick for the head of the Securities and Exchange Commission (SEC) – Gary Gensler – bringing a wealth of crypto knowledge to the role, the time might be right for a crypto exchange traded fund (ETF).

Cryptocurrency Stocks Higher After Tough Week for Bitcoin

Cryptocurrency Stocks Higher After Tough Week for Bitcoin

Cryptocurrency-exposed stocks began climbing again on Friday after a brutal week for the digital asset.

Five New Year’s Resolutions For Cryptocurrency

Five New Year’s Resolutions For Cryptocurrency

With a new President, Congress, and SEC Chair, the US can reset its approach and win the cryptocurrency race against China. Here are five resolutions to achieve those goals.

In-Memory Computing Can Digitally Transform Financial Services And FinTech Applications For Capital Markets

In-Memory Computing Can Digitally Transform Financial Services And FinTech Applications For Capital Markets

FinTech – Financial services companies in the capital markets face three major application performance challenges. They must squeeze value from every ounce of soaring amounts of data. They must handle an increasing number of asset classes, the use of automated quantitative trading algorithms and continually evolving regulatory and cybersecurity requirements. And to reach business goals, they require that multiple business applications have real-time, massively scalable access to operational and historical data from disparate sources.

When You Have Lost the Security War, You Need a New Approach

When You Have Lost the Security War, You Need a New Approach

Security has always been a critical part of society.

When the human race moved from being hunters to farmers, certain information about when to plant crops and when to harvest was carefully gathered though observation and experience. This knowledge would help farmers work out exactly when to plant their crops, so that the first shoots would only appear above ground after the last morning frosts, ensuring the plants would be healthy. And knowing when the crops would have absorbed maximum energy and be primed for harvesting is critical, harvest too early and the harvest is weak, wait too long and the crops won’t store well through the winter seasons or survive transport.

COVID-19 Has Put Many British Businesses On Life Support Systems – Can Fintech Help Save U.K. SMEs?

COVID-19 Has Put Many British Businesses On Life Support Systems – Can Fintech Help Save U.K. SMEs?

Half of U.K. adults with debts have mental health issues and one in four people with a mental health problem are also in debt. The relationship is cyclical and much of it boils down to a sense of feeling in control of your money, of being financially resilient and capable. According to Martin Lewis’ Money…
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Hacker Pleads Guilty to Building Internet of Things Army for Cyberattacks

Hacker Pleads Guilty to Building Internet of Things Army for Cyberattacks

A young hacker has admitted to attempting to take down Sony’s Playstation Network gaming platform by hijacking “internet of things” (IoT) devices after reaching a plea deal with federal prosecutors.

Top 5 Banking And Fintech Trends For 2021

Top 5 Banking And Fintech Trends For 2021

FinTech – I’ve never been a big fan of “Year of the [fill-in-the-blank]” proclamations. Google the term “year of the customer” and you’ll find that every year for the past 15 years has been heralded as the year of the customer.

Chinese Fintech Mogul’s Wealth Soars 460% As Investors Flock To His Site

Chinese Fintech Mogul’s Wealth Soars 460% As Investors Flock To His Site

Chinese retail investors thronging to join Futu Holdings’ online brokerage during the pandemic have sent the company’s stock soaring this year, and boosted the wealth of its founder Leaf Li by nearly 460%.