07/12/2019
German Central Bank: Cryptos Are Not a Threat to Financial Stability
uropean Central Bank executive board member Benoit Coeure said that financial regulators must act fast to prepare for Facebook’s Libra stablecoin
Bitcoin, Blockchain & AI
07/11/2019
Bahrain’s FinTech leader SADAD launches its latest innovative solution Sadded, transforming the payment methods in the Kingdom
This new payment solution is meant to convenience our clients and their customers by providing them ease-of-use and secure payment methods.”
07/11/2019
Middle East Blockchain Development Primed to Lead the Global Industry
What is most surprising is that just over a year ago, the UAE didn't even make it on this list, thus proving that the onset of this recent crypto wave throughout the Middle East is somewhat of a recent phenomenon.
07/10/2019
Ex-Bitmain CEO launches new startup Matrixport
This should give Matrixport a competitive advantage in the region over other similar companies as "[w]ith liquidity like that, [low] prices follow."
07/10/2019
Stratifyd Selected to Present AI-powered Analytics Platform at FinovateFall 2019
The event showcases more than 75 product demos and 120 expert speakers and an audience of more than 1500 senior financial and banking executives, venture capitalists, media, industry analysts, bloggers, regulators, and entrepreneurs.
07/09/2019
Cryptocurrencies should help boost Brexit Britain’s beleaguered financial services
The deVere CEO explains: “I believe cryptocurrencies could and should dramatically help change the fortunes of Britain’s beleaguered financial services industry for three key reasons.
07/08/2019
Facebook's Cryptocurrency Plan Draws ECB Warning on Regulation
“It’s out of the question to allow them to develop in a regulatory void for their financial service activities, because it’s just too dangerous,” Coeure said on Sunday in Aix-en-Provence in southern France.
07/08/2019
Will Facebook's digital money Libra be good for Africa?
According to a World Bank report published last year, the cost of sending cash in sub-Saharan Africa was at least 20% higher than any other region in the world.
07/08/2019
Australian Banks Join IBM to Outstrip the Paper Bank Guarantees Using Blockchain
Australia’s top-ranking banks are collaborating with IBM and the Scentre Group for the adoption of Blockchain technology for daily functionality.
07/05/2019
AI in banking: the pitfalls and opportunities
The financial services industry has a rich history of analysis and decision making drawn from large data sets.
07/05/2019
Manulife Another Canadian Bank Using Kasisto's AI Tech
Manulife’s new banking package offers a savings account, everyday no-fee chequing account, cash-back credit card, and trip insurance.
07/05/2019
ANZ, Commonwealth Bank and Westpac jointly launch Blockchain based Tech
This new, digital process increases transparency and security through the use of blockchain technology while maintaining the privacy required in such a business process.
07/05/2019
FCA suggests ban on crypto derivatives
The regulator's fear is that retail investors may "suffer harm from sudden and unexpected losses if they invest in these products" according to executive director of strategy and competition at the FCA Christopher Woolard.
07/04/2019
JP Morgan Sets Sights On AI Technology For It’s Hedge Fund Business
This won’t be the first time that the firm has invested in hedge fund bets.
07/04/2019
Tezos scores billion dollar STO deal with investment bank
The token was launched using the Ethereum protocol, but will now be migrated to Tezos, according the announcement.
07/04/2019
How the blockchain can fix the broken pension system
Distributed ledger technology will help us build a new infrastructure that will secure our retirements
07/04/2019
Cryptocurrency/digital trading on the road to becoming a reality in Jamaica
Such a move by the JSE could put the stock exchange among the front-runners to deploy an online digital currency and token trading platform.
07/04/2019
Crypto in Africa: Crypto trade termed risky in Uganda
As reported on June 28 during a Town Hall meeting in Masaka, Kasekende said, “Let me state clearly that the cryptocurrency businesses are not regulated at the moment and therefore carry a significant risk of loss of savings, with no recourse to prot
07/03/2019
JPMorgan Commits Hedge Fund to AI in Technology Arms Race
Bank has stumbled with a few hedge fund bets in recent years
07/03/2019
Facebook's Libra cryptocurrency needs deep thought and detail - UK regulator
Facebook will likely face unprecedented regulatory scrutiny over Libra, planned for launch by the end of June 2020.