Economy
Cryptocurrencies replacing traditional fiat currencies; wealth inequality; the economic impact of automation and the next industrial revolution—this page covers the trends and news that will influence the economies of the future.
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https://techround.co.uk/startups/top-startups-chester-keep-eye-on/
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Techround
We are delighted to announce that award submissions for 2022 are open. We are running the , and the competitions. Enter now and get your business in front of an influential audience of over 300,000 monthly visitors.
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https://finovate.com/secureauth-acquires-access-management-technology-company-cloudentity/
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Finovate
Seattle, Washington-based Cloudentity has been acquired by access management firm SecureAuth.
Terms of the deal were not disclosed. Cloudentity has raised $13 million in funding.
Cloudentity made its Finovate debut at FinovateFall 2022 in New York.
Access management and authentication company...
Terms of the deal were not disclosed. Cloudentity has raised $13 million in funding.
Cloudentity made its Finovate debut at FinovateFall 2022 in New York.
Access management and authentication company...
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https://www.pymnts.com/news/cross-border-commerce/cross-border-payments/2024/meet-the-2006-payments-startup-that-took-ach-payments-global/
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Pymnts
Cross-border payments circa May 2024 have become a highly specialized sector of the payments industry. Look at the activity in this space, even year-to-date, and you'll see companies like the . ISO 20022 messaging format. security. But they've also come a long way in a short . A good deal of that progress has its roots in a collective of payments executives that met as early as 2006 — way before Zoom was even an idea — to create standards and practices for low-value, non-urgent cross-border payments.
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https://www.etfdailynews.com/2024/05/01/temenos-ag-otcmktstmsny-sees-large-increase-in-short-interest/
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Etfdailynews
Temenos AG (OTCMKTS:TMSNY - Get Free Report) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 600 shares, an increase of 20.0% from the March 31st total of 500 shares. Based on an average daily volume of 8,900 shares, the...
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https://www.etfdailynews.com/2024/05/01/piper-sandler-lowers-first-internet-bancorp-nasdaqinbk-price-target-to-34-00/
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Etfdailynews
First Internet Bancorp (NASDAQ:INBK - Get Free Report) had its target price cut by stock analysts at Piper Sandler from $35.00 to $34.00 in a research note issued on Monday, Benzinga reports. The brokerage currently has a "neutral" rating on the bank's stock. Piper Sandler's target price suggests...
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COUNTRY FORECASTS
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https://financialpost.com/fp-finance/banking/equitable-bank-taps-schitts-creek-duo-battle-canadian-stranglehold
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Financialpost
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FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.chargebee.com/blog/guide-to-open-banking-financial-innovation/
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Chargebee
The financial services sector is constantly evolving. Consider personal banking, for instance. We've shifted from visiting bank branches for every transaction to ATMs to confirming payments in seconds through the bank's smartphone app.
This transformation is more evident in the United Kingdom...
This transformation is more evident in the United Kingdom...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.dispatchtribunal.com/2024/05/02/teton-advisors-inc-has-484000-stake-in-first-internet-bancorp-nasdaqinbk.html
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Dispatchtribunal
Teton Advisors Inc. trimmed its stake in First Internet Bancorp (NASDAQ:INBK - Free Report) by 18.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,000 shares of the bank's stock after selling 4,440 shares...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.nytimes.com/2024/05/03/arts/design/carpenters-workshop-gallery-ladbroke-hall.html
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Nytimes
It was love at first sight, said Loïc Le Gaillard, a founder of the Carpenters Workshop Gallery (C.W.G.). The design gallery's London base had been in the Mayfair district for 16 years where, he said, it was anchored in a white cube exhibition space, "having the same language as everybody...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.fintechfutures.com/2024/05/banking-technology-magazine-may-2024-issue-out-now/
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Fintechfutures
Cover story: PLASTIC MEASURES - Banking must follow a more sustainable path. Welcome to the May issue of Banking Technology. With plenty of ups and downs in the fintech space over the last month, our editorial team has been busy. In the US, Banking-as-a-Service (BaaS) continues to find itself in the hot seat.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://jake-jorgovan.com/blog/insurance-industry-by-the-numbers-stats-insights-analysis
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Jake-jorgovan
The insurance industry faces several significant challenges in 2024, driven by regulatory, technological, and market dynamics.Let's review them so you can be better prepared. Cybersecurity and Data Breaches: The frequency and severity of cyber threats, including data breaches and ransomware...
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https://oilprice.com/Finance/the-Economy/Digital-Pound-Could-Be-a-Fiscal-Game-Changer-for-the-UK.html
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Oilprice
tens of billions through increased seigniorage revenue, a new report has argued. Research from Positive Money estimates that, by 2029, the government could gain around £15bn a year if 20 per cent of bank deposits were switched to a digital pound. the report argued. Seigniorage is the profit made by a government for issuing currency.
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https://thepointsguy.com/guide/eco-friendly-sustainable-hotels/
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Thepointsguy
With ever-growing cruise ship capacity, car traffic, hotel development, jet fuel, food waste and suitcases full of fast fashion, it's safe to say that travel and tourism take a significant toll on the environment. And the numbers don't lie: 8% to 10% of annual global greenhouse gas emissions were...
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https://www.creativebloq.com/news/casetify-art
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Creativebloq
The brand might be beloved by Gen millennials and no shortage of celebrities, but CASETiFY knows it's part of an industry that isn't exactly famous for its sustainability credentials. Plastic phone cases. With new smartphones launching every year, the plastic cases that cover them can end up feeling somewhat disposable - but CASETiFY has found some novel uses for its recycled products.
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https://cryptobriefing.com/trezor-coinjoin-shutdown/
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Cryptobriefing
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Crypto hardware wallet manufacturer Trezor announced today the discontinuation of the coinjoin feature in its Trezor Suite. The service, provided in partnership with zkSNACKs, the developer of the Wasabi Wallet, will cease by June. Despite the shutdown, Trezor assures users...
Crypto hardware wallet manufacturer Trezor announced today the discontinuation of the coinjoin feature in its Trezor Suite. The service, provided in partnership with zkSNACKs, the developer of the Wasabi Wallet, will cease by June. Despite the shutdown, Trezor assures users...
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https://cryptobriefing.com/warren-king-flag-iran-crypto-mining/
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Cryptobriefing
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website....
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https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-ether-prices-drop-amid-lackluster-debut-of-hong-kong-etfs/articleshow/109732714.cms?from=mdr
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Economictimes
Major crypto tokens saw a decline on Tuesday following the lackluster debut of a series of exchange-traded funds (ETFs) in Hong Kong.Bitcoin, the largest cryptocurrency by market value, fell 1.75% to $61,222, while the second-largest digital token, Ethereum, slipped 5.2% to $2,998. In their Hong...
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https://blockchain.news/news/dtcc-announces-changes-to-collateral-allocation-for-bitcoin-linked-etfs
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Blockchain
The Depository Trust and Clearing Corporation (DTCC) has recently made a significant decision regarding collateral allocation for exchange-traded funds (ETFs) with exposure to Bitcoin and cryptocurrencies. This decision, effective April 30, 2024, will have implications for the treatment of these...
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https://www.investopedia.com/cryptocurrency-market-news-bitcoin-wallet-developers-arrested-as-u-s-ramps-up-regulatory-pressure-8640034
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Investopedia
Key Takeaways
The founders of privacy-focused bitcoin wallet Samourai Wallet have been arrested and charged with money laundering violations.In reaction to the action against Samourai Wallet, at least two other bitcoin wallet providers decided to leave the U.S. market.Blockchain technology...
The founders of privacy-focused bitcoin wallet Samourai Wallet have been arrested and charged with money laundering violations.In reaction to the action against Samourai Wallet, at least two other bitcoin wallet providers decided to leave the U.S. market.Blockchain technology...
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https://financialit.net/news/payments/mohegan-digital-chooses-paynearme-exclusive-payment-provider-pennsylvania-online
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Financialit
Mohegan Digital Chooses PayNearMe as Exclusive Payment Provider for Pennsylvania Online Gaming PayNearMe, the fintech company bringing progress to payments, today announced Mohegan Digital, the iGaming division of Mohegan, has selected MoneyLine™ as its exclusive payments platform to facilitate...
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https://www.killerstartups.com/flutterwave-planning-ipo-amidst-african-fintech-growth/
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Killerstartups
Flutterwave, a leading African fintech firm, has announced plans for an Initial Public Offering (IPO). The company is actively working to ensure a successful public debut by making sure all necessary criteria for the transition are met. CEO, Olugbenga 'GB' Agboola, highlights the firm's focus on...
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https://www.benzinga.com/pressreleases/24/04/n38507614/fintech-select-ltd-publishes-results-for-fiscal-year-2023
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Benzinga
TORONTO, April 29, 2024 /CNW/ - Fintech Select Ltd. ("Fintech Select" or the "Company") FTEC is pleased to announce its financial results for the fiscal year ending 2023, reporting a net income of $329,212 mainly driven by operational activities. This contrasts with a net income of $1,196,385 for...