Financial Technology
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Finance firms ramp up staff spying to track emotional state: ‘Intrusive as they want to be’
The pandemic has supercharged a growing trend of employee surveillance as finance firms scramble to keep on top of compliance…
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Ark’s Cathie Wood predicts these two trends will be the next disruptors
Digital wallets and genomics are the next big disruptive trends, according to founder and chief investment officer of Ark Investment…
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Opinion: Should you buy Coinbase? The valuation is ridiculous, based on this math
Even though Coinbase’s revenue surged over the past 12 months, the company has little to no chance of meeting the…
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Currencycloud’s John Hammond rejoins co-founders as Railsbank executive
The founding team of payments firm Currencycloud has reunited following the appointment of industry veteran John Hammond as Railsbank’s next…
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‘We’ve reached a tipping point’ on bitcoin adoption, Fidelity’s Tom Jessop says
Tom Jessop, head of Fidelity Digital Assets at Fidelity Investments, says that the maturation and adoption of digital assets as…
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Jamie Dimon: Fintech poses ‘big time’ threat to JPMorgan and major banks
Silicon Valley’s technology prowess poses a major competition threat to Wall Street, JPMorgan boss Jamie Dimon has said. The US…
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Billionaire Peter Thiel warns bitcoin is a ‘Chinese financial weapon’ that needs tougher scrutiny
Bitcoin should be viewed as a “Chinese financial weapon” that poses a geopolitical threat to the US, PayPal founder and…
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A bitcoin revolution is underway and MarketWatch is gathering a cast of crypto experts to explain what it all means. Sign up today!
A financial paradigm shift may be evolving right under our very noses. The nature of money, and in many cases…
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Revolut to launch major US blitz as it targets a million users this year
Digital bank Revolut is aiming to reach a million users in the US by the end of this year, as…
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Coinbase says first-quarter sales topped $1 billion
Cryptocurrency platform Coinbase Global Inc. revealed late Tuesday preliminary first-quarter revenue that topped $1 billion, surpassing revenue for all of…
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A bitcoin revolution is underway and MarketWatch is gathering a cast of crypto experts to explain what it all means. Sign up!
A financial paradigm shift may be evolving right under our very noses. The very nature of money, and in many…
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Bitcoin rally helps crypto market cap soar past $2 trillion
Strong performances from bitcoin and ethereum have taken the market capitalisation of cryptocurrencies above $2tn for the first-time ever. Ethereum…
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Ether, the No. 2 crypto, hit a record above $2,100 as bitcoin trades near $60,000 on Good Friday
The world’s second-most prominent crypto on Friday touched a fresh record above $2,100. Ether ETHUSD, +0.01%, running atop the ethereum…
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Bitcoin nearing $60,000 as PayPal permits payment using the crypto
The price of bitcoin jumped to nearly $60,000 following an announcement by PayPal that it would allow users to use…
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Digital banks cap meetings to tackle staff’s lockdown burnout
Fintech firms have followed in the footsteps of financial services giants across the City, updating internal guidelines to better protect…
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Elon Musk and Jack Dorsey bitcoin bets signal they’re ‘aligned with the mission’
The investments made by Elon Musk’s Tesla and Jack Dorsey’s Square in bitcoin are a signal they believe in the…
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Ark’s Cathie Wood says bitcoin at $1tn ‘is nothing compared to where this ultimately will be’
Cathie Wood, the US star fund manager and founder of Ark Investment Management, has said bitcoin is currently in its…
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Fidelity is exploring launch of a bitcoin ETF
Fidelity Investments unveiled plans 24 March to launch an exchange-traded fund that tracks the price of bitcoin, furthering the money manager’s…
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Elon Musk says Tesla’s cars can now be bought with bitcoin
Tesla chief executive Elon Musk has said that the company’s electric cars can now be bought using the cryptocurrency bitcoin.…
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Wirecard execs aided scheme to trick banks into processing marijuana sales
Wirecard and its fugitive former No. 2 executive played a key role in an alleged scheme to trick banks into…
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OakNorth’s Rishi Khosla: ‘Our track record isn’t sustainable forever’
Despite the pandemic taking a significant toll on some of its peers, fintech firm OakNorth managed to continue growing its…
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Former HSBC managing director Patow joins fintech firm in advisory role
A former global head of anti-money laundering at HSBC is to join fintech consultancy Plenitude as a senior adviser. Barbara…
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7 things NOT to buy with your $1,400 stimulus check
Stimulus checks are quickly making their way into Americans’ bank accounts and mailboxes. Many Americans will put the money towards…
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A bitcoin winter ahead? Crypto expert predicts just that, but after digital asset hits $300,000 at end of 2021
Bitcoin prices could reach $300,000 soon — but then sink into a dark period, if history is any gauge, according…
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Revolut applies for US banking licence following Canada exit
Revolut has applied for a full banking licence in the US, filing a draft application in California which would allow…
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Morgan Stanley to offer bitcoin funds to clients from next month
Morgan Stanley is to launch access to three bitcoin-linked funds from next month, becoming the latest in a throng of Wall…
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Bank of America slams ‘volatile’ and ‘impractical’ bitcoin
Analysts at Bank of America have attacked bitcoin as “exceptionally volatile” and “impractical” in a 17 March research note. In…
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eToro confirms deal with Spac for public listing at $10.4bn valuation
Popular online brokerage eToro announced that it would merge with blank cheque company FinTech Acquisition Corp V in a $10.4bn…
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UK fintech funding slips 23% as tech sector breaks records despite Brexit
Funding for the UK’s standout fintech sector dropped 23% in 2020, despite the country’s wider tech industry raking in a…
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Bitcoin slips from record high of $61,000 as regulatory scrutiny mounts
Bitcoin has retreated from its all-time high of $61,000 over the weekend, edging down more than 8% in intra-day trading…
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It’s not just Tesla that takes bitcoin — here are the retailers accepting payment in crypto
Bitcoin has had a meteoric year as institutional investors, investment banks and fund managers, such as Tesla, Square and JPMorgan,…
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Fidelity partners with Berlin fintech for private markets push
Fidelity International, the $706bn asset manager, has acquired a minority stake in Berlin-based fintech Moonfare, a tie-up which will allow…
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Deutsche Bank names Volkswagen CFO to board as Alexander Schütz steps down
Deutsche Bank has named Volkswagen chief financial officer Frank Witter as a new member of its supervisory board, replacing Alexander Schütz,…
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JPMorgan wants to launch a crypto basket for bitcoin-friendly traders
JPMorgan is seeking permission to launch a basket of stocks with exposure to cryptocurrencies, in a move that would avoid…
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Mark Mobius: ‘I fear a decline of the bitcoin price’
Veteran fund manager Mark Mobius said he fears a decline in the price of bitcoin could have a knock-on effect…
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Crypto firm Cred failed due diligence, set ex-UK fugitive in charge of capital raising
Cryptocurrency investment platform Cred unwittingly put a convicted financial criminal identified by the UK as a fugitive in charge of…
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It’s not just bitcoin — here are the top 10 biggest cryptocurrencies
Cryptocurrencies have gone from an obscure part of finance to centre-stage over the last year. In the space of 12…
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Bitcoin pushes back above $1tn market cap as it reaches two-week high
The value of the world’s largest cryptocurrency has surpassed $1tn for the second time after digital asset prices jumped. Bitcoin’s…
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Liberum hires two trading heavyweights as electronic volumes triple in pandemic
Liberum has hired two senior trading professionals as the independent investment bank looks to expand its burgeoning electronic trading platform.…
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Here’s how Wall Street banks are hiring for the blockchain revolution
JPMorgan is spearheading the charge on Wall Street, as the world’s top banks are rapidly hiring to beat the competition in developing…
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