Financial Technology
- Finance
Pressure mounts on Coinbase IPO as crypto exchange prepares to face the hype
Coinbase is set to make history for cryptocurrency companies everywhere this week, as it prepares to list its shares publicly on…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Market
Coinbase stock pops after going public, with crypto company valued above $100 billion
Coinbase Global Inc. became the most valuable U.S. exchange Wednesday amid strong demand for the cryptocurrency platform’s newly public stock.…
Read More » - Market
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…
Read More » - Market
Weekend reads: A warning for a record-high stock market
The S&P 500 index SPX, +0.32% keeps hitting record highs. That itself might not be alarming — a strong stock…
Read More » - Finance
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…
Read More » - Market
‘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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Market
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…
Read More » - Finance
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…
Read More » - Market
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…
Read More » - Market
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…
Read More » - Finance
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…
Read More » - Finance
NFT investment firm set for London IPO
A company designed to invest in non-fungible tokens (NFTs) has announced it is aiming to raise £10m in a float…
Read More » - Market
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…
Read More » - Finance
‘You have to wonder what this says about Credit Suisse risk management’
Credit Suisse was dealt another blow on the heels of massive losses from the Greensill collapse, sparking worries about the…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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.…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Market
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…
Read More » - Market
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…
Read More » - Finance
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…
Read More » - Finance
Here’s how Roblox listing, $38bn market cap boost compared to 2021’s top Wall Street tech IPOs
Gaming firm Roblox, a favourite among kids spending their parents’ money globally, burst onto Wall Street last week in a…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
EU watchdog doubles down on crypto warning amid bitcoin boom
The European markets regulator has repeated warnings about the risks of cryptoassets for investors, noting that record prices for cryptocurrencies…
Read More » - Finance
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…
Read More » - Finance
From bitcoin to blockchain: Inside Goldman Sachs’ crypto unit
As the meteoric rise of bitcoin and other cryptocurrencies continues at pace, investment banks are now getting in on the…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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,…
Read More » - Finance
China’s Ant Group changes fintech rules as CEO steps down
The chief executive of Ant Group has stepped down on the same day the fintech firm set itself a new…
Read More » - Finance
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…
Read More » - Finance
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,…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Market
Twitter CEO Jack Dorsey is selling his first tweet — bidding is at $2.5 million
Twitter TWTR, -2.37% CEO Jack Dorsey is selling his first tweet. “Just setting up my twttr,” the tweet from March…
Read More » - Finance
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.…
Read More » - Finance
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…
Read More »
