A recent paper explored how banks fared in the financial crisis, particularly how their adoption of IT played a role;...
The pandemic has helped to accelerate a number of changes in financial services as banks have been forced to shift...
One of the main drivers behind the massive BB&T – SunTrust deal was the pressure to digitally innovate; the banks...
Singapore based investment firm Temasek has added their support to the Libra Association; its membership of the Libra Association will...
The Chinese tech giant Tencent has purchased a 5% stake in Afterpay worth A$390 million (US$252 million) according to the...
WeChat Pay will begin rolling out a credit rating for their 600 million users; the credit rating uses AI to...
Wells Fargo was in the news for all the wrong reasons last week as a reported fire triggered an outage...
After raising more than $232mn in an initial coin offering the company is now involved in a legal battle that could delay the launch into 2018; the dispute highlights the risk involved in the new form of financing since companies are raising money from a concept; how the case turns out could potentially effect future fundraising and whether or not investors feel secure enough to pour capital into young companies. Source.
While the Federal Reserve has said they will pour virtually unlimited amounts of capital into the mortgage-backed securities market there...
Congress tried to solve the problem of large businesses obtaining loans from the PPP by giving more money to smaller...