FinTech
A look through TransferWise’s early pitch deck
1/10<p>Peer-to-peer currency exchange<p>TransferWise’s original pitch (or is that shtick?) was that it offered cheap international money transfer via what it called “peer-to-peer” currency exchange, a claim that was certainly partially true but for years went largely unchecked.<p>In fact, coupled with …
StartupsA More Transparent Financial World is Coming
Digital currencies are a big part of the equation.<p>The digital revolution has fundamentally changed society, bringing unparalleled levels of efficiency and transparency to a number of different industries. While many areas of the world are accelerating onwards, one of the foundational components of …
BusinessHere are the top 5 banks offering the mobile banking features consumers say they want most
When it comes to offering cutting-edge mobile banking features that consumers most value, Wells Fargo tops the list, according to BI Intelligence’s Mobile Banking Competitive Edge study. Banks are increasingly putting mobile first to keep up with consumers' growing reliance on digital channels, as …
BankingTHE AUTONOMOUS TRUCKING REPORT: How self-driving technology is disrupting the way goods are delivered and creating opportunities for retailers and shipping firms
<i>BI IntelligenceThis is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here.</i><p>Trucking is set to transform radically in the coming years, with innovative technologies enabling trucks to take over more and …
Logistics“Big Four” Accountancy Firm PwC Now Accepts Bitcoin Payments
The Hong Kong office of auditing and accountancy firm PricewaterhouseCoopers (PwC) has started accepting Bitcoin as payment for its professional …
CryptocurrencyOptions for Borrowing and Lending With Cryptocurrency Are on the Rise
Unchained Capital is very similar to SALT in that it provides loans against your bitcoin capital. Their details are easier to find on their website …
BitcoinBlockchain — bitcoin’s underlying technology — could next disrupt the transportation sector - MarketWatch
Blockchain, the underlying technology behind digital currencies like bitcoin, has been hailed as having world-changing potential for industries …
Bitcoin3 industries poised to grow outside of Silicon Valley
For decades, incumbents in industries such as energy, health care, and finance have enjoyed the luxury of regulatory protection. This has provided a moat against competition and minimized the need for innovation, leaving behind inefficient businesses and frustrated consumers. However, rapidly …
BusinessChina cracks down on online micro-lending firms with new rules
BEIJING (Reuters) - China's financial regulators on Friday circulated new rules to local governments targeting fast-growing online micro-lenders, part of a campaign to rein in a rapidly developing financial sector.<p>Under the new rules, unlicensed organizations and individuals are not allowed to …
ChinaWorkFusion At The Top Of Deloitte's Technology Fast 500™ List
NEW YORK, Dec. 1, 2017 /PRNewswire/ -- WorkFusion today announced it placed 143 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology companies in North America, including such firms as Tableau, Twitter and Workday. WorkFusion, which was the only RPA and Intelligent …
InnovationChina toughens regulations on payday lenders
Emily Feng<p>China’s financial watchdogs have issued enforcement regulations upholding an existing ban on so-called online “payday loans”.<p>The measures …
explicitInsurtechs get a new accelerator, with a twist
<i>This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Insurtech Gateway, a new UK insurtech accelerator, has been licensed by the Financial Conduct Authority (FCA) as an insurance broker, a first for a UK insurtech incubator.<p>This …
Business'Framework actively working to check financial frauds'
Bengaluru, Dec 1 (PTI) Allaying security concerns over payment gateways in India in the wake of rapid digitisation of financial services, the Deputy …
IncorporatedGlobal Back Office Systems & Suppliers Report 2017 – Company Status, History, Future Strategy, System Functionality and Specifications & Extensive Customer List
/EIN News/ — Dublin, Dec. 01, 2017 (GLOBE NEWSWIRE) — The “Back Office Systems & Suppliers Report” report has been added to <b>Research and Markets’</b> …
IncorporatedForensic Analysis Value Stock Selections - December
10 Positive Forensic Value Stock selections for December.<p>Latest update of Positive Forensic returns for all portfolios YTD. Best return to date: Pos …
BusinessInvestec Bank plc Investec Bank Plc : Form 8.5 (EPT/RI) - Tesco Plc
TIDMINVP TIDMTSCO<p>FORM 8.5 (EPT/RI) - AMENDMENT TO PURCHASE ORDER POST DISCLOSURE<p>PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED<p>INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY<p>1. KEY INFORMATION<p>(a) Name of exempt principal trader:<p>Investec Bank plc<p>(b) Name of …
Arrest as financial services investigation continues
A 49-year-old man has been arrested amid a probe into the affairs of a financial services company.<p>The City of London Police and the Financial Conduct …
Jewish CultureUK House of Lords blockchain report highlights ISDA, DTCC and CLS
The report, 'Distributed Ledger Technologies for Public Good: leadership, collaboration and innovation' was released this week by Lord Holmes of …
BitcoinChinese drone maker denies giving data to government
BEIJING (AP) — The Chinese company that is the world's biggest maker of commercial drones is denying claims in a U.S. government document circulated online that it might be giving Beijing information about American law enforcement and utility companies.<p>DJI Ltd. denied suggestions in the document, …
BusinessHundreds of closing bank branches are leaving the elderly ‘abandoned’
The future isn't for everyone.<p>The reason for such a move isn’t surprising. As an RBS spokesperson explained: “More and more of our customers are …
BankingGlobal Point-of-Sale Systems Market – Penetration of Contactless Payments to Boost Growth | Technavio
Source: Press Release<p>LONDON–(BUSINESS WIRE)–The global point-of-sale (POS) systems market is expected to grow at a CAGR of close to 8% from …
IncorporatedBanks branch closures plan will cost 680 jobs
Royal Bank of Scotland is set to close 259 branches - including one in the north west.<p>Six hundred and eighty jobs will be lost nationwide as RBS …
BankingWATCH: Why FirstRand chose Roger Jardine
Most read<p>1.<p>FirstRand to turn its back on state-capture firms<p>Companies / Financial Services<p>2.<p>Johann Rupert asks investors for salary input<p>Companies / …
Business (South Africa)How Britain's high street banks became an endangered species
Royal Bank of Scotland has announced that it is closing 259 branches – around a quarter of its network.<p>There has been a flurry of bank closures this year, as more customers move to online and telephone banking. Lloyds, HSBC and Barclays have all closed branch networks across Britain in</i> …
BankingHow to Trade Bitcoin, Twitter and Other Key Names This December
What will it take to upset the stock market's persistent momentum? That's the big question I'm asking as we enter 2017's final month.<p>Market timers …
BankingTaxpayer-owned RBS slammed over plans to axe 62 branches
The closures will leave 13 towns and villages with no bank at all, in a move branded “financial vandalism” by trade unions.<p>RBS were branded …
BankingThe S&P 500 In December: And The Beat Goes On?
The S&P 500 Index has had only one losing month in 2017.<p>After a strong November, C-J simulations suggest a 54.7 percent chance the index will …
BusinessTD Ameritrade Saw Increase in Mobile Trades on Black Friday | Investopedia
Amazon.com, Inc. (AMZN) wasn't the only company to enjoy brisk sales from smartphones on Black Friday. TD Ameritrade also saw an uptick in mobile …
TradingA massive regulatory overhaul is boosting the stock of one Wall Street trading giant
• <b>Virtu, the Wall Street trading giant, ended Friday's trading session up nearly 7%.</b>• <b><br>Investors have been pouring into the stock since a UBS analyst raised his price target for the firm.</b>• <b><br>Virtu will likely benefit from a regulatory overhaul in Europe set to go live next year.</b><p>Virtu soared by more than 7% …
BusinessIndependent Study: ROI of 307% and 12-Month Payback for Basware’s P2P Cloud Solution Customers
Source: Press Release<p>Fri, Dec 01, 2017 13:56 CET<p>Espoo, Finland, December 1, 2017 – Basware, the global leader in networked source-to-pay solutions, …