THE BLOCKCHAIN REPORT: Why the technology behind Bitcoin is seeing widespread...
Blockchain technology, which is best known for powering Bitcoin and other cryptocurrencies, is gaining steam among finance firms because of its potential to streamline processes and increase...
View ArticleBritain's MPs want to break up the UK power grid and make it more like the US
A group of influential MPs has called for the National Grid — the electricity power network that covers most of the UK — to be split up and made more like the system used in the US.In a cross-party...
View ArticleMACQUARIE: These are the companies that will hugely benefit from a Brexit
There are a variety of institutions and governments that have delivered doomsday scenarios for Britain in the event of a Brexit, but analysts at Macquarie point out that some companies will actually do...
View ArticleThe new 'sick man' of Europe
Step aside, Greece.According to BMI Research, Europe's got a new "sick man": Finland.The northern European country could be looking at a muggy economic future as its major industries continue to...
View ArticleDigital currency Ethereum is cratering amid claims of a $50 million hack
The value of digital currency Ethereum is spiralling downwards amid an apparent huge hack targeting an organisation with huge holdings of the currency.It's now below $15 — down from more than $21 just...
View ArticleTHE MOBILE PAYMENTS REPORT: Market forecasts, consumer trends, and the...
Although the mobile wallet ecosystem is maturing, in-store mobile payments haven't yet taken off. Consumer disinterest, coupled with delays in fully implementing the necessary infrastructure, are...
View ArticleU.S. ends criminal case against FedEx over online pharmacies
SAN FRANCISCO (Reuters) - The U.S. Department of Justice on Friday dismissed all criminal charges against FedEx Corp , according to a court filing, in a case where the company was accused of shipping...
View ArticleThe multibillion-dollar marijuana industry could soon come out of the 'gray...
The Senate Appropriations Committee voted on Thursday to allow banks to provide financial services to legal recreational and medical marijuana dispensaries, according to The Denver Post.Marijuana is...
View ArticleThe Feds have given up on a case against one of the most infamous executives...
The Justice Department has abandoned a civil suit against Countrywide Financial cofounder Angelo Mozilo, Bloomberg News is reporting.Mozilo built Countrywide into the nation's largest mortgage lender,...
View ArticleTHE FINTECH REGULATION REPORT: How European regulators are creating fertile...
Financial technology — known more commonly as fintech — is attracting a lot of attention globally. Fintech companies provide technologies that aim to disrupt the financial services industry by making...
View ArticleThe hedge fund at the center of an insider-trading scandal is shutting down
Visium Asset Management, the hedge fund at the center of an insider-trading investigation, is shutting down, according to an investor letter seen by Business Insider.Visium is shutting its flagship...
View ArticleHSBC to pay $35 million to resolve yen Libor litigation in U.S.
NEW YORK (Reuters) - HSBC Holdings Plc will pay $35 million to end private U.S. antitrust litigation claiming that it harmed investors by conspiring with other banks to manipulate the yen Libor and...
View ArticleHow the company Salesforce bought for $2.8 billion used a brutal bidding war...
When Salesforce CEO Marc Benioff announced the $2.8 billion acquisition of Demandware earlier this month, he described it as a "very competitive deal," adding it's the "most intense" M&A...
View ArticleOrlando attacks renew focus on security at smaller U.S. businesses
By Nick CareyCHICAGO (Reuters) - While mass shooting attacks are on the rise, smaller U.S. businesses remain reluctant to invest in more physical security measures such as metal detectors or extra...
View ArticleU.S. sees China investment talks productive after new offers: USTR
WASHINGTON (Reuters) - Bilateral investment talks between the United States and China "continue to be productive," the U.S. Trade Representative's office said on Friday after the two sides exchanged...
View ArticleThe heroes of 'Flash Boys' have won
IEX, the company founded by "Flash Boys" hero Brad Katsuyama, has won approval to run a US stock exchange. IEX, which has up until now operated as an alternative trading system (ATS), filed with the US...
View ArticleSEC approves IEX as national stock exchange
By Chuck MikolajczakNEW YORK (Reuters) - The U.S. Securities and Exchange Commission has granted the hotly debated request by alternative trading group IEX Group Inc to launch a new U.S. public stock...
View ArticleHeavy trading predicted around Brexit vote
By Saqib Iqbal AhmedNEW YORK (Reuters) - U.S. stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain remains in the European...
View ArticleFintech firms could find surprising exit thanks to this unlikely major player...
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.The arrival of the age of fintech is about to shake up the financial...
View ArticleRobo-advisors have a $2 trillion opportunity in front of them
The creation of a portfolio with sustainable investments can be both time consuming and complicated, and the management of those portfolios often carry fees of approximately 1%.Sustainable investments...
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