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Alert: Fintech revolution hits roadblocks
What’s really going on in financial technology? Financial technology, or “fintech” for short, is threatening to turn traditional financial fields like banking, lending, asset management and insurance...
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Private equity is 'seeing more excitement than it can handle' in the...
The cannabis industry is starting to see some serious investment activity.Over the last few years, a new wave of cannabis-finance companies have formed to capitalize on the green rush.Companies like...
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The hedge fund industry has a 'real problem,' but it's not the one you think
The hedge fund industry is struggling.Poor performance,insider trading investigations, and the winding down of some marquee funds have marred the industry as of late and dominated headlines.There is...
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Understand fintech - Amazon's next possible frontier - with this report (AMZN)
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...
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Chinese consortium agrees $4.4 billion deal for Caesars online games: sources
By Liana B. Baker and Allison Lampert(Reuters) - A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd founder Jack...
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Wall Street's big investors are piling into tourism
Rainmakers are betting on tourists to bring in some serious profits.The Carlyle Group, the private-equity giant with $178 billion in assets, recently invested in Inca Rail, which provides a scenic ride...
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Here are some of the most important moments from Boeing's 100 years of...
This year, Boeing is celebrating its centennial anniversary. In the century since its founding, the Boeing Company has evolved into one of the titans of the aviation industry. The company is...
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THE PAYMENTS INDUSTRY EXPLAINED: The trends creating new winners and losers...
The way we pay is changing dramatically. For example, people are beginning to use their smartphones for every kind of formal and informal transaction — to shop at stores, buy songs online, and even...
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Helicopter money talk takes flight as Bank of Japan runs out of runway
By Stanley WhiteTOKYO (Reuters) - The Bank of Japan's review of its monetary stimulus program promised for September has revived expectations it could adopt some form of "helicopter money", printing...
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Nike and Under Armour are facing unexpected headwinds — and the battle could...
Have we hit peak activewear?There are several signs that the brands that have been long-hailed has invincible to the challenges in the retail sphere may be headed for trouble.Nike, a $32.4 billion...
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Tesla has to overcome a major problem for its massive new Gigafactory to...
Tesla held a grand opening for its $5 billion Gigafactory in Nevada last week.This massive facility, which will have the largest footprint of any building in the world when complete, is critical to...
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Billionaire investor Steve Cohen has a new mantra, and this is the guy...
Steve Cohen has a new mantra: better to be safe than sorry.Cohen's Point72 Asset Management is taking extra precautions to guard against wrongdoing after Cohen's predecessor hedge fund, SAC Capital...
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Uber to invest $500 million in global mapping project: FT
NEW YORK (Reuters) - Ride-hailing service Uber [UBER.UL] has decided to invest $500 million into an ambitious global mapping project to wean itself off dependence on Google Maps and pave the way for...
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Vivendi says ties with Mediaset not 'broken'
PARIS (Reuters) - Ties between Vivendi and Italy's Mediaset are not "broken" but nor are they essential to the French media group's strategy as it could find other Italian partners, its chief executive...
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A trading startup backed by George Soros and Peter Thiel just hit the reboot...
TruMid, the startup backed by venture capitalist Peter Thiel and investor George Soros, has revamped its trading platform as it seeks a new approach to electronic bond trading.The firm rolled out its...
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What 25 major world leaders and dictators looked like when they were young
What 25 major world leaders and dictators looked like when they were youngJoin the conversation about this story »NOW WATCH: This lunch box for adults could change the way you eat
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Is Lending Club's crash a preview of fintech's future?
What’s really going on in financial technology? Financial technology, or “fintech” for short, is threatening to turn traditional financial fields like banking, lending, asset management and insurance...
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THE 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...
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This is what it's like when the 1% go to jail, according to a couple that...
Shame. Ostracism. A shift to food stamps.This is a harsh reality for the families of white-collar criminals — hedge fund managers convicted of insider trading, or bankers nabbed for embezzlement.Sure,...
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BIOMETRICS IN THE PAYMENTS INDUSTRY: Why biologically based authentication is...
Passwords and PINs are being rendered irrelevant thanks to rising digital fraud, growing concern about data privacy, and difficulty remembering an endless stream of letters and numbers. That’s been...
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