Global fintech funding has fallen dramatically
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.After significant growth in Q1 2016, global VC-backed fintech funding in Q2...
View ArticleDan Wagner tells his side of the story on the Powa Technologies collapse
Dan Wagner is finally ready to talk about Powa Technologies again.Payments business Powa, founded and ran by Wagner, was once worth $2.7 billion and raised over $200 million in debt and equity. But it...
View ArticleBritain had a vast, unfair transfer of £36 billion in wealth and no one is...
If the government proposed a law that cut the amount your employer had to pay into your pension each year from an average of £7,400 ($9,675) to just £1,071, people would be angry.Now imagine how angry...
View ArticleThe 19 coolest buildings in the UK
The UK is full of old and new buildings that qualify among the world's most impressive works of architecture.For those looking for a guide to the very best the UK has to offer, we have compiled a...
View ArticleTHE REGTECH REPORT: Global regulatory requirements are creating a huge...
Financial services companies are struggling to keep up with a mountain of new regulatory and reporting requirements — and it's only going to get worse.From the 2008 financial crisis through 2015, the...
View ArticleTHE 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 ArticleMervyn King has an incredible anecdote about the most bizarre thing that...
Lord Mervyn King, governor of the Bank of England during the 2008 crisis, has a great anecdote about the "most bizarre" thing that happened to him during the crash.Speaking in London in March, King...
View ArticleThis Labour politician's reaction sums up everything that is going wrong for...
The Labour party is in the midst of a civil war, with MPs revolting against its incumbent leader Jeremy Corbyn while a hardcore group of activist party members are keeping Corbyn in power.Labour MPs...
View ArticleThe 'great rotation' isn't happening (SPY, SPX)
Stocks are susceptible to a pullback in September, according to UBS chief equity strategist Julian Emanuel.Emanuel wrote in a note to clients on Wednesday that this trouble is because a likely-seeming...
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 ArticleBritain's landlords are making a killing from an impossible situation poor...
The combination of more households having low incomes and an exorbitant rise in property prices due to the critical housing shortage is forcing more people into renting. And, in turn, private landlords...
View ArticleVW plans to suspend Golf production for a few days in October, December
FRANKFURT (Reuters) - Volkswagen plans to suspend production of its Golf model at its Wolfsburg headquarters for a few days in October and December to balance earlier over production, it said on...
View ArticleUnderstand the payments industry in one hour with this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
View ArticleTHE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders,...
The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of...
View ArticleThe tide may be turning for the hedge fund industry
The hedge fund industry has had a tough run.Hedge funds on average have returned about 3% this year, according to Goldman Sachs, while the S&P 500 is up by about 7%.The hedge funds themselves have...
View ArticleHere’s how Ford’s self-driving cars will work
Ford has big plans to get into self-driving cars.On Tuesday, the automaker announced that it aims to roll out an autonomous taxi fleet in at least one city in 2021. Ford said its driverless cars will...
View Article'They are hurting right now': The oil patch and has been decimated
Oil prices have dropped over 20% since June.US crude-oil and gas inventories are at the highest seasonal level in at least two decades, and Saudi Arabia is keeping exports high.This global supply glut...
View ArticleThis exceptionally rare car just made history at the Pebble Beach auctions
The very first Shelby Cobra just broke the record for the the most expensive American car sold at auction at Pebble Beach Friday.Pebble Beach is a five-day vintage car show in Monterey, Calif. that...
View ArticleMESSAGING APPS FOR PUBLISHERS REPORT: Why chat apps are now crucial for...
The top four messaging apps — Facebook's Messenger, WhatsApp, WeChat, and Viber — now claim nearly 3 billion monthly active users combined, narrowly outnumbering the combined active users on the...
View ArticleA 'Venezuela' is happening in capital markets
This may be the darkest thing we've read about the market in a while.In a letter to investors marking his hedge fund's 10th anniversary, James Litinsky of JHL Capital said he would rather be investing...
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