Banking institutions in the United States should stay on guard in the next five years with regards to their status in the banking sector. This developed after Bain and Co made an estimate that e-commerce giantAmazon could get as much as 70 million US customers within five years if it...
Leading derivatives regulator Mr Giancarlo said: “I personally think that cryptocurrencies are here to stay. “I think there is a future for them.” He however is sceptical the currency will ever achieve its ultimate goal of becoming the world’s leading currency. CRYPTOCURRENCIES like bitcoin are here to stay, claims Commodity Futures Trading...
The Securities and Exchange Commission is dead serious to punish the agencies that cause disruption to market events. Recently, SEC ordered the New York Stock Exchange to pay $14 million fine for multiple breakdowns and regulatory violations. The SEC move came after they conducted five separate investigations on Nyse. These five investigations...
It seems we are up for another tumble between two giants in the financial industry. A patent infringement lawsuit was placed against IEX by NASDAQ thus essentially prolonging the struggle between the two entities. In total, there seems to be seven patents presented in the lawsuit, and according to NASDAQ,...
In the meeting of the House Financial Services Committee, subcommittee on Capital Markets, Securities and Investment, members of the Committee inquired from the experts about the latest technological innovation taking place in the financial world. The meeting titled “Examining the Cryptocurrencies and ICO Markets” was held on 14th March...
The uncurbed growth of the Fintech Industry continues to give birth to innovation and disrupt the financial space. Industries are drawn to it, and it has become indispensable for the survival of your business to remain alert and up-to-date of the trends in Fintech. To remain among the innovative clique,...
Oracle Corp., the second largest software company in the world, will offer blockchain-based products to its customers within the next two months. President Thomas Kurian , head of the Oracle, explained that products built on  decentralized ledger-based systems in Oracle's statement will meet with customers in the upcoming period. The California-based company has...
Customers of the U.S. based Fintech AvidXchange, a fintech that provides accounts payable and automated payment solutions to midsize businesses, are set to get more benefits from the products they purchase from the company. AvidXchange Now Offers Account System Integrations For Purchase-to-Pay Solution This developed after AvidXchange, recently launched its first...
Arizona's tax payment bill on paying cryptographic money was passed by the House of Representatives of the state, but there were some issues. The new bill is almost completely different from the old one. According to the public records of the state, House of Representatives adopted Senate Bill 1091 on April 30 with votes 43 to 14. In addition, the measure in...
In most of the cases, it has been found that Fintech companies often cater to the millennials. They often develop products which are specifically geared towards the millennials. However, the millennial market, after all, is a portion of the entire market. That is why it is high time that...