ALL FINTECH NEWS

JPEG on the Blockchain: Image Format Creator Believes Tech Can Fight Copyright Theft

A blockchain-based system might better flag fakes and prevent copyright violations, technical committee JPEG says.

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Ethereum May Incur an Intense Parabolic Surge After Visiting This Level

Ethereum has begun climbing higher after facing some intense selling pressure over the past couple of days, which sent ETH from highs of $285 to …

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Binance Is Not Authorized to Operate in Malta, Financial Regulator Says

Binance is not allowed to operate crypto in Malta because it does not hold a license from the Malta Financial Services Authority, the regulator says. …

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Messi Wants World-Beater Neymar. Barcelona Buy a Middlesborough Flop.

Another weird week in Barcelona. Messi wants Neymar. The club brought in a journeyman flop once seen stinking out Middlesborough. The post Messi Wants World-Beater …

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Belgian Regulator Adds New Crypto-Related Businesses to Its Blacklist

Belgium’s Financial Services and Markets Authority has updated its blacklist of cryptocurrency-related websites associated with fraudulent activity. Belgium’s Financial Services and Markets Authority (FSMA) has …

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PS5 & Xbox Leaker Teases Next-Gen 90fps Native 4K Gameplay

A leaker has offered a description of a hands-on session with an undisclosed next-generation title on the PlayStation 5 and Xbox Series X. The post …

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How This Cryptocurrency Platform Grew From Nothing to Top 5 Exchange Worth $1 Billion in 9 Months

Cryptocurrency derivatives exchange, FTX, launched in May 2019, now ranks as a top 5 exchange by adjusted volume. Moreover, such has been their rise, they …

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Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving

Riot Blockchain has opted to sell its new crypto exchange RiotX to focus on Bitcoin mining before halvening. Riot Blockchain, a Nasdaq-listed crypto firm in …

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Amazon Prime Smash-Grabs UK Market in Fierce Netflix Battle

As news that Amazon Prime now outpaces Netflix growth in the UK surfaces, there’s one key reason for the success of the streaming giant. The …

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Binance Is Not Under Our Jurisdiction, Says Malta Regulator

The regulator has denied reports that Binance has ever fallen under Maltese jurisdiction.

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Fidelity International Invests $14M in Hong Kong Crypto Exchange Operator

Fidelity International, a spin-off of the U.S. financial services giant Fidelity Investments, has invested $14 million in Hong Kong-based BC Group, which operates crypto exchange …

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Cyprus SEC Embraces Blockchain Despite Unregulated Status of Crypto

Despite the unregulated status of crypto in Cyprus, the nation’s securities regulator is promoting and adopting blockchain. The Cyprus Securities and Exchange Commission (CySEC) recently …

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Preordered Half-Life: Alyx? Good Luck Owning a Valve Index at Launch

Valve warns of coronavirus-linked Index VR headset shortages in the lead up to release of highly-anticipated Half-Life: Alyx. The post Preordered Half-Life: Alyx? Good Luck …

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OSCE Sponsors Cryptocurrency Course for Central Asia Law Enforcement

The OSCE held a five-day course for Central Asian law enforcement representatives that taught them how to prevent drug-related crime facilitated by the darkweb. The …

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Lloyds profits drop as PPI legacy takes its toll

Lloyds expected a surge in the number of complaints regarding mis-sold payment protection insurance (PPI) last year, impacting its bottom line. The UK bank saw …

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Expert Says New Blockchain Regulation Should ‘Nudge’ Rather Than Push

Regulators should aim to influence public behavior rather than rule with an iron fist when it comes to emerging industries such as blockchain, a new …

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Bank of Singapore appoints new chief data and innovation officer

Bank of Singapore, the private banking arm of OCBC, appointed Celine Le Cotonnec to the institution’s newly created role of chief data and innovation officer. …

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Efma – Capgemini Financial NewTech Challenge 2020

The deadline for the Efma-Capgemini Financial NewTech Challenge 2020 is quickly approaching! Let the whole world know about your financial NewTech innovations or inspiring collaborative …

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Bitcoin Chart Indicator Flips Bearish as Price Sees Weak Bounce From $9.4K

Bitcoin’s daily money flow index has turned bearish for the first time since early January, supporting the case for further price losses.

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Bremer Bank aims to revamp digital banking with Backbase

Minnesota-based Bremer Bank is switching up its digital banking operations with Backbase and its Digital-First Banking Platform. Bremer provides retail and commercial banking Bremer Bank …

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EU report omits Big Tech GDPR decision, Google moves UK data to US

The European Commission (EC) is yet to clarify its stance on Big Techs’ handling of EU consumers’ data. The EC recently published its ‘European strategy …

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Crucial Indicator: Bitcoin’s Parabolic Bull Run to $50,000+ Will Begin Very Shortly

Since Bitcoin traders got a taste of parabolic price action in early-2019, during which BTC surged from the low-$3,000s to $14,000 in a few weeks’ time, …

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This Week in Fintech ending 21 February 2020

This weekly summary from our 5 experts, brings you insights based on their experience as investors, entrepreneurs & executives. Ilias Hatzis started his first company, …

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Fortnite Streamer Ninja’s Young Viewers are Having Violent Outbursts

Ninja recently tweeted about his classic ‘gamer rage’ when losing, the discussion this has brought up is an important one. The post Fortnite Streamer Ninja’s …

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Bitcoin Price Drop Mirrors Last Golden Cross Which Led to 170% Gains

Previous instances of “golden cross” and “death cross” events show that despite mixed behavior thereafter, the precedent for Bitcoin price volatility is clear. Bitcoin (BTC) …

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Insolvent Exchange FCoin Had Bitcoin Outflow Problems Just Two Months After Launch: Report

The exchange, which revealed its insolvency this week, may have already had issues as early as July 2018.

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Priority One Credit Union kicks off conversion to Episys core system

California-based Priority One Credit Union has selected the Episys core system from Jack Henry & Associates’ Symitar division. Priority One CU is based in South …

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Bitcoin Holds Extremely Important Price, Suggesting Rally Back to $10,000 is Possible

Bitcoin really hasn’t done too well over the past day or two. As detailed in previous market updates from Ethereum World News, the price of …

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Cult Korean Church Suspected in Local Coronavirus Outbreak

South Korea has 204 confirmed coronavirus cases, but is at risk of far more numbers due to one individual. The post Cult Korean Church Suspected …

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Illegal Crypto-Bookmakers Pose Risk to Integrity of Hong Kong Horse Racing

Unregistered cryptocurrency bookmakers are opening the door to race-fixing in the world of Asian horse racing. The rise in unregulated cryptocurrency betting markets poses a …

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Ethereum Just Flipped a Crucial Level Into Support, Setting Stage for Explosive Rally

Ethereum, despite what you may think, did not see a positive 2019. The second-largest cryptocurrency by market capitalization registered a slightly negative performance in 2019, …

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Riot Blockchain Plans Sale of Crypto Exchange as It Invests More Millions in Bitcoin Mining

The Nasdaq-listed company is installing thousands of new Antminer devices from Bitmain at its Oklahoma facility.

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Ripple’s Xpring Wants XRP and Ethereum to Connect, But Why?

Last weekend, the world’s Ethereum fanatics, developers, founders, and companies descended on Denver, Colorado to discuss developments regarding their favorite blockchain. The event they were …

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Sweden starts piloting e-krona on R3’s Corda platform

Riksbank, Sweden’s central bank, has begun testing what could become the world’s first central bank digital currency (CBDC). With the help of Accenture, the bank …

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Global Regulators Haven’t Properly Addressed Stablecoins

Central bank governors and finance ministers discussed regulatory oversight of cryptocurrency at the G20 meeting in Riyadh this week. Facebook’s plans to launch its cryptocurrency …

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Three Reasons Why Domino’s Pizza Stock Soared on Thursday

Domino’s Pizza stock soared on Thursday after reporting earnings. Here are three reasons why the stock is up Thursday. The post Three Reasons Why Domino’s …

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Morgan Stanley to buy E-Trade for $13bn in bid to tap online traders

Morgan Stanley has announced its plans to buy E-Trade, the electronic platform used by financial traders, for $13 billion. The acquisition pits the Wall Street …

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Sohar International nabs Nordea’s ex-chief digital officer

Sohar International Bank, the Oman-based bank formerly known as Bank Sohar, has appointed Nordea’s ex-chief digital officer Ewan MacLeod as its new chief transformation officer. …

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iSignthis to form blockchain venture with NSX to compete with ASX

iSignthis, the Australian identity, payments and e-money solution, has teamed up with the country’s second largest stock exchange, the NSX, to create a digital securities …

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Juventus Soccer Club Offers Digital Trading Cards through Sorare

The blockchain-based Sorare will allow the Italian team to start offering collectible digital cards. The Italian soccer team Juventus has a number of traditional collectibles …

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Barclays spies on staff, CEO investigated for Epstein links

Barclays has installed employee monitoring software at its London headquarters to track workers’ activity and issue daily updates to those not being “active” enough. An …

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Security Token news for Week Ending Friday 21 February 2020

Here is our pick of the 3 most important Security Tokens news stories during the week: BitGo Acquires Harbor In Surprise Expansion Beyond Crypto Custody Crypto …

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Introducing Sheldon Freedman as our Security Token News Curator

A few weeks ago we started a new format. The logic was explained in this announcement. We believe in constraints because sipping from a firehose …

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Thailand and Cambodia’s Payments QR are Now Interoperable

Regulators from Thailand and Cambodia announced earlier the launch of an interoperable payment QR code between the two countries. Cambodian tourists visiting Thailand will now …

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Do or Die for Bitcoin Bulls: Here’s A Crucial Breakout Zone For A Sharp Recovery

Bitcoin managed to stay above the $9,350 support area against the US Dollar. BTC price is currently recovering, but it must surpass $9,825 for a …

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IOTA Urges Trinity Wallet Users to Use Seed Migration Tool

The IOTA Foundation is strongly recommending users of its official wallet to immediately change their passwords. Responsible for one of the top performing cryptocurrencies, IOTA …

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Ripple (XRP) Trading Near Make-or-Break Levels, Can Bulls Break This?

Ripple corrected lower sharply and broke the $0.3000 support area against the US Dollar. XRP is now trading near the key $0.2640 support and it …

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Ethereum Bulls Just Doesn’t Want To Give Up, Fresh Rally Incoming?

Ethereum traded close to the $240 support area and recently recovered against the US Dollar. ETH price is now trading above $255 and it is …

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Funcom to Unveil the Latest Game Launcher That Nobody Wants

Gamers have been frustrated at having to use the Epic Games Store to play exclusive games such as Metro Exodus. The Funcom launcher just adds …

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How MyInfo Revolutionized Verification Process in Singapore

MyInfo made verification process easier than ever for the citizens of Singapore and thanks to BASIS ID every FinTech can now integrate this service into …

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South Korea Shockingly Sees Coronavirus Cases Spike to 156 & It’s Penetrating the Military

According to a government-funded publication in South Korea, the total number of confirmed coronavirus cases officially hit 156. The post South Korea Shockingly Sees Coronavirus …

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