Investor group seeks probe into SEC hack, urges data rules delay
FILE PHOTO: The headquarters of the U.S. Securities and Exchange Commission seen in Washington Thomson Reuters By Michelle Price WASHINGTON (Reuters) – A global investor group on Friday called for an...
View ArticleMilestone: SmartBiz Loans Top $500 Million in SBA Loans Funded
SmartBiz Loans, an SBA loan marketplace and bank-enabling technology platform … over Wells Fargo and other major banks according to SBA lending data released in November, reflecting its 2016 fiscal...
View ArticleHow Mark Zuckerberg will avoid testifying in court
A year ago, Mark Zuckerberg announced a complicated plan to change the shareholder structure of Facebook. The idea was to keep control of the company, and free up billions of dollars for his charitable...
View ArticleUber CEO makes plea to London: Please work with us
London wants to break things off with Uber, but the ride-share company’s new CEO is pleading for a solution. City officials said Friday morning that they’re not planning to renew the license that...
View ArticleAs-Sidq fintech platform to drive growth at Sedania Innovator
AFTER Sedania Innovator Bhd registered profits for three consecutive quarters, managing director Datuk Azrin Mohd Noor is confident next year will be a “growth-hiking” year. The growth will be driven...
View ArticleWaud Capital backs fintech company Anovia Payments
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View ArticleOne chart shows the European fintech investment boom: But there may soon be...
LONDON – More than $8 billion has been invested in European fintech companies since 2010, and recent years have seen funding rounds climb into the tens of millions while big corporates have grown...
View ArticleTrump pressures U.S. senators to back Republican healthcare bill
WASHINGTON (Reuters) – U.S. President Donald Trump on Saturday blasted Senator John McCain for dealing a possibly fatal blow to the latest Republican attempt to dismantle Obamacare. According to a new...
View ArticleWatch Jimmy Kimmel Slam Trump For Backing Graham-Cassidy Healthcare Bill
Late night-host ripped Republicans for failing to protect patients with preexisting conditions Host accuses Louisiana Senator of crafting legislation that fails so-called “Jimmy Kimmel test” “People...
View ArticleBernie Sanders has a healthcare plan for the US
Larry Beinhart is a novelist, best known for Wag the Dog. Bernie Sanders has a healthcare plan. It’s a form of single payer healthcare. It’s a confusing term. It means a single collector of funds, the...
View ArticlePresident Trump suggests Facebook ad controversy part of ‘Russia hoax’
In a tweet on Friday morning, President Donald Trump intimated that the Facebook ad controversy was part of the “Russia hoax” dispute that has been a sore spot for his administration. “The Russia hoax...
View ArticleJimmy Kimmel thanks McCain for ‘being a hero’ and coming out against GOP...
After three nights of attacks on the GOP’s healthcare bill, late-night host Jimmy Kimmel celebrated Republican Sen. John McCain’s announcement Friday that he would vote against the bill, known as the...
View ArticleConservatives explain to Kimmel: You’re wrong on healthcare
The Graham-Cassidy bill to repeal and replace Obamacare seems all but dead, and Jimmy Kimmel significantly contributed to kill it. On Tuesday night, the late night host accused Sen. Bill Cassidy (R-LA)...
View ArticleLTCM: The Innovative Financial Technology Company
Long-Term Capital Management L.P. (LTCM) hedge fund management used absolute-return trading strategies that combined sophisticated analytics (tee hee!) with 100 to 1 financial leverage. The firm’s...
View ArticleNandan Nilekani, IFC, Others Fuel $36 Mn In B2B Marketplace Power2SME
Gurugram-based B2B marketplace and SME lending firm Power2SME has raised $36 Mn Series E funding. The round saw the participation of existing investors Inventus Capital Partners, Accel, Kalaari Capital...
View ArticleProsper Announces $50 Million Series G Investment
SAN FRANCISCO–(BUSINESS WIRE)–Prosper, a leading marketplace lending platform for consumer loans, today announced a $50 million investment from an investment fund co-managed by FinEX Asia. The Series G...
View ArticleECB may ask fintech banks to hold bigger buffers
FRANKFURT (Reuters) – High-tech banks looking to enter the fintech zone may be asked to hold bigger liquidity and capital buffers due to the unique nature of their risks, the European Central Bank said...
View ArticleChinese consumers are purchasing new phones less frequently: Survey
Chinese people becoming less inclined to buy new smartphones, a recent report suggests. According to a recent report by Penguin Intelligence, a Tencent backed research organisation in China, only 16...
View ArticleObama tried to give Zuckerberg a wake-up call over fake news on Facebook
Nine days after Facebook chief executive Mark Zuckerberg dismissed as “crazy” the idea that fake news on his company’s social network played a key role in the U.S. election, President Barack Obama...
View ArticleElon Musk thinks artificial intelligence could cause World War III
Renowned for his concerns over artificial intelligence and its potential negative impact on humanity, tech titan Elon Musk has made his most concerning comments yet surrounding AI. It could be the...
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