The EU wasted €60M on a pointless fintech fad — but the Belgians won’t let it die – POLITICO
That is, at least, until Belgium’s digitalization minister, Mathieu Michel, decided to use the country’s EU presidency, which expires in...
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Bitcoin tumbles $5,000 in 24 hours as interest rates jump
A bitcoin is on a screen showing the bitcoin-U.S. dollar exchange rate.Fernando Gutierrez-Juarez | picture alliance | Getty ImagesBitcoin fell for...
FTX founder Sam Bankman-Fried sentenced to 25 years in prison
NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud...
US prosecutors try to send warning to cryptocurrency world with KuCoin prosecution
A top U.S. prosecutor has announced criminal charges against a once ascending company in the cryptocurrency world and two of...
BlackRock topples Schroders as UK’s top fund brand
BlackRock has knocked Schroders off the top of an influential ranking of UK fund brands, with the US behemoth also edging...
Biden administration to invest $8.5 billion in Intel’s computer chip plants in four states
The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11...
Open Banking In The Global South
Open Banking is under continuous discussion and implementation in OECD and European markets. This post provides a brief operator view...
Iress sells UK mortgage business for £85mn
Iress has agreed to sell its UK mortgage business to Bain Capital for £85mn ($A164.3mn). Iress’ mortgages business provides mortgage sales and origination software (MSO) and associated consulting services to banks and building societies in the UK.Iress bought the mortgages business more than 10 years ago, during which time the company said it had "become a leading provider of mortgage origination software in the UK".This sale is expected to complete in mid-2024 and is subject to approval.The proceeds from the transaction are set to repay debt, which stood at $320mn net in December of...
The EU AI Act – What Are The Implications For Banking and Fintech?
Yesterday’s European Parliament's final vote on the AI Act, set to take effect this May, heralds the world's most comprehensive...
London Stock Exchange to list bitcoin ETNs after FCA approval
Major investors have been given a boost for their digital asset arms as the UK markets watchdog says it will...
