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Bitcoin faces pesky situations as it nears the $20,000 phase

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Monday greeted the cryptocurrency industry in a bit of a predicament as shareholders worry over the possibility of the infectious-like behavior rooted in major...

AGCO ransomware attack disrupts tractor sales

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U.S. agricultural equipment maker AGCO Corp said that a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales...

HSBC buys virtual plot of land in digital push

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HSBC is buying a plot of virtual real estate in an online gaming space called The Sandbox for an undisclosed sum. This is the bank's...

As Russia wages war on Ukraine, donations in crypto coming Ukraine’s...

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As war rages on with Russia invading Ukraine on multiple fronts. Cryptocurrencies have been the choice of fundraising for global donors. $19 million has...

BoE says that new rules needed to cover risks from cloud...

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New rules will be needed to deal with operational risks from banks relying on outsourced ‘cloud’ computing from Amazon, Google, Microsoft etc., The Bank...

Why do financial services need conversational AI?

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The Financial Services industry is squeezed by mounting financial pressure due to an increase in risk tied to financial volatility. A higher volume of...

iOS 15, the impact on fintechs

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On the 20th September Apple began rolling out it’s latest device software update iOS 15. In June Apple revealed that iOS 15 would contain...

Robinhood to begin testing crypto wallet

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Robinhood Markets Inc said that they are planning to begin testing the cryptocurrency wallets next month. This is with a broader rollout in early...

New direction data protection reform

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The UK government launched its consultation on reforms to the UK’s data protection laws. The consultation paper, titled ‘Data: a new direction’, runs to 146...

Boom for banks as FX corporate needs are boosted

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A boom in corporate dealmaking, surging input costs and a focus on short-term cash flows in the pandemic. This have sent companies rushing to...