Search Results for: Western Union
Lithuania is looking to attract FinTech companies
December 5th, 2016
Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a ...
U.S. dollar edges higher as traders await clarity on Fed rate hike path
September 29th, 2016
Dollar rises slightly vs euro, yen Traders await more U.S. data for clues on Fed rate hike path Reduced European banking concerns cap euro losses The dollar edged higher against the yen and euro on Wednesday, but gains were ...
Aussie gains as RBA keeps quiet on currency strength
September 6th, 2016
Australia’s dollar was the biggest gainer among major currencies as U.S. and European traders returned from summer holidays on Tuesday, jumping almost 1 percent after the country’s central bank said little on its 10 percent rise since January. The ...
Watch out for the Facebook Forex scam
September 1st, 2016
Facebook users have been warned to look out for scammers posing as foreign exchange traders promising lucrative returns. These ‘brokers’ are taking advantage of the rising popularity of currency exchange online trading schemes to lure victims in with fake success ...
Fintech CurrencyFair poaches ex-AO World chairman to supercharge growth
August 25th, 2016
Peer-to-peer online money exchange platform CurrencyFair has poached Richard Rose, the former chairman of AO World, to be its new chairman, hoping Rose can help CurrencyFair grow to a similar size as the listed white goods retailer. Veteran businessman ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
Bitcoin: A 21st Century Currency Explained By a Wall Street Veteran
February 8th, 2016
Jason Leibowitz is a former Wall Street professional who pivoted careers in 2014 to focus full-time on digital currency. In this paper, Leibowitz answers questions about how bitcoin was created, how it works and why it matters. It has been ...
Why Bitcoin Isn’t Dead
January 28th, 2016
Milo Yiannopoulos, the technology editor for Breitbart.com, a global news site for independent and conservative-leaning thinkers, admits he first believed the recent media coverage that bitcoin was dead due to Mike Hearn’s declaration that such was the case. But ...
Banks battle to maintain dominance of UK’s Business Foreign Exchange market
January 18th, 2016
As businesses across the UK seek to minimise the risks of currency fluctuations, the business foreign exchange market shows strong growth as well as fierce competition, according to new research from market analysts East & Partners. The firm’s UK ...
Goldman, JPMorgan Seen as Fintech Winners While AmEx Suffers
December 29th, 2015
Autonomous Research survey finds most unafraid of disruption American Express, Western Union seen as biggest losers Goldman Sachs Group Inc. and JPMorgan Chase & Co. will probably benefit most from the coming wave of financial technology disruption, rather ...
