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Saturday, January 23, 2021

Financial

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DLT-based solution to help banks digitise financial instruments

ITFA launches dDOC specifications to digitise guarantees and negotiable instruments. Enigio's trace:original is the first technology that complies with dDOC specifications. The framework will reportedly use...

Ripple donates £7.7M to Mercy Corps to boost financial inclusion

Through this donation, Mercy Corps aims to reach 10 million people in the next decade. Mercy Corps intends to use FinTech to disrupt the current...

Goldman Sachs to buy Capital One Financial Corp for £1.94 billion

According to the Wall Street Journal, Goldman Sachs Group Inc. (NYSE: GS) will purchase Capital One Financial Corp (NYSE: COF) for roughly £1.94 billion....

ANA stock price falls over 5% on financial struggles

ANA may issue 200 billion yen in shares to help its finances recover as air travel demand remains weak ANA stock price closed the day...

Hong Kong dollar strength remains ahead of Ant Financial IPO

The USD/HKD pair is at the lower side of the peg as demand for Hong Kong dollar rises. Investors have poured more than $7 billion...

European Commission adopts new crypto regulations to ‘boost’ financial innovation

In an attempt to provide more clarity on regulations to crypto firms, European Commission released a document titled The Digital Finance Package that included...

FinCEN Files find British financial firm’s connection to Mt Gox

Leaked documents as part of the FinCEN investigation showed involvement of traditional financial firms including one Mayzus Financial Services and its connection to the...

stablecoins could impact EU financial sovereignty ‘for decades’

The governor of the Bank of France has warned that Europe cannot afford to lose momentum in tackling the challenges posed by private sector...

US SEC upgrades ‘accredited investors,’ puts financial knowledge first

The United States Securities and Exchange Commission has made changes to its definition of who qualifies as an “accredited investor,” likely broadening the field...
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