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Fintech startup Yielders becomes first to receive Sharia Compliance Certification in UK

Mar 01, 2017 10:56 am UTC| Fintech

UK-based fintech startup Yielders announced that it has successfully completed independent Sharia Certification that was conducted by UKIFC and overseen by prominent scholars in the fintech sector. Yielders is compliant...

India-based Bank of Baroda launches fellowship program for fintech startups

Mar 01, 2017 07:20 am UTC| Fintech

Bank of Baroda, an Indian state-owned International banking and financial services company, has announced the launch of a fellowship program in a move to support fintech startups, Banking Technology, reported. The...

Blockchain Revolution Series

Tech titans, banks and startups officially launch Enterprise Ethereum Alliance

Mar 01, 2017 05:57 am UTC| Digital Currency Fintech

The collaborative effort that aims to augment Ethereum and enable it to serve as an enterprise-grade technology, the Enterprise Ethereum Alliance, has been officially launched. The launch event was held at J.P. Morgans...

Blockchain Revolution Series

Digital Currency Revolution

Canadian Securities Administrators’ regulatory sandbox initiative open to digital currency and blockchain ventures

Feb 28, 2017 08:34 am UTC| Digital Currency Fintech

The Canadian Securities Administrators (CSA) last week announced the launch of a regulatory sandbox, an initiative that supports businesses seeking to offer innovative products, services and applications. The objective...

FTC’s Fintech Forum to focus on AI and blockchain

Feb 28, 2017 06:43 am UTC| Fintech

The Federal Trade Commission (FTC), an independent agency of the United States government, announced that it will be hosting Fintech Forum on March 9, 2017, in California that will focus on the consumer implications of two...

Digital Currency Revolution

Insurtech startup Digital Fineprint gets selected for MetLife's collab programme

Feb 27, 2017 10:12 am UTC| Fintech

Digital Fineprint, a London-based InsurTech startup, has been selected as one of the eight InsurTech companies in the world to take part in MetLifes collab Partnership. The announcement comes on the heels of the...

Fintech Business Awards announces 2017 winners

Feb 27, 2017 07:30 am UTC| Fintech

The Fintech Business Awards that recognizes outstanding innovation and entrepreneurship in the Australian fintech sector, has announced the winners of 2017 that includes leading individuals and companies in fintech...

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Economy

European Stocks Slip as Iran Tensions Offset Strong Eurozone Data

European stocks reversed early gains on Wednesday as renewed tensions involving Iran weighed on investor sentiment, overshadowing stronger-than-expected Eurozone economic data and temporary relief in crude oil prices. The...

Dollar Hits Two-Month High as Fed Rate Hike Bets Rise

The U.S. dollar climbed to a two-month high on Wednesday as traders increased bets that the Federal Reserve will continue raising interest rates to curb persistent inflation. The Dollar Spot Index gained 0.2%, extending...

US Stock Futures Rise as Meta Muse Fuels AI Rally

U.S. stock futures edged higher Wednesday as investors focused on renewed artificial intelligence enthusiasm, upcoming U.S. economic data and a key meeting between U.S. and Chinese leaders. Dow Jones futures rose 41...

Diesel Dilemma: U.S. Considers Export Ban Amidst Record Prices

Rising domestic costs to unprecedented levels, President Trump has said support for a short ban on U.S. diesel exportsa complicated issue for the administration. Driven by the Middle East war, supply interruptions, and...

Asian Stocks Mixed Ahead of Trump-Xi Meeting

Asian stock markets traded mixed on Wednesday as investors remained cautious ahead of a closely watched meeting between U.S. President Donald Trump and Chinese President Xi Jinping. U.S. stock futures were also largely...

Politics

Venezuela Promises Elections as Delcy Rodriguez Pledges Democratic Transition

Venezuela will hold elections as part of a transition toward what interim President Delcy Rodriguez described as full democracy, although she did not provide a specific date for the vote. Speaking at the United Nations...

Trump Board of Peace Unveils $2.45 Billion Gaza Recovery Plan

U.S. President Donald Trumps Board of Peace is set to unveil a six-month, $2.45 billion Gaza recovery plan on Wednesday, outlining dozens of projects aimed at rebuilding critical infrastructure and restoring basic services...

Kremlin Says No Grounds Yet for Ukraine Peace Talks

The Kremlin said Wednesday that conditions are not yet in place to restart Ukraine peace talks, even as Russia remains open to negotiations ahead of a planned meeting between Russian Foreign Minister Sergey Lavrov and U.S....

Lula and Flavio Bolsonaro Tied in Brazil Runoff Poll

Brazilian President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro remain locked in a statistical tie in a potential presidential runoff, according to an AtlasIntel/Bloomberg poll released Wednesday, highlighting...

Iran Vows ‘Crushing’ Response as US Talks Continue

Irans military has warned it is prepared to launch crushing retaliatory attacks if the United States or Israel carries out further strikes, responding to President Donald Trumps threat to annihilate the Islamic Republic....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Microsoft Stock Upgraded as Stifel Sees Stronger Azure Growth

Stifel upgraded Microsoft (NASDAQ: MSFT) to Buy from Hold and lifted its price target to $575 from $530, citing stronger confidence in the technology giants ability to maintain mid-to-upper-teens revenue growth. Analysts...

Scott Bessent Eyed as Trump’s New AI Czar

U.S. Treasury Secretary Scott Bessent is under consideration to become President Donald Trumps new artificial intelligence czar as Washington intensifies its focus on AI development, safety and national security. A source...

China Reviews Broadcom Switch Use in State Data Centres

China is reviewing the use of Broadcom switches in state-backed data centres as Beijing intensifies efforts to reduce dependence on foreign technology and promote domestic semiconductor and networking equipment suppliers,...

US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights

US airport operations across the Northeast began returning to normal on Monday after crews repaired telecommunications problems that had disrupted air traffic and contributed to thousands of flight delays and cancellations...

Burnham Eyes UK Leadership Role in AI Ahead of Trump Meeting

British Prime Minister Andy Burnham will push for the UK to take a global leadership role in artificial intelligence on Tuesday as he makes his first major appearance on the international diplomatic stage at the United...