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YES BANK invites applications for ‘YES FINTECH accelerator program

Jan 16, 2017 07:39 am UTC| Fintech

Indian private bankYES BANK announced that it has established a fintech focused business accelerator program YES FINTECH, which is a platform for the bank and fintech startups to partner and co-create innovative...

Blockchain Revolution Series

Fintech firm t0 to offer U.S. securities trading during non-U.S. trading hours

Jan 16, 2017 06:50 am UTC| Fintech

t0.com, Inc., a majority-owned subsidiary ofOverstock.com, has announced that it will offer U.S. securities trading after the close of U.S. capital markets. The announcement comes as t0 announced the formation of Blue...

SuperCharger FinTech Accelerator kick starts second cohort with 8 startups

Jan 16, 2017 06:32 am UTC| Fintech

Hong Kongs SuperCharger FinTech Accelerator, a 12-week Accelerator Program for fintech companies, has successfully kick-started its second fintech cohort on 9th January at its newly opened Cyberport FinTech Smart Space....

Northwestern Mutual announces $50M venture fund to engage fintech startups

Jan 13, 2017 07:44 am UTC| Fintech

Northwestern Mutual announced that it has designated $50 million corporate venture fund that will engage with fintech startups in a move to expand its digital offering and capabilities. Focusing on the innovation to...

QIWI joins Central Bank of Russias ‘Fintech Association amid blockchain push

Jan 13, 2017 06:41 am UTC| Fintech

Russian payment service provider firm QIWI Plc announced that it has joined the Fintech Association. The association was founded by the Central Bank of the Russian Federation recently, along with the largest Russian...

Blockchain Revolution Series

SWIFT launches proof of concept to test blockchain for real-time nostro database reconciliation

Jan 13, 2017 04:57 am UTC| Fintech

SWIFT, the global provider of secure financial messaging services, is stepping up its efforts to explore blockchain or distributed ledger technology (DLT). It has announced the launch of Proof of Concept (PoC) to...

CSI Kick Start incubator invites applications from fintech startups

Jan 12, 2017 13:03 pm UTC| Fintech

Fintech startup incubator CSI Kick Start, Inc. announced that it is inviting applications from fintech startups for its second annual application process for startup funding. CSI is founded by leading global payments...

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Economy

U.S. Stock Futures Steady as Iran Reviews U.S. Ceasefire Proposal

U.S. stock index futures held relatively steady on Wednesday evening after Iran signaled it was reviewing a ceasefire proposal put forward by Washington aimed at ending the ongoing Middle East conflict. The cautious market...

Oil Prices Climb as Iran Reviews U.S. Peace Proposal Amid Middle East Tensions

Oil prices edged higher during Asian trading on Thursday as conflicting signals over potential Middle East de-escalation kept energy markets on alert. Brent crude futures for May delivery rose 0.8% to $103.02 per barrel,...

Gold Prices Climb as Middle East Ceasefire Talks Stir Market Optimism

Gold prices edged higher on Wednesday as cautious optimism surrounding potential U.S.-Iran ceasefire negotiations lifted sentiment across global markets. Spot gold climbed 0.7% to $4,504.58 per ounce, while U.S. gold...

Middle East War Rattles Global Markets as Oil Tops $100 and Dollar Surges

Asian equity markets struggled to find clear direction on Thursday as investors navigated a rapidly shifting geopolitical landscape in the Middle East. Iran signaled conditional willingness to consider a U.S.-backed...

Federal Reserve Balance Sheet Reduction: Brookings Research Outlines Possible Path Forward

New research from the Brookings Institution suggests the Federal Reserve could shrink its balance sheet through a combination of regulatory adjustments, payment system reforms, and more active market interventions without...

Politics

Russia-Iran Military Alliance Deepens With Drone Shipments Amid Middle East Tensions

Moscow is moving closer to completing a multi-phase transfer of lethal drones, medicine, and food supplies to Tehran, according to Western intelligence sources cited by the Financial Times. The deliveries are designed to...

Trump Seeks Quick End to U.S.-Iran Conflict Amid Ongoing Middle East Tensions

President Donald Trump has privately told close advisers that he wants to avoid a drawn-out war with Iran and is pushing for a swift resolution to the ongoing conflict, according to a Wall Street Journal report published...

Iran-U.S. Negotiations: Tehran Reviews American Peace Proposal Amid Ongoing Gulf Conflict

Irans foreign minister confirmed Wednesday that Tehran is examining a United States peace proposal aimed at ending the escalating Gulf war, though officials stressed this falls short of direct negotiations between the two...

FEMA Reinstates $1 Billion Disaster Prevention Grant Program After Court Order

The Federal Emergency Management Agency has announced the resumption of a key disaster prevention initiative after facing legal challenges that forced the reversal of its earlier cancellation. The agency is once again...

Taiwan Arms Deal on Track Despite U.S.-China Summit Uncertainty

Taiwans Defense Minister Wellington Koo confirmed Thursday that the next major U.S. arms sale to the island remains on schedule, revealing that Taipei has already received a formal letter of guarantee from Washington...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...
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