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How Is AI Shaping Our Online Experience?
AI
Every day, AI is changing the way that we experience the world around us. When we navigate to a website from a search engine, order a pizza online, buy a new sofa, or search for flight prices, Artificial Intelligence (AI) is shaping how we behave online. AI is changing the way that we live online, and consequently, how we experience
CB Insights Looks At How US Banks Bet On A Fintech Future
FinTech
U.S. banks aim to leverage fintech in the payments, financial markets, data and blockchain spaces. “In 2019 YTD, U.S. banks have participated in 24 equity deals to fintech companies. This follows a record 2018, where U.S. banks backed 45 equity deals to fintech startups -- a 180% increase from 2017,” according to a CB Insights report released on Aug. 20.
Celebrity-Backed Insurance Startup Raises $60 Million
AI, Insurtech
Ethos, a Silicon Valley insurance startup backed by Robert Downey Jr., Will Smith, and Jay-Z, recently closed a $60 million round of funding, CNBC reports. The Series C Round was led by Alphabet’s venture unit, GV, and was participated in by Goldman Sachs. Existing investors Sequoia Capital and Accel also joined the round. Ethos offers term insurance but dispenses with
Japan’s SBI Holdings to Reward Shareholders With XRP
Japanese financial giant SBI Holdings has announced that it will be rewarding shareholders with Ripple’s XRP, the world’s third-largest cryptocurrency by market cap. According to The Block, the reward is part of an interim shareholder benefits program which is open to shareholders with 100 or more shares in the company. Eligible shareholders will receive 30 XRP coins, currently valued at
Study: Fintech Sector Growing In Singapore
FinTech
Employment in Singapore's fintech sector is strong, according to the Fintech Talent Survey 2019, launched by the Singapore FinTech Association and PwC Singapore. “As a leading regional financial centre and home to 40% of fintech firms in ASEAN, job prospects in fintech remain strong in the coming years with demand coming from both local firms and international firms that use
How To Secure Your Blockchain Technology
Blockchain
Blockchain continues to hold its place as one of the breakthrough technologies in the recent past.  You get to enjoy better data security, cost-saving, and faster transactions.  However, blockchain comes with its own level of risk. jaydeep_ / Pixabay Some of the most significant risks facing blockchain are fraud and cyber-attacks.  Companies have lost substantial amounts of money due to
The End of Shareholder Primacy?
The recent decision by America's Business Roundtable to abandon its support for shareholder primacy was a long time coming, and reflects a broader shift toward socially conscious investment. Now that the multi-stakeholder model is receiving the attention it deserves, it will be incumbent on governments to create space for it to succeed. MILAN – This month, the Business Roundtable, a
Global Fetters: Insights From Jackson Hole
The institutional “golden fetters” of the interwar period have been replaced by fundamental “global fetters” that severely constrain monetary policy. While Federal Reserve Chair Jay Powell’s speech at the Jackson Hole Economic Policy Symposium last week didn’t break any new ground other than confirming market pricing for further near-term rate cuts, several academic papers presented at the symposium and Bank
The Rational Investor On How To Value Assets Like Crypto Currency
ValueWalk’s interview with Brian Beamish aka The Rational Investor. In this interview, Brian discusses his and his firm’s background, helping students build out their small business of trading, mass adoption of blockchain and the hype around the ‘get rich quick’ aspect of crypto currencies, the fundamental value of an asset like a crypto currency, what makes bitcoin more unique than
Santander Group Expands Use Of Ripple Payments Technology
FinTech
Banco Santander SA SAN is building a payments network that will allow Latin American customers to freely transfer money to the U.S. via a mobile app that uses Ripple technology, according to CoinDesk. Read more at Benzinga. Photo: Public Domain