Home Tags Fintech

Tag: Fintech

Eoh Kyung-hoon, leader of a club studying cryptocurrencies, checks a chart after a meeting at a university in Seoul, South Korea, December 20, 2017.

The US has reportedly opened a criminal probe into market manipulation of bitcoin and other cryptocurrencies

The US Justice Department and the Commodity Futures Trading Commission are investigating spoofing and wash trading in cryptocurrency markets, according to Bloomberg.
Adyen CEO Pieter van der Does

A Dutch payment giant backed by Mark Zuckerberg and used by Uber is going public

Adyen processed €108 billion-worth of payments last year and had revenues of €218 million. The company could be valued at up to €9 billion in the IPO in Amsterdam.
Marc O'Brien.

The former CEO of Visa UK is joining a startup that wants to help people spend cryptocurrency

Marc O'Brien, who led Visa UK & Ireland from 2008 and 2014, has joined Crypterium as CEO. The startup plans to make debit cards that will let you spend cryptocurrency such as bitcoin and ether in everyday situations.
Former Square General Counsel Hillary Smith, left, and CEO Jack Dorsey

Square paid $8 million for a super star tech lawyer, then she stepped down after 16 months on the job

BI Prime: Hillary Smith is replaced by Sivan Whiteley, a five-year veteran of Square who help lead legal on its bitcoin launch. Smith will stay on at the $22.5 billion payments company through September.

Square sinks after Paypal acquires iZettle to better compete in payments

Square tumbles after Paypal announced it will acquire iZettle, a European competitor of Square. Fintech startup iZettle will further Paypal's plans for an international omni-channel payments solution and increase competition in the point-of-sale market.

Paypal is gaining ground after announcing its $2.2 billion acquisition of a European competitor of Square

Paypal shares rise in pre-market trading after it announced the $2.2 billion acquisition of Square competitor iZettle. The European fintech startup which makes credit card readers for phones and tablets would further Paypal's international omni-channel plans.
Oliver Harris, JPMorgan

JPMorgan has asked a 29-year-old highflier to draw up a cryptocurrency strategy

Oliver Harris, 29, is taking on a new role as head of crypto-assets strategy at the bank. Harris will also lead JPMorgan's Quorum project, the internal blockchain platform developed by the bank that has been rumoured to be preparing for a spinoff.

Cryptocurrencies are getting slammed after a raid at South Korea’s largest exchange

South Korean news editor Yonhap said prosecutors raided the country's biggest cryptocurrency exchange, Upbit, on Thursday and Friday on suspicion of fraud.
Martin Walker giving evidence to the Treasury Select Committee.

Blockchain is a ‘pixie dust’ fad, and its benefits in finance are ‘little to nothing’

Martin Walker from the Center for Evidence-Based Management gave evidence to the UK Parliament's Treasury Committee on Tuesday. He dismissed the potential for blockchain in finance, saying it is just another fad.
Revolut CEO and founder Nikolay Storonsky.

London banking startup Revolut is now worth $1.7 billion — just 33 months after launching

Revolut began as a no fees FX card linked to an app but has expanded into everything from travel insurance, property investment, and cryptocurrency.