Insurance
Insurers Begin to Offer Cryptocurrency Theft Cover, Tackling Risks of Growing Sector
Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on this volatile and loosely regulated, but rapidly growing business.
So far only a few insurers sell such...
Asia Pacific
Mistakes To Avoid While Investing In Mutual Funds
The Indian investor has taken enthusiastically to mutual funds. The mutual fund industry has soared from Rs. 16.46 lakh crore in December 2016 to Rs. 21.37 lakh crore in December 2017, investing more than Rs. 6200 crore a month...
News
List of Major Cryptocurrency Thefts Continues to Grow
Tokyo-based cryptocurrency trading exchange Coincheck suspended withdrawals on Friday after losing about 58 billion yen ($534 million) worth of virtual coins known as NEM to hackers.
BITFINEX: The Hong Kong-based cryptocurrency exchange, reported the theft of 119,756 bitcoins worth about...
News
How big data and AI has revolutionized financial trading
Many banking and finance companies have already taken advantage of big data analytics to simplify the process of personalized offers, targeted cross sales and to improve their customer service. The term big data keeps expanding and today incorporates numerous...
Americas
BMO Capital Markets (BMO), the investment and corporate banking arm of BMO Financial Group, has partnered with Trade Informatics (TI), a provider of quantitative...
TI will provide BMO with transaction cost analysis (TCA) tools to help execute algorithmic trades with improved execution quality.
This partnership will allow BMO to measure and evaluate trade decisions with personalised systematic trading technology that is customised to match...
Africa
Cape Town Companies Threatened by Water Shortages After Record Drought
Businesses in Cape Town are growing increasingly concerned about the risk that chronic water shortages pose to their operations in South Africa’s second-biggest city and are taking steps to reduce usage and secure supply, a survey has found.
Almost 80...
Americas
Boost Payment Solutions and Mastercard Form Alliance to Expand Commercial Card Usage and Acceptance in the Caribbean
Boost Payment Solutions, Inc., a global provider of business-to-business payment technologies, has announced a strategic alliance with Mastercard designed to expand Boost's card-based straight-through processing (STP) payment solution in the Caribbean. Leveraging Boost's proprietary technology platform, Boost Intercept, and...
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