News > FinTech

Here's How You Could Be a Pawn in the Cryptocurrency Game
FinTech
Maybe you’re a skeptic, or maybe you want in but don’t know how. But while you fail to benefit from the bitcoin boom, you may be an unwitting instrument in another’s cryptocurrency work. Cryptocurrency miners have been hijacking consumer central processing units to steal computational power for the data-heavy process, ultimately accelerating device wear, slowing performance and draining battery life. Here are three portals through which
'Digital Industrial' Firms Talk Pros and Cons of Automation, AI at Detroit Summit
FinTech
With the emergence of 3-D holographic engine models and windshield-projected driving directions, industry as we know it is being upended. Technology is enabling technology that produces technology, yielding a new paradigm. “We are moving from a place to a pace,” Howard Heppelmann, divisional vice president and general manager of connected operations solutions at PTC Inc (NASDAQ: PTC), said at Automation Alley’s Global Industry 4.0
Hong Kong Fintech Week: Days 1 & 2
FinTech
The second annual Hong Kong Fintech Week may have drawn to a close but for those who weren’t able to make it, here are some of the key insights. Organized by InvestHK, Fintech Week Hong Kong 2017 gathered thousands of entrepreneurs, regulators, incubators, venture capitalists, and service providers to the former colony and among other things, further cemented Hong Kong’s
The 8 Most Undervalued Tech Stocks That Protect Your Data
FinTech
Data Breaches On The Rise Data breaches have unfortunately become a fact of digital life and it appears they're only getting bigger. In early September, Equifax Inc. (NYSE: EFX) revealed that hackers had gained access to the personal information of 143 million U.S. consumers after exploiting a vulnerability on its website. That means that personal data had been stolen on nearly half of the entire U.S.
The Robot Fear Index: Alexa, Siri Lure US into AI Future
FinTech
Beware the sirens. Apple Inc. (NASDAQ: AAPL)’s Siri and Amazon.com, Inc. (NASDAQ: AMZN)’s Alexa are quieting concerns over robot integration and winning consumers’ welcome. A proliferation of digital assistants corresponded with a marginal increase in American comfort with robots, according to a Loup Ventures survey. “We continue to see digital assistants as an on-ramp to AI and robotics for many consumers,” Andrew Murphy, managing partner at Loup Ventures, said in
Fintech Startup HCash Wraps up Australia's Largest ICO
FinTech
Australian fintech startup HCash has claimed the title of Australia’s largest ICO, according to Deal Street Asia. The offering, which was launched back in June 28, reportedly raised 21,000 bitcoin for the blockchain startup, equivalent to roughly AUD53 million or $40 million. Chinese investors were apparently huge fans of the token sale, and investors in the ICO have purportedly made
Bitcoin's Latest Surge Leads to Questions About its Value
FinTech
Bitcoin soared to record highs last week on news that Chicago-based CME Capital would be launching a futures contract based on the crypt0currency by the end of the year. However, after surging to $6,600 on Wednesday and then an all-time high of $7,454.04 on Friday, the only Wall Street strategist with an official price forecast for bitcoin has now become "cautious"
3 Fintech Startup Ideas For 2018
FinTech
The fintech space has exploded recently, and it seems as though financial empowerment is back in the hands of the consumer with the help of creative startups. You can see them popping up pretty much every day, typically with a fancy React Web App and a new take on an old problem. Most fizzle out… Which Ones Tend To Succeed? The
SEC Issues Warning About Celebrity Endorsed ICOs
FinTech
The U.S. Securities and Exchange Commission issued a warning on Wednesday about coin offerings that are being promoted by celebrities on social media networks, encouraging "investors to be wary of investment opportunities that sound too good to be true." The booming ICO market has attracted several high-profile celebrities, with coin offerings being promoted by the likes of Paris Hilton, Floyd
Bitcoin Soars to Record High After Planned Futures Contract is Announced
FinTech
Bitcoin soared to a record high of $6,600 on Wednesday following the announcement by CME Capital that it would be launching a futures contract based on the crypt0currency, as CNBC reports. The Chicago-based CME Capital announced on Tuesday that it would be launching a bitcoin futures by the end of the year, based on the  CME CF Bitcoin Reference Rate (BRR). Terry