News > FinTech

Financial Firms Unprepared for Cyber Security Risks Leaves Room for Fintech Expansion
FinTech
Most Financial Firms Are Underprepared For Cyber Security Risks and Fintech could be a big winner The fragility of the world’s Internet ecosystem was exposed earlier this week when an outage at Amazon Web Services rippled across the World Wide Web, disrupting everything from question-and-answer site Quora, to bill splitting app Splitwise and the outage even reportedly disrupted IoT connected
What I’ve Learned in the First 12 Months After Moving My Startup to Asia
FinTech
It was a year ago that I moved my company, Bluzelle, to Singapore. We were just two people at the time, and today we’re six. But even though we’re still a small startup, it’s been an exciting 12 months, and we’ve made some surprising strides while adjusting to our new environment. Here’s what I’ve learned from the experience so far.
SCOTUS Discusses Facebook, Twitter as Constitutional Rights
FinTech
The U.S. Supreme Court debated Monday whether access to social media is guaranteed under the First Amendment. The points contributed to the case of a North Carolina law barring registered sex offenders from such sites. Throughout the session, the justices considered the merits and importance of involvement on platforms such as Facebook Inc (NASDAQ: FB) and Twitter Inc (NYSE: TWTR).
Apollo Global Management Backs $2.8 Billion Fintech Merger
Apollo Global Management portfolio company Novitex has agreed to merge with SourceHOV and Quinpario Acquisition II (NASDAQ: QPAC), a special-purpose acquisition vehicle, to create a new company called Exela Technologies, which will provide fintech and other business services to customers in more than 55 countries. Expected to close in 2Q, the deal is valued at approximately $2.8 billion, representing a
Startup Not Scaling? Maybe it's Your Technology
FinTech
Let’s say—benefit of the doubt and all—that the tools and systems you put in place when you launched your startup were the best choices you could have made at the time. That day, though, was probably a while ago. For many founders, that means years or even a decade or two ago. Startups don't stay startups forever. New organizations become
Why Former Tech Execs Are Leaving Google and Twitter to Start Health Care Companies
FinTech
When Stephanie Tilenius, a former senior executive at eBay and Google, decided to start a health-coaching app, many in her network were incredulous. "Everyone thought I was crazy," she recalls. "Some people loved that I wanted to do something to help others, but a lot socially ostracized me." For many entrepreneurs, the health sector offers an enticing opportunity—with strings attached.
Robo-Advice Firm 8 Securities Reveals Second Japanese Service
The firm behind Japan's first robo-adviser for retail customers has launched a product available entirely on smartphones and tablets. In 2015, 8 Securities launched its “8 Now!” service, which it describes as Japan's first robo-adviser. Its new service, Chloe, will allow users to complete the investment process solely on its mobile app. Customers will get exposure to a tailored portfolio
OpenFin: The Battle to Liberate the Trader's Desktop Gets a $15 Million Boost From JPMorgan, DRW, Bain
FinTech
There is a change occurring on Wall Street, a collective re-adjustment of deck chairs among elite club members. Highly bespoke SWAPs contracts, many of which were not even digitally cataloged, are now proudly trading out of the closet and on cleared exchanges. Obviously there are risk management contracts so specialized that the idiosyncratic nature of their risk guarantees cannot be
NexChange's Andrew Economos to Speak at the Financial Innovations Asia Summit
FinTech
NexChange announces that its Chief Strategist, Andrew Economos, will be speaking at the Financial Innovations Asia Summit on 15-16 March 2017 at the Hyatt Regency in Hong Kong. Economos will speak on a panel called A “Disruptive” Panel Discussion: How the Application of Blockchain Decentralizes Capital Markets. This must-see panel will explore: How has FinTech disrupted the tradition capital markets
Meet OpenInvest, the Robo-Advisor That Helps Millennials Not Beat the Market
FinTech
Generating alpha is absurdly hard, which is one reason why index funds have been so appealing lately. You buy, say, the Vanguard 500 Index Admiral fund and boom! Not only do you beat most of your stock-picker friends’ returns, you do so with the absolute least amount of effort as well. As convenient as that sounds however, the idea of