Category: digital currencies

In 2006, the social media platform Twitter was created by Jack Dorsey, Biz Stone, Evan Williams and Noah Grass. Sixteen years later, the CEO of Tesla, Elon Musk has agreed to purchase the platform for $54.20 a share ($44billion in total) as the world’s richest man went from disclosing his initial stake in the company…

This is a sponsored post by PwC, Gold sponsors of FinovateSpring 2022. Written by Vicki Huff, Global New Ventures & Innovation, TMT Vice Chair, PwC United States; Matthew Blumenfeld, Digital Assets Strategy Leader, PwC United States; and John Garvey, Global Financial Services Leader Principal, PwC United States. If the boom and accompanying volatility in cryptocurrencies and NFTs…

The Seychelles-based cryptocurrency platform OKX has entered into a major multi-year partnership with McLaren Racing, and will become the official primary partner of the McLaren Formula One team and McLaren Shadow esports team from this year. OKX will be the largest partner to McLaren Racing, the home to one of the most successful Formula One…

Automation, data management and compliance strategies were a focus of discussion last week at the Auto Finance Innovation and Auto Finance Risk Summits in San Diego. Chase Auto, Wells Fargo Auto and Mazda Financial Services plan to expand their automation efforts through new upgrades and investments. Chase, for one, is creating a digital journey that…

Here is our pick of the 3 most important Stablecoin news stories during the week. What happens if Stablecoins win! Privately issued stablecoins have now proven their ability to extend access to the dollar in  brand-new markets or previously partly dollarized economies such as Argentina or Venezuela.  So, far from weakening the US Dollar’s position as…

In iwoca’s latest SME Expert Index, 30 per cent of brokers believed the small business lending market had already returned to pre-pandemic levels of activity. Nearly another third (31 per cent) believe the market will return within six months, based on the number of loan requests they had each month before the pandemic. Only 10…

As digital tools and automation replace manual processes and approvals, and accounts payable (AP) departments go remote, the time to process an invoice has significantly dropped. Compared to 2020, non-purchase order (non-PO) invoice cycles reduced by seven per cent from 7.2 days to 6.6. Non-PO invoices typically cover miscellaneous expenses, like travel costs, society dues…

Every Wednesday, we delve into the latest fintech updates from across the UK. This week sees Airwallex partner with Visa to create its first mass marketing campaign; while Telegram allows its first cryptocurrency to be sent directly through its app.  Airwallex launch first ‘above the line’ campaign in London Airwallex, the global payments platform, has…

Non-fungible token (NFT) scams are becoming increasingly common in line with increased ownership and the sophistication of technology, making it easier for scammers to target investors. These are ever-changing and people are pretty smart with the sorts of scams they come up with.  In this piece, which was originally published through the NFT Club, Luci…