FinTech

Bill Gates is known as the co-founder of Microsoft and one of the richest people in the world. But he doesn’t have a reputation of the genius/billionaire who reads a lot of fiction (though he admits that loves reading). The book that has greatly impressed him is called “The Rosie Project” by Graeme Simsion, and Bill absolutely loves it. He says that it has it all – it makes readers laugh, cry, think, and the main character is so vivid that, in Gates’s thoughts, anyone can relate to. He...

Last month, telecommunications giant AT&T announced that it will make its 5G service accessible to millions of customers before 2019 runs out. The company initially said that five areas will get the coverage when it eventually goes live. AT&T has however changed its mind and increased the number of areas from 5 to 10.Starting today, the next-generation network will be available to everyone in Birmingham, Indianapolis, Los Angeles, Milwaukee, Pittsburgh, Providence, Rochester, San...

Microsoft has officially revealed a few details about the new next-generation Xbox model, the Xbox Series X. During the recent Game Awards, the company officially announced the name and the design for the console, with some information but not as much as gamers and analysts would have preferred.From pictures, gamers should expect the Xbox Series X design to look next to nothing like previous Xbox consoles. Regardless, Phil Spencer, the current executive vice-president of Gaming at Microsoft...

European Central Bank’s head (and former International Monetary Fund’s head) Christine Lagarde said that the stablecoins market is gaining momentum and the officials need to keep up with changes:“My personal conviction is that giving the developments we are seeing, not so much in the bitcoin segment, but in the stablecoins projects. And we only know of one at the moment but there are others, being explored and underway at the moment. We’d better be ahead of the curve if that happens. Because...

The trade war between the U.S. and China has been ongoing for many months and has somehow wiggled its way into pretty much any conversation that involves the U.S. or China. Some other countries are sometimes dragged into the mix because some of the effects of the tensions have been felt by these countries even though they aren’t directly involved. However, there might be some respite soon and with it, the chance that a few stocks might be worth good money if things go right.CNBC’s Jim Cramer...

The Dow Jones started jumping on Friday after the United States President Donald Trump signed off on the phase one trade deal with China presented to him by trade negotiators during a Thursday meeting at the White House.The agreement includes the delay of extra tariffs that would have been imposed on December 15 and reducing tariffs on $360 billion worth of Chinese imports by half. However, even though it is said that one of the main terms is for China to pledge to purchase large amounts of...

Nowadays we hear a lot about startups trying to capitalize on the fintech opportunity. One did such a thing now in Mexico by closing on a new sum of funding. What began as a $7.4 million Series A last January now has now grown to $26.4 million in a recent extension of Mexican challenger bank Albo.Led by the U.S.-based Valar Ventures this event can be marked as one of the largest early rounds for a Mexican startup. It seems Albo got its investment from Paypal co-founder Peter Thiel, in the...

Saudi oil giant Aramco has achieved the target valuation goal of $2 trillion in the second day of trading. Sources indicate that shares reached Crown Prince Mohammed Bin Salman’s target briefly humped by 10% to 38.7 riyals but it returned to previous levels of 37 riyals as the market opened. Pundits had long since been skeptical about the feasibility of the Saudi Aramco IPO before now. Sources further indicate that about 1.5% of the total value of the state-owned oil giant was listed earlier...

Jordan Belfort ist kein grosser Fan von Bitcoin. Er verdient sein Geld mittlerweile mit dem Verkauf seiner Geschichte und als Redner. Es ist Herbst und somit die grosse Zeit der Kunstmessen. Und es sind nicht nur Bananen, die für aufregung sorgen. Eines der berühmtesten Fotos der Börsen-Hypes und Filmgeschichte wurde auf der Art Miami für sage und schreibe 200’000 US-Dollar...

BestChange.com, an e-money exchange service, is constantly working on facilitating the process for exchange virtual digital currencies online. One of the most popular features for traders that the platform offers is an opportunity to buy BTC tokens against Visa/Mastercard EUR.On its website, BestChange has mentioned a list of exchanges offering these services to customers. One of the key features of the platform is the fast monitoring of real-time prices for electronic currencies. Moreover,...