They include HSBC, Morgan Stanley, Standard Chartered, Royal Bank of Scotland, and Credit Suisse. Barclays and BNP Paribas are expected to add to cuts early in the new year.
The anal... Read More
But while technology looks as if it could be a huge driver of layoffs in the future, right now it's actually a relatively minor factor. A bigger contributor to the 100,000 jobs cut this year in... Read More
"What we spend our time doing is trying to find really original
thinking entrepreneurs who come up with really disruptive ideas."
Read a full interview with Jan Hammer on fintech, the... Read More
Although the headline-grabbing part of this statement was his reference to Uber, it was his deliberate, theatrical stress on the word "imminent" that caught my attention most. It's unfair to ... Read More
THE STORIES OF THE YEAR IN PAYMENTS: Mobile Payments Today has a very useful rundown of the top stories in payments during 2013. Here are some of them:
Click here to sign up for Payment Insig... Read More
Thai Bank Pilots Cross-Border Transaction Using Blockchain
Thailand's Bank of Ayudhya PCL successfully conducted a cross-border transaction with a bank in Singapore using a blockchain, it announced Tuesday.
The bank, also known as Krungsri, announced it co
IBM to Hire Blockchain Researchers for French Expansion
Technology giant IBM is hiring nearly 2,000 people in France - and many of them will be focusing on blockchain technology, chief executive Virginia Rometty said Wednesday.
In an interview with Fren
Bitcoin drops 9%, now back below $8,000
Bitcoin extended a two-week sell off Wednesday, falling below $8,000 to its lowest level since mid April. The digital currency dropped 8.7 percent to a low of $7,512.43 as of 12:30 p.m. ET,
As bitcoin plunges, mega-bull Tom Lee stands by his $25,000 target
Fundstrat's Tom Lee is standing his ground on bitcoin soaring to $25,000. On Wednesday, the cryptocurrency plunged below $8,000 and traded at around $7,500, essentially giving up most of the gains