Banking

How FinTech Application Development Transforms the Finance Industry thumbnail

How FinTech Application Development Transforms the Finance Industry

FinTech or Financial technology has become a popular industry for helping to innovate financial transaction services and online security. It is a broad term that works around the business transformation to innovate the traditional financial services that are inefficient, antiquated, and expensive. Innovation has made the process transparent and straightforward. We must understand how FinTech…

Grab and Singtel will bid for a digital-banking licence in Singapore thumbnail

Grab and Singtel will bid for a digital-banking licence in Singapore

IN 2014 SINGTEL, a Singaporean telecoms group, teamed up with Standard Chartered, an Asia-focused bank, to create Dash, a mobile-money unit it claimed would “revolutionise mobile commerce and banking”. But red tape meant it went nowhere fast. It refocused on mobile payments, but still struggled. Insiders liked to quip, says one, that “the only place…

Impeachment, Britain, Heisman Trophy: Your Weekend Briefing thumbnail

Impeachment, Britain, Heisman Trophy: Your Weekend Briefing

Here’s what you need to know about the week’s top stories.(Want to get this briefing by email? Here’s the sign-up.) Here are the week’s top stories, and a look ahead.ImageCredit…Samuel Corum for The New York Times1. The House of Representatives is set to take a historic vote this week as it considers articles of impeachment…

Paul Volcker, Former Federal Reserve Chairman, Dies At 92 thumbnail

Paul Volcker, Former Federal Reserve Chairman, Dies At 92

Paul Volcker, the former Federal Reserve chairman who in the early 1980s raised interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, died, according to his office. He was 92. Volcker took charge of the Fed in August 1979, when the U.S. economy was slipping into the grip…

Startups face the same phishing risks as big corporations thumbnail

Startups face the same phishing risks as big corporations

This week, we reported on TechCrunch how thousands of remote employees with health and workplace benefits through human resources giant TriNet received emails that looked like a near-perfect phishing attempt. One recipient was so skeptical, they shared the email with TechCrunch so we could verify its authenticity. The message checked every suspicious box. In fact,…