Generative Data Intelligence

Tag: Banks

Controversial Rapper Punishes Elon Musk For Pumping DogeCoin In NFT Art

WARNING: The image you’re about to see is not for the faint of heart. It might offend your sensibilities and it should come with a “Parental Advisory” sticker on top. Dogecoin holders or fans of Elon Musk might be particularly offended. The controversial rapper and singer Azealia Banks posted it on her Instagram page. Apparently, […]

ICO Scammer Pleads Guilty to Covid-Relief Scandal worth $7M

An ICO fraudster has pleaded guilty to a scandal in which he defrauded financial institutions over $7 million in Covid relief funds. The fraudster used [...]

Bain Capital said to join Toshiba’s buyout suitors after company dismisses CVC’s $20bn bid

Bain Capital is reportedly the latest private equity giant to be circling Toshiba after CVC‘s $20bn bid was rejected by the firm.CVC is...

CME Group Announces Integration of FX Link with RTN and MarkitSERV

The Group is planning to increase access to cleared FX swap liquidity.

Expert explains why Britain needs a digital pound

One of the contributors to the Bank of England's preliminary CBDC research tells us why a digital pound is neccessary in the United Kingdom.

Wolters Kluwer GRC appoints Raja Sengupta as EVP and General Manager of ELM Solutions

Wolters Kluwer Governance, Risk & Compliance (GRC) has appointed Raja Sengupta as Executive Vice President and General Manager of its award-winning ELM Solutions business, effective May...

Facebook’s Diem Looking to Launch Stablecoin Pilot Later in 2021

Facebook-backed Diem aims to launch digital currency pilot later this year
Facebook-backed Diem aims to launch digital currency pilot later this yearSwitzerland-based Diem Association could reportedly launch its stablecoin pilot in 2021. However, the proposed pilot would be on a small-scale.  Diem’s Dollar-Pegged Stablecoin Pilot Could Begin in 2021 According to CNBC on Tuesday (April 20, 2021), an anonymous source revealed to the news outlet that the Diem Association could conduct a dollar-backed stablecoin pilot sometime
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IS Prime Poaches Sales Director Eduard Poltavsky from Refinitiv

He will oversee the firm’s sale of Agency Execution services.

Nigerian fintech Okra raises $3.5M backed by Accenture Ventures and Susa Ventures

The last five years have seen a plethora of fintech applications in Nigeria (and Africa, in general) grow at an astonishing rate. But...

Early Coinbase backer Garry Tan is keeping the “vast majority” of his shares because of this deal

A week after the cryptocurrency exchange Coinbase staged a direct listing, much of the focus remains on the wealth that the listing generated...

ICO fraudster pleads guilty to $7m Covid-relief loan scam

An ICO fraudster spent more than $7 million in fraudulently obtained covid relief on luxury personal expenses, including a Rolex, a luxury apartment, and a new Mercedes.

UK Fintech Payhawk Finalizes $20M Series A Round led by QED Investors, with Contributions from Earlybird VC Fund

UK-based Fintech Payhawk, a company focused on developing the “financial system of tomorrow” that combines credit cards, payments, and expenses into “one experience,”...

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