Financial

Platform News: Wall Street in New York

Shares in companies linked to non-fungible tokens (NFT’s) surge

Shares in some companies linked to non-fungible tokens , a type of digital asset that is authenticated by blockchain spiked higher, benefiting from their status as the latest hot t...

Platform News: PayPal

PayPal blocks crowdfunding site GiveSendGo due to Capitol violence

PayPal has said it had blocked a Christian crowdfunding website, GiveSendGo, after it helped raise funds for those that attended last week’s event when supporters of Presiden...

Platform News: Ant Group and the FinTech sector in China

China to push its tech giants to share consumer credit data

China intends to push tech giants including Ant Group, Tencent and JD.com to share consumer loan data to prevent excess fraud and borrowing, two individuals with knowledge of the i...

Platform News: Ant Group and Alipay

Ant Group IPO sees record $3 trillion in retail demand

Retail investors put bids for a record $3 trillion of stocks in Ant Group’s  initial public offering (IPO), place to be the world’s biggest, as mom-and-pop Realtors sta...

Credit Suisse

Credit Suisse to launch FinTech rival digital banking app in October

Credit Suisse will establish an electronic banking app in October challenging FinTech’s such as Revolut in the Swiss bank’s home marketplace by providing free foreign t...

Platform News: Opening the WhatsApp app on a smartphone

WhatsApp says Brazil’s central bank willing to restore payments service

Facebook messaging service WhatsApp has said that Brazil’s central bank had said it intended to find a way to restore the payments service in the country by working with Visa...

Platform Industry: Tencent logo at an event

China’s Tencent buys 5% stake in Australian buy-now-pay-later business Afterpay

Chinese gaming and social media group Tencent Holdings has bought a 5% stake in Afterpay, the Australian buy-now-pay-later firm has said. 

London

Finance’s final frontier? British watchdog probes data sharing

LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings,...