In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular components that each perform specific functions. This allows users to pick and choose the components they want to essentially build their
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SINGAPORE The twin brothers who founded New York-based Gemini are looking to grow the cryptocurrency exchange in Singapore as part of a strategy to diversify outside the United States, where the authorities are cracking down on the sector. Mr Tyler and Cameron Winklevoss, 41, were in town to meet financial regulators, lawmakers and customers as
It’s the features, stupid — EV market share is growing because the vehicles keep getting better New research finds plenty of reasons for the appeal of EVs Dan Gearino, Inside Climate News – Jun 8, 2023 1:21 pm UTC Enlargehttps://www.gettyimages.com/detail/photo/recharging-station-royalty-free-image/516332653 reader comments 108 with Electric-vehicle market share has soared in the last decade, but there
Trading platform Webull celebrated its five-year anniversary by releasing new innovative features that utilize artificial intelligence (AI) to suggest investment portfolios based on user responses to a risk assessment. Webull 9.0 introduces new content and more sophisticated tools such as Sage Tracker, which allows clients to monitor the investment activities of leading institutional investors, and
The San Francisco Bay Area Rapid Transit District, facing continued steep pandemic-driven ridership declines, received a two-notch downgrade on its general obligation bonds from S&P Global Ratings, even as a bevy of state lawmakers plead with colleagues to include a transit rescue package in the budget. BART’s GO rating fell to A-plus from AA, but
Morgan Stanley on Thursday moved to sever ties with Crispin Odey’s Odey Asset Management in the wake of a Financial Times investigation that chronicled how the hedge fund manager evaded sexual assault allegations for decades. The bank has begun the process of terminating its prime broking relationship with Odey, according to people familiar with the
Bitcoin (BTC) abandoned the United States during the 2022 bear market, new research suggests. In a tweet on June 8, on-chain analytics firm Glassnode revealed some surprising conclusions about who is now using Bitcoin. BTC supply moves to Asia The past year has seen some seismic shifts in where Bitcoin is held and traded. In
Thiago Cesar is the 34-year-old co-founder of Transfero, a company helping to make crypto more accessible for Brazilians with BRZ, the first stablecoin pegged to the Brazilian real. Cesar grew up in southern Brazil’s Pindamonhangaba municipality, before making the 90-mile trek to Sao Paulo for college. He graduated from Fundação Armando Alvares Penteado, and it
Last week, SALT and iConnections held a conference at The Glasshouse in NYC. The event provided thought leaders with a platform to share insights on the future of innovation, investingand global financial trends. Here are some key takeaways and perspectives. Assets On Blockchain: June Ou, the co-founder and president of Figure, addressed the obstacles associated
Enjin chief technology officer Witek Radomski said the new blockchain aims to promote creativity by facilitating the easy and affordable creation and distribution of NFTs. 1258 Total views 18 Total shares Listen to article 0:00 News Join us on social networksNonfungible token (NFT) platform Enjin has announced its transition to a new mainnet called Enjin
Ruthlessly efficient — AI system devises first optimizations to sorting code in over a decade Writing efficient code was turned into a game, and the AI played to win. John Timmer – Jun 7, 2023 9:44 pm UTC EnlargeAnas Photography reader comments 104 with Anyone who has taken a basic computer science class has undoubtedly
Shares of PayPal Holdings Inc PYPL tanked in early trading on Tuesday, despite the company reporting upbeat quarterly results. Here are some key analyst takeaways from the earnings release. Susquehanna On PayPal Holdings: Analyst James Friedman reiterated a Neutral rating while reducing the price target from $80 to $78. PYPL delivered what we thought was
Seattle Lawsuit System — Boeing hit with a lawsuit over alleged theft of SLS rocket tools “Without the engines installed and fitted perfectly, the rocket could not launch.” Eric Berger – Jun 7, 2023 11:28 pm UTC Enlarge / The SLS rocket and Orion spacecraft are seen before the Artemis I launch.Trevor Mahlmann reader comments
Hazy days — New Yorks air quality reaches hazardous level, by far the worst in the world Wildfire smoke conditions worsened across much of Northeast US on Wednesday. Eric Berger – Jun 7, 2023 6:45 pm UTC Enlarge / The Downtown Manhattan skyline stands shrouded in a reddish haze as a result of Canadian wildfires
The market capitalization of BNB (BNB) has dropped by more than $7 billion since June 5 when the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance. BNB price eyes technical bounce The impact of the SEC lawsuit on Binance has been substantial so far with BNB down nearly 15% week-to-date. On June
? Welcome to today’s video! ? We’ll take a look at zero DTE trading on the SPX. Most people do it wrong, so I’ll show you a tip and insight to approach it differently. Let’s get started! ? We’ll check things out and hop on over to the screen. ?? As we look at the
Puerto Rico Electric Power Authority bondholders say they are owed $8.5 billion and the timeframe of being able to collect on their claim should continue in perpetuity. That was a central point of contention during Tuesday’s PREPA bond claim estimation hearing during which lawyers for the bondholders and the Oversight Board argued about what the
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Few coastal neighborhoods in Southern California are as exclusive as Harbor Island in Newport Beach. For starters, there are just 30 homes on the small, semi-artificial island in Orange County’s Newport Bay. The island is defined by its ultrawealthy residents and bayfront setting. One example: A three-bedroom home at 11 Harbor Island Road for sale
Lloyds Banking Group will seek a sale of the Telegraph Media Group after pushing its parent group into receivership over debts owed by the Barclay family, according to people familiar with the matter. The UK bank has put B.UK, a Bermudian-based holding company that ultimately controls the Telegraph titles and the Spectator magazine, into receivership,