Hedge funds are still licking their wounds after a retail trading frenzy forced the industry to slash its overall exposure to stocks, leading to an underperformance in 2021. Last month, an army of retail investors who coordinated on social media managed to push GameStop shares up 400% in just one week, creating massive squeezes in
JPMorgan Chase is taking a stake in a private stock trading platform with links to Palantir to boost the bank’s efforts to connect buyers and sellers of hot pre-IPO company shares, CNBC has learned. Read More
Empowering clients across the lending and leasing lifecycle from originations to servicing through collections. Read More
Nasdaq-100 component Baidu, Inc. (BIDU) is trading lower by less than 1% in Thursday’s pre-market session after meeting fourth quarter 2020 revenue guidance and beating profit estimates by a small margin. The Chinese search engine giant earned RMB 20.08 per share during the quarter, or $3.10 per share in greenbacks, while revenue rose 4.8% year
FinTech is a high risk high reward industry. Most think about the “reward” side of the equation, but the real experts understand the value of risk mitigation. A common risk of software development is making compromises that will back the team into a corner with things like bugs or technical debt. These issues can be
This a Distributed Ledger Technology (DLT) deployment automation framework that cuts the time required to setup a DLT network from several weeks to a matter of hours. Whether for early Proof of Concepts, pilots, or for production and moving to scale, BAF grows right along with you.
QR codes are back, but then again, they never really went away. Toyota Motor Corp. created QR codes in 1994 as a way to track parts and processes. QR codes are now part of everything, from accessing magazine advertising to conducting commerce across the likes of Alipay and WeChat.
Prior to the COVID-19 pandemic, the topic of digital transformation was on the agenda for most companies as they developed a strategy for 2020. The myriad benefits, efficiency enhancements and cost savings made possible by reimagining how people, technology and processes interact on a daily basis were alluring and innovative, but, at that time, not
The authors of this paper – the economists working in the field of financial stability, Mihai Voicu and Irina Mihai – invite the readers, especially central bankers, to set their minds from passive-routine behaviour to pro-active, profound, responsible innovator behaviour. Read More
Massive change has been underway for some time across the industry. Fintechs disrupted tradition, introducing consumers to new ways to get the services they need. Read More
Banks typically approach transformation in part by reengineering their own internal business, IT, and operational processes either in ad hoc ways tied to direct response to some tactical problem or over longer time frames based on carefully planned out strategic planning. Read More
Cryptocurrency has been a hot topic among senior banking and investment figures of late, with JPMorgan Chase CEO Jamie Dimon describing bitcoin as a “fraud”. Speaking at a conference, Dimon said the digital currency is “not a real thing,” adding “eventually it will be closed.” Usually when an industry giant speaks, you would be wise
