Sentences with phrase «of financial tech»

So said Pindar Wong, chairman of financial tech consultancy VeriFi (Hong Kong), during remarks at a European Parliament event on the subject of blockchain technology in Brussels today.

After that initial experiment, the company is betting that the time is now ripe to introduce a new digital token based on Ethereum, considering how far Ethereum has recently risen to become one of the hottest areas in all of financial tech.

But seriously: At first glance smart debit cards may sound like an unnecessarily complicated approach to giving kids money, but there are advantages in embracing this kind of financial tech.

Not exact matches

Ultimately, blockchain is leading the way for a wave of tech - based financial innovation that allows for much more efficient transactions and protection between merchants and buyers.

And it embodies the powerful wave of change that has swept the economy since the financial crisis — one that has broken down the barriers between «tech stocks» and the rest of the market.

That includes the great recession of 1980 to 1982, the stock market crash of 1987, the Russian Ruble crisis of 1998, the tech bubble of 2000, and the financial crisis of 2008.

One panel, expertly moderated by Rana Foroohar of The Financial Times, explored how regulation of Big Tech might proceed.

At the same time, says Mark McQueen, president and CEO of VC firm Wellington Financial, the «push to reduce the amount of money required to find out if a company can succeed» has placed more of an onus on tech startups to prove that their products have what it takes.

The company had to halt operations on Feb. 10 after it was hit with financial penalties for operating as an Internet - based tech platform rather than as a transportation company, which Taiwanese authorities have said was a misrepresentation of its business.

In 2010, as the dust from the financial crisis settled, three women working in disparate parts of the economy noticed that startups in «hard science» (think biology or chemistry rather than tech) weren't getting the attention they deserved from big investors.

What's more, the ubiquity of tech startups — and the decreased financial barrier to entry — has prompted Philadelphia and Detroit, among other cities, to begin offering venture capital in an effort to boost economic development, create jobs and attract young people, says Archna Sahay, Philadelphia's manager of entrepreneurial investment.

«I think of these as high - tech Beanie Babies or 21st - century tulips,» says Robert Hockett, a law professor at Cornell who gained notoriety after the financial crisis for proposing that cities use «eminent domain» to buy out underwater mortgages.

His motivation reportedly stems from a perception of the valley's intolerance for right - leaning politics as well as concerns around the financial impacts of regulatory scrutiny on the tech industry.

After a series of failed products, tough financial circumstances and apparently no ideas of how to become a dominant tech force again, the company reinstated Jobs and made it his mission to restore the innovation that had made the company succeed in its earliest stages.

That comes as financial stocks have been the biggest stock market winners since Nov. 8, thanks to Trump's promises to pull back on banking regulation such as Dodd - Frank, and tech stocks sank on fears of the president - elect's more protectionist trade policies.

Though it may seem stodgy — not to mention highly regulated — compared with Silicon Valley, the financial sector offers some of the best ways to play tech trends.

But over a career at the highest levels in corporate finance, Porat has been equally unflappable, navigating physical obstacles and fighting great metaphorical discomfort — the race - the - clock stress of the financial crisis, the tension of negotiations among big - ego executives, and now the culture clash of imposing financial discipline at tech's biggest idea factory.

Mark McQueen, president and CEO of venture firm Wellington Financial in Toronto, recalls asking Balsillie at a conference a few years ago about what RIM was doing to help grow the tech scene in the region.

«Most of your cyclical sectors, consumer discretionary, tech, industrials [and] financials are all up nicely this year.»

Massive tech players like IBM and Capgemini could go on a mergers and acquisitions «shopping spree» for financial technology (fintech) start - ups next year, the chief of one such start - up has told CNBC.

Foreign Affairs Huawei flourishes despite perennial hurdles in US Financial Times Inside Xiaomi: The perks and perils of startups that join its ecosystem Tech in Asia This entire Chinese village is a shrine to Xi Jinping CNN Only men loyal to the party can now donate sperm in China South China Morning Post

But it's less likely that you've heard of Alfa Financial Software — which, when it went public in May, became London's largest tech IPO in two years.

J.P. Morgan's tech analyst said he expects good things from internet earnings next week, when some of the country's largest companies report their financial results.

At the same time, Burry, who made a fortune in last decade's financial crisis by betting that the housing bubble would burst, is also gaining a following north of Hollywood, as a Silicon Valley tech investor.

The investments will take place over the next five years, according to the Financial Times, which noted that the move was the «latest sign of optimism» in the French tech sector.

And as the Guardian recently reportedly, these concerns are shared by a whole host of lesser known but still hugely influential technologists who, having less financial stake in talking up current realities than tech company bosses, are often even more frank about their worries.

In September, BlackBerry investor Fairfax Financial released a letter of intent to purchase the ailing Canadian tech company for US$ 4.7 billion, but gave BlackBerry six weeks to find a better offer.

Kris Thompson, tech analyst with National Bank Financial, says 2.6 million would be a «stretch» even with combined sales of the Z10 and Q10.

But in 2008, in the midst of the financial crisis, we started noticing that young people were doing some awfully significant things, whether in the financial world (Meredith Whitney had just made her bold call against Citigroup), in the tech world (Facebook was beginning to crank into high gear), or in other industries (Kevin Plank's apparel upstart Under Armour was giving Nike a real run for its money).

Bessant is ranked No. 1 on Institutional Investor magazine's annual Tech 50 list of financial technology leaders recognized for their achievements and innovation, and No. 3 among American Banker's «25 Most Powerful Women in Banking.»

Even those with short memories can recall the tech boom and bust at the turn of the last decade, or the financial crisis we are still digging out of.

Ferguson should bring more financial chops to the board as Alphabet (googl) and its CFO, Ruth Porat, look to streamline how the tech corporation invests in many of its moonshot projects, such as self - driving cars and contact lenses that can measure blood sugar.

Ruth Porat, the search giant's chief financial officer, expresses faith in her former colleague, pointing out that Georgiadis ran one of Google's most important businesses, giving her the background she'll need for «applying cutting - edge tech into all parts of Mattel's business.»

As my colleague Maria Aspan reports in the September issue of Inc., frustration with the archaic and predatory ways of big banks is fueling a wave of innovation in financial tech.

The reported Dell - EMC (EMC) deal, one that neither company has confirmed, epitomizes the sort of financial engineering that has inflamed older tech companies of late.

It was before Federal Reserve chairwoman Janet Yellen broke the customary sphinxlike silence of her office to observe that valuations in some tech categories have become «substantially stretched,» before the tech sector eclipsed financial services as the leading destination for elite business school graduates, and before tech money made over large swaths of New York City, Los Angeles, Seattle, and Austin, and, of course, the entire San Francisco Bay Area, where one in five working adults is employed by a tech firm.

Investors haven't been happy that Dorsey is trying to be the big man at two public companies facing intense competition in a warp - speed tech industry, but Dorsey disclosed in Square IPO filings a side of himself focused on a very big financial contribution that requires a much smaller piece of himself: Roughly 20 percent of his personal holdings in Square stock would go to the Start Small Foundation.

Many of the high - growth software companies that have been transforming the tech industry since their founding have been waiting to capitalize until much longer than we've previously seen — although I expect this tide will start to turn by early Q2, and we should see many of these high quality companies reveal their financial strength to the public world.

Gideon Yu is president and co-owner of the San Francisco 49ers and a tech investor who has played an important financial role at several notable tech companies: He has served as CFO of Facebook and YouTube; he's also been a venture capitalist and led Khosla Ventures» investment in Square.

Tech, helped by a rally in semiconductors, was one of the better - performing sectors, up 1.4 percent, the same as the gains in financials.

Listed real estate firm Agency Group Australia, formerly Ausnet Financial Services, has acquired three arms of struggling tech company Servtech Global Holdings for less than $ 1 million, while also announcing a $ 3 million capital raising.

Shares of Anglo - German manufacturer Dialog Semiconductor lost more than a third of their value on Tuesday morning after a financial analyst warned the company may lose a contract with the U.S. tech giant Apple.

In the wake of a cyber-hit on banking giant JPMorgan Chase, Europol has intercepted intelligence that Russia - based tech - gangs are planning a massive hit on a financial institution, the publication reported.

Both companies are operating at a loss, and it's likely that investors are losing patience with promising tech companies that don't turn a profit, according to Mark McComsey, chief investment officer of Beverly Hills Wealth Management, a financial advisory firm catering to high net worth people and entrepreneurs, based in Los Angeles.

The tech company's financial results come on the heels of a wide - ranging discussion between President - elect Donald Trump and technology CEOs, including Oracle Chief Executive Safra Catz, who was officially added to Trump's transition team on Thursday.

The S&P 500 fell 2.5 percent to 2,643.69, with seven of 11 sectors — including tech and financials — dropping more than 2 percent.

Financial institutions surveyed are: Alaska USA Federal Credit Union, Alliant Credit Union, Ally Bank, America First Credit Union, American Express, Aspiration, Associated Bank, Bank5 Connect, BankDirect, Bank of America, Bank of Internet, Bank of the West, Barclays, BB&T, BBVA Compass, Boeing Employees Credit Union, BMO Harris, Capital One 360, Charles Schwab Bank, Chase, Chime, CIT, Citibank, Citizens Bank, Comerica Bank, Commerce Bank, Connexus Credit Union, Consumers Credit Union, Discover Bank, EverBank, Fidelity, Fifth Third Bank, First Citizens Bank, First National Bank, First Tech Federal Credit Union, GoBank, Golden 1 Credit Union, HSBC Bank USA, Huntington Bank, KeyBank, M&T Bank, Marcus by Goldman Sachs, MetaBank, Navy Federal Credit Union, Pentagon Federal Credit Union, PNC, PurePoint Financial, Qapital, Radius Bank, Regions Bank, Santander Bank, SchoolsFirst Federal Credit Union, Security Service Federal Credit Union, Simple, Star One Credit Union, State Employees» Credit Union of North Carolina, State Farm Bank, Suncoast Credit Union, SunTrust Bank, Synchrony Bank, TCF Bank, TD Bank, Union Bank, UFB Direct, USAA, U.S. Bank, Varo, Wells Fargo, Woodforest National Bank, and Zions Bank.

Known as the Winklevoss twins in the new tech industry, and famous both for being among the largest (if not the largest) holders of bitcoin (and because of their legendary dispute with Mark Zuckerberg over the origins of Facebook) the two men want to create a new exchange in compliance with financial laws.

Tech - enabled financial innovation is advancing at such an incredible speed that regulations, innovators, markets, and investors are all at the intersection of change.

In a statement, VTB said its involvement with Twitter was «solely a financial investment,» sold for a profit, one of several successful deals in the high - tech industry in that period.