Stock Trader Advisory

BLOCKCHAIN

CloudWalk | June 28, 2022

CloudWalk, a Brazilian fintech company that offers payment solutions for small and medium-sized businesses, has reached a new milestone: it will launch its own blockchain, a ledger that records cryptocurrency transactions and operations. This announcement comes just seven months after CloudWalk announced it had raised US$150 million in a new investment round and had reached a market valuation of US$2.15 billion. To grow the business is the objective, which has already been accompl...

Google | April 20, 2020

Google could soon follow Apple in launching its own branded payments card, according to TechCrunch. The tech giant is developing physical and virtual debit cards that would be co-branded with financial services players, including Citi and Stanford Federal Credit Union. These two firms were floated in a November Wall Street Journal report on a possible Google checking account, code-named Cache. Cache was initially expected to launch early this year but has yet to materialise ...

FINTECH

IBM, EY | May 10, 2021

IBM and EY have joined forces to create a centre of excellence dedicated to helping financial institutions accelerate their digital transformations with hybrid cloud solutions. The majority of banking and financial services organisations have yet to deploy core systems to the cloud due because of the huge complexity and concerns over security, risk, governance and control. According to a 2020 IBM survey, while 91% of financial institutions are actively using cloud s...

Capital news | January 27, 2020

The latest rally in U.S. stocks is facing a serious test, as the S&P 500 heads toward its worst loss in months on concerns over how the coronavirus will impact the global economy. So far, the selling has been measured, with most investors confident that the U.S. economy remains in good shape and the Federal Reserve stands ready to provide stimulus if the economic situation deteriorates. Still, worries have grown that months of placid trading may have left stocks primed for an upsurge of vola...