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New Loss Accounting Rule Will Dent Some Banks’ Capital Levels
The Financial Accounting Standards Board’s new incurred loss methodology requires financial institutions...
WhatsApp-Image-2019-03-28-at-11.41.07-AM
The Next Big Thing in Digital Photography: Curved Camera Sensors
Well, camera lenses are round. And when round light hits a square image sensor, it does so unevenly,...
WhatsApp-Image-2019-03-28-at-11.39.59-AM-2
Hong Kong starts granting licenses for virtual banks
The Hong Kong Monetary Authority has granted three virtual bank licenses and is processing five more,...
WhatsApp-Image-2019-03-28-at-11.39.59-AM
FBI seizes $4.5M in cryptocurrency in dark web drug bust
Indeed, with operations like SaboTor it’s going to get increasingly difficult for criminals to carry...
WhatsApp-Image-2019-03-28-at-11.39.59-AM-1
Peter Thiel-Backed Crypto Brokerage Tagomi Just Got Its BitLicense
Due to the disparate pricing across cryptocurrency exchanges, Tagomi takes trade orders and places them...
WhatsApp-Image-2019-03-28-at-11.39.59-AM-3
Bank Negara wants to impose a limit on cash transactions
Such a limit will be an additional measure to mitigate the risk of abuse of cash for criminal activities. However,...
WhatsApp-Image-2019-03-28-at-11.39.59-AM-4
BNM tells banks to use plain language in housing loan contracts
BNM said financial service providers (FSPs) are expected to ensure fairness and clarity of terms and...
WhatsApp-Image-2019-03-28-at-11.39.59-AM-5
Secrets of fintech startup success: a formula for disruption
The time is right for fintech startups that can change the game, but before you throw your hat in the...
WhatsApp-Image-2019-03-28-at-11.43.31-AM
Turkey running low on hard cash reserves as markets fear 'dollarisation'
The drain on the central bank’s foreign currency buffers raises uncomfortable questions about Turkey’s...
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